Friday 22 June 2018
Wal-Mart stores

Wal-Mart Stores names new chairman

Wal-Mart Stores named vice-chairman Greg Penner as its new chairman, replacing his father-in-law Rob Walton and cementing the founding family's influence over the retailer's board. Penner, 45, has been on the retailer'


India throws open $450bn retail sector

India has thrown open its $450 billion retail market to global supermarket giants, approving its biggest reform in years that may boost sorely needed investment in Asia's third-largest economy. The world's largest retail group, Wal


Potter loss for booksellers

Harry Potter has no spell for bookstore profits.  Millions of people will descend on stores for a copy of 'Harry Potter and the Deathly Hallows' in July, but deep discounts mean many will struggle to turn a profit from the jamboree. '

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