Translated by Nicola Mira Published 28 August 2024 On Tuesday, Chinese e-commerce specialist JD.com announced that its board had approved a new share buyback program worth $5 billion (€4.48 billion). The program is set to begin in September and will allow the Chinese e-commerce giant to buy back a significant portion of its capital over […]
From Reuters Published 13 June 2014 Fernando Madeira comes to his new job as head of Wal-Mart Stores’ online business with a reputation as an e-commerce expert after overseeing a significant increase in the retailer’s online sales in Latin America. In his expanded role, the Brazilian business veteran faces an even more demanding challenge: He […]
From Bloomberg Published 21 August 2024 Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., people familiar with the matter said. Bloomberg The U.S. retailer is offering 144.5 million shares in a price range of $24.85 to $25.85, said the people, who asked […]
From Bloomberg Published 21 August 2024 Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., people familiar with the matter said. Bloomberg The U.S. retailer is offering 144.5 million shares in a price range of $24.85 to $25.85, said the people, who asked […]
From Bloomberg Published 16 August 2024 Walmart Inc. raised its full-year sales forecast on August 15, as consumers shop for essentials and look for bargains while cutting spending elsewhere. The company, based in Bentonville, Arkansas, now expects net sales to increase by up to 4.75 percent this year. The previous forecast was for an increase […]
Beauty e-commerce shopping platform Ipsy has appointed Fernando Madeira, former president and CEO of Walmart.com, as its new president. Madeira’s areas of expertise include commerce, media and technology. Facebook: Ipsy Madeira most recently served as president and CEO of Walmart.com, a role in which he led both Walmart’s U.S. and Latin American e-commerce platforms. He […]
Retail sales are rising across the U.S., and Wal-Mart (WMT) is the biggest gainer in this area of the stock market. As stock indexes report positive economic news, Wal-Mart is enjoying one of its best weeks in a long time. Wal-Mart’s share price hit an all-time high after breaking above that mark on Thursday and […]
From Bloomberg Published 16 August 2024 Walmart Inc. raised its full-year sales forecast on August 15, as consumers shop for essentials and look for bargains while cutting spending elsewhere. The company, based in Bentonville, Arkansas, now expects net sales to increase by up to 4.75 percent this year. The previous forecast was for an increase […]
An independent laboratory test claims that PFAS may be present in the adhesive or absorbent pads of some common adhesive bandages PAVEMENT Band-Aid” src=”https://s.yimg.com/ny/api/res/1.2/XAqRfM1gfZ_wi.7uN7KZ6g–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MQ–/https://media.zenfs.com/en/people_218/ca64fd023f424c9103 bae1bcd67a1d48″ class =”caas-img”/> Related: Chemical that can cause infertility found in Cheerios and Quaker Oats PFAS are of concern, says the CDC, because “studies in laboratory animals given large amounts of […]
Food fusion promises benefits The landscape of the grocery market is changing. Over the past twenty years, Wal-Mart has doubled its market share and consumers are increasingly buying in bulk or online. Now the traditional grocery store is fighting for survival. As traditional grocers, Kroger and Albertsons needed to be flexible and adapt. With their […]
