Tag Archives: Walmart

Hornick: Southern Style

Louis “Tripp” Hornick III

The window-treatment vendor re-establishes a U.S. manufacturing presence with its new South Carolina facility By David Gill Within five years of its first century in business, always as a New York-based company, Louis Hornick & Co. is establishing new roots in South Carolina with its new manufacturing facility in Allendale County. This move stems fromMore »

Last updated: November 27, 2013

“Bay-zos,” not “Bee-zos”

Duke_Ratliff

By Duke Ratliff It’s interesting how Amazon is easily the most influential retailer since Walmart and most of us don’t even know how to pronounce the founder’s name. Yes, it’s “Bay-zos” instead of “Bee-zos,” according to the recently published book “The Everything Store: Jeff Bezos and the Age of Amazon,” by Brad Stone. The public’sMore »

Last updated: November 1, 2013

Walmart Sets FY 2015 Capital Expenditure Plan

Walmart

BENTONVILLE, Ark.-For the fiscal year ending on Jan. 31, 2015, Walmart’s capital spending will total between $11.8 billion and $12.8 billion, $200 million less than its revised projection for fiscal year 2014, according to a statement from its 20th annual conference for the investment community. Mike Duke, the retailer’s president and CEO, said, “We’re spendingMore »

Last updated: October 16, 2013

Duke: Walmart “Making Progress” on Key Areas

Mike Duke

ROGERS, Ark.-Walmart is “making substantial or, in some cases, even ‘step-change’ progress” in key areas of its business, according to Mike Duke, president and CEO. In his opening remarks at the company’s 20th annual meeting for the investment community here today, Duke said Walmart is progressing on e-commerce, compliance, leverage initiatives, capital discipline, talent recruitmentMore »

Last updated: October 15, 2013

Walmart Opens Fulfillment Centers Dedicated to Online Orders

Walmart

SAN BRUNO, Calif.-Walmart has opened two new fulfillment centers specifically to handle its online orders. The new centers are located in Bethlehem, Pa., and Fort Worth, Texas. Measuring more than 1 million square feet, the former is the largest fulfillment center ever for the retailer. The latter measures 800,000 square feet and began shipping ordersMore »

Last updated: October 1, 2013

In the Public Eye

Duke Ratliff

Remember the ’80s song “Somebody’s Watching Me?” The lyrics for the Michael Jackson-like ditty went: “I always feel like somebody’s watching me.” Well, I nominate that almost-forgotten tune to be the song of summer 2013 for decision makers of all shapes and sizes. If recent events are any indication, if it feels like somebody isMore »

Last updated: September 10, 2013

Walmart Talks Domestic

Bill Simon, Walmart

The retailer hosts a summit intended to fuel made-in-America products By David Gill By convening its manufacturing summit in Orlando, Fla., last month, Walmart put its mouth where its money is. The retailer called together government officials—including Penny Pritzker, U.S. secretary of commerce, eight state governors and representatives from 32 state governments—and executives with supplierMore »

Last updated: September 9, 2013