Netflix has to grow - it can't afford growing pains

2019-01-18 14:27

Netflix must grow. It has no choice, says Shira Ovide.

Naspers bolsters cash war chest with another R27.7bn from Flipkart sale

2018-05-09 15:03

Naspers has sold its entire 11.18% stake in India’s largest e-commerce marketplace, Flipkart, to Walmart, scoring a healthy R27.7bn.

Black father killed by police in front of supermarket

2018-04-18 14:47

Police gunned down an African American father of three using two dozen bullets in the parking lot of a Walmart supermarket in California, authorities and his lawyer said Tuesday.

Walmart upgrades app to add pharmacy refills, money transfers

2017-02-28 09:30

Walmart, looking to lock in more customers with its mobile-phone app, is updating the software so it can be used to skip the line at the pharmacy counter.

Mall monopolies keep rivals away

2016-12-11 06:19

There are cracks emerging in the grocery retail ­sector from the practice of established players trying to keep competition out by entering into “exclusive leases”.

Walmart to invest $25m in China food safety research

2016-10-19 13:31

Walmart and its foundation are investing $25m over five years in food safety research in China, as the retailer seeks to strengthen its foothold in the country.

Walmart to test grocery delivery through Uber

2016-06-03 14:15

Walmart will begin testing the delivery of groceries using Uber, aiming to match the convenience of services offered by and other e commerce companies.

Walmart’s Asda unveils more price cuts

2016-01-10 17:33

Walmart Stores Asda has pledged to invest an additional £500m in cutting prices, creating further upheaval for the UK’s largest supermarket chains.

UK's 'big four' grocers lose more ground

2015-07-28 12:30

All of Britain's so-called 'big four' supermarkets have seen sales fall over the last 12 weeks in an overall market that grew marginally.

Walmart pulls Confederate flag items after US church attack

2015-06-23 11:55

Walmart says it will remove Confederate flag merchandise from its stores as a debate rages around the banner seen by many as a symbol of racial violence in the wake of a deadly attack on a black church in Charleston.


Emerging market entrepreneurs give Naspers great returns, says CEO Bob van Dijk

2018-05-10 07:34

Naspers group CEO Bob van Dijk has told Fin24 that the company intends to continue investing in e-commerce companies, which give Naspers good returns for shareholders' money.

Walmart close to $12bn-plus deal for Naspers-linked Flipkart - sources

2018-04-24 17:37

Walmart is close to finalising a deal to buy a majority stake in India’s leading e-commerce company for at least $12bn and may complete the agreement in the next two weeks.

Walmart pushing hard to catch Amazon in e-commerce

2017-05-14 14:00

Walmart Stores is running hard to catch up in an increasingly crucial segment where it is neither the biggest nor the best: e-commerce.

Walmart CEO’s 3 predictions for the future of retail

2017-01-09 11:12

It’s up to retailers to adapt to these changes – and in some areas even lead the way – or they’ll fall behind and disappear, explains Walmart CEO Doug McMillon.

Walmart-owned Massmart wins court battle against Pick n Pay

2016-11-25 10:44

Walmart-owned Masstores has succeeded in its appeal at the Constitutional Court to have the right to operate as a supermarket that sells fresh foods at a shopping centre.

Walmart’s UK job cuts show how Asda fell behind

2016-09-09 12:45

Slumping sales at Walmart's Asda supermarket chain have been accompanied by thousands of job cuts that analysts say may help explain declining fortunes.

Walmart cuts growth forecast as currency hampers sales

2016-02-18 15:27

Walmart Stores has lowered its annual sales forecast after the strong dollar pulled down the value of overseas revenue.

Walmart tops earnings estimates, CEO pursues shift

2015-11-17 16:15

Walmart has topped profit estimates and increased the low end of its annual forecast, a sign the retailer is making progress reining in costs.

Walmart, Amazon ready face-off over sales

2015-07-14 09:43

Walmart Stores has announced plans for a massive sale timed to compete with a big Amazon promotion.

UK supermarkets face possible probe

2015-04-21 10:30

Britain's embattled supermarkets face a probe by competition regulators after a UK consumer watchdog demanded an investigation into grocers' pricing practices.

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