Firms seek revved-up search engines

2012-05-06 16:00

EBay and Walmart are developing new Web search engines to better compete against Amazon.comin the fast-growing e-commerce market.

State spends R4m contesting Walmart deal

2012-04-10 16:15

Economic Development Minister Ebrahim Patel says the government has spent about R4.1m in its challenge to Walmart's takeover of Massmart.

DA: Walmart outcome victory for the poor

2012-03-09 16:12

The Competition Appeal Court's judgment on a merger between Walmart and Massmart is a boon for all unemployed South Africans, says the DA.

Walmart gets conditional Namibia nod

2012-03-06 11:53

Walmart's takeover of Massmart was approved by the Namibian government on certain conditions, including that there be no job losses.

India lifts some FDI restrictions in retail

2012-01-10 17:43

India has formally eliminated restrictions on foreign investment in its single-brand retail sector, opening the door to more FDI in in Asia’s third-largest economy.

Walmart uses apps to target shoppers

2011-11-09 18:04

Global retailer Walmart has unveiled an iPad app and updated its iPhone one in a bid to attract more customers.

Massmart promises fund to benefit locals

2011-11-03 22:00

Massmart says a R100m fund set up as part of the terms of its takeover by Walmart will assist small manufacturers and farmers.


Walmart down on bribery allegations

2012-04-23 14:15

Walmart shares fell more than 3% in premarket trading after an article in the New York Times said the retailer obstructed a bribery probe in its Mexican unit.

Govt will cooperate with Walmart

2012-03-09 16:17

The government says the Walmart judgment endorsed some of its central concerns and it will give the study commissioned by the court its full cooperation.

Walmart verdict to test SA image

2012-03-08 22:00

The impending court ruling on the state's appeal against Walmart's R18bn Massmart deal will be a litmus test for SA's reputation among global investors.

Price cuts boost Walmart US in Q4

2012-02-21 16:22

Walmart's bid to woo customers by lowering prices helped sales rise in the fourth quarter after six quarterly declines.

IMF: Walmart's SA entry was transparent

2011-11-16 15:38

Walmart's R16.5bn acquisition of Massmart has been a transparent process with all the regulatory bodies playing their parts properly, says the IMF.

Namibia to review Walmart deal

2011-11-04 15:29

A Namibian court ruling that conditions set by its regulator on Walmart's takeover of Massmart must be reviewed by the trade minister could be a blow to the R16.5bn deal.

Saks, Walmart show widening US gap

2011-08-16 17:26

Comments at Saks and Walmart results highlight the growing split between high-end consumers with jobs and those with low incomes battling rising prices.

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