Wal-Mart's U.S. chief sees smaller stores
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Eduardo Castro-Wright, head of Wal-Mart's U.S. operations, said the retailer is looking to improve its returns by building fewer stores and stores that are smaller.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, is accelerating plans for new so-called supercenter stores next year as the markets, which average about 186,000 square-feet, draw
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BEIJING, Dec. 23 -- The US retail giant Wal-mart will open its first outlet in Shanghai next year and also move its headquarters there.
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The world's leading retailer may be ready to nibble at smaller concepts.
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A report prepared last year by  Wal-Mart Stores Inc.&#39;s  former advertising agency said  some of the world&#39;s largest retailer&#39;s key strengths such as  low prices and one-stop shopping were working against it in  areas it wanted to grow in, a copy of the report in the New  York Times said.
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Stores are stocked with an abundance of featherweight gadgets. But some of these tiny gadgets raise a new question: How small is too small?
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US retail giant Wal-Mart Stores Inc plans to open 15 new stores in China next year, reported China Daily on Wednesday. Joe Hatfield, president of Wal-Mart Asia, revealed the news at a press conference yesterday in Beijing.
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The electronics and entertainment giant Sony Corp. is talking with Wal-Mart Stores Inc. and Costco Wholesale Corp. in an effort to boost sales by shipping to U.S. discount chains with which it previously did little business.
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Wal-Mart Stores Inc. plans to open or expand 40 to 45 discount stores and 240 to 250 Supercenters in the United States next year as the world's largest retailer continues an aggressive expansion plan.
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Wal-Mart Stores Inc.&#39;s   Chief Financial Officer said on Friday that the  retailer will moderate the growth of its supercenter stores &quot;a  little bit.&quot;
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Few people took notice when Sony Electronics Inc. opened a tiny storefront last year here at South Coast Plaza, a swanky mall south of Los Angeles. As it turns out, the small store would represent a big change in how Sony sells its televisions, DVD players and other gear.
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For an executive who rarely talks with the media, it was a hectic 24 hours. After granting interviews to USA Today and the Associated Press, H. Lee Scott Jr., Wal-Mart Stores Inc.'s generally low-profile chief executive, sat down for on-camera interviews yesterday with ABC, CNN, Fox and CNBC.
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This smaller designer and distributor of fans and lights is aligned with an impressive mix of retailers.
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SAN FRANCISCO (CBS.MW) - Wal-Mart Stores Inc. late Monday unveiled fiscal 2005 expansion plans that include adding 40 to 45 discount stores in the United States and 155 to 165 in international markets.
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MUMBAI/NEW DELHI  - Executives from U.S. retail giant Wal-Mart Stores Inc.  took a first look at Indian stores on Thursday as they discuss a tie-up with Bharti Entreprises that could revolutionize the country's $300 billion retail industry. Over 100 protesters waving banners and shouting slogans marched on government buildings in New Delhi. Some broke through police barricades and burned an effigy representing Wal-Mart.
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Most small retailers, which cannot afford either price cuts or expensive advertising, are doing something else this holiday season: making a virtue of their size.
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FAYETTEVILLE, Arkansas  - Wal-Mart Stores Inc.  said on Friday that it will slow growth of its supercenters as it tries to improve sales at its U.S. stores and will also buy back $15 billion of stock, sending the world's largest retailer's shares up 4 percent.