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Wal-Mart Stores names new chairmanWal-Mart Stores named vice-chairman Greg Penner as its new chairman, replacing his father-in-law Rob Walton and cementing the founding family's influence over the retailer's board. Penner, 45, has been on the retailer' More… |
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India throws open $450bn retail sectorIndia has thrown open its $450 billion retail market to global supermarket giants, approving its biggest reform in years that may boost sorely needed investment in Asia's third-largest economy. The world's largest retail group, Wal More… |
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Potter loss for booksellersHarry Potter has no spell for bookstore profits. Millions of people will descend on stores for a copy of 'Harry Potter and the Deathly Hallows' in July, but deep discounts mean many will struggle to turn a profit from the jamboree. ' More… |
