Thursday, January 29, 2009

Walmart Transforms Springfield Store into Full Supercenter

Jan. 23, 2009 – The Walmart store at the intersection of Kearney and Glenstone has been a familiar stop for Springfield shoppers for more than 30 years, but longtime customers may have difficulty recognizing the new Supercenter opening there on Wednesday. Walmart has transformed the store into a Supercenter that offers a full line of groceries, the latest electronics and a wide variety of shopping conveniences. The Supercenter will announce $15,000 in grants to local organizations as part of its grand-opening festivities beginning at 8 a.m. Wednesday.

Located at 1923 E. Kearney, the store originally opened in 1978 as part of Northtown Mall. Walmart built the Supercenter in two phases on the site of the former mall. The initial phase opened in June 2008, offering general merchandise, time-saving services and a limited selection of grocery staples. With the completion of the second phase of construction, the 184,212-square-foot Supercenter now adds a full selection of groceries, as well as a bakery, a delicatessen, a frozen food section, Hispanic foods, and meat, dairy and fresh produce sections. The store will also sell cold beer, wine and liquor.

“We have a loyal customer base and some have been shopping here since our original opening 30 years ago. We think they’ll love the easy-to-shop layout of the new Supercenter, our groceries and great merchandise selection,” says Store Manager Mildred C. Weber. “Now that we’re a full Supercenter, our customers can find everything they need for a great Super Bowl party with a single stop, including deli platters, snacks and beverages to flat-screen televisions and team apparel.”

Supercenter Adds 100 New Jobs
The Supercenter plans to employ approximately 400 associates, including 100 new positions created by the recent expansion. Twelve associates have worked at the store since its original opening in 1978, and 15 associates have worked for Walmart for at least 20 years.

“Walmart offers more than a job, it is an opportunity to build a career,” Weber said. Like most Walmart store managers, Weber started her career with the retailer as an hourly associate. She joined the company in 1985, working as a cashier in Bartlesville, Okla.

The average wage at Walmart for full-time hourly associates in Missouri is approximately $11.17 per hour* Walmart benefits – available to eligible full- and part-time associates – include health insurance with no lifetime maximum. Walmart also offers a 401(k) plan and profit sharing contributions, whether an associate contributes or not, store discount cards, company performance-based bonuses, stock purchase program and life insurance.

Community Support Continues with Grand Opening Grants
As part of Walmart’s commitment to the communities in which it operates, $15,000 in grants from the Wal-Mart Foundation will be presented during the store’s grand-opening celebration. These grants are in addition to the $20,000 distributed by the store at the June 2008 celebration of the completion of the first phase of construction.

Associates at the Springfield Supercenter selected Ozarks Food Harvest to receive a $5,000 grant to support its meal program and other hunger relief efforts. The city of Springfield will receive $6,000 in grants to support its fire and police departments. Other recipients include Fair Grove Elementary School, Weller Elementary School and the Good Samaritan Boys Ranch.

The grant to Ozarks Food Harvest reinforces the store’s ongoing support of the food bank. The store conducts a food drive every quarter to support the food bank’s Food for Thought weekend backpack program that provides nutritious food for children who might otherwise go hungry at home.

Bart Brown, executive director of Ozarks Food Harvest, said, “We are so grateful for our partnership with Walmart stores and their associates. They are truly helping us fulfill The Food Bank’s mission of Transforming Hunger into Hope™. The new Supercenter has collected thousands of pounds of food for our programs and is a generous supporter of our Backpack Program which provides food on the weekends for needy children. The generous grant in honor of this grand opening could not come at a more needed time. We truly appreciate every donation Walmart makes to Ozarks Food Harvest.”

The store will join other area Walmart stores as an active participant in a partnership garnered between Walmart and Feeding America—The Nation’s Food Bank Network. The Walmart stores in the Springfield area donate their surplus food to Ozarks Food Harvest, which distributes it to a network of more than 340 agencies such as shelters, soup kitchens, senior centers, pantries and daycares in 29 southwest Missouri counties. Donated food items include meat, bakery items and deli products that are less than four days beyond the sell-by date.

“We know that financial support to our local organizations makes a real difference, and we will play a role in continuing Walmart’s commitment to Springfield and neighboring communities,” Weber said. “Like all Walmart stores, our store will work with organizations to provide support and community grants throughout the year.”

Ribbon-Cutting Celebration 8 a.m., Jan. 28
Community and business leaders will join Walmart associates at 8 a.m. Wednesday for a brief ribbon-cutting ceremony. As part of the festivities, the Pride Choir from nearby Weller Elementary School will perform the national anthem and Weber will cut the ribbon to the grocery area. Throughout the day, customers will be able to enjoy character appearances, product samples and giveaways.

Walmart Tackles Game Time Entertaining with Lower Prices on Party Foods and Electronics

Jan. 26, 2008 – To get football fans primed for the big kickoff Feb. 1,

Walmart is passing along new savings starting this week on the most popular food and electronics purchases made this time of year. Walmart announces $50 to $100 Rollbacks on select HDTVs – savings that can help pay for the entire football party menu and more.

Even in a tough economy, Americans still love their football! More than 70 percent are still planning to make purchases for entertaining around the big game Feb. 1.*

Walmart’s food savings will help fans create a Game Time menu for 10 people for less than $50. A sample party menu may include the following items**:

* Walmart Chicken Wing Basket - $8 average (or $5.24 per lb.)
* Walmart Fresh Vegetable Tray - $10
* Two (2) DiGiorno 12” Pizzas - $9.50
* One (1) bag Ruffles potato chips (10 oz.) - $2
* Two (2) bags Tostitos chips (10-13 oz.) - $6
* One (1) jar 15 oz. Tostitos Queso dip and one (1) 24 oz. Salsa - $6
* One (1) bag Chex Mix Party Mix (20 oz.) - $2.78
* Nestle Toll House Cookie Dough (16 oz.) - $2.48
* Two (2) 2-liters of Pepsi (or Diet Pepsi) - $2

The retailer’s HDTV savings start with Rollbacks up to $100 on select, top TV brands in the most popular sizes starting Jan. 25. A few examples include $100 saved on a Samsung 32- inch LCD HDTV at $498 – the same price as on Black Friday – to the larger Sony 46-inch $1,298 HDTV reduced $100 on Rollback and in addition includes a $100 bonus Walmart Gift Card with purchase.

For those fans excited about the halftime show and upcoming album, Walmart has the exclusive new Bruce Springsteen & The E Street Band Greatest Hits CD for only $10.

WalMart Americas Aims to Reduce Detergent Phosphates 70%

January 26, 2009 – WalMart Stores, Inc. (NYSE: WMT) committed today to reduce phosphates in laundry and dish detergents in the Americas region by 70 percent by 2011. Wal-Mart also announced plans to accelerate its drive toward more sustainable packaging in the Americas region by reducing packaging by 5 percent by the end of 2013.

Phosphate compounds are a common water pollutant and can damage aquatic ecosystems by stimulating the growth of algae that depletes oxygen in the water for fish and plants. Phosphates from detergents are a significant contributor to phosphate-based water pollution.

“Our reach around the world puts us in a unique position to drive sustainable change across national boundaries and into the global supply chain,” said Craig Herkert, WalMart president and CEO of the Americas. “By further coordinating efforts throughout the region and sharing best practices, we believe we can help our customers save money on the products they need, while improving communities and the environment.”

According to Matt Kistler, WalMart senior vice president, sustainability, “It is exciting to see our international markets join efforts to drive sustainability progress. Together with governments, our suppliers and customers, we are making great strides in lessening our impact on the environment.”

Continuing its push toward more sustainable packaging, the company will bring its U.S. initiated packaging scorecard to the Americas by the end of 2009. The scorecard is a tool that helps Wal-Mart buyers make more informed purchasing decisions and helps move the company toward its goal of creating zero waste and dramatically increasing the number of environmentally friendly products. As a part of this initiative, WalMart will launch a Sustainable Value Network (SVN) to focus on reduced packaging in each market. The SVN will bring together leaders from Wal-Mart, supplier companies, academia, government and non-governmental organizations to explore challenges and develop solutions that benefit our business and our communities.

The announcements were made during the company’s quarterly sustainability milestone meeting, held to track company progress on a number of environmental fronts. WalMart suppliers and associates from around the world attended the event at the WalMart Home Office in Bentonville and watched via web cast. Attendees also heard from world renowned architect and designer Bill McDonough on the importance of product and supply chain innovation.

After WalMart’s U.S. business, WalMart Americas is the company’s second largest business unit. It includes Canada, Puerto Rico, Mexico, Central America, Brazil and Argentina, has more than 2,300 stores in 10 markets and employs more than 364,000 associates.

Wal-Mart to Webcast Quarterly Sustainability Milestone Meeting

Wal-Mart Stores, Inc. will web cast its quarterly sustainability milestone meeting at walmart stores. Lee Scott will speak at the meeting for the last time as CEO and will share his reflections on the company's sustainability journey and the leadership position that we've established. Other topics for the meeting include:

* Thoughts from Mike Duke regarding our continued commitment to sustainability
* New sustainability goals for WalMart's business in the Americas
* Best practice sharing among sustainability leaders from all areas of the company

Wednesday, January 28, 2009

Wal-Mart Confirms Successful Tender Offer for D&S

Investment provides major foothold in key South American market

SANTIAGO, Chile, Jan. 23, 2009 – Wal-Mart Stores, Inc. (NYSE: WMT) confirmed today as successful its tender offer to acquire Distribución y Servicio D&S S.A. (DYS), Chile’s largest food retailer.

The offer will result in the acquisition by Wal-Mart of approximately 58.2 percent of the issued and outstanding shares of D&S, including shares represented as American Depository Shares in the United States. Felipe Ibáñez Scott and Nicolas Ibáñez Scott will collectively retain approximately 40.1 percent of the shares of D&S, leaving approximately 1.7 percent held by the public. The tender offer period commenced Dec. 24 and closed at midnight Jan. 22 local Santiago time.

The final results of the tender offer, including the actual number of shares tendered to Wal-Mart, will be published in a Notice of Results in Chile this Sunday, Jan. 25. As was provided in the prospectus, payment for shares that have been tendered and accepted is expected to begin this Thursday, Jan. 29.

According to Craig Herkert, WalMart Executive Vice President and CEO of the Americas, “Partnering with D&S, with its strong brands and its position as Chile’s largest food retailer, is an important step in implementing WalMart’s international strategy. We continue to focus on portfolio optimization, global leverage and winning in every market.”

With 2007 net revenues in excess of US $3.8 billion, D&S has more than 180 stores, 10 shopping centers and 85 PRESTO financial services branches. D&S began as a family-owned operation led by Manuel Ibáñez Ojeda in 1957 with its first supermarket called Almac. The business was expanded by his sons, Felipe Ibáñez Scott and Nicolas Ibáñez Scott, who will remain engaged in the business. With headquarters in Santiago, D&S has more than 34,500 associates. The company operates under a number of different formats including hypermarkets Hiper de LIDER, supermarkets Express de LIDER, Super Bodega Acuenta and Ekono convenience stores.

According to Enrique Ostale, Chief Executive Officer of D&S, “This partnership will allow us to reach even higher levels of excellence in our operations and customer service. By combining our local retailing knowledge with Wal-Mart’s global expertise, we will create additional growth opportunities for our company and for our associates. We will also be able to deliver to our customers a broader selection, better quality and lower prices. We are very pleased the tender offer was successful.”

Herkert agreed. “With the finalization of this transaction, we are bringing together two strong and similar cultures to create an even stronger D&S organization,” he said. “We share similar structures, formats and feature a similar broad range of products. More importantly, we share similar values: integrity, sustainability, care for the associate, local supplier development and saving people money, so they can live better.”

According to Herkert, the transaction will bring additional investment to Chile, not only in upgraded and new stores, but in associate and supplier development. WalMart already has a global procurement office in Santiago and currently exports Chilean products to its stores in the United States and throughout the world.

“Chile is already a growing global source for seafood, fruits and vegetables. Our investment will further strengthen Chile as a world-class supplier. Not only do we provide local suppliers additional global opportunities through WalMart’s global network of stores, we also have a history of collaborating with suppliers to enhance their productivity, product innovation, quality, packaging and environmental friendliness.”

Big Game Fans Score With Sam's Club and Save


January. 21, 2009 – A Big Game party with family and friends is the perfect way to break up the long winter and enjoy great food, company and sports. Sam’s Club Members have a home field advantage when writing their play book for the Big Game. But, scoring big with guests takes a bit of pre-game planning. This year, Baltimore football wife Shauna Wilcox and Sam’s Club have important tips to help any host be the “Party MVP.”

Sam’s Club has great values on everything the ultimate Big Game host needs to create a championship event. Rookies and seasoned pros alike will find the tips and tools needed to create the best party plays Jan. 29-31 when Sam’s Club hosts its pre-game sampling event. Future Members are welcome and those who join Sam’s Club prior to Feb. 1, 2009 will receive a $10 gift card.

The average Big Game party includes 17 people and Sam’s Club can feed this crowd for less than $6 per person with a 16” Member’s Mark Take ‘N Bake Pepperoni Pizza for $6.88, hot wings with ranch sauce, a croissant sandwich party tray, cheese sticks and a custom football cupcake cake from the bakery. Sam’s Club will demo these items and other Big Game party food including Jumbo Cooked Member’s Mark Shrimp and Rib-eye Steak with Chicago Steak Seasoning during its pre-game sampling event.

Shauna Wilcox, wife of Baltimore Ravens Tight End Daniel Wilcox, and member of Off the Field players’ wives association offers these tips to bring victory home.

* Line of Scrimmage – Start by shopping where you can pick up everything you need in one place – saving you precious game-time prep. Sam’s Club is a simple one-stop-shop for all your party-hosting needs with everything from delicious food and beverages, to electronics, games and more, all at great values.
* Exceptional Performers – Big Game parties primarily focus around one main thing – the TV. Check into a new tube and sound system for optimal game viewing. Sam’s Club has a 52” Samsung 1080p High Definition LCD TV that includes 18 month financing and free technical support for $1997. And, take viewing to the next level with a Samsung Blu-ray Home Theater System for $798.
* Create a Primetime Lineup – Since most guests will be planted in front of the TV for much of the party, feature easy-to-eat foods. Finger foods, such as party trays and pizzas, are great choices to keep guests satisfied from the coin toss to the final seconds of the game.
* Winning Combinations – After the main dishes are set, look for combinations like wings and ranch sauce or bruschetta spread and bagel crisps. Keeping a wide array of food flowing is sure to be crowd pleaser.
* Tackle Thirst – No party is complete without lots of liquid refreshment. Make sure to have plenty of water, soft drinks and other beverages on hand. Get creative and make drinks featuring each teams’ colors. A water cooler also adds a decorative game day touch.
* Guests Play-Callers – Get your guests in on the action and invite party-goers to top their part of a pizza with delicious meats and veggies, or coordinate a “chili bar” where they can add their favorite finishing touches.
* Friendly Competitions – A few games during the Big Game is a great way to keep guests doubly entertained. Fun and easy activities such as asking guests to guess the score at half-time or the first half-time commercial will keep everyone involved – even those who aren’t avid sports-watchers. Have a few small prizes like scratch-off lotto tickets and a larger prize like a gift of Membership to Sam’s Club for game-winners, as well.

WalMart: shades of green

WalMart: shades of green; Burlington store a showcase for the environment

WalMart's new Burlington super center will be a living environmental laboratory for the company's 316 Canadian stores.

President and CEO David Cheesewright calls the environmental demonstration store -- open to the public Jan. 21 -- a marquee project in WalMart's plan to "dramatically reduce our waste, dramatically reduce energy consumption and dramatically reduce our packaging."