Walmart

BENTONVILLE, Ark. -- In an effort to curb a growing shrink problem, Wal-Mart Stores, Inc. has issued new guidelines that lower the recommended age at which stores prosecute first-time shoplifters. The retailer is now recommending that its stores prosecute shoplifters at age 16 instead of 18 -- a policy that in line with many other retailers, according to industry experts.

CHICAGO -- Lowe's, Wal-Mart, and Wegmans were among the retailers recognized yesterday for their achievments in data synchronization at the Data Synchronization Summit 2007

BENTONVILLE, Ark. and BRISBANE, Calif. -- Wal-Mart Stores, Inc. said yesterday it has completed the final phase of its 'Site to Store' national rollout to more than 3,300 stores across the country. The service, which Wal-Mart officially launched in March, allows customers to order tens of thousands of products online at Walmart.com (www.walmart.com), most of which aren't available in stores, and have them shipped free to a local Wal-Mart store.

MUMBAI, India -- Millions of small retailers in India plan to hold protests next month to decry efforts by Wal-Mart and other large firms to move in on their territory, according to an Associated Press report.

BENTONVILLE, Ark. and BRISBANE, Calif. -- Wal-Mart Stores, Inc. said yesterday it has completed the final phase of its 'Site to Store' national rollout to more than 3,300 stores across the country. The service, which Wal-Mart officially launched in March, allows customers to order tens of thousands of products online at Walmart.com (www.walmart.com), most of which aren't available in stores, and have them shipped free to a local Wal-Mart store.

BENTONVILLE, Ark. -- Wal-Mart Stores, Inc.'s Sam's Club membership-warehouse division has named Liz Kirkwood s.v.p. of finance, The Wall Street Journal reports. She succeeds Sam Dunn, who left last month to serve as chief administrative officer of Wal-Mart's Japanese division, Seiyu, Ltd.

BATAVIA, Ill. -- German-based discount chain Aldi, with U.S. headquarters here, plans to open 25 to 35 outlets in the competitive Dallas/Fort Worth Metroplex by fall 2009, along with a distribution center to serve the Texas region, the Fort Worth Star-Telegram reports.

New technology is adding robust data and psychographics to the site selection process -- but to win the best locations, you still need to walk the market.