SAN JUAN, Puerto Rico - Wal-Mart Puerto Rico announced today that it has acquired Supermercados Amigo, the number one supermarket chain in Puerto Rico.
NEW YORK - In the first few weeks of 2002, health- and comfort-related items, such as diet products, exercise equipment and board games, experienced a surge in sales at Wal-Mart, Reuters reports.
NEW YORK - Toys R Us Inc. said on Monday it is testing out kiosks at Ahold-owned stores in the United States in part to compete with Wal-Mart, whose toy sales now exceed those of Toys R Us, Reuters reports.
NEW YORK - Wal-Mart Stores Inc. is on pace to record more than $220 billion in revenue for the 2001 fiscal year, which would make it the world's largest company according to Fortune magazine's annual list, The Associated Press reports.
TROY, Mich. - Kmart Corporation today announced that James B. Adamson has been elected non-executive chairman of the board of directors effective immediately, and will serve as the principal liaison between the board and the company's senior management.
LONDON - Carrefour said that worldwide sales for the year to December rose by 7% to 78 billion euros ($69.70 billion), boosting its share of the French market, The BBC reported.
ZAANDAM, The Netherlands - The Ahold Corporate Executive Board has appointed Marcelo Silva president of its recently acquired Brazilian supermarket company G. Barbosa, effective Jan. 2, 2002.
