Wal-Mart Stores agreed to buy Trust-Mart, a Taiwanese hypermarket chain, for $1 billion, according to reports. If the deal is approved by Chinese regulators, Wal-Mart will have more supercenters in China than rival Carrefour, which also bid for Trust-Mart.
Addressing concerns over the appearance of their stores, Wal-Mart Stores has recently released an aesthetically pleasing design for one of its future Toronto stores. The new look is said to more closely resemble a condo than its current gray and blue Supercenters.
Retailers including Sainsbury's, Tesco and Ikea are encouraging their customers to re-use plastic bags, offering incentives from loyalty points to charging customers for bags. Plastic bags are becoming increasingly more expensive for retailers, but most are reluctant to get rid of them altogether.
The Kroger Co. plans to build up to 10 new Marketplace stores in and around Ohio, where it currently has three stores in the works. The larger-format stores, which sell general merchandise in addition to groceries, will compete with Wal-Mart Stores, which plans to add 20 Supercenters to the Cincinnati area within the next few years.