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EST Wal-Mart Stores, Inc. to participate at the Bank of America Merrill Lynch 2017 Consumer & Retail
To learn more about online clothing stores visit fashion storeTechnology Conference BENTONVILLE, Ark., Mar 07, 2017 (BUSINESS WIRE) -- Wal-Mart Stores, Inc. /quotes/zigman/245476/composite WMT +0.34% will participate in the Bank of America Merrill Lynch 2017 Consumer & Retail Technology Conference on Tuesday, March 14. A presentation by Doug McMillon, president and chief executive officer, Wal-Mart Stores, Inc., will be webcast live through links at www.stock.walmart.com and will begin at approximately 8:50 a.m. EST. A transcript will be available later in the week, and the materials will be archived on the companys website. About Walmart Wal-Mart Stores, Inc. /quotes/zigman/245476/composite WMT +0.34% helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 260 million customers and members visit our 11,695 stores under 59 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2017 revenue of $485.9 billion, Walmart employs approximately 2.3 million associates worldwide.
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Panasonic said the introduction of a 'curry' button followed complaints from customers struggling to fully get the food off their clothes. It says development took two years, testing combinations of water temperature and water flow. The machine has five other cycles aimed at the Indian consumer, including one to remove traces of hair oil. Wringing the changes As part of the development, Panasonic researchers analysed what went into a typical Indian household's curry dish. The firm said it then tried to establish the optimal time and water temperature required to remove the stains. Panasonic said it planned similar machines for other Asian markets, tackling stains specific to those countries, but would not elaborate. Image copyright PAnasonic Image caption Panasonic 'StainMaster' model is marketed in India to remove curry stains Only about 10% of homes in India have a washing machine, with most people still doing their laundry by hand. That means there is plenty of room for market growth, and the electronics giant hopes the India-focussed machine will help it challenge the South Korean manufacturers dominating the sector. Panasonic told the BBC that about 5,000 of the machines had been sold so far, with a target to sell at least 30,000 by March next year. Priced at about 22,000 Indian rupees (268;$330), the new model costs around 10% more than other washing machines. Panasonic entered the India market in 1990, first producing rice cookers and then expanding its line to also manufacture air conditioners.