by - September 22, 2016 3:30 pm
The price-tag Wal-Mart Stores may pay for alleged violations of the Foreign Corrupt Practices Act just went higher than the $858 million the retailer will have spent by the end…
by - September 19, 2016 7:04 pm
Wal-Mart Stores has completed its $3.3 billion acquisition of Jet.com following the expiration of the waiting period under federal regulations, with the Jet.com CEO reporting directly to Wal-Mart CEO Doug…
by - September 14, 2016 5:42 pm
A robotic shopping cart is yet another example of the “test and learn” mindset infused into the DNA of Wal-Mart Stores by founder Sam Walton. The company hopes self-driving shopping…
by - September 12, 2016 11:02 am
It is no secret that Wal-Mart’s pending acquisition of Jet.com in the U.S. and recent partnership with JD.com in China are strategic plays the retail giant hopes will help its…
by - August 18, 2016 3:38 pm
Wall Street was closely eyeing the results of retail giant Wal-Mart Stores and its second quarter earnings report Thursday (Aug. 18) on the heels of disappointing results from Target the…
by - August 18, 2016 5:59 am
Fiscal second quarter net income for Wal-Mart Stores rose more than 8%, with adjusted per share earnings of $1.07 topping the consensus estimate of $1.02. Quarterly revenue of $120.854 billion…
by - August 16, 2016 6:13 pm
Wal-Mart’s international division continues to streamline operations with its latest move to sell its Suburbia clothing chain owned by its Mexican business unit in a deal reportedly valued at $852…
by - August 15, 2016 3:00 pm
Despite a hit and miss retail environment, Wall Street analysts expect Wal-Mart Stores will have a decent quarter fueled in part by strong grocery sales. The consensus estimate is for…
by - August 8, 2016 6:54 am
Editor’s note: Story updated with numerous additions and changes throughout. –––––––––––––––– Wal-Mart Stores is expediting its move into e-commerce and its pursuit of Amazon with a $3.3 billion deal to…
by - August 3, 2016 6:47 pm
Michelle Gloeckler, an executive vice president at Wal-Mart Stores, is leaving the retail giant for a chief merchandising officer role at Katy, Texas-based Academy Sports + Outdoors where she will…
by - July 27, 2016 4:18 pm
Nearly eight months after Wal-Mart Stores moved to shutter more than 100 Express stores scattered across rural America, Dollar General has said it purchased 41 of the empty stores –…
by - June 30, 2016 5:06 pm
The three surviving children of Wal-Mart founders Sam and Helen Walton, recently sold more than 546,979 shares of Wal-Mart stock for an estimated total of $39.17 million. The share disposition…
by - June 28, 2016 11:34 am
In an effort to expand its online products in a big way, Bentonville-based Wal-Mart Stores said each of the more than 450 entrepreneurs pitching nearly 800 products during Tuesday’s Open…
by - June 14, 2016 1:29 pm
David Glass, owner of the World Series Champions Kansas City Royals, said his approach to building a winning baseball franchise is similar to the way he helped run Wal-Mart Stores…
by - May 19, 2016 6:00 am
Editor’s note: Story updated with changes and additions throughout. ––––––––––––––––– Net income for Wal-Mart Stores was down almost 8% in the fiscal first quarter, but the retailer posted higher revenue…
by - April 21, 2016 5:57 am
Wal-Mart Stores failed to report higher net income in fiscal 2016 and sales revenue slipped for the first time in 45 years, but that didn’t curb compensation for CEO Doug…
by - April 20, 2016 4:37 pm
Wal-Mart Stores continues to push for a younger leadership mix. The retail behemoth announced late Wednesday that Jim Walton, son of founders Helen and Sam Walton will not seek re-election…
by - April 12, 2016 9:12 am
A Walmart U.S. already struggling to boost revenue, margins and same-store sales has the added challenge of doing all that and more amid weak U.S. GDP growth and cuts to…
by - March 31, 2016 6:06 am
As Wal-Mart Stores embraces rapid change in a fast-paced world, Wal-Mart CEO Doug McMillon said the challenge will be to make sure that those changes set the stage for a…
by - March 10, 2016 3:08 pm
Wal-Mart Stores is facing a “perfect storm” in trying to grow top line revenue while also trying to meet technology and demographic changes, according to Moody’s vice president Charlie O’Shea,…
