by - July 4, 2012 10:34 am
Wal-Mart Stores Inc. Vice Chairman Eduardo Castro-Wright, a key figure in a bribery probe at the company’s Mexico operations, retired on July 1. The Justice Department and U.S. Securities and…
by - July 3, 2012 2:23 pm
BLOOMBERG — Target Corp. and Wal-Mart Stores Inc. plan to hire tens of thousands of workers in Canada over the next two years, increasing pressure on domestic retailers from Sears…
by - July 3, 2012 2:11 pm
BLOOMBERG — The U.S. Commerce Department awarded a new contract to the nonprofit managing the Internet’s address system four months after saying the group hadn’t met revised requirements that include…
by - July 2, 2012 3:30 pm
Wal-Mart has come a long way since Sam Walton opened store No.1 in Rogers exactly 50 years ago Monday (July 2). No one dreamed at the time the venture would…
by - June 22, 2012 1:08 pm
BLOOMBERG — In an era of serial comparison shopping, Amazon.com Inc. has seemed unassailable. Yet for many kinds of merchandise — the first-season DVDs of “Glee,” say — shoppers can…
by - June 21, 2012 7:48 pm
Wal-Mart Stores Inc., the world’s largest retailer, said the co-heads of its Silicon Valley innovation group, @WalmartLabs, are leaving the company. Venky Harinarayan and Anand Rajaraman, who ran the 200-…
by - June 20, 2012 8:08 pm
BLOOMBERG — Wal-Mart de Mexico SAB, the unit under investigation for bribing Mexican officials to get stores open faster, cut its expansion plan for this year. Owing to a more…
by - June 20, 2012 4:24 pm
BLOOMBERG — On four separate occasions last year, Horst Paulmann, the billionaire supermarket mogul who controls Santiago-based Cencosud SA, sat down with members of the Cunha family of Rio de…
by - June 14, 2012 3:39 pm
BLOOMBERG — Wal-Mart Stores Inc. should be required to set up a bigger suppliers’ fund than originally planned as a condition for its purchase of a stake in Massmart Holdings…
by - June 13, 2012 4:33 pm
BLOOMBERG — Procter & Gamble Co., the world’s largest consumer-products company, should consider breaking itself up if it doesn’t improve earnings this year, an analyst at Sanford C. Bernstein &…
by - June 12, 2012 2:53 pm
Wal-Mart Stores Inc.’s efforts to acquire Latin American assets from Carrefour SA are slowing as the French retailer focuses on turning around its European business, said people familiar with the…
by - June 12, 2012 9:07 am
Bentonville-based Wal-Mart Stores Inc. recently teamed up with its long-time supplier Proctor & Gamble in hopes of boosting P&G product sales through Walmart's online business. According to the Cincinnati Business…
by - June 6, 2012 8:01 pm
Nearly 2,000 current and former employees of Wal-Mart have filed charges of pay and promotion discrimination against the world’s largest retailer with the U.S. Equal Employment Opportunity Commission (EEOC), Brad…
by - June 4, 2012 2:41 pm
Discontent with Wal-Mart’s top executives hit historic levels when thousands of shareholders pledged to vote against CEO Mike Duke and former CEO Lee Scott among other directors linked to the…
by - June 4, 2012 2:18 pm
Wal-Mart Stores Inc. promises “always low prices” at its 4,000 U.S. stores. That may not be the case for nearby homes, according to a study published by the National Bureau…
by - June 1, 2012 5:33 pm
Several dozen analysts had an hour with Wal-Mart executives following the retail titan’s annual shareholder meeting Friday (June 1) in Fayetteville. While Wal-Mart executives eagerly reiterated the company’s strong financial…
by - June 1, 2012 4:53 pm
Some 14,000 shareholders managed to give Wal-Mart one heck of a 50th birthday celebration Friday (June 1) despite the threat of protests. The historical event was a balance of old…
by - June 1, 2012 3:51 pm
FAYETTEVILLE — Singer and actor Justin Timberlake handled Friday’s Wal-Mart shareholders meeting much like a Saturday Night Live guest appearance, walking on stage in a grass skirt and a halo made…
by - June 1, 2012 1:09 pm
Wal-Mart Stores Inc. Chief Executive Officer Mike Duke told employees and shareholders at the company’s annual meeting Friday (June 1) that the retailer, whose executives are accused of bribing Mexican…
by - May 31, 2012 7:00 pm
Wal-Mart executives painted a rosy picture for the company’s future Thursday afternoon (May 31) at a media conference in Rogers. The positive vibes are grounded, according to the execs, in…
