(Reuters) - Wal-Mart Stores Inc on Thursday reported a higher-than-expected quarterly profit as sales in the U.S. market rose and the retailer kept a lid on costs. Excluding special items, earnings per share came to 98 cents in the first...Show More Summary
(Reuters) - Wal-Mart Stores Inc said on Wednesday it will shrink its board by three members to 12, bringing it closer to U.S. corporate norms in a move the largest U.S. retailer hopes would allow it to respond more nimbly to rapid market changes. Show More Summary
(Reuters) - Wal-Mart Stores Inc Chief Executive Doug McMillon's pay rose slightly to $19.8 million in the year ended Jan. 31, a regulatory filing on Wednesday showed, even as profit at the largest U.S. retailer fell on higher costs.Show More Summary
By Nathan Layne (Reuters) - Wal-Mart Stores Inc is expanding free curbside pickup of groceries into eight new cities this month including Kansas City and Austin as the retailer gains confidence it can make the strategy work on a larger scale, a senior executive told Reuters. Show More Summary
Bloomberg writer Nick Turner reported yesterday that, “Wal-Mart Stores Inc., the world’s largest retail chain, will sell 100 percent cage-free eggs in the U.S. by 2025, joining an industrywide shift toward a practice that’s seen as more humane. “As part of the transition, Wal-Mart and its Sam’s Club warehouse chain will require that its egg suppliers […]
(Reuters) - Wal-Mart Stores Inc said it was aiming to switch to a cage-free egg supply chain in the United States by 2025, joining a host of companies that have committed to stop using eggs laid by caged hens. The United States' biggest...Show More Summary
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday rejected Wal-Mart Stores Inc's bid to throw out a more than $150 million class action judgment over the retailers’ treatment of workers in Pennsylvania. The justices declined to...Show More Summary
(Reuters) - Wal-Mart Stores Inc said it will build a dairy processing plant in Indiana to supply private-label milk to about 600 stores, curtailing business with some suppliers in the retailer's sole foray into food processing in the United States. Show More Summary
Retail giant Wal-Mart Stores Inc. apparently got on the good side of the Associated Press a year ago when it announced that would be raising entry-level wages. Since that announcement, AP, in particular wire service reporter Anne D'Innocenzio,...Show More Summary
Complete the sentence: Trying to stem rising health-care costs, some companies, including retailer Wal-Mart Stores Inc., are … a. Paying all employees a living wage. b. Requiring strict adherence to OSHA laws. c. Paying firms like Castlight Healthcare Inc. to collect and crunch employee data to identify, for example, which workers are at risk for […]
Retail giant Wal-Mart Stores, Inc., is getting into the […]
Wal-Mart was once again found guilty of violating workers' rights when they disciplined workers who were exercising their rights by going on strike: A National Labor Relations Board judge has ruled that Wal-Mart Stores Inc. unlawfully...Show More Summary
The National Labor Relations Board ruled that Wal-Mart Stores Inc. retaliated against workers for participating in strikes and must rehire 16 former employees, including seven in California.The retail giant was also ordered to give these employees back pay. The company must hold meetings at 29...
(Reuters) - Wal-Mart Stores Inc unlawfully retaliated against workers who participated in strikes in 2013 and must offer to reinstate 16 former employees, a National Labor Relations Board judge has ruled. Administrative Law Judge Geoffrey...Show More Summary
(Reuters) - Wal-Mart Stores Inc said more than 1.2 million Walmart U.S. and Sam's Club employees will receive a pay increase in 2016. The increases will lift the average hourly full-time wage to $13.38, the company said. The hikes are part of the second phase of the company's two-year $2.7 billion investment plan and will take effect Feb. Show More Summary
(Reuters) - Wal-Mart Stores Inc is merging an Arkansas-based division that develops computer systems for its stores with a fast-growing technology unit in Silicon Valley, aiming to hasten its move to compete in the online era. The information...Show More Summary
Categories: Afternoon Coffee Tags: General News Amazon.com Inc’s Chinese affiliate Amazon China is hoping to enter the ocean freight industry. Amazon China registered with the U.S. Federal Maritime Commission to become a licensed ocean freight forwarder, which would give Amazon the ability to send packages by sea. Show More Summary
Wal-Mart Stores Inc. said Friday that it will close 269 of its stores globally, including 154 in the U.S., as the company looks to reposition itself in a difficult retail climate. The closures include Wal-Mart and Sam's Club locations and will affect 16,000 employees globally, about 10,000 of whom are...
Wal-Mart Stores Inc. announced Friday that they will be shutting down 269 stores around the world “in the coming fiscal year” as part of an ongoing reevaluation of their “fleet.” CNBC reports that of the 154 domestic closures, 102 would be Neighborhood Markets—the brand’s smaller stores originally branded as Walmart Express. Read more...