| Aug 15, 2013
| 8:21 AM
Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations.
The disappointing performance, coupled with pessimistic forecasts from Macy’...
| May 28, 2013
| 4:05 PM
Wal-Mart Stores Inc. admitted to improperly handling and disposing of hazardous materials at its stores nationwide, pleading guilty Tuesday to several federal criminal and civil counts and agreeing to pay more than $81 million.
The accusations against...
| Jun 3, 2013
| 8:29 AM
Wal-Mart Stores Inc., the world’s largest produce seller, is trying to keep pace with rival grocery stores by freshening up its selection of fruits and vegetables.
On Monday, the Bentonville, Ark., mega-retailer unveiled a new initiative to...
| May 16, 2013
| 8:49 AM
Wal-Mart Stores Inc. reported slight upticks in revenue and profit in its first quarter, but the retail behemoth still missed Wall Street’s expectations and watched its stock suffer in morning trading.
The Bentonville, Ark., mega-chain blamed...
| Dec 14, 2012
| 8:17 AM
Wal-Mart Stores Inc., Ralph’s owner Kroger Co. and Sara Lee parent Grupo Bimbo are all said to be in the running to buy up assets from liquidating Twinkies maker Hostess, according to a report this week.
The companies, along with Midwest baked...
| Apr 5, 2013
| 4:35 PM
Portrait studios at Sears and some Wal-Mart stores — the scenes of innumerable family photos — have unexpectedly closed as their operator, CPI Corp., goes out of business.
The portrait provider said in a statement on its website that all...
| Jul 10, 2013
| 10:05 AM
A group of 17 American retailers, including Wal-Mart Stores Inc., Target Corp. and Macy’s Inc., have signed on to a five-year agreement to help improve safety at garment factories in Bangladesh.
The accord is separate from a legally binding plan...
| Apr 30, 2013
| 10:10 AM
Blackstone Group, the New York-based private equity group, announced Tuesday it would hire 50,000 military veterans over the next five years across its various businesses.
The company said it is partnering with the White House, which is leading an...
| Jun 6, 2013
| 8:17 AM
Retail sales in May had their best month since January, as warmer weather and a stock market rally drew out shoppers who had spent March and April cooped up indoors.
Same-store sales across the board rose an estimated 3.9%, slightly beating expectations...
| Jul 24, 2013
| 10:53 AM
Thirty workers walked off the job Wednesday at the warehouse of a luggage supplier to Wal-Mart Stores Inc to protest alleged retaliation from managers after employees complained about poor working conditions, organizers said.
The workers, who are not...
| Aug 27, 2013
| 1:40 PM
Wal-Mart Stores Inc., the largest private employer in the country, plans to start offering health coverage next year to domestic partners of full-time employees – including those in same-sex relationships.
The extension, outlined in a postcard...