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Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc.
A collection of news and information related to Wal-Mart Stores, Inc. published by this site and its partners.

Top Wal-Mart Stores, Inc. Articles

Displaying items 12-22
  • Nearly 40 percent of Wal-Mart's US workers to get pay raises

    Nearly 40 percent of Wal-Mart's US workers to get pay raises
    BENTONVILLE, Ark. (AP) — Wal-Mart Stores Inc. is spending $1 billion to make changes to how it pays and trains U.S. hourly workers as the embattled retailer tries to reshape the image that its stores offer dead-end jobs. As part of its biggest...
  • Forbes List: 10 richest people in the world

    Bill Gates, the founder of technology company Microsoft Corp., topped Forbes' 2015 list of the world's top billionaires for the second straight year. In 2013, Mexican billionaire Carlos Slim Helu was on top. He ranked second this time. Forbes said it...
  • Costco near deal with new credit card issuer

    Costco near deal with new credit card issuer
    NEW YORK — Costco Wholesale Corp., acknowledging its split with American Express Co., said Friday that it is close to reaching a deal with a new credit card company for exclusive rights to serve the giant retailer's customers. Costco should be...
  • Investor urges Staples to merge with Office Depot

    Investor urges Staples to merge with Office Depot
    Activist investor Starboard Value LP has written a letter to Staples' CEO, urging a merger with Boca Raton-based Office Depot. The investor has about a 10 percent stake in Office Depot and about 5 percent in Staples, both office-supply retailers....
  • Merchants lose bid to force lower debit card swipe fees

    Merchants lose bid to force lower debit card swipe fees
    The U.S. Supreme Court declined to hear an appeal by retailers seeking to force the Federal Reserve to impose lower fees on the more than $1.4 trillion in debit card transactions processed by Visa and MasterCard and big banks. The court's denial, made...
  • Once a crusader against big money, Gov. Brown is collecting millions

    Once a crusader against big money, Gov. Brown is collecting millions
    Twenty years ago, one of the first callers to Jerry Brown's radio show, "We the People," asked whether campaign money had influenced him as governor in the 1970s and '80s. "You bet I was influenced," he said. "You think you can collect $10 million or...
  • Activitist investor Starboard wants Staples, Office Depot to merge

    Activitist investor Starboard wants Staples, Office Depot to merge
    Activist investor Starboard Value wants to merge office-supply chains Staples Inc and Office Depot Inc, CNBC reported, citing people familiar with the matter. Starboard, known for its aggressive shareholder activism, disclosed a 5.1 percent stake in...
  • Private equity firm to buy PetSmart

    Private equity firm to buy PetSmart
    Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion, in the largest leveraged buyout of the year. At a time...
  • Merger speculation drives up Office Depot stock

    Merger speculation drives up Office Depot stock
    Office Depot's stock has leapt since activist shareholder Starboard Value LP made moves last week aimed at merging the Boca Raton-based retailer and rival Staples. Starboard disclosed Thursday that it had increased its stake in Office Depot to 10...
  • Pa. Supreme Court affirms $151M ruling against Wal-Mart

    Pa. Supreme Court affirms $151M ruling against Wal-Mart
    (Reuters) - The Pennsylvania Supreme Court ordered Wal-Mart Stores Inc to pay $188 million to employees who had sued the retailer for failing to compensate them for rest breaks and all hours worked. Wal-Mart said on Tuesday that it might appeal the...
  • Haggen chain to buy 146 Vons, Pavilions, Albertsons, Safeway stores

    Haggen chain to buy 146 Vons, Pavilions, Albertsons, Safeway stores
    A supermarket David is gulping down a Goliath. Next spring, Southern California shoppers will see a new name replacing some of their old grocery standbys: Haggen Inc. The tiny Pacific Northwest chain is buying 146 Vons, Pavilions, Albertsons and...