| Dec 20, 2013
| 1:26 PM
Supermarket chain Aldi plans to open 650 new stores in the U.S. the next five years, part of an aggressive growth strategy that includes building a regional headquarters and distribution center in Moreno Valley, Calif.
The expansion will be the budget...
| Jan 24, 2014
| 4:24 PM
Wal-Mart Stores Inc. is laying off 2,300 employees in its Sam’s Club division as it tries to make its workforce leaner.
In total, 2% of the 116,000 Sam’s Club employees in the U.S. will lose their jobs. Employees were being informed of the...
| 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’...
| Dec 11, 2013
| 1:11 PM
A Wal-Mart Stores Inc. contractor has agreed to pay $4.7 million to settle a lawsuit filed by 568 Southern California warehouse workers who said they were underpaid and denied rest and meal breaks.
A federal judge has approved the settlement between...
| 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...
| Nov 6, 2013
| 11:44 AM
Wal-Mart Stores Inc. says a "technical error" caused its website to offer absurdly low pricing Wednesday morning, touching off a buying frenzy.
Many products were more than 90% off their list price, with televisions and computer monitors going forá $8,...
| Nov 25, 2013
| 7:38 PM
Wal-Mart Stores Inc.'s board members Monday elected a new chief executive and president to succeed Mike Duke, 63, in a transition that had been rumored for months as the retailer struggled with slow sales growth.
Doug McMillon, 47, is scheduled to...
| Nov 26, 2013
| 4:16 PM
A Maryland judge barred Walmart protesters on Tuesday from company property in advance of widespread demonstrations planned for Black Friday.
Anne Arundel County Circuit Judge Paul Harris also ordered activists to post a $10,000 bond, which they would...
| Nov 27, 2013
| 5:00 AM
When retailers opened on Thanksgiving last year, workers protested outside stores and holiday purists grumbled online — a distracting sideshow in what ultimately proved to be a less-than-robust sales season.
Still, 35 million Americans showed up...
| Nov 29, 2013
| 8:18 PM
Hundreds of protesters, including some Walmart workers who skipped their shifts on the retail industry's busiest day, spoke, chanted and sang outside of Walmart stores around the United States, making pleas for higher wages and better healthcare for...
| Aug 6, 2013
| 5:00 AM
The home entertainment business is growing again, albeit slowly, despite the fact that people continue to spend less on DVDs.
After years of declines, total consumer spending on movies for home use grew 2% in the first half of the year to $8.63 billion....