| Nov 25, 2013
| 7:13 AM
Wal-Mart Stores Inc.’s board members on Monday elected a new chief executive and president to replace Mike Duke, 63.
Doug McMillon, 47, is scheduled to take the reins on Feb. 1, the company said, about four years after Duke stepped into the...
| Nov 1, 2013
| 9:49 AM
Most Halloween candy is still sitting uneaten in pillowcases, but retailers such as Wal-Mart Stores Inc. are already kicking off their Christmas promotions in hopes of surviving harsh holiday conditions this year.
Bargain basement deals normally...
| Nov 14, 2013
| 8:20 AM
Wal-Mart Stores Inc. on Thursday reported lower-than-expected fiscal third-quarter revenue and another drop in a key U.S. sales figure. The retail giant also reduced its full-year forecast for the second time.
All this just before the key holiday...
| Sep 5, 2013
| 10:58 AM
In what organizers expect to be the largest demonstration since last year's Black Friday protests, labor-backed activists are set to rally and march Thursday against Wal-Mart Stores Inc. in downtown L.A., calling for better jobs.
The Los Angeles...
| Jan 23, 2014
| 10:53 AM
Wal-Mart announced Thursday it would create a $10-million fund to help support and spur innovation in U.S. manufacturing.
Bill Simon, Wal-Mart Stores Inc.'s U.S. president, outlined some of the details of the fund at the United
States Conference of...
| Oct 23, 2013
| 2:37 PM
99 Cents Only Stores Inc. has laid off about 160 workers as the company sought to streamline costs and stay competitive.
No stores will be closed and no employers or managers at any of the chain's 332 stores were affected in Tuesday's move, according to...
| 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...
| Feb 4, 2014
| 8:52 AM
Wal-Mart Stores Inc. is plunging nearly 500 million Canadian dollars, or $452 million, into its efforts in the next year to dominate the retail landscape in the Great White North.
The discounter’s Canadian unit said Tuesday that it will spend $339...
| Jan 31, 2014
| 8:49 AM
Wal-Mart Stores Inc. said Friday that U.S. sales figures for its fiscal fourth quarter would probably come in below earlier forecasts when they’re announced Feb. 20 due to the effects of volatile weather and cuts to the federal food stamp program....
| Jan 15, 2014
| 5:12 PM
The National Labor Relations Board, an independent federal agency tasked with policing bad behavior by employers, is targeting Wal-Mart Stores Inc. over the retail behemoth's alleged crackdown on its protesting workers.
The NLRB filed a formal complaint...