| 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...
| Feb 20, 2014
| 7:57 AM
If Wal-Mart Stores Inc.'s fiscal fourth-quarter earnings were any indication, the economy could use some shaping up.
The Bentonville, Ark., giant, the largest retailer in the world, said its profit for the three-month period ended Jan. 31, plunged 21%...
| 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...
| Jan 31, 2014
| 10:47 AM
SACRAMENTO -- State Sen. Ronald S. Calderon (D-Montebello) has raised $28,000 for his legal defense fund as he faces an FBI investigation into allegations that he accepted bribes in exchange for action on legislation.
He had paid $25,000 of the money,...
| Jan 5, 2014
| 9:57 PM
In its bleakest days in the mid-1990s, Cherokee Inc. realized it had overlooked a key asset — its name.
The Cherokee brand, which began as a shoe line in 1973, evolved into a Van Nuys clothing manufacturing company focused on women and juniors...
| Feb 19, 2014
| 2:54 PM
Safeway Inc. said Wednesday it is in talks about potentially selling itself, finally addressing buyout rumors that began last year after the grocery giant deflected a takeover bid.
The Pleasanton, Calif., company, which operates the Vons and Pavilions...
| 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....