International Business News - mart http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An analyst on Thursday said Wal-Mart Stores Inc.'s international operations will drive growth amid a difficult environment and said the company is showing signs of improving merchandise selections. http://www.ibtimes.com/articles/20080703/analyst-affirms-buy-rating-on-wal-mart.htm Thu, 03 Jul 2008 14:03:01 EDT Wal-Mart stores in Arizona now stock Grand Canyon sweet onions while aisles in New York display state-grown eggplant, as the world's largest retailer says it has become the nation's largest buyer of locally grown fruits and vegetables. http://www.ibtimes.com/data/articleimgs/83865-wal-mart-produce.jpg http://www.ibtimes.com/articles/20080702/wal-mart-branches-out-into-locally-grown-produce.htm http://www.ibtimes.com/articles/20080702/wal-mart-branches-out-into-locally-grown-produce.htm Wed, 02 Jul 2008 02:19:08 EDT A judge has ruled against Wal-Mart in a class-action lawsuit, saying the discount retailer violated state labor laws more than 2 million times, including cutting worker break time and "willfully" allowing employees to work off the clock. http://www.ibtimes.com/articles/20080701/minn-judge-rules-against-wal-mart-on-work-breaks.htm Tue, 01 Jul 2008 16:48:16 EDT The familiar logo of the world's largest retailer is getting a makeover. Wal-Mart Stores Inc. said Sunday the company will begin replacing logos on the front of its U.S. stores with a new design beginning this fall. Wal-Mart spokesman Kevin Gardner said the change would reflect changes customers already have seen in some store signs and advertisements. http://www.ibtimes.com/articles/20080629/wal-mart-to-revamp-logo-at-its-us-stores.htm Sun, 29 Jun 2008 20:18:04 EDT A hearing is set for Aug. 22 over whether convicted former Wal-Mart executive Tom Coughlin is entitled to his retirement package valued at up to $15 million. http://www.ibtimes.com/articles/20080624/august-hearing-set-for-former-wal-mart-executive.htm Tue, 24 Jun 2008 12:47:30 EDT Wal-Mart Stores Inc. is reducing its capital spending forecast for fiscal 2009, as it slows construction of supercenters amid a weakening U.S economic environment. http://www.ibtimes.com/articles/20080617/wal-mart-lowers-2009-capital-spending-forecast.htm Tue, 17 Jun 2008 16:51:34 EDT Wal-Mart is reducing its capital expenditure forecast for fiscal 2009, as it slows construction of supercenters amid a weakening U.S economic environment. http://www.ibtimes.com/articles/20080617/wal-mart-lowers-2009-capital-expenditures-forecast.htm Tue, 17 Jun 2008 12:38:59 EDT Wal-Mart Stores Inc. said Monday that shareholders have approved the election of each of the retailer's 15 director nominees. Preliminary voting results from the company's annual meeting held Friday show that each director received affirmative votes from 96 percent or more of the shares voted. http://www.ibtimes.com/articles/20080609/wal-mart-shareholders-elect-company-nominees.htm Mon, 09 Jun 2008 17:22:05 EDT Wal-Mart officials, bolstered by a rebounding stock price and improved image, told shareholders on Friday that their renewed focus on price and better merchandise is winning over customers who they expect to keep when the sluggish economy improves. http://www.ibtimes.com/data/articleimgs/65657-wal-mart-shareholders.jpg http://www.ibtimes.com/articles/20080606/wal-mart-keeps-low-price-mantra-going-at-meeting.htm http://www.ibtimes.com/articles/20080606/wal-mart-keeps-low-price-mantra-going-at-meeting.htm Fri, 06 Jun 2008 18:40:51 EDT Tom Coughlin, the former No. 2 Wal-Mart executive who was convicted of embezzling from the world's largest retailer, claims in a lawsuit that the company led a "witch hunt" against him. http://www.ibtimes.com/articles/20080606/ex-exec-coughlin-accuses-wal-mart-of-witch-hunt.htm Fri, 06 Jun 2008 10:49:18 EDT Wal-Mart Stores Inc. is using lessons from its U.S. operations such as multiple store formats and environmental sustainability to help grow its international business, whose sales increased almost 18 percent to $90.6 billion last year. http://www.ibtimes.com/data/articleimgs/64824-wal-mart-merchandise.jpg http://www.ibtimes.com/articles/20080606/wal-marts-international-business-borrows-from-us.htm http://www.ibtimes.com/articles/20080606/wal-marts-international-business-borrows-from-us.htm Fri, 06 Jun 2008 01:27:05 EDT Wal-Mart's better-than-expected sales in May got a boost from customers spending their government stimulus checks, but company officials noted that its faster, cleaner and friendlier approach to merchandising is clearly resonating with shoppers in a challenging economy. http://www.ibtimes.com/data/articleimgs/65256-wal-mart-merchandise.jpg http://www.ibtimes.com/articles/20080606/wal-mart-benefits-from-new-merchandising-focus.htm http://www.ibtimes.com/articles/20080606/wal-mart-benefits-from-new-merchandising-focus.htm Fri, 06 Jun 2008 10:30:01 EDT Wal-Mart's Sam's Club is going to open a business center focused solely to serve its small business customers, the company's executives said on Thursday. http://www.ibtimes.com/articles/20080605/wal-mart-sams-club-business-store-retail.htm Thu, 05 Jun 2008 23:23:16 EDT Wal-Mart Stores Inc. is using lessons from its U.S. operations such as multiple store formats and environmental sustainability to help grow its international business, whose sales increased almost 18 percent to $90.6 billion last year. http://www.ibtimes.com/articles/20080605/wal-marts-international-business-borrows-from-us.htm Thu, 05 Jun 2008 22:42:51 EDT U.S. stocks gained on Thursday, with all three indexes gaining at least 1 percent as May sales at Wal-Mart Stores Inc. and Costco Wholesale Corp. beat analysts' estimates while jobless claims fell, boosting expectations that consumer spending will increase the retailers profits. http://www.ibtimes.com/articles/20080605/stocks-wal-mart-costco-jobless.htm Thu, 05 Jun 2008 13:21:33 EDT Wal-Mart Stores Inc., the world's largest retailer, and Costco Wholesale Corp. reported a better-than-expected rise in May sales s record gasoline and food prices led shoppers to prefer discount chains. http://www.ibtimes.com/articles/20080605/wal-mart-costco-retail-store-sales.htm Thu, 05 Jun 2008 13:22:57 EDT Wal-Mart Stores Inc. said it expects same-store sales, excluding fuel, to rise between 2 percent and 4 percent during its June reporting period on strength in its U.S. stores and a potential boost from stimulus checks. http://www.ibtimes.com/articles/20080605/wal-mart-expects-june-same-store-sales-rise.htm Thu, 05 Jun 2008 08:08:02 EDT Department-store operator Stein Mart Inc. said Thursday its same-store sales fell 12.4 percent in May, more than analysts had anticipated. Analysts polled by Thomson Financial, on average, expected same-store sales to fall 9.5 percent. http://www.ibtimes.com/articles/20080605/stein-mart-may-same-store-sales-fall-12-4-percent.htm Thu, 05 Jun 2008 08:06:19 EDT Wal-Mart Stores Inc. said Thursday total U.S. same-store sales during the four-week period ending May 30 rose 4.4 percent due to strong sales of grocery, health and wellness and entertainment products. http://www.ibtimes.com/articles/20080605/wal-mart-may-same-store-sales-rise-4-4-percent.htm Thu, 05 Jun 2008 07:47:32 EDT Yahoo announced on Wednesday it has made an exclusive display advertising deal with Walmart.com. http://www.ibtimes.com/articles/20080604/yahoo-wal-mart.htm Wed, 04 Jun 2008 12:41:44 EDT