International Business News - wal 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 Wal-Mart Stores Inc. announced Tuesday it is introducing a new jewelry line that allows customers to trace the origins of the materials through a Web site that links to mines and manufacturers. http://www.ibtimes.com/articles/20080715/wal-mart-introduces-traceable-jewelry-line.htm Tue, 15 Jul 2008 11:57:14 EDT Wal-Mart Stores Inc. said Monday it will phase out illegal wood sources and increase the products it buys from sustainable forest operations. The world's largest retailer is joining a World Wildlife Fund initiative to improve management of valuable and threatened forests. Wal-Mart said it would begin by cataloguing the sources of wood used in its wood furniture. The company set a goal of five years to eliminate wood from sources that aren't well managed. http://www.ibtimes.com/articles/20080714/wal-mart-to-phase-out-illegal-wood-sources.htm Mon, 14 Jul 2008 08:41:54 EDT Wal-Mart Stores says same-store sales in June beat expectations, helped by sales of groceries and a boost from tax-rebate checks. The company is raising its guidance based on the strong results. http://www.ibtimes.com/articles/20080710/wal-mart-june-same-store-sales-top-estimates.htm Thu, 10 Jul 2008 07:39:57 EDT Wal-Mart is pulling from its shelves a popular Mexican comic book that features a protagonist with exaggerated black features after a Houston customer complained that "Memin Pinguin" was racist. http://www.ibtimes.com/articles/20080709/wal-mart-pulls-mexican-comic-criticized-as-racist.htm Wed, 09 Jul 2008 17:19:43 EDT In its first foray into Wal-Mart stores, Martha Stewart Living Omnimedia Inc. said Wednesday it will expand its Martha Stewart Crafts line with the world's largest retailer starting this month. http://www.ibtimes.com/articles/20080709/martha-stewart-crafts-line-to-expand-to-wal-mart.htm Wed, 09 Jul 2008 17:24:28 EDT Martha Stewart Living Omnimedia Inc. said Wednesday its Martha Stewart Crafts line is expanding into Wal-Mart stores in the U.S. and Canada. The company said two new assortments--Martha Stewart Create and Martha Stewart Celebrate--will debut in the majority of the stores this month. http://www.ibtimes.com/articles/20080709/martha-stewart-crafts-line-to-expand-to-wal-mart.htm Wed, 09 Jul 2008 09:35:19 EDT 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 Among the stock activity stories for Monday, June 30, from AP Financial News: NEW YORK (AP)--Shares of Western Alliance Bancorp hit a new all-time low Monday after the Las Vegas-based regional bank said it raised $30.2 million in a private placement of 3.8 million shares. http://www.ibtimes.com/articles/20080630/movers-roundup-western-alliance-devon-energy.htm Mon, 30 Jun 2008 14:19:56 EDT Shares of Western Alliance Bancorp hit a new all-time low Monday after the Las Vegas-based regional bank said it raised $30.2 million in a private placement of 3.8 million shares. http://www.ibtimes.com/articles/20080630/western-alliance-bancorp-shares-hit-new-low.htm Mon, 30 Jun 2008 19:45:27 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 Four major hurdles must be crossed before a broad recovery in the banking sector, and that might not occur for another six to nine months, according to a new research report from Goldman Sachs. http://www.ibtimes.com/articles/20080617/banking-turnaround-likely-in-09-goldman.htm Tue, 17 Jun 2008 12:46:04 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