Articles by Wal-Mart

  • Kohl's
    Retailers Begin Unveiling Seasonal Hiring

    September 18 2012 2:46 PM EDT

    It's that time of the year when retailers operating in the U.S. begin dribbling out statistics on holiday hires, a closely watched batch of communications considered an important economic indicator.

  • Singh
    India's 'Big Bang Friday' Reforms Might Just Stick

    September 17 2012 1:35 AM EDT

    There were quiet celebrations in the offices of Prime Minister Manmohan Singh late last week after he stunned the country with a slew of steps to revive the tanking economy.

  • A man walks past the BSE building in Mumbai
    India Opens Gates To Foreign Retailers, Broadcasters, Airlines Amid Slowing Economy

    September 14 2012 12:24 PM EDT

    The government of India, the world's 10th largest economy by gross domestic product, passed wide-ranging laws on Friday expanding foreign investment in the retail, broadcasting and airline sectors, opening its doors to companies like Wal-Mart Stores Inc. (NYSE: WMT) amid slowing growth.

  • Facebook, Wal-Mart, Walt Disney Face Fresh Patent Suits From University Of California

    September 13 2012 5:02 AM EDT

    Facebook Inc. (FB), Wal-Mart Stores Inc. (NYSE: WMT) and Walt Disney Co. (NYSE: DIS) face fresh patent suits from a University of California patent licensee, which sued some of the biggest U.S. companies previously, Reuters reported.

  • Burberry graphic
    Flat Burberry Sales Pull High-End Brands Down

    September 11 2012 2:43 PM EDT

    After London-based Burberry Group PLC (LON: BRBY) reported flat comparable-store sales for its second quarter, market watchers are trying to digest cross signals in the luxury goods market.

  • McClintock High School Chargers football players take part in a scrimmage in Tempe
    Cut Sports, Cut Quality Of Life

    September 10 2012 3:59 PM EDT

    For all of us who grew up with ample access to sports and the arts, it's difficult to see how our school systems have evolved, practically eliminating the character-building program of sports participation.

  • Toys 'R' Us Takes On Amazon With 'Tabeo' - Tablet For Kids

    September 10 2012 11:00 AM EDT

    Toys ''R'' Us is introducing a tablet for children, and the new product will not be available online. The Tabeo, as the new tablet is called, can be pre-ordered over the Internet but it is only available in Toys "R" Us stores.

  • Costo (COST)
    Costco's Shares Touch Record High After Founder Lauds Obama

    September 06 2012 3:40 PM EDT

    Costco Wholesale Corporation (NASDAQ: COST) stock price touched an all-time high on Thursday, a day after co-founder and former CEO James Sinegal addressed the Democratic National Convention.

  • Rupee
    Why India Should Adopt Urgent FDI Reforms

    September 03 2012 2:59 AM EDT

    With India's economic growth faltering as a result of weak governance, policy paralysis and opposition to reforms, investors feel the urgent need to push for plans to allow foreign direct investment in financial sector and multi-brand retail trade.

  • Video Game 'Madden NFL 13' Sells Record 900K Copies In One Day

    August 30 2012 2:06 PM EDT

    Electronic Arts Inc. said in a statement Thursday that "Madden NFL 13," the latest iteration of its iconic football video game franchise, sold about 900,000 in its first 24 hours on retail shelves. Citing "internal estimates," EA said the sale was a 7 percent increase from last year's launch, making it the highest-performing launch title for the franchise for the console generation.

  • Sears
    Sears, Former American Icon, Will Be Kicked Off S&P 500

    August 30 2012 12:05 PM EDT

    Sears Holdings Corp. (Nasdaq: SHLD), which revolutionized retail in the 20th century with its mail order catalogs. will be removed from the S&P 500 Index at the end of Sept. 4, according to Standard & Poor's, after struggling to lure consumers amid the weak economy.

  • File photo of Best Buy logo seen at a store in Toronto.
    Best Buy Private Equity Bid: Who Has The Bucks For A Big Deal?

    August 30 2012 6:19 AM EDT

    Can Richard Schulze, the 71-year-old founding CEO of Best Buy Co. (NYSE: BBY) put his money where his mouth is? Can he fork up billions from private eqiuity behemoths like KKR (NYSE: KKR)?

  • Diamonds; from Mining to Marketing

    August 29 2012 4:50 AM EDT

    TIF, WMT, COST, TGT, JCP, M, ZLC. Compare the business Diamonds to the business of Gold, the Diamond industry is very small. The worldwide retail market for diamond jewelry was $60-B in Y 2010, and like the Gold business, the Diamond business involves several sectors: 1. Miners, producers and sellers of the rough goods.

  • A general exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington, June 24, 2011.
    Money's Winners And Losers: NY Fed And AIG, Gawker Media, Eli Lilly, ZeekRewards, Best Buy, Fisker Automotive

    August 24 2012 7:41 PM EDT

    Each week, we pick the biggest, most dramatic, or most interesting winners and losers in money and business. Our picks for Aug. 19-24 include the Federal Reserve Bank of New York and Eli Lilly & Co. on one side, and ZeekRewards and Best Buy Co. Inc. on the other side.

  • Shopper
    Wal-Mart Pursuing Higher Sales By Expanding Health Care Offerings

    August 23 2012 2:38 PM EDT

    Wal-Mart, the world's largest retailer, is expanding its immunization offerings in the U.S. to help lift domestic revenue to levels it is achieving outside the U.S.

  • Target In Daly City, Calif.
    Target Vs. Wal-Mart: Target Wins on Pricing, Barely, And Probably Not For Long

    August 23 2012 12:20 PM EDT

    After beating market expectations earlier this month with its second-quarter earnings, Target Corporation (NYSE: TGT) has managed to remain competitive against the king of low prices: Wal-Mart Stores Inc. (NYSE: WMT).

  • Shopper
    Back-To-School, Holiday Season Expected To Be Same Or Better

    August 20 2012 1:30 PM EDT

    Unemployment is still well above 8 percent, the cost at the pump is rising and consumers are still wary and cost-conscious, but recent surveys indicate back-to-school buys and the upcoming holiday shopping season will be as good as or better than last year. Still, the theme of the season is cautious optimism.

  • Kids Vitamins: Get Your Refund Here After $2.1 Million Settlement For False Eye, Brain Health Claims

    August 16 2012 3:14 PM EDT

    If you bought kids vitamins featuring Disney and Marvel characters, you're entitled to a refund after the companies peddling the products entered a $2.1 million settlement with the government for making false and unsubstantiated claims.

  • Wal-Mart Hikes Full-Year Profit Outlook After Strong Fiscal 3Q

    August 16 2012 8:32 AM EDT

    Wal-Mart Stores Inc. (NYSE: WMT), the world's largest retailer, said Thursday increased sales from U.S. stores that have been open at least one year plus strong international sales lifted its fiscal third-quarter profit 5.7 percent.

  • Limbaugh
    Limbaugh Boycott Draws Blood: Cumulus Media Cites ‘Drag’ in 2Q Revenue

    August 15 2012 1:29 PM EDT

    Liberal groups that have been boycotting radio broadcaster Rush Limbaugh for months have apparently drawn blood: aside from winning withdrawals of more than 100 advertisers, second-quarter revenue from 10 stations owned by Cumulus Media (Nasdaq: CMLS) declined due to the boycott, CEO Jim Dickey said.