Wal-Mart Stores Inc sharpened its focus on low prices and said it expects to get out of its U.S. sales slump later this year, sending shares higher on Tuesday.
Wal-Mart Stores Inc said on Tuesday that sales at its U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to bring bargain hunters back to its stores.
Sales at Wal-Mart Stores Inc's U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to lure back bargain hunters.
Wal-Mart's big box retailing strategy has peaked as consumer shopping habits are changing.
Wal-Mart posted higher profits, but the company is dealing with a protracted slump in U.S. same-store sales, as shopping habits shift.
Turning around a prolonged U.S. sales slump is key to Wal-Mart Stores Inc's success, and Tuesday's results will show if the retailer's strategies to mend its biggest business have really started to pay off.
Wal-Mart Stores Inc is shaking up its e-commerce structure, putting the people who run stores in developed markets such as the United States in charge of the websites in those countries, according to an internal memo obtained by Reuters on Friday.
Wal-Mart Stores Inc is shaking up its e-commerce structure, putting the people who run stores in developed markets such as the United States in charge of the websites in those countries, according to an internal memo obtained by Reuters on Friday.
Wal-Mart has joined Amazon in skirting Apple's revenue sharing rules by offering Vudu for the iPad on the browser, rather than an app.
Wal-Mart Stores Inc's Vudu video-streaming service launches on Apple Inc's iPad on Wednesday, but it doesn't come with the type of app that's common on the best-selling tablet computer.
Wal-Mart Stores Inc said on Monday that its check and card cashing service would accept more types of checks and take more forms of identification from shoppers in a move aimed at getting them to spend more at the discount chain's stores.
South Africa said it would push Wal-Mart to rejig the conditions of its $2.4 billion Massmart deal, as Pretoria looks to wring bigger concessions from the world's top retailer.
Retailers are poised to report higher sales for July, a discount-driven month that may do little to lift their margins.
Technology giant Apple Inc currently has $76 billion in cash while United States Treasury's cash balance fell to $74 billion this week.
A global labor federation plans to bring African unions together to battle the expansion of U.S. retailer Wal-Mart on the continent, a senior group member said on Wednesday.
Wal-Mart Stores Inc (WMT.N) is opening its first small store in Chicago on Wednesday as it tests a format it hopes will allow it to penetrate urban markets that have resisted its huge stores.
Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.
Wal-Mart Stores Inc is opening its first small store in Chicago this week in the first true test of a store format the world's largest retailer hopes will let it penetrate urban markets that it so far has had trouble cracking.
Walmart customers will now be able to not just buy physical discs from Walmart.com but stream movies and TV episodes as well.
Wal-Mart is moving Vudu to the company's main Web site, in a bid to directly take on Netflix and other video providers.
Wal-Mart is moving its streaming video service Vudu to its main Web site, in a move to challenge Netflix.
Wal-Mart Stores Inc is moving its Vudu video streaming and rental service to a place where it can get attract more eyeballs -- the Walmart.com web site -- as the growing service competes for attention with a variety of video services.
