WALMART

IBTimes Logo

Jesus Appears on Couple’s Wal-Mart Receipt, Answers Prayers

A South Carolina couple found the image of Jesus Christ on their Walmart receipt three days after their purchase. The pair had just returned from Bible study and felt that the image seemed to answer some of the questions they'd just been asked.

Goldman Sachs fights bias lawsuit, cites Wal-Mart

IBTimes Logo
Goldman Sachs Group Inc said a recent landmark decision throwing out a class-action lawsuit against Wal-Mart means it should not face a wide-ranging case accusing it of systematic bias against women.

Wal-Mart to once again share U.S. store data

IBTimes Logo
Wal-Mart Stores Inc will no longer keep a tight lid on its U.S. sales data after agreeing to share information with outside research firms to help it better understand how and why customers make choices.
IBTimes Logo

Wal-Mart to give its U.S. store data to Nielsen

Wal-Mart Stores Inc has agreed to give its U.S. store data to Nielsen Holdings NV , bolstering an industry benchmark that has long lacked insights into sales at the world's largest chain.
More news
IBTimes Logo

U.S.-India seek financial revamp

Talks to modernize India's financial sector and allow major retailers like Wal-Mart into the country's vast consumer market opened on Tuesday between top U.S. and Indian financial officials.
IBTimes Logo

Wal-Mart hikes branded diabetes drug prices-study

Big-box retailers Wal-Mart Stores and Kmart, pioneers in the push to cut consumer prices for generic drugs, have been raising prices for the most popular brand-name diabetes drugs, according to a new study.
IBTimes Logo

Walmart gives $25 million to students; draws criticism

Wal-Mart Stores Inc and its foundation said on Thursday that it had committed $25 million to help provide food, education and jobs for children during school summer break, but opponents of the retailer's urban expansion plans questioned its motives.
Best Buy will reduce the size of its superstores over the next five years.

Best Buy Not Ready for Dead

Best Buy to use cash hordes no longer needed to repurchase $5 billion in stock. The company increases its quarterly dividend 7%. Best Buy will reduce square footage in its big box stores over the next five years.
Plaintiff's case against Wal-Mart thrown out

Wal-Mart Bias Suit Win One for Corporate America

The U.S. Supreme Court ruling places new limits nationwide on class-action suits. Companies facing similar suits to benefit from the ruling include Cigna Corp., Goldman Sachs Inc., Bayer AG, Deere Co., and Costco Wholesale Corp. The case one of the most important for U.S. businesses in a decade.
Women protesters hold signs in front of the Supreme Court

Supreme Court Rules for Wal-Mart In Gender Bias Suit

The Supreme Court today rejected a class action lawsuit alleging systematic discrimination against women in Wal-Mart's hiring and promotion practices, potentially reshaping standards for class action lawsuits.
IBTimes Logo

Target workers at New York store reject union

Workers at a Target Corp discount store in New York voted to reject union representation in what would have been the first unionized Target store in the country, while union officials vowed to press for another election.
IBTimes Logo

Leonard Green, CVC to submit bid for BJ's Wholesale

Private equity firm Leonard Green & Partners said it has teamed up with CVC Capital Partners to submit a proposal to buy BJ's Wholesale Club Inc , the latest in a flurry of deal activity in discount retail.
IBTimes Logo

Walmart U.S. CEO: small stores are winners so far

After hitting a couple of easy layups by opening small stores in its home state, Wal-Mart Stores Inc is ready to take some more difficult shots that will show whether it can win over shoppers from small towns to big cities, a top executive said on Wednesday.
IBTimes Logo

Wal-Mart seeks to reassure investors on growth

Wal-Mart Stores Inc is trying to reassure employees and investors on Friday that the company can reach out to shoppers online, on their phones and in small and large stores to drive growth.
IBTimes Logo

Sam's Club aims for more of members' food buys

Sam's Club is trying to keep prices in check despite rising food costs and adding more fresh produce to get its members to buy more of their food and other everyday items at the warehouse clubs.
IBTimes Logo

Dollar General misses estimates

Dollar General Corp missed Wall Street profit expectations after taking markdowns to clear slow-selling apparel out of its stores, sending shares down about 5 percent.
IBTimes Logo

Two top China Wal-Mart executives quit

Two top executives have quit Wal-Mart Stores Inc's China business, leaving a leadership vacuum in country earmarked as having strategic importance for the U.S. retailer.
IBTimes Logo

Walmart eager on tablets, expands wireless focus

The tough task of selling electronics should ease up a bit as shoppers scoop up tablets and television prices stop plunging, the head of Wal-Mart's U.S. entertainment division said on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.