WALMART

IBTimes Logo

Wal-Mart CEO pay pack down a year after stock award

Wal-Mart Stores Inc CEO Michael Duke received a compensation package worth a bit more than $19 million in the fiscal year ended in January, down sharply from $28.2 million a year earlier when he received a big stock award related to his promotion to CEO.
IBTimes Logo

Best Buy sees strong year as tech shoppers return

Best Buy beat Wall Street's view for profit and sales in its holiday quarter and forecast stronger-than-expected earnings in the current year as demand for electronics resurged in an improving economy.
More news
IBTimes Logo

Time for next stage of sustainable business

Corporate America needs to track its use of energy and resources as closely as it does its hiring and cash flow if it wants to keep pace with social concern about climate change and other sustainability issues, an activist U.S. investor group argues in a new report.
IBTimes Logo

Bumpy ride for corporate giving amid recession

Giving by U.S. companies endured the worst recession in decades with mixed results as some pared back philanthropy in the face of tough times, others increased budgets and most predicted a steady 2010.
IBTimes Logo

Wal-Mart increases annual dividend

Wal-Mart Stores Inc on Thursday said it raised its annual dividend by 11 percent, citing its strong underlying operations and free cash flow.
IBTimes Logo

Costco, BJ's miss profit estimates, Big Lots beats

A revival of consumer cost concerns did not boost results enough for the biggest U.S. warehouse clubs, as margin constraints weighed on Costco Wholesale Corp , while BJ's Wholesale Club Inc faced pricing pressure from rival supermarket chains.
IBTimes Logo

Weak Walgreen sales may prompt analyst reviews

Top U.S. drugstore chain Walgreen Co is expected to post a third month of weak sales when it issues February data on Wednesday, which could put pressure on its shares and lead some analysts to review their profit expectations.
IBTimes Logo

Snow may have slowed retail sales

Record snow along the U.S. East Coast and other regions likely muted retail sales in February, limiting increases in what was expected to be an easy month for retailers to show big gains over last year.
IBTimes Logo

Target profit rises in holiday quarter

Target Corp posted a quarterly profit slightly above Wall Street expectations, but investors had hoped for a bigger improvement and shares fell 1 percent.
IBTimes Logo

Wal-Mart buys Vudu in move into Web movies

Wal-Mart Stores Inc will buy the fledgling Vudu online movie on-demand service, in a deal expected to close within weeks and pit the world's largest retailer against the likes of Netflix Inc.
IBTimes Logo

Wal-Mart agrees to buy movie service Vudu: report

Wal-Mart Stores Inc will buy the Vudu movie service in a deal that puts the world's largest retailer in competition for online delivery of films with the likes of Netflix Inc, the New York Times reported on Monday.
IBTimes Logo

Wal-Mart holiday sales dip

Wal-Mart Stores Inc posted a drop in holiday sales at U.S. stores and gave a disappointing profit outlook, casting doubt on its ability to keep shoppers won in the recession.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.