Inc.
| 10:00PM 3/03/2011
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Walmart on Thursday raised its annual dividend 21% to $1.46 after reporting a 27% increase in net income for the fourth quarter last month. But after missing its own revenue projection, will the retail giant be able to turn its U.S. business around this year?
| 9:30AM 1/25/2011
The Grammys are just a few weeks away. Chances are you've come across snippets of songs from the five nominees for album of the year. (Seriously, if you haven't heard "Bad Romance" or "California Gurls," you've been in a coma). But have you intimately listened to each of the albums -- Arcade Fire's...
| 4:10PM 12/15/2010
Walmart Stores increased prices of thousands of toys at each store this month, as the world's largest retailer looks to turn around its trend of negative same-store sales by spurring holiday-season revenue, Bloomberg News reported.
| 3:00AM 11/11/2010
In a move targeted at online retail giant Amazon.com, Walmart.com on Thursday announced it's offering free shipping on nearly 60,000 gift items -- including popular toys and electronics -- through Dec. 20. Could the move start a free-shipping war?
| 1:45PM 10/09/2010
Hulu is considering raising up to $300 million in an IPO next year to add more shows to its subscription service, Reuters reported Friday. Will that be enough capital to keep Hulu competitive with Netflix, as well as services from companies such as Apple, Amazon and Wal-Mart?
| 8:39AM 9/30/2010
Wal-Mart Stores Inc (WMT) will increase its workforce by 36% in the next five years to take advantage of growing international demand.
The new hires will take the company's headcount to 3 million, from 2.2 million now, Susan Chambers, executive vice president for human resources, said at a...
| 6:51AM 9/27/2010
Wal-Mart Stores (WMT) is planning a $4.6 billion offer for South African retailer Massmart.
The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That's 9.8% higher than the company's last closing price.
"We are continuing to deploy our strategy to accelerate growth...
| 7:15PM 9/24/2010
Target Corp. will open its first smaller, "urban" store in Seattle in 2012, marking attempts by the second-largest U.S. discount store chain to boost business by expanding beyond its largely suburban customer base.
| 6:33AM 9/20/2010
Wal-Mart (WMT) is planning to enter the market for local convenience stores in large cities, The Financial Times reported.
Wal-Mart, the largest U.S. retailer, is looking at property for smaller-format stores in urban areas including San Francisco and Detroit.
"They've been looking at sites...
| 12:00PM 8/25/2010
So many people these days are reluctant to shop national discount stores. But if you're not interested in shopping at Walmart (policy issues) or Target (recent boycott), what's left? And will it cost more money?
The good news is you can get your goods elsewhere, but it will cost you more in time,...