Inc.

At Walmart This Holiday Season: Higher Toy Prices

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.

Walmart Takes Aim at Amazon with Free Shipping Offer

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.

Wal-Mart to Increase Workforce by 36% in Five Years

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%u2019s headcount to 3 million, from 2.2 million now, Susan Chambers, executive vice president for human resources, said at a conference in India.

Wal-Mart Plans $4.6 Billion Move for South Africa's Massmart

Wal-Mart Stores (WMT) is planning a $4.6 billion offer of about $4.6 billion for South African retailer Massmart. The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That%u2019s 9.8% higher than the company%u2019s last closing price.

Wal-Mart Planning to Enter Convenience Store Market

Wal-Mart (WMT) is planning to enter the market for local convenience stores in large cities, The Financial Times reported. Wal-Mart, America%u2019s largest retailer, is looking at property for smaller-format stores in urban areas including San Francisco and Detroit.

Sam's Club Testing Small-Business Loan Program

Sam's Club and Superior Financial Group are testing an online program to offer loans of $5,000 to $25,000 to qualified members, Sam's Club said in a statement. Sam%u2019s Club and Superior Financial Group are testing an online program to offer loans of $5,000 to $25,000 to qualified members, Sam%u2019s Club said in a statement.

Wal-Mart winning over Chicago

Wal-Mart winning over ChicagoWal-Mart's battle to breach big cities is actually beginning to bear fruit. The behemoth's years-long attempt to open stores in Chicago is finally...

Don't Forget the 'Health' in Health Care Reform

It's assumed that expanding health coverage is the same thing as improving Americans' health. Not true. If Congress were serious about improving health, then some of the $1 trillion for health reform could go toward fitness programs including rebates for being fit.

Wal-Mart to Pay $40 Million to Settle Labor Suit

Wal-Mart agreed to pay $40 million to settle a lawsuit filed in Massachusetts that alleged the big-box retailer cheated 87,500 current and former employees in the state out of pay and failed to obey work rules. The class-action suit, filed in 2001, accused Wal-Mart of altering time cards, refusing to pay overtime, and denying workers rest and meal breaks.

The new Ted Turner misses the old

Sir Isaac Newton could see as far as he did, he said, because he stood on the shoulders of giants. Ted Turner, it seems, has footprints on either...