Men, who have endured slightly higher unemployment rates than women, have been taking on more of the household shopping, according to a recent report. The trend hasn't boded well for stores: On average, men spend less than women on each trip.
The mammoth retailer plans to increase the number of its smaller-format stores and trim down the SuperCenters in new markets. The goal: To boost sales, especially among the lower-income households it considers its base.
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.