wal-mart stores
| 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?
| 6:44AM 10/28/2010
Walmart Stores (WMT) may change its plans to buy South African retailer Massmart, choosing instead to take a majority stake in the company.
This would allow Massmart to maintain its listing on the Johannesburg Stock Exchange, The Wall Street Journal reported.
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| 8:04AM 10/26/2010
Wal-Mart Stores (WMT) CEO Michael Duke said he is "optimistic" that foreign companies will be allowed to invest in the Indian retail sector.
Wal-Mart is hoping that India's government will loosen restrictions on foreign investment after the trade ministry invited views from the industry,...
| 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?
| 1:30AM 10/09/2010
Wal-Mart Stores, the world's largest retailer, is ending its 39-year-old policy of automatic profit sharing for employees. It's replacing the bonuses with retirement benefits which could increase employees' total compensation, but employees are only eligible if they pay into their plans.
| 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,...