5 Winners and Losers of the Week in Business
It's been an interesting week in the business world, with Netflix blowing away expectations, and Apple agreeing to take on debt to return money to its shareholders.
It's been an interesting week in the business world, with Netflix blowing away expectations, and Apple agreeing to take on debt to return money to its shareholders.
Here's something Walmart's selling that you can't buy anywhere else: Tickets to an advance screening of "Man of Steel," the new Superman movie.
When one thinks of green businesses, names like Whole Foods and Patagonia spring to mind. But there are other big firms whose major environmental efforts may surprise you.
Tesco announces plans to exit the United States, as the British retailer seeks to rebuild after a year in which profit fell for the first time in two decades.
This week in retail crime, a nacho cheese fight breaks out at Auntie Anne's and a guy on PCP steals a bunch of Easter baskets from Walmart.
Retailers report a key revenue figure rose slightly in March, as shoppers held back on spending because of the cold weather across the nation and economic worries.
Family Dollar says quarterly earnings rose by less than three percent, falling shy of Wall Street expectations. And the discount store doesn't see things getting much better.
A post on Reddit shows how a Kentucky Walmart kept stale doughnuts on the shelf past their expiration date by simply slapping new stickers on the box.
Walmart says it is likely that it will incur a loss from bribery probes into its operations in Mexico and other countries.
Walmart is reportedly losing customers because it doesn't have enough employees to keep the shelves stocked. Defecting customers are heading to Target, Costco and other retailers.
Stores across the country are ditching cash registers and having salespeople -- and even shoppers themselves -- ring up sales on smartphones and tablet computers.
With consumers pinching pennies, why are so many people willing to pay just for the right to shop at one chain? Costco, it seems, has found a magic formula.
President Obama has nominated Walmart Foundation president Sylvia Matthews Burwell to be his new director of the Office of Management and Budget. The choice seems unlikely on its face, and a look into the details of her current job directing "targeted giving campaigns" makes it seem even odder.
In 2010, Walmart vowed to double its sales of locally grown produce by 2015, both as an environmental initiative and to support small farmers. But somehow, though Walmart has already passed its goal, small farmers haven't benefited at all.
Walmart's announcement that it will hire 100,000 veterans over the next five years has prompted a wide range of reactions, but no one was more effusive in their praise than Michelle Obama. No surprise: The retail giant has been courting the First Lady with initiatives on her signature issues.













