wmt

Did Obama Buy Trouble Shopping for a Budget Chief at Walmart?

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.

Costco Dodges Economic Bullet

Costco Wholesale Corp.'s (NASDAQ: COST) annual sales run above $100 billion, more than twice J.C. Penney Co Inc.'s (NYSE: JCP) and Macy's Inc.'s...

Walmart Administrative Officer Resigns

Wal-Mart Stores Inc.'s (NYSE: WMT) chief administrative officer has left the retailer suddenly. Tom Mars was general counsel during a period (2002 to...

Walmart Internal Emails: Sales Figures a "Total Disaster"

Internal emails exchanged by Walmart executives discussing recent sales figures paint a grim picture of the situation at the world's largest retailer. Asks one executive: "Where are all the customers? And where's their money?"

Are E-commerce Sales Really So Good?

Research firm comScore reported about 2012 that: For the full year, U.S. retail e-commerce sales reached $186.2 billion, an increase of 15 percent -...

Best Buy Knuckles Under

The management of Best Buy Co. Inc. (NYSE: BBY) finally has come to its senses - at least in part. The retailer will close 15 of its large stores in...