wal-mart

Wal-Mart to expand discounts as retail price war heats up

Wal-Mart Stores Inc said it will expand its offering of discounted products during the holiday season and may broaden a price-matching scheme to include online rivals, in the latest sign of an escalating price war among big U.S. retailers.

Read Full Article

Panasonic to sell Sanyo TV unit in U.S. to Funai Electric -Nikkei

Panasonic Corp plans to sell its Sanyo television unit in the U.S., which supplies sets to Wal-Mart Stores, to Funai Electric as it steps back from unprofitable businesses, the Nihon Keizai newspaper reported.

Read Full Article

Sunny September sales unlikely to brighten retailers' holiday prospects

A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.

Read Full Article

Wal-Mart raises healthcare costs, cuts benefits for some part-timers

Wal-Mart Stores Inc, the biggest U.S. private sector employer, said on Tuesday that its 1.3 million workers would have to pay more for healthcare and it would end benefits for some part-time staff in a move that could prompt other companies to follow suit.

Read Full Article

Dollar General to go hostile with $9.1 billion Family Dollar bid: sources

U.S. retailer Dollar General Corp (DG.N) is preparing to go hostile as soon as this week in its bid to buy rival Family Dollar Stores (FDO.N), taking its $9.1 billion offer directly to shareholders after being spurned twice by its smaller rival, people familiar with the matter said on Tuesday.

Read Full Article

Wal-Mart revenue rises but U.S. same-store sales flat

Wal-Mart Stores Inc reported a 2.8 percent rise in quarterly sales, helped by higher sales at its smaller-format stores, but U.S. same-store sales failed to show growth again.

Read Full Article

Shift in UK grocery retail causes major retailers to downsize

A report by Reuters said the financial crisis had shifted consumer spending habits in the UK from making bulk purchases in superstores to frequent small purchases in nearby small shops, prompting major grocers to change focus of their capital investment to the new consumer trend to attract potential investors.

Read Full Article

Wal-Mart challenges Amazon's dominance in Cyber Monday

Wal-Mart's online business had reduced the minimum amount of shopping orders online for Cyber Monday from USD50 to USD35, which is just about the same figure of minimum number of shopping orders at Amazon.

Read Full Article

What to watch in the day ahead

The world's largest retailer is likely to provide an update on its layaway program's results and on early indications of whether shoppers are taking to its first holiday specials. Wall Street is waiting to see whether Wal-Mart again cuts its fiscal year forecast.

Read Full Article

Wal-Mart said negotiations with Bharti still ongoing

Addressing concerns as to the lack of progress in its bid to open shop in India, Wal-Mart said it is negotiating with Bharti for final details.

Read Full Article

Wal-Mart spearheads loan funding for Bangladeshi factory safety

Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.

Read Full Article

South Africa's Seven Sisters inks deal with Wal-Mart, ends apartheid legacy

Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.

Read Full Article

Wal-Mart considers bid for Li Ka-shing's supermarket biz: sources

Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.

Read Full Article

Employee discrimination suit against Wal-Mart dismissed

An class action suit on employee discrimination filed against Wal-Mart was dismissed by a federal court judge.

Read Full Article

Major US companies urge legislators to fight 'patent trolls'

US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.

Read Full Article
1 2 3 4

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics