Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will lower the price of several toys in 3,500 stores across the U.S. ahead of a holiday season which is expected to be subdued.
The highest court in Massachusetts has reinstated a lawsuit against Wal-Mart by employees who claim the world's largest retailer pressured them to work off the clock and denied them rest and meal breaks.
Consumers nervous about the weak economy abandoned higher-end clothing store chains for discount retail giants such as Wal-Mart, Costco and BJ's, which reaped back-to-school sales in August.
If you've been watching TV lately, you may have come across Wal-Mart's new back-to-school ad. It features a well-scrubbed teenager wearing the California surf brand Op, as her Everymom exults that the giant retailer satisfied her daughter's fashion cravings without breaking the family bank. On the surface the spot doesn't look radically different from the company's advertising in years past. But its creation, part of Wal-Mart's "Save money. Live better" campaign, is a result of dramatic changes taking place behind the scenes.
Wal-Mart Stores Inc. raised its full-year earnings forecast Thursday after second-quarter profit rose 17 percent, helped by tight inventory controls and a renewed focus on low prices that is attracting financially squeezed shoppers around the world
Retail behemoth Wal-Mart Stores reported a surge in quarterly profit Thursday, topping Wall Street's expectations.
Stocks futures turned lower Thursday as a sharp increase in consumer inflation outweighed a big earnings report by the retail giant Wal-Mart.
The outlook for the back-to-school shopping season seemed grim Thursday, as retailers' July sales reports showed an increasing shift toward buying necessities like food and household supplies at discounters and away from discretionary spending on clothing
Retailers faced tight-fisted consumers in July as $92 billion worth of stimulus checks from the government ran dry, signaling more trouble ahead if the economy doesn't pull out of its morass.
We've reached a dubious health milestone: More than half of insured Americans are now taking at least one "maintenance" drug for a chronic condition, according to a recent health industry report.
Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will lower the price of several toys in 3,500 stores across the U.S. ahead of a holiday season which is expected to be subdued.
The highest court in Massachusetts has reinstated a lawsuit against Wal-Mart by employees who claim the world's largest retailer pressured them to work off the clock and denied them rest and meal breaks.
Consumers nervous about the weak economy abandoned higher-end clothing store chains for discount retail giants such as Wal-Mart, Costco and BJ's, which reaped back-to-school sales in August.
If you've been watching TV lately, you may have come across Wal-Mart's new back-to-school ad. It features a well-scrubbed teenager wearing the California surf brand Op, as her Everymom exults that the giant retailer satisfied her daughter's fashion cravings without breaking the family bank. On the surface the spot doesn't look radically different from the company's advertising in years past. But its creation, part of Wal-Mart's "Save money. Live better" campaign, is a result of dramatic changes taking place behind the scenes.
Wal-Mart Stores Inc. raised its full-year earnings forecast Thursday after second-quarter profit rose 17 percent, helped by tight inventory controls and a renewed focus on low prices that is attracting financially squeezed shoppers around the world
Retail behemoth Wal-Mart Stores reported a surge in quarterly profit Thursday, topping Wall Street's expectations.
Stocks futures turned lower Thursday as a sharp increase in consumer inflation outweighed a big earnings report by the retail giant Wal-Mart.
The outlook for the back-to-school shopping season seemed grim Thursday, as retailers' July sales reports showed an increasing shift toward buying necessities like food and household supplies at discounters and away from discretionary spending on clothing
Retailers faced tight-fisted consumers in July as $92 billion worth of stimulus checks from the government ran dry, signaling more trouble ahead if the economy doesn't pull out of its morass.
We've reached a dubious health milestone: More than half of insured Americans are now taking at least one "maintenance" drug for a chronic condition, according to a recent health industry report.
Wal-Mart used the occasion of its annual shareholder meeting Friday to crow about the achievements of the past year, which are considerable: sales, earnings and free cash flow have all been on the rise - at a time when most retailers are struggling.
The high cost of food and record fuel prices are limiting consumers' budgets, Wal-Mart executives said Friday at the company's annual meeting with shareholders.
The U.S. government's stimulus payments gave a lift to the May sales of discount retailers such as Wal-Mart and Costco, but it left other retailers like Gap and Stein Mart in the cold.
With gas, grain, and dairy prices exploding, you'd think the biggest seller of corn flakes and Cocoa Puffs would be getting hit by rising food costs. But Wal-Mart has temporarily rolled back prices on hundreds of food items by as much as 30% this year. How? By pressuring vendors to take costs out of the supply chain.
I became an inventor while working two jobs and taking night classes in Columbus. Every Monday, to reward my efforts, I'd treat myself to barbecued Buffalo wings - extra-saucy ones - for dinner.
In this tough selling environment, Wal-Mart's business is quite literally going to the dogs. And to a few cats as well.
Wal-Mart Stores edged past forecasts in what it termed a good start to its fiscal year, as it said that tough economic times helped sales at the discount leader.
U.S. stock futures fell Tuesday as investors awaited quarterly earnings from retail giant Wal-Mart.
Consumers gave some of the nation's retailers a little relief in April, but business was helped along by heavy discounting that could hurt first-quarter fiscal sales
Wal-Mart Stores on Thursday reported monthly sales at its stores that topped its own forecast.
In a move designed to attract consumers' rebate money, Wal-Mart Stores said Tuesday it will let shoppers cash their federal stimulus checks for free at its stores and offer additional discounts on groceries.
When Mark Publicover sees his kids bounce against the safety net that wraps around their trampoline, he beams with paternal pride - the device, invented 11 years ago, was his brainchild.
Stocks rallied Thursday, building on the recent market advance, as investors welcomed an upgrade of Intel, lower commodity prices and improved earnings forecasts from Dow stocks Wal-Mart and DuPont.
Wal-Mart Stores on Thursday blamed an early Easter and weather woes for March sales that were at the lower end of its guidance.
Entrepreneur Maria Peevey has gone to the dogs, thanks to Wal-Mart. After the retail giant increased its order of her pet apparel and accessories late last year, annual revenues for Peevey's San Francisco company, SimplyShe, jumped from $6 million in 2006 to $25 million in 2007.
A former Wal-Mart employee who suffered severe brain damage in a traffic accident won't have to pay back the company for the cost of her medical care, Wal-Mart told the family Tuesday.
Debbie Shank breaks down in tears every time she's told that her 18-year-old son, Jeremy, was killed in Iraq.
New Yorker Evelyn Molina used to spend a lot of money eating out, buying her lunch and going out to dinner with friends about three to four times a week.
New worries about problems in mortgage and housing markets and a continued decline in the dollar could hit stocks Thursday as stronger-than-expected sales from retailers weren't enough to cheer investors.
Cash registers at some of America's best-known merchants will also be thermometers in the coming week.
Retail behemoth Wal-Mart reported a rise in quarterly profit Tuesday, but offered a cautious outlook for the coming year amid a struggling U.S. economy.
Stocks rallied Tuesday morning as investors shrugged off more bearish news for the bank sector and instead focused on Wal-Mart's improved earnings and a surge in international markets.
Stocks jumped Tuesday after the holiday break, as Wall Street is spurred by strong quarterly results from retailing giant Wal-Mart.
U.S. stocks were poised for a higher start Tuesday after the holiday break, as investors were buoyed by strong quarterly results from retailing giant Wal-Mart.
Wal-Mart Stores and Toys "R" Us announced new mandatory safety checks Friday for its toy manufacturers following a wave of recalls that hurt the industry this past holiday season.
U.S. retailers reported their slowest monthly sales growth in five years, which would further cement fears that American consumers are buckling under the weight of a slowing economy.
Stocks ended a choppy session higher Thursday, breaking a three-session losing streak, as investors scooped up recently battered shares despite Cisco's lower sales outlook and some weak January retail sales.
Stocks were poised to extend declines Thursday after weak sales from Wal-Mart Stores and disappointing guidance from tech bellwether Cisco Systems sparked a new round of recession worries.
Politicians in Washington deserve praise for quickly cobbling together a stimulus package to try and rejuvenate the foundering economy.
Wal-Mart announced Tuesday that it will chop prices between 10 to 30% this week on groceries, electronics and other home-related products in an effort to keep its cash-strapped consumers excited about shopping.
For years, Wal-Mart tried to enter the U.S. banking business, but it gave up in 2007, pulling its application after endless outcries from domestic retail banks. Now it's found a more receptive audience south of the border. In November, Wal-Mart de México opened its first consumer bank, Banco Wal-Mart, in Toluca; the company plans to launch 80 more by the end of the year.
Let's face it. Tires are usually one of the most un-fun things to buy for a car. Most of us aren't too concerned about the process. We're just trying to buy a set of discount tires that turn out to be better than four pencil erasers.
Retailers reported deep declines in their December sales Thursday, reflecting a 2007 holiday shopping season that is turning out to be one of the weakest in years.
For nearly a decade, Wal-Mart Stores Inc. has been outperformed by Target Corp. when it mattered the most - at holiday shopping time.
Several retailers will sell equipment enabling analog television sets owners to continue to view programming after the 2009 nationwide switch to digital broadcasting
For years, the big American retailers have tended to open new stores the way Paris Hilton goes through boyfriends: rapidly, and with little thought to the consequences.
A generally modest November employment report is due Friday from the Labor Department, and don't be surprised to find weakness in an area where you'd expect strength this time of year: the local shopping mall.
Steep holiday discounts, combined with more Americans trading down on their gift purchases, boosted sales at discounters last month, while a lack of compelling fashion trends pummeled sales at specialty clothing chains.
Are the nation's retailers giving away the store?
Even though the sun was hours away from rising, bargain-hunters at a Wal-Mart store in Union were fully awake and ready to shop.
A judge rejected Wal-Mart's motion to block the public from seeing court documents in its dispute with the state of North Carolina over possible tax evasion, according to a report Wednesday.
The outspoken head of eco-friendly consumer product maker Seventh Generation is changing his tune when it comes to the world's biggest retailer, Fortune has learned.
Here are some things you probably didn't know about Wal-Mart. Last year, the world's biggest retailer:
Stocks rallied Tuesday, with the Dow climbing nearly 320 points, after Wal-Mart's earnings report, comments from Goldman Sachs' CEO and a nearly 4 percent slide in oil prices sparked a broad rally.
Stocks rallied Tuesday, with the Dow climbing more than 270 points, after Wal-Mart's earnings report, comments from Goldman Sachs' CEO and a nearly 4 percent slide in oil prices sparked a broad rally.
Wal-Mart's renewed focus on low prices is helping the retailer standout in what is shaping up to be a tough holiday shopping season.
Stocks rallied Tuesday, as Wal-Mart's earnings report, upbeat comments from Goldman Sachs' CEO and falling oil prices gave investors a reason to return after a tough period that left the Dow below 13,000 for the first time this fall.
Wal-Mart Stores posted better-than-expected third-quarter earnings Tuesday but offered a cautious outlook about the fourth-quarter, which includes the all-important holiday shopping period.
Wal-Mart led a broader stock market rally Tuesday morning, as investors piled back into stocks after a turbulent period that left the Dow Jones industrial average below 13,000 for the first time this fall.
Wal-Mart is focusing its much-anticipated Black Friday deals on plasma and LCD televisions, home computers and DVD players, according to sources at two Web sites that track Black Friday promotions.
U.S. stocks were poised to rebound from another sell-off Tuesday morning as investors awaited quarterly earnings from key retailers Wal-Mart and Home Depot.
It's only the first day of October but Wal-Mart set the ball rolling on holiday price wars Monday by announcing deep discounts on some popular toys for the holiday shopping season.
Warmer weather, combined with ongoing housing market problems and higher gas prices, eroded retail sales for a second consecutive month in October - a trend that raises questions about the strength of this year's holiday shopping season.
Anxious retailers are already clamoring to outdo each other with bigger and better Black Friday-like deals, threatening to make Black Friday itself a non-event this year.
Fired ex-Wal-Mart marketing executive Julie Roehm and Wal-Mart have called a truce and dropped lawsuits against each other.
Forget about waiting for Black Friday. Wal-Mart is trotting out its holiday blockbuster deals this week.
Wal-Mart CEO Lee Scott told analysts Wednesday that he feels "good," "excited," and "optimistic" about the upcoming holiday season.
As Wal-Mart shifts more investment away from its saturated home base, the world's largest retailer expects to open 80 percent of its new international stores in Canada, Mexico and China, Wal-Mart executives said Wednesday.
With its U.S. sales growth expected to slow further over the next three years, Wal-Mart executives told analysts Tuesday that the retailer will open fewer stores at home and instead boost its expansion overseas.
Wal-Mart, clearly annoyed that some Web sites are leaking its much-anticipated Black Friday circular weeks in advance, is threatening legal action if those sites do it again this year.
Wal-Mart, increasingly eager to grab as many early holiday sales as it can, announced a second round of price cuts on 15,000 items on Thursday.
Americans aren't in the mood to spend extravagantly this holiday season.
Some of the year's hottest toys could be sold out weeks before Christmas, industry watchers warned.
You've sold 3.3 million copies of Guitar Hero II, a game in which would-be Claptons try to match the furious fingering of onscreen musicians. So what do you play for an encore? If you're Activision, you strike a profitable new chord by selling songs to players who've grown bored with the tunes that came with the game. In April the company began offering three-song downloads for $6.25 - yup, more than double the price of songs on iTunes - and sold 300,000 in the first three months.
A slew of earnings warnings from retailers Thursday, on top of poor September sales numbers, added credence to concerns that consumers are feeling tapped out and that retailers are headed for a difficult holiday period.
Stocks surged Thursday afternoon, with the Dow and S&P 500 hitting all-time intra-day highs after Wal-Mart's improved earnings forecast tempered some worries about consumer spending.
Stocks rallied Thursday morning, sending the Dow and S&P 500 to fresh intraday records after Wal-Mart stores raised its third-quarter earnings forecast and a report showed the trade deficit narrowed in August.
Last February a federal appeals court panel in San Francisco decided, 2-1, to allow the largest class action employment discrimination case ever convened to go forward against Wal-Mart Stores. The class includes the more than two million women who have worked at any of the company's more than 4,000 retail stores nationwide since Dec. 26, 1998.
Tests conducted on some toys and other children's products sold recently at Wal-Mart, Target and Toys "R" Us stores were found to contain dangerously high levels of lead, consumer interest groups said Thursday.
Wal-Mart announced Thursday that it has extended its year-long $4 generic prescription drugs program to include 24 new prescriptions.
Entrepreneurs obviously aren't a monolithic voting bloc. Their political views are as likely to be influenced by gender, socioeconomic background and ideology as by ownership of a small business. "Their perspectives are shaped by their opinions about all kinds of things, from abortion to the war in Iraq," says Todd McCracken, president of the National Small Business Association (nsba.biz), an advocacy group based in Washington, D.C. For example:
Retailer Wal-Mart Stores Inc. said Monday it will partner with a nonprofit climate group to measure the amount of energy used to create products throughout its supply chain.
The world's biggest companies are making climate change a bigger priority, in part through more widespread disclosure of carbon emissions, an annual report to be released Monday shows.
Over the past decade, luxury has gone from occasional indulgence to daily ritual. Think about how your morning cup of instant coffee has evolved into a $4 custom-made cappuccino. Or that Oscar de la Renta's perfume now sells at Wal-Mart.
Wal-Mart reduced its reported second-quarter profit by $153 million due to expenses from selling its German retail operations, the world's largest retailer reported Monday.
There are certain companies everyone expects to top lists of environmentally friendly firms: Whole Foods, Trader Joe's, Starbucks.
Stocks rose Thursday, recovering a bit after the previous session's big selloff, but gains were limited ahead of Friday's big monthly jobs report.
Wal-Mart reported a much better-than-expected jump in August sales Thursday while last-minute shopping for back-to-school clothes, shoes, and other items also spurred sales at store chains catering to teens.
Stocks were mostly lower Thursday morning, as investors showed some caution after the previous session's brutal selloff, despite upbeat August retail sales and an economic report that showed increased productivity that was not inflationary.
Wal-Mart Stores is considering acquisitions in its home market as it seeks to open smaller stores and limit its reliance on giant supercenters for growth, according to a published report.
Here are some facts from tonight's broadcast that you might find interesting. 287(g), the federal government's program to train local law enforcement agencies to enforce immigration laws: • As of August 21, 2007, 6 agencies in 12 states are participating • 457 Officers have been trained • 22,000 suspected criminal illegal aliens have been arrested Source: U.S. Immigration and Customs Enforcement (ICE) TOY RECALLS More than 80% of toys sold in this country are made in China. Source: Toy Industry Association Release: Wal-Mart Launches Toy Safety Net Program
H&R Block Inc said Wednesday that it had reached an agreement with Wal-Mart Stores Inc under which the tax preparation firm will operate tax preparation offices in certain of the discount retailer's stores.
Tests of two Chinese brands of dog treats sold at Wal-Mart stores found traces of melamine, a chemical agent that led to another massive pet food recall in March, a spokeswoman said Tuesday.
Target said on Tuesday its quarterly profit rose more than 12 percent, boosted by strong sales at stores open at least a year and returns from its credit-card business.
The deepening credit crunch, subprime mortgage meltdown and triple-digit drops in the stock market are making Americans nervous about their financial situation but not enough to significantly curtail their shopping habits yet, a survey said Tuesday.
We've all worked with them - self-proclaimed "smokers" who mysteriously disappear for longer (and more often) than their designated 15-minute breaks.
Wal-Mart Stores Inc.'s Japanese retail unit Seiyu Ltd. said Tuesday it now expects to post its sixth straight annual loss in 2007 on sluggish sales, but dismissed speculation that the results would prompt Wal-Mart to pull out of Japan.
Wal-Mart Stores Inc., the world's largest retailer, reported higher quarterly profit Tuesday, but lowered its expectations for full-year earnings, saying its customers remain under economic pressure.
The stock selloff accelerated Tuesday afternoon on worries about a possible credit crunch and disappointing profit forecasts from Home Depot and Wal-Mart Stores, sending the Dow industrials tumbling 200 points.
Stocks slid Tuesday afternoon as investors weighed revived worries about the mortgage market and a credit crunch, as well as disappointing profit forecasts from Home Depot and Wal-Mart Stores.
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