A Monday report by the Financial Times said that Walmart’s chief executive in Japan has resigned suddenly, just over a year after he assumed the position.
A Tuesday report by Bloomberg said that the COO of Wal-Mart’s Asda supermarket unit has quit after just six months in the position.
Best Buy Co. said Tuesday that it will buy back $5 billion of its common stock and raise its quarterly dividend by 7%.
Mobile commerce is expected to reach $31 billion by the end of 2016, according to a new report from Forrester Research.
Borders Group hopes to name a bidder by July 1 and sell itself by the end of that month, according to bankruptcy court filings, the Associated Press reported.
Wal-Mart Stores, announced Monday that the company has completed its investment for a 51% stake in South African-based Massmart Holdings Limited.
Macy’s has entered into a $1.5 billion bank credit agreement that will mature on June 20, 2015.
By Gerald L. Maatman, Jr. and Laura Maechtlen, Seyfarth Shaw LLP
In a ruling that may mean new limits on class-action suits, the Supreme Court on Monday ruled for Wal-Mart Stores in the largest sex-discrimination lawsuit in history as it put the brakes on a massive job discrimination lawsuit against the chain.
Winn-Dixie Stores has filed suit against Dolgencorp, the parent company of Dollar General.