Content about Wal-Mart Stores

June 16, 2014

Wal-Mart Stores In. has reportedly opened an e-commerce site to serve the small retailers that shop at its members-only cash-and-carry stores in India.

June 10, 2014

In the wake of an accident involving a truck driver for Wal-Mart Stores on the New Jersey Turnpike on Saturday, June 7 that left comedian Tracy Morgan critically injured and killed one of Morgan’s associates, comedian James McNair, Wal-Mart Stores has released a fact sheet about its trucking safety guidelines, as well an official statement regarding the crash.

June 9, 2014

Wal-Mart Stores found itself at the center of two national news stories this past weekend, both of which involved fatalities.

June 6, 2014

Wal-Mart Stores president and CEO Doug McMillon told shareholders at the company’s annual meeting on Friday that the company would accelerate the pace of change going forward. Presiding over over his first shareholders’ meeting since being named chief executive, McMillon put a big emphasis on technology, saying that the chain needs to be “at the forefront of innovation and technology.”

June 6, 2014

Wal-Mart Stores named Greg Penner, 44, to the new role of vice chairman, a move that positions him to be a successor to chairman Rob Walton. Penner, 44, is Walton’s son-in-law and has served on the board since 2008. The appointment was announced Friday morning at the company's shareholders' meeting.

May 30, 2014

Wal-Mart Stores announced the promotion of Shelley Broader, currently president and CEO of Walmart Canada, to executive VP, president and CEO of Walmart EMEA, effective June 1.

May 28, 2014

Doug McMillon, CEO of Wal-Mart Stores, said the company plans to ramp up the company's pace of partnerships and acquisitions as part of a broader strategy to better compete with digital rivals, Bloomberg reported.

May 15, 2014

Wal-Mart Stores posted disappointing results for its first quarter, with earnings down 5% as harsh winter weather kept shoppers away.

May 1, 2014

There is no substitute for a strong brand — whatever the sales channel. That’s the basic underlying premise of Interbrand’s annual “Best Retail Brands” report, which ranks the top 50 North American and international retailers by brand value. It’s a premise worth keeping in mind amid all the online versus offline talk. As Interbrand global CEO Jez Frampton puts it: “In the end, it is the brand, not the footprint, that will endure.”

March 27, 2014

Wal-Mart Stores is testing a new convenience-store concept called “Walmart To Go,” with the initial location in the chain’s hometown of Bentonville, Ark.

March 26, 2014

Wal-Mart Stores spent $439 million during the past two years to investigate the possible payment of foreign bribes, Bloomberg reported, making it ranks as one of the most expensive probes in U.S. history.

January 28, 2014

Major U.S. retailers including Wal-Mart Stores and Kroger reportedly already have hardware to read PIN-and-chip payment cards, which are more resilient against data breaches than the magnetic stripe payment cards commonly used by American consumers.

January 27, 2014

Wal-Mart Stores is eliminating the positions of about 2,300 Sam’s Club employees.

January 23, 2014

Wal-Mart Stores announced that it has created a $10 million fund to support manufacturing in the United States.

January 20, 2014

Wal-Mart Stores has reportedly registered a new company called “Wal-Mart India Private Ltd.” in India, setting the stage for entering the Indian grocery market with a new local partner.

January 15, 2014

The U.S. National Labor Relations Board has filed a formal complaint charging that Wal-Mart Stores violated labor laws in 14 states by taking action against striking and protesting workers.

December 13, 2013

Wal-Mart Stores has named a new president and CEO of its Indian operations.

December 10, 2013

Wal-Mart Stores named David Cheesewright, 51, as the new president and CEO of Walmart International.

November 25, 2013

Wal-Mart Stores said Mike Duke will retire as president and CEO, effective Feb. 1, 2014, and will be replaced by veteran company executive Doug McMillon.

November 18, 2013

Wal-Mart Stores has reportedly tested more than 200 factories with which it does business in Bangladesh and found safety issues at 32 of them.

November 14, 2013

Wal-Mart Stores posted a 2.8% increase in its third-quarter profit.

October 24, 2013

Wal-Mart Stores plans to open as many as 110 stores in China between 2014 and 2016, as well as several new Sam’s Club locations there.

October 17, 2013

Wal-Mart Stores will reportedly close 20 underperforming stores in China next year as part of an overhaul of its Chinese operations.

October 15, 2013

A computer glitch reportedly eliminated limits on the debit card limits of food stamp recipients in some Wal-Mart stores in northern Louisiana on Oct. 12.

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