Content about Criticism of Wal-Mart

June 11, 2012

A report by Reuters said that New York City's pension funds have filed a derivative lawsuit against Wal-Mart Stores Inc. based on reported allegations of bribery in Mexico and a possible cover-up by Wal-Mart officials.

May 17, 2012

Wal-Mart Stores Inc. reported a better-than-expected 9.2% increase in first-quarter profit on increased sales in the United States and a strong performance abroad.

May 4, 2012

The California State Teachers' Retirement System (CalSTSR), the second largest U.S. public pension fund, has filed a lawsuit against current and former Wal-Mart Stores’ executives and board members over mishandling of allegations that officials knew about a bribery campaign in Mexico and covered it up.

May 1, 2012

The U.S. Department of Labor’s Wage and Hour Division has ordered Wal-Mart Stores Inc. to pay more than $4.8 million in back wages and damages to some 4,500 employees nationwide.

April 23, 2012

Two U.S. lawmakers are launching an investigation into allegations of bribery at Wal-Mart Stores’ Mexican affiliate.

April 17, 2012

A report by the Associated Press said that Wal-Mart Stores Inc., CEO Mike Duke was compensated with an $18.1 million pay package in 2011, down 3% from the prior year.

March 29, 2012

Wal-Mart Stores Inc. said it will reduce prices on groceries by $1 billion in 2012, in hopes to draw customers in and encourage them to cross-shop in other areas of the store.

January 25, 2012

Wal-Mart Stores Inc. opened its second supercenter and fifth location overall in Chicago.

January 20, 2012

Wal-Mart Stores announced a series of management changes that include an unexpected change in leadership at Sam’s Club, and a new chief information officer.

December 9, 2011

A Friday report by Reuters said that Wal-Mart Stores Inc. disclosed an agreement Thursday to sell more than 70 million shares by a firm controlled by members of the founding Walton family.

November 15, 2011

Wal-Mart Stores Inc. posted the first quarterly revenue gain in its U.S. namesake business in more than two years, but the discounter's profit was down 2.9%.

October 27, 2011

Four months after the Supreme Court tossed out a huge class-action lawsuit by female Walmart employees who claimed they were discriminated against by the world’s largest retailer, a smaller, regionalized group of employees has regrouped to file another gender-bias claim against Wal-Mart Stores.

October 21, 2011

Wal-Mart Stores is cutting back healthcare coverage for new part-time workers and significantly raising premiums for many new full-time associates, the New York Times reported.

October 20, 2011

A Thursday report by Bloomberg said that South Africa’s Competition Appeal Court began hearing a government lawsuit filed to compel regulators to review a decision allowing Wal-Mart Stores to acquire 51% interest in Massmart Holdings Ltd.

October 17, 2011

New York City -- Wal-Mart Stores announced Monday that the president of its China unit is stepping down. A company spokesman said the resignation was unrelated to a Chinese government food safety case against several Wal-Mart stores.

Ed Chan, CEO of Wal-Mart China, left for personal reasons, the company said. Scott Price, president of Walmart Asia, will fill the position in the interim.

September 14, 2011

Wal-Mart Stores unveiled a multibillion-dollar women¹s initiative whereby it double the money it spends with women-owned businesses, train women around the world and push major suppliers to use more women and minorities on work they do for the retailer.

August 16, 2011

Wal-Mart Stores reported Tuesday that profit for the quarter ended July 31 rose to $3.8 billion, up from $3.6 billion in the year-ago period.

July 25, 2011

Wal-Mart Stores said Friday it agreed that women planning potential gender-bias suits, after a group lawsuit was rejected by the Supreme Court, should get an extra 90 days to file their cases.

July 5, 2011

According to multiple reports on Monday, India’s largest retailer has hired two former executives of Wal-Mart Stores’ China operations as its two top executives.

June 20, 2011

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.

June 13, 2011

A Superior Court in Pennsylvania on Friday upheld a $187.6 million class action award against Wal-Mart Stores on allegations that its Pennsylvania employees were not properly compensated for off-the-clock work and missed rest breaks.

June 3, 2011

Wal-Mart Stores on Friday kicked off its annual shareholders meeting by announcing a $15 billion stock buyback that will replace a previous $15 billion repurchase plan begun a year ago.

May 31, 2011

Wal-Mart Stores said Friday it has replaced two of its top executives in China who resigned earlier this month.

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