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Walmart

  • Report: Wal-Mart files unfair U.S. labor practice charge against union

    Bentonville, Ark. -- Wal-Mart Stores Inc. on Thursday filed an unfair labor practice charge against the United Food and Commercial Workers International Union, requesting that the National Labor Relations Board halt alleged unlawful attempts to disrupt Wal-Mart’s business.

    Wal-Mart spokesman David Tovar told Reuters that the retailer cannot allow the UFCW to “continue to intentionally seek to create an environment that could directly and adversely impact our customers and associates. If they do, they will be held accountable,” he said.

  • Leading retailers, CPG companies take on cancer

    Some of the biggest names in the retail and consumer packaged goods industry were recognized by the American Cancer Society with 2012 Excellence in Philanthropy Awards.

  • Wal-Mart foreign bribery investigation expands

    New York -- Wal-Mart Stores reported in a regulatory filing that its investigation into violations of the Foreign Corrupt Practices Act, a federal antibribery law, has extended beyond Mexico to China, India and Brazil.  

  • Walmart counting on a Merry Christmas

    Walmart maintained an optimistic outlook for the holiday season despite 1.5% third quarter comp increase that reflected a modest deceleration in sales momentum seen earlier this year.

  • Walmart Q3 sales miss Street, profit rises year-over-year

    Bentonville, Ark. -- Wal-Mart Stores Inc. reported Thursday net income of $3.64 billion for the quarter ended Oct. 31, up from $3.34 billion in the year-ago period.

    Sales rose 3.4% to $113.20 billion, as U.S. sales beat internal expectations but overall missed Wall Street’s expected $114.96 in revenue.

    Wal-Mart U.S. saw same-store sales rise 1.5%, marking the fifth consecutive quarter of same-store sales growth after nine straight quarterly declines. At Sam’s Club, same-store sales rose 2.7%, excluding fuel.

  • What a mess: Walmart’s incredible expanding corruption investigation

    Walmart had as much to say about an ongoing and expanding investigation into alleged violations of the U.S. Foreign Corrupt Practices Act in its third quarter filing with the Securities and Exchange Commission as it did about its actual financial results.

  • Sean John names Jeffrey Tweedy to top role

    NEW YORK, N.Y. — Sean John Corporate has named Jeff Tweedy as the fashion brand’s new president, effective immediately. Tweedy will report directly to Sean John chairman and founder Sean "Diddy" Combs, and will be responsible for all aspects of the company's operations, including strategic brand development, design and all the Sean John licensing and retail partners.

  • Wal-Mart launches food subscription service called Goodies

    Bentonville, Ark. -- Wal-Mart Stores Inc. announced Wednesday it will officially launch its previously announced food-by-mail subscription service, called Goodies, which allows customers to trial sample-sized foods for a monthly fee.

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