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Walmart

  • Wal-Mart centralizes compliance and legal issues

    New York -- Wal-Mart Stores said on Wednesday that various staff groups involved in compliance and legal issues will soon all report to its general counsel, Reuters reported. The move comes as the retailer works on coordinating efforts after an alleged foreign bribery scandal.

    In a memo sent by CEO Mike Duke, the retailer said that starting on Dec. 1, its compliance, ethics, investigations and legal units will become one organization under executive VP, general counsel and corporate secretary Jeff Gearhart.

  • Waynesville Commons opens doors

    Waynesville, N.C. -- Chattanooga, Tenn.-based CBL & Associates Properties announced the opening of its newest community center development, Waynesville Commons, a 127,500-sq.-ft. community center in Waynesville, N.C.  

    Joining the existing Walmart, the 100% leased center is anchored by an 85,000-sq.-ft. Belk, Michaels and PetSmart, along with 11,000 sq. ft. of specialty stores including US Cellular and Rack Room Shoes.

  • Wal-Mart hit by lawsuit over temp agency overtime hours

    New York -- Wal-Mart Stores Inc. is being hit by yet another lawsuit, as a proposed class action was filed Monday alleging that the world’s largest retailer and its staffing agencies broke federal minimum wage and overtime laws. The suit, filed in the U.S. District Court of Illinois' Eastern Division claims that Wal-Mart and its staffing firms Labor Ready and QPS required temp workers in the Chicago area to arrive early for work, stay late, and work through lunches and breaks without pay.

  • Walmart Supercenter opens after eight years in the making

    Baltimore, Md. -- New York City-based Brixmor Property Group said Walmart Supercenter at Liberty Plaza, in Randallstown (Baltimore), Md., grand-opened on Oct. 17 in 160,908 sq. ft.

    Brixmor said that discussions with Walmart for the development of this supercenter began as early as 2004, as redevelopment efforts paved the way for the retailer.

  • Forget like, Walmart loves Facebook

    Facebook investors are still a disgruntled lot, but Walmart couldn’t be happier with its experience with the social network.

  • Walmart likes Facebook — and vice versa

    New York — Some Facebook investors may be feeling a bit disgruntled, but Walmart couldn’t be happier with its experience with the social network.

  • New top cop working Walmart international beat

    Walmart this week named Daniel Trujillo to the newly created position of SVP and chief compliance officer for its international division, according to a Wall Street Journal report based on an internal company memo.

    The appointment comes amid a lengthy, ongoing and costly federal investigation into allegations of bribery at Walmart’s Mexican susbsidiary. Trujillo, 42, is currently deputy general counsel and director of compliance at the oil field services company Schlumberger.

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