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Report: Wal-Mart antitrust hearings in South Africa delayed
Johannesburg, South Africa -- A Tuesday report by Bloomberg said that hearings on a Wal-Mart Stores bid to acquire control of Massmart Holdings Ltd. will be adjourned to May 9, following an earlier announcement on Tuesday that the hearings would proceed this week.
After announcing that it will hear evidence from labor unions and Wal-Mart and Massmart this week and from the government on May 9 and May 10, South Africa’s Competition Tribunal now say the hearing has been adjourned to May 9. -
New Yorkers want Walmart; already got Target
Walmart's efforts to open in New York City were helped last week when a new poll, released Friday, found that New Yorkers would shop at Walmart if one opened in the city. No kidding? Target is already there and New Yorkers love Target, so it stands to reason they will love Walmart too even though the companies offer a slightly different value proposition and Walmart comes with a lot more baggage.