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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. -
Survey: Majority of New Yorkers would shop at Walmart
New York City -- A new poll released Friday finds that New Yorkers would shop at Walmart if one opened in the city. According to the Quinnipiac University poll, 68% of New Yorkers said that if it were convenient for them, they would shop at Walmart. That is compared with 29% who said they would not.
Nearly identical numbers of people say the chain's lower prices would eat into small business sales.
Of those polled, 57% say they think elected officials should allow Walmart to move into the city, while 36% do not.