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Saving the best for last
Sam’s Club president and CEO Brian Cornell may have been the last of Walmart’s three divisional presidents to speak on the company’s conference call, but he had the best news to share.
Sam’s produced a 5.7% third-quarter same-store sales increase that was unaided by fuel prices, and Cornell indicated the string of seven consecutive quarters of sequentially increasing comps could be extended in the fourth quarter, with guidance that set 6% as the upper end of the forecast range.
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Court upholds $10 million verdict in Walmart case
New York City -- A truck driver who slipped and fell on ice and grease while he was making a delivery to a Walmart store in northern Colorado can collect a nearly $10 million award after the state Supreme Court upheld a jury verdict in the case on Monday, the Associated Press reported.