-
Wal-Mart annual report points to sustainability progress
Bentonville, Ark. -- Global responsibility and sustainability continue to be priorities for Wal-Mart Stores Inc. The company filed its proxy statement ahead of its June 5 annual shareholders meeting, and also issued its annual report, and the 2015 Global Responsibility Report and Global Compliance Program Report.
The Global Responsibility Report outlined social and environmental work over the past year. Accomplishments, according to the company, include:
-
Amazon.com product sales slow, but not services
Amazon.com’s sales growth in the first quarter continued to outpace the overall e-commerce growth rate, especially Web services, but expenses related to interest and currency exchange caused the online leader to report a $57 million net loss.
Total sales for the quarter ended March 31 increased 15% to $22.72 billion but a strengthening of the U.S. Dollar caused a $1.3 billion currency exchange headwind. On a constant currency basis, which is how global retailers like to analyze their business, sales increased 22%.

