Wal Mart Stores News
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Wall Street investors backed off of Wal-Mart Stores Inc. on Tuesday, April 15, following a downgrade by Chicago-based William Blair.
General Motors Company -- which is down 20.4% year-to-date to trade at $32.55 -- may receive more bearish brokerage notes in the near term, as well, which could negatively impact the shares.
A moist towelette first created for Kentucky Fried Chicken in 1957 and produced in Arkansas has found its way to Walmart shelves in more than 3,400 stores, according to Lindsey Drain, marketing manager for Nice-Pak Products in Bentonville.
Tesco Plc's chief executive, Philip Clarke, who is struggling to turn around Britain's biggest retailer, is facing calls to step down from a top shareholder, the Financial Times reported on Tuesday.
Annual figures compiled by the AFL-CIO show chief executives of big U.S. companies made many times more than average workers last year, a gap union leaders will use to challenge wages and pressure Congress to boost the federal minimum wage to $10.10 an hour.
In early trading on Tuesday, shares of Coca-Cola topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.8%.
Family Dollar is struggling. According to Fierce Retail and Reuters , the retailer announced on Thursday that, in order to offset declining sales and profit, it will start cutting jobs and closing 370 underperforming stores, hoping that those cuts will lower Family Dollar's annual operating expenses by between $40 million and $45 million, beginning ... (more)
If it weren't for gas-price deflation and foreign exchange rate fluctuations, the company's foreign comparable-store sales would have expanded 7%.
What a difference 24 hours makes for Wal-Mart . The Bentonville behemoth and Dow darling jumped 1.15% on Monday, boosted by the biggest increase in retail sales since September 2012.
India 's Bharti Enterprises Pvt., which six months ago ended a tie-up with Wal-Mart Stores Inc., is in talks with France 's Carrefour SA and Japan 's Aeon Co Ltd. for two separate joint ventures, according to one person familiar with the discussions.
American retailers warmed up in March as the winter chill faded -- and it wasn't just car dealers who benefited.
During her brief but lucrative stint as president of Wal-Mart's charitable foundation in 2012, Sylvia Matthews Burwell received at least $750,000 in bonuses from an organization that doles out hundreds of millions of dollars in contributions but keeps a tight lid on its own compensation practices, records show.
Technology and innovation are finally starting to flow into the food industry. So far in 2014, almost $1 billion has been invested, including IPO's, in food-tech companies.
Levi Strauss & Co. today announced that Marc Rosen will join the company as executive vice president and president of global e-commerce, effective May 5, 2014.
Exxon is the world's largest integrated oil and gas company. The company has a market cap of $418 billion, and has had 5 years of profits higher than any other corporation in history.