Search Results for: Wal-Mart Stores
Wal-Mart’s margins fall on price cuts, spending on e-commerce
August 17th, 2017
CHICAGO (Reuters) – Wal-Mart Stores Inc on Thursday reported lower quarterly margins after it cut prices and invested heavily on expanding its e-commerce operations, and its shares fell nearly 3 percent. Powered by WPeMatico
Judge denies $80 million penalty in Wal-Mart truck drivers lawsuit: AP
January 26th, 2017
A federal judge refused to order Wal-Mart Stores Inc (WMT.N) to pay $80 million in penalties in a lawsuit alleging the retailer failed to pay hundreds of truck drivers in California the minimum compensation for certain tasks, the Associated ...
Apple Eyes Launching Stores In India
January 21st, 2016
Apple AAPL Inc. may finally take note of the world’s second largest telecom market–India. The company, which has for years ignored India and which currently sells its products here via a franchise network, is planning to launch its own stores in the ...
Chase, Wal-Mart Seek to Disrupt Mobile Payments Business in 2016
January 4th, 2016
Banks and retailers move to capture tap-and-pay transactions Apple, Google will see new competition in evolving market American consumers will have more choices in 2016 for how they make purchases with their smartphones as big banks and retailers vie ...
Wal-Mart used questionable accounting, sales practices in China: report
December 11th, 2014
Wal-Mart Stores Inc.’s WMT, -0.69% retail business in China has been made to look better than it is, due to “questionable accounting and unauthorized sales practices,” Bloomberg News said in a report that published Wednesday. Citing internal documents and ...
Wal-Mart and allies in face-off with Apple Pay over mobile payments
October 30th, 2014
Suddenly it’s Apple versus Wal-Mart in the fight for shoppers’ digital wallets. With the development of a new mobile payment system, a group of retailers led by Wal-Mart Stores (WMT.N) is aiming to upend the $4.5 trillion credit card ...
Dollar Tree to acquire Family Dollar Stores
July 29th, 2014
Dollar Tree Inc. (DLTR:US) agreed to buy Family Dollar Stores Inc. (FDO:US) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S. Dollar Tree will ...
Wal-Mart U.S. CEO Bill Simon steps down
July 24th, 2014
Wal-Mart said Thursday that Greg Foran will replace Bill Simon as its U.S. CEO. Simon has been in the role since June 2010 and will leave the company. Wal-mart’s stock was down just under 1% to $76.30 in pre-market ...
Is Wal-Mart Heading to An Organic Empire To Fuel Its Wild Oats Rollout?
April 14th, 2014
Wal-Mart’s bold entry into the booming organic food market sets a lofty goal for the company: offering a wide range of products bearing the coveted USDA certified organic seal at stores across the United States. But experts say that ...
PwC launches Hong Kong legal practice
March 10th, 2017
The Big Four accountancy firm has entered the legal fray making hires from King & Wood Mallesons and O’Melveny & Myers. The move has resulted in the establishment of a new independent Hong Kong firm, Tiang & Co, led ...
