Tags: Wal-mart

Sunny September sales unlikely to brighten retailers' holiday prospects

A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.


Wal-Mart raises healthcare costs, cuts benefits for some part-timers

Wal-Mart Stores Inc, the biggest U.S. private sector employer, said on Tuesday that its 1.3 million workers would have to pay more for healthcare and it would end benefits for some part-time staff in a move that could prompt other companies to follow suit.

Dollar General to go hostile with $9.1 billion Family Dollar bid: sources

U.S. retailer Dollar General Corp (DG.N) is preparing to go hostile as soon as this week in its bid to buy rival Family Dollar Stores (FDO.N), taking its $9.1 billion offer directly to shareholders after being spurned twice by its smaller rival, people familiar with the matter said on Tuesday.

'30 Rock' star Tracy Morgan fights New Jersey car crash injuries, lawyer says as footage from wreck released

Attorney Benedict Morrell, who was interviewed by "TODAY" on NBC, said his client is "still struggling" from the evidently serious injuries he received from the crash, which include a broken leg, nose and several ribs, the Huffington Pos reported. The attorney said, "He's still struggling, but he's a fighter. He's had issues before that he's fought through, and he's fighting hard."


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Wal-Mart's online business had reduced the minimum amount of shopping orders online for Cyber Monday from USD50 to USD35, which is just about the same figure of minimum number of shopping orders at Amazon.
The world's largest retailer is likely to provide an update on its layaway program's results and on early indications of whether shoppers are taking to its first holiday specials. Wall Street is waiting to see whether Wal-Mart again cuts its fiscal year forecast.
Addressing concerns as to the lack of progress in its bid to open shop in India, Wal-Mart said it is negotiating with Bharti for final details.
Wal-Mart, together with other North American companies, banded together to create the Alliance for Bangladesh Worker Safety.
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.
An class action suit on employee discrimination filed against Wal-Mart was dismissed by a federal court judge.
US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.
After an eight-month long hiatus, Twinkies were available again for consumers. After being absent in shelves for almost eight months, Twinkies made a comeback.
Wal-Mart’s expansion to India was stalled after stating that the company needs around 12 to 18 months before it can open its first retail outlet in the country.
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