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News & Updates

November 14, 2008
Wal-Mart earnings climb 10%

By: Arkansas Democrat Gizette

Profit at Wal-Mart Stores Inc. rose 10 percent in the third quarter that ended Oct. 31, but the company reduced its forecast for the fourth quarter, citing the growing strength of the dollar against other currencies that will...


November 6, 2008
Wal-Mart will cut prices every week until Christmas

By: Reuters

Wal-Mart Stores Inc will be introducing new rounds of price cuts every week until Christmas as the world's largest retailer reaches out and appeals to cash-strapped shoppers looking to stretch their holiday budgets. As part of...


November 6, 2008
Big business prepares for a less friendly Washington


By: Miami Herald

After years of playing offense, big business is getting ready for the less familiar role of playing defense following President-elect Barack Obama's victory and legislative gains by other Democrats.

 

Corporate America enjoyed...


October 28, 2008
Wal-Mart US Store Openings To Fall Next Year

By: CNNMoney

Wal-Mart Stores Inc. (WMT) sees fiscal-year capital spending at the low end of its reduced expectations and said such expenditures might not increase next year. The retail giant continues to ratchet back its once-breakneck growth...


October 22, 2008
Wal-Mart acts over Chinese goods


By: BBC News

Wal-Mart has told its Chinese suppliers they will have to adhere to new quality standards and have better knowledge of the practices of their sub-contractors


October 21, 2008
Wal-Mart to Announce Global Responsible Sourcing Initiative at China Summit

By: CSRwire

Event can be viewed live via Web cast at www.walmartstores.com.

Wal-Mart will convene more than 1,000 senior executives of leading global suppliers, Chinese officials and NGOs in Beijing, China to outline a series of...


October 16, 2008
Nike sues Wal-Mart for patent infringement

By: WashingtonPost.com

PORTLAND, Ore. -- Nike Inc. has sued Wal-Mart Stores Inc., alleging the giant retailer is selling shoes that infringe on Nike's patented designs. Nike says in its complaint, filed Monday, that the Wal-Mart shoes too closely...


October 14, 2008
Lexis Nexis - AC
Wal-Mart Foundation To Focus On First-Generation College Students; Retailer's Foundation Gives More Than $4 Million To The Institute For Higher Education Policy

By: PR Newswire

 

BENTONVILLE, Ark., Oct. 14 /PRNewswire-FirstCall/ -- The Wal-Mart Foundation announced today that it is making support for first-generation college students a top priority for its higher education-focused philanthropy. The...


October 13, 2008
Lexis Nexis - AC
Wal-Mart USA CEO To Participate In TOWN HALL Los Angeles' CEO Series

By: Market Wire

 

Eduardo Castro-Wright, President and CEO of Wal-Mart Stores, USA will address TOWN HALL Los Angeles as part of its ongoing CEO series on Tuesday, October 21, 2008 at the Omni Los Angeles Hotel. Angelenos have the opportunity...


October 10, 2008
Lexis Nexis - AC
The Walton Family's Right Wing Corporate Agenda For Wal-Mart; New Wal-Mart Watch Website "Waltoninfluence.com" Premieres Today

By: PR Newswire

 

WASHINGTON, Oct. 10 /PRNewswire-USNewswire/ -- Today Wal-Mart Watch launched a new website -- www.waltoninfluence.com -- which analyzes and tracks the Walton family's and Wal-Mart's growing influence on American...


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