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Wal-Mart to open 50 wholesale stores in India in 4-5 years

Last Updated: Tuesday, April 08, 2014, 19:29

Deciding to focus on the cash-and-carry segment in India, retail giant Wal-Mart plans to open 50 wholesale stores in the next four to five years to expand its footprint in the country.

Wal-Mart to let shoppers exchange used videogames

Last Updated: Tuesday, March 18, 2014, 11:45

The trade-in service will accept games for popular consoles like the Sony PlayStation3 and Microsoft Xbox 360, and customers can in return buy anything at Walmart and Sam`s Club, both in stores and online, Wal-Mart said.

Walmart closes store in China

Last Updated: Wednesday, March 05, 2014, 15:26

Walmart China had closed 10 stores nationwide in November and December last year.

Walmart to invest $500 mn to fuel Canada growth

Last Updated: Wednesday, February 05, 2014, 02:07

US retail giant Walmart said Tuesday it would invest Can$500 million (US $450 million) this year into growth in Canada, with the aim of completing 35 supercenter projects by early 2015.

Walmart to incur higher charges on India joint venture split

Last Updated: Sunday, February 02, 2014, 14:28

Various charges, including that related to India joint venture, would also be impacting its quarterly as well as full-year earnings, according to the retailer.

Apple, Walmart join Obama`s pledge on long-term jobless

Last Updated: Friday, January 31, 2014, 05:29

"We know that one of the biggest problems right now in the jobs market is the long-term unemployed," Obama told CNN.

Walmart seeks more clarity on FDI rules for multi-brand entry

Last Updated: Friday, January 24, 2014, 14:37

Eyeing India as a long-term growth market, US-based retail giant Walmart says it is currently focussing on expanding its wholesale retail business in the country and would wait for further clarity on rules for entering the multi-brand retail business.

Global retailer Wal-Mart sets up new company in India

Last Updated: Sunday, January 19, 2014, 17:25

Global retail giant Wal-Mart has registered a new company in India as it prepares to enter the country's lucrative multi-brand retail market with a new partner.

US labour board files complaint on Walmart violations

Last Updated: Thursday, January 16, 2014, 06:14

The US National Labor Relations Board has issued a formal complaint against giant retailer Walmart, saying it violated labour rules by threatening and punishing workers who joined pro-union protests.

US labour board files complaint on Walmart violations

Last Updated: Thursday, January 16, 2014, 04:17

The US National Labor Relations Board has issued a formal complaint against giant retailer Walmart, saying it violated labour rules by threatening and punishing workers who joined pro-union protests.

McDonald's, Walmart among most hated cos in America

Last Updated: Monday, January 13, 2014, 18:20

McDonald's and Walmart are part of the worst companies list as employees and some customers have protested the low wages at these companies - low enough to put workers below the poverty line.

Walmart wants mandatory local sourcing level reduced to 15%

Last Updated: Sunday, January 12, 2014, 13:33

"The company had said that it cannot meet the mandatory 30 percent sourcing norm and can procure only about 20 percent from small units. But it has asked to reduce it to 15 percent," sources said.