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Wal-Mart stores News

09 Aug 2016

Wal-Mart buying Jet.com to lift online sales, battle Amazon

Wal-Mart Stores Inc , vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup.

18 Aug 2015

Wal-Mart earnings miss estimates; company cuts outlook

Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its full-year forecast on Tuesday, citing investments in staffing and weaker margins in its U.S. pharmacy business.

05 Jun 2015

Wal-Mart names son-in-law of Rob Walton as new chairman

The change is effective as of the end of the company`s annual shareholders` meeting today, near the company`s headquarters in Bentonville, Arkansas.

Wal-Mart stores

13 May 2015

Wal-Mart improves lobbying disclosure after shareholder push

Wal-Mart Stores said it will start disclosing directly to investors what it spends on lobbying on a state-by-state basis, responding to shareholder pressure to improve transparency on how the retailing giant seeks to influence public policy.

Wal-Mart stores

13 May 2015

Wal-Mart improves lobbying disclosure after shareholder push

Wal-Mart Stores said it will start disclosing directly to investors what it spends on lobbying on a state-by-state basis, responding to shareholder pressure to improve transparency on how the retailing giant seeks to influence public policy.

19 Feb 2015

Wal-Mart to spend $1 bln to raise US wages this year

Wal-Mart Stores Inc , long criticised for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million US employees this year.

Mobile payment system

30 Oct 2014

Wal-Mart and allies in face-off with Apple Pay over mobile payments

With the development of a new mobile payment system, a group of retailers led by Wal-Mart Stores is aiming to upend the $4.5 trillion credit card market and control the precious transaction data generated at the checkout line.

14 Aug 2014

Wal-Mart profit pressured by flat US same-store sales

Wal-Mart Stores on Thursday posted a slight profit rise for its fiscal second quarter, as the world`s largest retailer struggles with weak US same-store sales.

14 Jun 2014

Wal-Mart to launch e-commerce marketplace in India in July

Wal-Mart Stores Inc will launch its business-to-business e-commerce platform in the Indian cities of Lucknow and Hyderabad in the first week of July, its India boss said on Friday.

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