Tagged: wal-mart stores inc.

No Surprise: Higher Pay Helps Attract, Retain Employees

by Mark Friedman 10/24/2016 12:00 am

With higher pay, employers such as Wal-Mart Stores find that they reap a benefit as turnover falls and satisfaction rises.

Arkansas Attorney General Rutledge Seeks Re-Election in 2018

by Andrew DeMillo, The Associated Press 10/17/2016 4:51 pm

Attorney General Leslie Rutledge launches her 2018 re-election bid, joining a growing list of Arkansas elected officials who have begun raising money and organizing their campaigns more than two years ahead of that election.

Pernod Ricard to Bottle Malibu Rum in Fort Smith

by Arkansas Business Staff 10/10/2016 11:39 am

Pernod Ricard USA of New York says it will expand its Fort Smith production facility in order to bottle its Malibu Rum brand sold to Wal-Mart Stores Inc. of Bentonville.

Report: Wal-Mart Rejected Settlement with US Over Alleged Bribery

by Reuters 10/7/2016 11:33 am

Wal-Mart Stores Inc. of Bentonville rebuffed a proposal by U.S. prosecutors to pay at least $600 million to settle a corruption probe into the company's practices in markets including Mexico, India and China, Bloomberg reported.

Wal-Mart Plans to Slow New Store Openings, Invest in Online

by Anne D'Innocenzio, The Associated Press 10/6/2016 6:48 am

Wal-Mart Stores Inc. is planning to slow new store openings as it looks to pour more money into its online efforts, technology and store remodels. The retailer also says it anticipates fiscal 2018 earnings per share being about flat versus its fiscal 2017 adjusted earnings per share.

Sources: Wal-Mart In Talks to Buy Stake in India's Flipkart

by Reuters 9/28/2016 9:31 am

Wal-Mart Stores Inc. is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said.

Solar Power On the Rise in Arkansas

by Kyle Massey 9/26/2016 12:00 am

There’s nothing new under the sun? A quick glance around Arkansas, where solar power projects are popping up all over, shows just the opposite.

Arkansas Trucking Association Looks to College For Help

by Marty Cook 9/26/2016 12:00 am

The Arkansas Trucking Association is trying to do something novel to address the high turnover rate for trucking executives by naming four college students to the association’s 40 Under 40 Council.

Wal-Mart Awards $3.7M in Bonuses to Arkansas Associates

by Arkansas Business Staff 9/23/2016 10:46 am

Wal-Mart announced on Wednesday that it had recently awarded $3.7 million in second-quarter cash bonuses to 21,400 hourly associates in Arkansas.

Wal-Mart Completes $3B-Plus Purchase of Jet.com

by Anne D'Innocenzio, The Associated Press 9/20/2016 7:38 am

Wal-Mart completes its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock, an acquisition aimed at helping the world's largest retailer attract younger and more affluent customers to drive online sales.

Will Jet.com Boost Wal-Mart’s E-commerce?

by Mark Friedman 9/19/2016 12:00 am

Retail watchers have mixed feelings about whether Wal-Mart Stores’ $3.3 billion purchase of Jet.com of Hoboken, New Jersey, will be the spark the Bentonville retailer needs to boost its online sales.

Walmart Canada to Extend Visa Ban to More Stores

by Ismail Shakil and Ethan Lou, Reuters 9/15/2016 7:22 am

Walmart Canada will stop accepting Visa Inc. cards at its 16 stores in the province of Manitoba starting on Oct. 24, a spokesman said on Wednesday, raising the stakes in a high-profile fee dispute.

Kroger Cuts Sales Forecast on Falling Prices

by Associated Press 9/9/2016 11:34 am

Kroger reported weaker-than-expected revenue Friday and said it was hurt by falling prices for eggs, meats and other products, forcing it to lower its sales forecast for the year.

Wal-Mart's McMillon Tops Compensation List of 100 Arkansas Public Company Execs

by Gwen Moritz 8/29/2016 12:00 am

C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state.

Wal-Mart Takes Texas to Court to Crack Liquor-Sales Market

by Associated Press 8/28/2016 10:20 am

Wal-Mart's court fight to sell liquor at its stores in Texas looks to be back on track, but the courtroom is getting crowded. A federal appeals court is allowing a trade group representing liquor store operators to join a stalled federal lawsuit Wal-Mart filed against the Texas agency that hands out permits to sell booze by the bottle.

Wal-Mart Raises Annual Profit; Tops Street 2Q Forecasts

by Anne D'Innocenzio, The Associated Press 8/18/2016 6:51 am

Wal-Mart raised its earnings outlook for the year and delivered strong profit and sales in the second quarter after the world's largest retailer revamped its stores, improved the shopping experience, and won back customers. "Our strategy in the U.S. is working," said CEO Doug McMillon.

Arkansas Employers Help With Retirement Advice, Tools

by Marty Cook 8/15/2016 12:00 am

David George doesn’t apologize for using scare tactics when he gives seminars at part of the Investor Education Program for the Arkansas Securities Department.

Wal-Mart, Hostess Collaboration Delivers 'Deep Fried Twinkies'

by Anne D'Innocenzio, The Associated Press 8/12/2016 7:35 am

The deep-fried Twinkie is jumping from the state fair to the home freezer thanks to a yearlong collaboration between Hostess and Wal-Mart, as both companies look to spark food sales with innovative products.

Aiming to Jolt Online Business, Wal-Mart Buys Retailer Jet.com for $3B

by Anne D'Innocenzio, The Associated Press 8/8/2016 7:50 am

Wal-Mart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon. The deal marks a major move for Wal-Mart, which is realizing that it needs to compete more aggressively in the online world.

Michelle Gloeckler Leaves Wal-Mart to Join to Academy Sports

by Arkansas Business Staff 8/4/2016 12:13 pm

Michelle Gloeckler is leaving Wal-Mart Stores Inc. of Bentonville at the end of August to become chief merchandising officer of Academy Sports + Outdoors of Katy, Texas.


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