Tagged: wal-mart stores inc.

Report: David Tovar Resigned From Wal-Mart Over Resume Falsehood

by Lee Hogan 9/16/2014 8:30 am

In an email to media Friday, David Tovar, vice president of communications for Wal-Mart Stores Inc. of Bentonville, announced he will be leaving the retail giant Sept. 30.

Mobile-Payment Battle Brews Between Apple, Wal-Mart

by Lee Hogan 9/12/2014 10:44 am

A major battle could be brewing between giants of the retail and technology world over how mobile payments will take hold in America.

Redman: ‘Unfair’ Price Increase Sparked Move Back to U.S. from China

by Marty Cook 9/8/2014 12:00 am

Mel Redman said he and his son began planning to move the manufacturing of a 6-volt battery-operated toy car from China to northwest Arkansas after Redman & Associates was hit with unexpected price increases a couple of years ago.

Arkansas Executive Use of Company Jets Rises in 2013

by Mark Friedman 9/8/2014 12:00 am

Top executives at nine of Arkansas’ public companies valued their personal flights on company jets at a total of $2.4 million for 2013, according to proxy statements filed with the U.S. Securities & Exchange Commission and compiled by Arkansas Business.

Toymaker Redman’s Rough History Doesn’t Deter State Investment

by Marty Cook 9/8/2014 12:00 am

The state’s top economic development official said he has no undue concerns about a $2 million taxpayer investment in Redman & Associates, despite the CEO’s bankruptcy a decade ago and subsequent litigation, including a lawsuit related to the product the company is manufacturing in Rogers.

Update: 14 Laid Off By Toy Car Maker in Blow to Wal-Mart's 'Made in USA' Initiative

by Marty Cook and Gwen Moritz 9/5/2014 4:03 pm

Redman & Associates filed a federal lawsuit Friday accusing a Chinese company of engaging in an "underhanded strategy" in an attempt to derail Wal-Mart's attempts to bring manufacturing back to the U.S.

Public Company Board Service Can Mean Lots of Work and Risk

by Gwen Moritz 8/18/2014 12:00 am

This week we list all directors of 19 publicly traded companies headquartered in Arkansas and the compensation they received for service on the boards in the most recent fiscal year. It’s work that’s “a whole lot harder” than it used to be.

Wal-Mart Cuts Profit Outlook Amid Sluggish Sales, Less Traffic

by Associated Press 8/14/2014 7:26 am

Wal-Mart Stores Inc. cut its annual profit outlook on Thursday as the world's largest retailer faced another quarter of sluggish sales and traffic declines.

1 Year After Referendum Victory, Wal-Mart Opens Neighborhood Market in Russellville

by Mark Carter 8/13/2014 10:17 am

Russellville's first Walmart Neighborhood Market opened Wednesday, almost a year to the day after city voters upheld a zoning ordinance that made its construction possible.

Wal-Mart: When It Comes to New Ideas, Try, Try Again

by Associated Press 8/12/2014 11:00 am

Wal-Mart took what it learned from the "Scan & Go" app to create another service: It found that customers like being able to track their spending, an insight that became the impetus for a program that enables shoppers to store electronic receipts.

Whistleblower Case Alleges Fraud Against Wal-Mart

by Arkansas Business Staff 8/11/2014 12:00 am

A former executive of a personal care products company said she was canned for reporting an alleged fraud that her firm was committing against its biggest customer — Wal-Mart Stores Inc.

Wal-Mart's Website to Personalize Shopping

by Associated Press 8/4/2014 9:39 am

Wal-Mart, in its latest bid to compete with nemesis Amazon.com, is rebuilding its website to further personalize the online shopping experience of each customer.

Reports: Wal-Mart Nabs Another Shopping App, Luvocracy

by Lance Turner 7/29/2014 11:25 am

@WalmartLabs, part of Wal-Mart Stores Inc.'s social media division, has acquired another shopping app, Luvocracy. Wal-Mart hasn't disclosed terms of the deal. Founded in 2011, Luvocracy has since been surpassed by Pinterest, another social shopping platform.

Wal-Mart Bribery Case Creeps Along in Court

by Mark Friedman 7/21/2014 12:00 am

A U.S. District Court judge in Arkansas ruled last month that a lawsuit filed in 2012 against Wal-Mart Stores Inc. and its directors over allegations of bribery in Mexico can move forward.

Wal-Mart Execs Naturally Dominate List of Executive Compensation

by Gwen Moritz 7/21/2014 12:00 am

Top executives at the world’s largest company continue to dominate Arkansas Business’ annual list of public company executive compensation, starting with the new CEO, Doug McMillon.

Tracy Morgan Sues Wal-Mart for Crash That Killed 1 in New Jersey

by Associated Press 7/12/2014 10:47 am

Former "Saturday Night Live" star Tracy Morgan has sued Wal-Mart over a highway crash involving one of its drivers that left him seriously injured and a fellow comedian dead.

Waltons Check in at No. 1 on Forbes 'Richest American Families' List

by Lee Hogan 7/8/2014 4:40 pm

What do the Koch, Mars, S.C. Johnson, Kennedy and Rockefeller families all have in common? Well, besides all being multi-billion dollar families, they all have less money than the Waltons of Wal-Mart Stores Inc. of Bentonville.

Wal-Mart Takes Top Spot in Fortune Global 500

by Lee Hogan 7/8/2014 10:59 am

Wal-Mart Stores Inc. of Bentonville returned to the top of the Fortune Global 500 rankings that were released Monday.

CEO: Wal-Mart Taught Me How To Be A Leader, Manager

by Lee Hogan 6/30/2014 9:45 am

The co-founder and CEO of SmartStar, a mobile application that teaches children life skills, says everything she knows about herself as a leader and manager was learned during a summer internship at Wal-Mart.

Wal-Mart Gives $450,000 Grant to NWA Council

by Marty Cook 6/30/2014 12:00 am

Wal-Mart Stores Inc. of Bentonville announced a $450,000 grant to the Northwest Arkansas Council on Tuesday at Pinnacle Country Club in Rogers.