Tagged: wal-mart stores inc.

Wal-Mart CEO to Face Questions in Lawsuit Over Bribery

by Jonathan Stempel, Reuters 5/12/2017 8:20 am

A federal judge orders Wal-Mart Stores Inc. Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world's largest retailer in Mexico.

Aldi Raises Stakes in US Price War with Wal-Mart

by Nandita Bose, Reuters 5/11/2017 8:15 am

German grocery chain Aldi Inc is trying to beat Wal-Mart, the world's biggest retailer, at its own game: low prices.

Report: Wal-Mart Near $300M Settlement Over Alleged Bribery

by Reuters 5/10/2017 11:27 am

Wal-Mart Stores Inc. is preparing to pay about $300 million to settle a probe of bribery by its employees in markets including Mexico, India and China, according to reports.

How Amazon Trounces Rivals in Battle of Shopping 'Bots'

by Jeffrey Dastin, Reuters 5/10/2017 9:31 am

How Amazon's technological prowess is helping it dominate the retail competition.

Benton County Projects Costly, Unique

by Marty Cook 5/8/2017 12:00 am

The 8W Center was just one of seven multimillion-dollar commercial construction projects in Bentonville in 2016. It ranked as the 17th largest in the state and was fourth among the 30 projects in Washington and Benton counties.

Wal-Mart Files Patent for Amazon Dash Rival

by Nandita Bose and Gayathree Ganesan, Reuters 5/5/2017 10:04 am

"Wal-Mart aims to integrate [Internet of Things] into the products themselves for automatic re-ordering with no user input at all."

Wal-Mart Seeks Anti-Corruption Certification

by Kevin Krolicki and Nandita Bose, Reuters 5/4/2017 11:45 am

Wal-Mart Stores Inc. of Bentonville considers getting certified under a new international program that could help companies defend themselves against isolated cases of corruption or poor business practices.

Wal-Mart's Store No. 8 Hires Jenny Fleiss as CEO

by Reuters 4/24/2017 3:23 pm

Wal-Mart Stores Inc. said its recently launched startup investment arm, Store No 8, has hired Jenny Fleiss as the chief executive of its first portfolio company.

Wal-Mart, Other Retailers Bet on Congress to Thwart Trump Border Tax

by Nandita Bose, Reuters 4/24/2017 7:02 am

Wal-Mart Stores Inc. and other retailers are shelving considerations to move supply bases closer to the United States in the face of a possible border tax, banking instead on killing support for the tax idea in Congress.

Wal-Mart CEO Doug McMillon Sees Compensation Rise in 2016

by Nandita Bose, Reuters 4/21/2017 7:30 am

Wal-Mart Stores Inc. chief executive officer received a 13 percent increase in total compensation to $22.4 million in the fiscal year ended Jan. 31.

Wal-Mart Seeks Online Fashion Presence Through Acquisitions

by Nandita Bose and Gayathree Ganesan, Reuters 4/18/2017 6:50 am

Wal-Mart's bid for Bonobos is the latest step in the company's attempt to recover lost ground against Amazon and others in the growing online fashion world, analysts say.

Recode: Wal-Mart in Advanced Talks to Buy Bonobos

by Reuters 4/17/2017 11:08 am

Wal-Mart Stores Inc. is in advanced discussions to buy online men’s fashion retailer Bonobos Inc., Recode reported on Friday, citing sources.

The Long, Rough Ride Ahead for 'Made in America'

by Nick Carey, Reuters 4/17/2017 7:37 am

American companies, along with President Donald Trump, face big obstacles as they try to rebuild American manufacturing.

Too Much Too Much (Gwen Moritz Editor's Note)

by Gwen Moritz 4/17/2017 12:00 am

Online competition isn’t the only change in the retail landscape. Many stores are closing because the malls that surround them just aren’t attracting the kind of traffic they used to.

Wal-Mart to Discount Online-Only Items Delivered to Stores

by Anne D'Innocenzio, The Associated Press 4/12/2017 6:54 am

Starting next week, Wal-Mart will offer discounts on thousands of online-only items when customers elect to have them shipped to one of the company's stores for pickup.

Experts Predict Breakout Companies in Arkansas Will Be Digital

by Marty Cook 4/3/2017 12:00 am

Ask experts around the state to name the next Arkansas company to break out financially, and you’re liable to get a nonanswer, but the experts do predict one thing: The next Big Thing in Arkansas will come in the digital field.

Online Tax Effort Revived at Last Minute in Arkansas

by Andrew DeMillo, The Associated Press 3/30/2017 3:30 pm

A House committee endorsed a proposal forcing online retailers to collect Arkansas sales taxes, reviving the effort days after a lawmaker behind the bill declared it dead for this year's session.

Northwest Arkansas Brokers Help Businesses Have Say in Designing the Office

by Marty Cook 3/27/2017 12:00 am

It’s a challenge faced by many companies in today’s business world: finding the best office metrics for its workforce. Companies find that common workspaces are more economically efficient, but amenities such as kitchens, fast Wi-Fi connectivity and natural light are equally advantageous.

Wal-Mart to Invest $800M in Chile

by Reuters 3/22/2017 11:24 am

Wal-Mart Stores Inc.'s Chilean unit will invest $800 million in the country over the next three years and open 55 to 60 new supermarkets, the company said on Wednesday, a significant outlay at a time of slow economic growth.

Wal-Mart Launches Incubator Lab to House Startups

by Anne D'Innocenzio, The Associated Press 3/21/2017 12:54 pm

Wal-Mart is launching an incubator lab focused on projects in robotics, virtual and augmented reality, and artificial intelligence as it aims to compete more aggressively with Amazon.

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