Tagged: Asda

Walmart’s Trial Over Alleged Stolen Tech

Walmart’s Trial Over Alleged Stolen Tech

LegalRestaurants & FoodTechnology & TelecomCover Story

Walmart Inc. of Bentonville stands accused in a Little Rock courtroom of stealing another company’s technology, and it’s not the first such allegation the world’s largest retailer has faced in recent years. read more >

Big Deals in Arkansas Jump 157% Despite Pandemic

Big Deals in Arkansas Jump 157% Despite Pandemic

Banking & FinanceHealth CareLegalRestaurants & FoodTechnology & TelecomTransportationCover Story

Despite the coronavirus pandemic, the value of the biggest deals in Arkansas last year jumped 157%, from $7.9 billion in 2019 to $20.3 billion in 2020, pushed largely by Walmart’s sales of stakes in two subsidiaries, Asda Group and Seiyu. read more >

Walmart to Sell UK Unit Asda in $8.8B Deal

Walmart to Sell UK Unit Asda in $8.8B Deal

Retail giant Walmart has agreed to sell its British chain of supermarkets, Asda, to the investors behind an international group of gas stations and food shops in a deal that values the company at $8.8 billion. read more >

UK Regulators Block Sale of Walmart's Asda Unit to Competitor

UK Regulators Block Sale of Walmart's Asda Unit to Competitor

British regulators blocked Sainsbury's $9.4 billion purchase of Walmart's Asda unit on Thursday amid concerns the deal would have increased prices and reduced the quality and range of products available. For Walmart, it's another setback in its effort to export its low-price strategy around the world. read more >

Cuker Attorneys Seek $4.1M in Fees for Wal-Mart Case

Cuker Attorneys Seek $4.1M in Fees for Wal-Mart Case

WhispersLegalTechnology & Telecom

The lawyers who successfully represented a Southern California digital design firm in a lawsuit that resulted in a $12.4 million jury verdict last month against Wal-Mart Stores Inc. have asked the U.S. District Court judge to award them court costs and attorneys’ fees. read more >

David v. Goliath (Gwen Moritz Editor's Note)

David v. Goliath (Gwen Moritz Editor's Note)

OpinionLegalTechnology & TelecomEditor's Note

A recent story on the lawsuit between Wal-Mart Stores Inc. and Cuker Interactive was just chock full of life lessons — clichés, really — whether you see yourself as David or Goliath. read more >

A Look Inside a $12.4 Million Slap at Wal-Mart

A Look Inside a $12.4 Million Slap at Wal-Mart

LegalTechnology & TelecomCover Story

Last month a federal jury in Fayetteville ordered Wal-Mart to pay $12.4 million for damages that included willful and malicious misappropriation of Cuker’s confidential information and trade secrets. read more >