Wal-Mart says sales were slow at the start of February and warns they will remain sluggish throughout the current quarter.
Continued here: Wal-Mart warns of sluggish sales
Category : World News
U. S. stocks declined for a second straight day Thursday amid ongoing weakness in Europe, a slew of economic reports and quarterly results from Wal-Mart.
Go here to read the rest: Stocks post biggest 2-day drop of the year
The tech giant’s move follow similar announcements by Wal-Mart, Costco and other firms.
Go here to read the rest: Oracle moves 2013 dividends up to beat possible tax hike
Category : Business, World News
Wal-Mart, the world’s largest retailer, suspends a “few associates” at its joint venture in India amid an ongoing probe into bribery allegations.
View original post here: Wal-Mart suspends Indian staff
Wal-Mart files a complaint with federal labor agency accusing a union of disrupting business activity, days before Wal-Mart employees plan a Black Friday walkout.
Read more from the original source: Wal-Mart fights back on Black Friday strike
Category : Business
Third quarter sales at Wal-Mart fall short of expectations, with the world’s biggest retailer saying customers worldwide are feeling the pinch.
Read this article: Wal-Mart global sales disappoint
Category : Stocks, World News
The sweet spot for retail is on the low-end with companies selling merchandise that doesn’t compare directly to products on Amazon or other online sellers, according to Citi’s Deborah Weinswig. The analyst cites breaking data that shows more back-to-school shopping is being done online by scrappy consumers willing to switch their shopping habits for discounts as low 2.5%. Wal-Mart (WMT) is on an island by itself with its pricing advantage and popular compare-the-receipt advertising campaign – but other back-to-school top retail picks include TJX, ROST, and JWN. 
2 comments!
Category : World News
Wal-Mart has reported a 6% rise in profits for the three months ending in June and raised its annual forecast.
Read the original here: Wal-Mart profits and sales rise
Investors, like consumers, have become more discerning. Shares of big-box retailers Wal-Mart and Target are thriving but office supply chain Staples plummeted on a poor sales outlook.
More here: Staples goes splat but Target is on the mark
Category : Stocks, World News
Wal-Mart De Mexico S.A.B. de C.V. has filed a Home Country News Release – Press Release To view the full release click here (link to PDF).
Read more: Wal-Mart De Mexico S.A.B. de C.V. (WMMVY: OTC Link) | Home Country News Release – Press Release