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July 25, 2008 8:21:00 AM CDT

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Stories related to: Wal-Mart

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Stories 1 - 20 of 77

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  • July 2008

    • Shopping in US Looks Like the 1970s: Analyst

      newser  |  Associated Press  |  Jul 20, 08 8:01 PM CDT

      Shopping in US Looks Like the 1970s: Analyst

      Retailers and marketers are closely watching American shopping trends, knowing that recession habits can linger for years, the AP reports. Studies show that 63% of Americans have cut down spending by coupon-cutting, biking to work, and buying store brands. They're also buying smaller cars and shopping at discounters. "We are looking at stuff that reminds me of the 1970s," one investment manager said. More »

      Tags

      auto industry  • Wal-Mart  • Toyota  • consumer  • consumer spending  • consumer goods  • consumer products

    • Consumers Are Quickly Trading Down

      newser  |  Wall Street Journal  |  Jul 11, 08 12:26 PM CDT

      Consumers Are Quickly Trading Down

      As fuel prices and home foreclosures steadily rise, Americans are trading down in everything from automobiles to their lunch options. That's not unusual in an economic downturn, but the speed with which it's happening is, the Wall Street Journal reports. And the flight to the affordable and generic is affecting the broadest array of goods since the recession of the early 1980s. More »

      Tags

      gas prices  • subprime crisis  • Wal-Mart  • weak dollar  • consumer prices  • weakening economy  • retail stores  • consumer goods  • discounts

    • Rattler Strikes Shopper at Fla. Wal-Mart

      newser  |  Miami Herald  |  Jul 7, 08 4:18 PM CDT

      Rattler Strikes Shopper at Fla. Wal-Mart

      A Florida man has been released from the hospital after being bitten in the hand by a poisonous pygmy rattlesnake while browsing in a Wal-Mart garden department, the Miami Herald reports. Though potentially deadly to a child or elderly person, the bite "wouldn't have been fatal with an adult male. But you could lose a finger,'' said an officer with the antivenin unit. More »

      Tags

      Wal-Mart  • snakes  • rattlesnake

  • June 2008

    • Wal-Mart Looks for Better Return on CDs

      newser  |  Wall Street Journal  |  Jun 9, 08 11:49 AM CDT

      Wal-Mart Looks for Better Return on CDs

      As the country's leading brick-and-mortar CD seller, Wal-Mart occupies a special place in the music industry, earning perks like exclusive releases of CDs by bands like Journey and, soon, AC/DC. But with sales of physical CDs in freefall, even Wal-Mart is considering cutting the number of titles and artists its stores stock, reports the Wall Street Journal. More »

      Tags

      Wal-Mart  • music industry  • music downloads  • iTunes Store  • CDs

    • Street Rallies on Retail, Jobs

      newser  |  Wall Street Journal  |  Jun 5, 08 3:17 PM CDT

      Street Rallies on Retail, Jobs

      The markets rebounded from a 3-day losing streak today as retailers posted strong sales and weekly claims for jobless benefits fell, the Wall Street Journal reports. The Dow climbed 213.97, closing at 12,604.45, and the Nasdaq gained 46.80 to settle at 2,549.94. The S&P 500 added 26.85 to finish at 1,404.05. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • Wal-Mart  • retail  • Commerce Department  • Costco  • jobless claims  • BJ's Wholesale Club

    • Detente Mellows Wal-Mart's Once-Virulent Foes

      newser  |  New York Times  |  Jun 5, 08 10:21 AM CDT

      Detente Mellows Wal-Mart's Once-Virulent Foes

      Wal-Mart, more accustomed to being lambasted than lauded by its critics, is seeing a shift in public opinion, reports the New York Times. The mega-retailer has reached accords with some of its most ardent detractors, even listening to their advice on issues like employee health care. The company, too, has gone green, becoming the largest retailer of energy efficient light bulbs. More »

    • Big-Box Wal-Mart Dipping Into Free Online Classifieds

      newser  |  CNET  |  Jun 3, 08 2:58 PM CDT

      Big-Box Wal-Mart Dipping Into Free Online Classifieds

      Wal-Mart is testing a new service, cNet reports: free online classified ads. The big-box retailer launched the site last week, in partnership with start-up Oodle.com, and offers more than 40 million listings, featuring seven categories, in major US cities. More »

      Tags

      Internet  • Wal-Mart  • Craigslist  • classified ads

  • May 2008

    • Study Sees Wal-Mart in India's Future

      newser  |  Economist  |  May 28, 08 8:10 PM CDT

      Study Sees Wal-Mart in India's Future

      South Asia is still dominated by mom-and-pop grocery stores, but—as in the US about 70 years ago—the supermarket sector is expanding and will eventually overtake family-run shops, the Economist gleans from a new study. "Many people assume that Asia's shopping habits are peculiar to the region and uniquely resistant to change," the authors write—but sheer demand will change all that. More »

      Tags

      India  • food  • Wal-Mart  • shopping  • South Asia

    • Excoriated by China, 'Miserly' Firms Defend Quake Aid

      newser  |  Associated Press  |  May 22, 08 10:24 AM CDT

      Excoriated by China, 'Miserly' Firms Defend Quake Aid

      Mega-companies are defending themselves against harsh criticism on Chinese websites that they’ve done too little to help earthquake survivors, AP reports. Companies such as McDonald’s, Wal-Mart, and Nokia were labeled “International Super-Misers” on one site. "We've been involved in helping and responding since day one,” said a McDonald’s rep, who added that the company pledged $15 million and is donating 40,000 meals. More »

      Tags

      China  • earthquake  • Wal-Mart  • McDonald's  • Nokia  • relief  • donation  • blogs

    • Wal-Mart Tightens Toy Safety Standards

      newser  |  Wall Street Journal  |  May 14, 08 1:49 PM CDT

      Wal-Mart Tightens Toy Safety Standards

      Wal-Mart is adopting stricter toy safety standards, going above and beyond existing government requirements, the Wall Street Journal reports. The standards set hard lead limits, and encourage “traceability information,” to show where toys are from. Complying could boost toymakers’ costs by 5%-7%, but since Wal-Mart is the world’s top toy seller, expect companies to fall in line. More »

      Tags

      Wal-Mart  • toys  • toy recalls  • lead tainted toys  • Chinese toys  • toy safety

    • Shoppers Give Up Organics as Food Prices Soar

      newser  |  Newsweek  |  May 9, 08 3:25 AM CDT

      Shoppers Give Up Organics as Food Prices Soar

      With a gallon of organic milk costing a whopping $7 and a conventional gallon going for $2.99, cash-strapped shoppers are skipping organic groceries. That means the $19 billion industry, which has ballooned 150% since 2001, may now be shrinking, Newsweek reports. “I miss it terribly,” said one former Whole Foods regular. “But I just can’t afford it anymore. Food everywhere is so expensive.” More »

      Tags

      Wal-Mart  • ethanol  • Whole Foods  • organic food  • pesticide  • organic  • grocery stores  • groceries

    • Markets See Gains From Retail

      newser  |  Wall Street Journal  |  May 8, 08 3:23 PM CDT

      Markets See Gains From Retail

      The markets achieved solid gains today as better-than-expected sales from big-box discount retailers encouraged investors worried over oil prices still in record territory, the Wall Street Journal reports. The Dow gained 52.43 to close at 12,866.78, while the Nasdaq rose 12.75 to 2,451.24. The S&P 500 rose 5.11, settling at 1,397.68. More »

      Tags

      S&P 500  • Nasdaq  • oil price  • Dow Jones Industrial Average  • Wal-Mart  • retail sales  • commodities

  • April 2008

    • Philly Museums Save Painting From Wal-Mart Sale

      newser  |  Philadelphia Inquirer  |  Apr 24, 08 12:24 PM CDT

      Philly Museums Save Painting From Wal-Mart Sale

      The saga over the sale of Thomas Eakins' The Gross Clinic came to an end yesterday when the Philadelphia Museum of Art announced it had raised enough money to cover the $68 million price tag. Eakins' painting of an operation in an anatomical theater was almost bought by Wal-Mart heiress Alice Walton, but it will now remain in Philadelphia after a last-minute scramble for a competing bid, writes the Philadelphia Inquirer . More »

      Tags

      art  • Wal-Mart  • painting  • Philadelphia

    • Sam's Club Joins Costco in Limiting Rice Purchases

      newser  |  Bloomberg  |  Apr 23, 08 8:25 PM CDT

      Sam's Club Joins Costco in Limiting Rice Purchases

      Sam's Club joined Costco today in limiting how much rice customers can buy, Bloomberg reports. The restrictions by the nation's largest warehouse retail chains come with the price of rice at record highs around the world, which has spurred some to begin hoarding, Bloomberg notes. Sam's Club customers can buy no more than four bags per visit. More »

      Tags

      Wal-Mart  • food prices  • Costco  • Sam's Club  • rice prices  • flour

    • Wal-Mart Tops Fortune 500

      newser  |  Fortune Magazine  |  Apr 21, 08 4:07 PM CDT

      Wal-Mart Tops Fortune 500

      Wal-Mart nosed out Exxon Mobil for the second consecutive year to land atop the 2008 Fortune 500, with $37.7 billion in revenues, the magazine said today. In profits, the oil company far outstripped the megaretailer. Three of the top 5 on the list were oil companies, the AP reports. ChevronTexaco (No. 3) and GM (No. 4) swapped places, and ConocoPhillips again rounded out the top 5. More »

      Tags

      General Motors  • Citigroup  • Wal-Mart  • Ford  • Bank of America  • AT&T  • ExxonMobil  • General Electric  • Chevron  • ConocoPhillips  • Fortune 500

    • Wal-Mart OKs Plan to Film Gun Buyers

      newser  |  New York Daily News  |  Apr 14, 08 8:12 PM CDT

      Wal-Mart OKs Plan to Film Gun Buyers

      Wal-Mart approved a plan today to videotape gun-buyers and curb illegal firearm sales in other ways, the New York Daily News reports. The 10-point deal with the bipartisan group Mayors Against Illegal Guns, helmed by New York's Michael Bloomberg, includes inventory controls and a log to trace buyers who have previously bought weapons used in crimes. More »

      Tags

      Wal-Mart  • Michael Bloomberg  • gun  • gun control  • mayor  • arms trafficking  • gun sales  • ATF  • firearms

    • Techs Stand Tall in 'Relief Rally'

      newser  |  Wall Street Journal  |  Apr 10, 08 3:34 PM CDT

      Techs Stand Tall in 'Relief Rally'

      Stocks rallied despite a generally unfavorable climate today on positive news from Intel and Wal-Mart, though, with the exception of the Nasdaq, failed to hold on to session highs. The Nasdaq rose 29.58 to close at 2,351.70. The Dow, up triple-digits during the session, ended 54.72 higher at 12,581.98; the S&P 500 gained 6.06 to close at 1,360.55. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • Wal-Mart  • Intel  • retail sales  • first quarter earnings

    • March Retail Sales Fall Flat

      newser  |  Wall Street Journal  |  Apr 10, 08 11:29 AM CDT

      March Retail Sales Fall Flat

      Retailers’ same-store sales were flat in March, due in part to an early Easter, the Wall Street Journal reports. The Thomson Financial Same Store Sales Index, projected to sink 0.1%, fell 1.1%, excluding Wal-Mart. Shoppers weren’t ready to buy for spring on the heels of winter, store closings for the holiday reduced sales, and consumer sentiment his a five-year low amid still-rising fuel prices. More »

      Tags

      gas prices  • Wal-Mart  • retail sales  • Target  • Easter  • Costco  • same-store sales  • Gap  • Thomson Financial Same Store Sales Index

    • For Sale: Video Vault of Wal-Mart Inner Workings

      newser  |  Wall Street Journal  |  Apr 9, 08 12:00 PM CDT

      For Sale: Video Vault of Wal-Mart Inner Workings

      A tiny production company has decades of behind-the-scenes moments from Wal-Mart on film—and up for grabs. The chain hired Flagler Productions to film its inner workings for corporate events, but fired it two years ago, the Wall Street Journal r eports. After Wal-Mart low-balled Flagler on the archive, it’s selling browsing rights to interested bidders, including some curious antagonists. More »

      Tags

      Wal-Mart  • retail  • corporate culture  • corporations

    • Apple Pips Wal-Mart to Become No. 1 Music Store

      newser  |  Los Angeles Times  |  Apr 4, 08 12:38 PM CDT

      Apple Pips Wal-Mart to Become No. 1 Music Store

      Apple has become America's No. 1 music retailer, the Los Angeles Times reports. The company said yesterday that its iTunes store had overtaken Wal-Mart for the first time. Analysts say its ascent to the top spot after just 5 years is a major milestone for the industry and the Internet. More »

      Tags

      Apple  • Wal-Mart  • music downloads  • iTunes  • music sales

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