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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Wal-Mart

Wal-Mart stories: 151 news summaries

21 - 40 of 151 Stories | << Prev 1 2 3 4 5 6 ... 8 Next >>

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Book Review

That Cheap Bookshelf Has
a Global Cost

But new book finds it's not all China's fault and IKEA is a hypocrite

Jul 12, 09 3:38 PM CDT
(Newser) - Though you might have hand-crafted antiques handed down from your grandparents, chances are your grandkids aren't getting their mitts on that wood-veneer bookshelf you just schlepped home from IKEA, writes Stephanie Zacharek for Salon. The modern desire for cheap, replaceable goods is a cause and a symptom of a global... More »

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China • consumer goods • cheap • Ikea • Wal-Mart • craftsmanship

(Newser) - Ben Stein loves Wal-Mart—just don’t put one smack-dab in the middle of a historic Civil War battlefield in Orange, Va. The 1864 Battle of the Wilderness was a turning point in the conflict, Stein writes in the American Spectator, and the “battlefield is incredibly important environmentally and... More »

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United States • America • Virginia • development • Civil War • Ben Stein • Wal-Mart • national park • Ulysses Grant • Battle of the Wilderness • Robert E. Lee

(Newser) - President Obama has a big new supporter in his push for health-care reform: Wal-Mart. The nation's largest private employer reversed course today and told the White House it supports the idea of requiring large employers to provide health insurance to workers. Most large corporations, along with the US Chamber of... More »

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health insurance • employer • health care reform • Wal-Mart • Service Employees International Union • retailers • President Obama

(Newser) - A fundamental shift is going on in the consumer product world as retailers decide that less is more, the Wall Street Journal reports. Big national retailers are expected to slash selection by at least 15%, analysts say. Gone will be 30% of Kroger’s cereals, 20 of the 24... More »

MORE ABOUT:
retail • consumer products • recession • Walgreens • retail stores • retailing • Wal-Mart • Kroger • retail sector

 Wal-Mart to Create 
 22K More US Jobs 

But retailer has slowed expansion

Jun 4, 09 12:59 PM CDT
(Newser) - Wal-Mart plans to add 22,000 jobs to its US stores this year, down from last year's 33,800 new jobs in the face of slowed expansion. The retailer has gained market share from recession-minded consumers, but hasn't been immune to the downturn, and recently slashed 700 jobs in its... More »

MORE ABOUT:
recession • unemployment • Wal-Mart • job • job creation

 Recession, 
 Competition 
 Imperil Malls 

100 shopping centers could be 'dead' by year's end

May 22, 09 9:42 AM CDT
(Newser) - A half-century-old American standby is ailing as shopping malls around the country struggle to stay afloat, the Wall Street Journal reports. Same-store sales in shopping centers fell 6.5% in the year ending March 31, and the biggest mall operator has seen sales drop 7.3%. Some 100 malls could... More »

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retail • recession • mall • Target • Wal-Mart • big-box retailers

(Newser) - Wal-Mart isn’t selling Green Day’s new album because of explicit lyrics, and the band isn’t happy about it. “They won’t carry our record because they wanted us to censor it,” frontman Billie Joe Armstrong tells the AP. 21st Century Breakdown merits a parental-advisory label,... More »

MORE ABOUT:
entertainment • music • censorship • parental advisory • Wal-Mart • Green Day • 21st Century Breakdown • Billie Joe Armstrong

MARKETS

 Oil, Banks Steal 63 From Dow 


May 15, 09 3:13 PM CDT
(Newser) - Markets were off today on falling oil prices and a poor showing from the financial industry, the Wall Street Journal reports. The S&P energy index fell 2.4% and Bank of America, Pfizer, and Wal-Mart also saw declines. General Motors, whose low share price no longer significantly affects markets,... More »

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stock market • NASDAQ • Bank of America • New York Stock Exchange • Dow Jones • General Motors • Pfizer • financial sector • S&P 500 • Wal-Mart • oil prices

MARKETS

 Tech, Banks Push Dow Up 46 


May 14, 09 3:16 PM CDT
(Newser) - Markets climbed today on good performance by technology stocks and a rebound in the financial sector, the Wall Street Journal reports. A key bank index, which dipped earlier as financials sold stock to raise capital, was up almost 4%. The retail sector continued to struggle, with Wal-Mart off 1.9%.... More »

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stock market • NASDAQ • New York Stock Exchange • Dow Jones • financial sector • S&P 500 • Wal-Mart • banks • technology companies

Revamped Dollar Stores Cash In on Recession

More food, cleaner aisles lure shoppers

May 14, 09 12:10 PM CDT
(Newser) - When the recession sent pinched consumers hunting for bargains, dollar stores were ready. Cluttered aisles of cheap treasures have been replaced with stocked fridges and neat rows of mustard and canned beans. Half of US households now shop at dollar stores monthly, and 18% more $100,000-plus households started frequenting... More »

MORE ABOUT:
recession • discounts • Wal-Mart • big-box retailers • Jay-ZTV • dollar stores • bargain shopper

Market Open

 Stocks Flat as 
 Jobless Ranks Grow 


May 14, 09 8:53 AM CDT
(Newser) - Stocks crept slightly higher today, with the Dow up 22 points and the Nasdaq and S&P up 10.42 and 2.48 respectively. Wal-Mart gained 1% on an earnings report precisely in line with expectations, and Kohl’s better-than-expected number sent it up 2%. But any optimism was offset... More »

MORE ABOUT:
stock market • Dow Jones • Nasdaq • jobless claims • S&P 500 • Wal-Mart

Market Open

 Stocks Up on Sunny Jobs Data 


May 7, 09 8:43 AM CDT
(Newser) - Stocks were up again this morning, after promising unemployment numbers, the Wall Street Journal reports. The Dow rose 53 points, while the Nasdaq and S&P advanced 0.5% and 1% respectively. Wal-Mart reported a strong quarter, pulling retail stocks higher, while banks shot up ahead of stress test... More »

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stock market • Dow Jones • unemployment • Nasdaq • S&P 500 • Wal-Mart • stress tests

Exxon Retakes Top Spot in Fortune 500

Wal-Mart slips to second in 'worst-ever' year for the 500

Apr 20, 09 6:00 AM CDT
(Newser) - Exxon Mobil snagged a whopping $443 billion in revenue to unseat Wal-Mart from the top spot in this year's Fortune 500 list, CNN reports. The two behemoths thrived on jacked-up oil prices and the recession respectively, but the picture was a lot bleaker for most of the rest of the... More »

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Fortune 500 • recession • corporate earnings • Wal-Mart • Exxon Mobil

(Newser) - The recession has been kind to Wal-Mart, and it’s decided to share the wealth with the wage slaves. The mega-discounter will dole out about $2 billion in financial incentives to its hourly workers, Reuters reports, including $933.6 million in bonuses and $788.8 million in profit-sharing and 401(k)... More »

MORE ABOUT:
retail • recession • bonuses • Wal-Mart • financial crisis

 Wal-Mart Crushing Target 


Mar 14, 09 11:18 AM CDT
(Newser) - In theory, Target should be thriving in the recession because it's a discount retailer. In reality, it's in a funk, even as rival Wal-Mart flourishes, reports Time. The difference? Target is viewed as a place to buy nice clothes at nicer prices—and right now, nice clothes seem like a... More »

MORE ABOUT:
retail • Target • Wal-Mart • retailers

(Newser) - Wal-Mart is moving to provide a low-cost way for physicians in small offices to use electronic health records, the New York Times reports. The company—teaming with Dell for computers and eClinicalWorks for software—plans to offer a system for under $25,000, about half the current cost. The idea... More »

MORE ABOUT:
Dell • public health • Wal-Mart • health records • electronic health records

MARKET Open

 GM Drives Stocks Back Down 

I bet you didn't even notice the pun

Mar 5, 09 8:49 AM CST
(Newser) - Bears made short work of yesterday’s rally, driving the Dow down 120 points at the open today after GM said its auditors doubted it could continue operating. The S&P sunk roughly 2%, while the Nasdaq fell 1.6%. GM shares plummeted 13%, and are trading below $2. Ford... More »

MORE ABOUT:
stock market • Dow Jones • General Motors • Nasdaq • S&P 500 • Wal-Mart

Food Network Cooks Up Winning Web Strategy

Revenue growth from Web offerings burns the competition

Mar 2, 09 9:33 AM CST
(Newser) - Food Network has found the recipe for double-digit revenue increases during one of the harshest first quarters for media companies in recent memory, Advertising Age reports. Turns out it’s guacamole. FoodNetwork.com saw a 44% spike in ad revenue in January, in large part due to viewers seeking recipes... More »

MORE ABOUT:
advertising • online advertising • ad revenue • web portals • Food Network • web traffic • Wal-Mart

 'Insourcing' Is 
 Recession's 
 DIY Buzzword 

From hairdressing to gardening, 'insourcing' is hot

Feb 26, 09 11:00 AM CST
(Newser) - The recession is prompting Americans to forgo luxuries—and that means doing for themselves what they would once have paid someone else to do, the Washington Post reports. Starter sewing-kit sales have soared 30%; landscapers are losing business; customers are forsaking salons to dye their own hair. The trend is... More »

MORE ABOUT:
home improvement • recession • Target • Wal-Mart • service industry • economy • financial crisis • do-it-yourself • insourcing

 Food Spending Turns Anorexic 

Restaurants, name-brand food hit hard as diners opt for cheaper fare

Feb 13, 09 9:36 AM CST
(Newser) - Americans have trimmed their food spending sharply, hitting restaurants, food retailers, and brand-name food producers squarely in the gut, the Wall Street Journal reports. In the last quarter of 2008, spending on food plunged an inflation-adjusted 3.7% from the previous quarter, the steepest decline since the government began keeping... More »

MORE ABOUT:
Starbucks • consumer spending • grocery stores • Wal-Mart • financial crisis • restaurant industry

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