Skip to: Content
Skip to: Site Navigation
Skip to: Search
WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Wal-Mart

Wal-Mart stories: 151 news summaries

41 - 60 of 151 Stories | << Prev 1 2 3 4 5 6 7 8 Next >>

Switch to grid view »

MARKETS

 Dow Up 106; Hope for a Bottom 

MasterCard's success boosts financials

Feb 5, 09 3:18 PM CST
(Newser) - Stocks rebounded after initially falling lower today, as investors snapped up bargains from depressed equities, MarketWatch reports. MasterCard led advances with a 14% gain after beating profit estimates. Wal-Mart was another strong performer, rising 4.33% on strong January sales. The Dow closed up 106.41 at 8,063.07.... More »

MORE ABOUT:
Dow Jones • American Express • Nasdaq • MasterCard • S&P 500 • Wal-Mart • January sales

MARKET Open

 Stocks Fall on Retail, Job Data 


Feb 5, 09 8:52 AM CST
(Newser) - Stocks slid at the open today, following yet more negative numbers from retailers and the Labor Department, the Wall Street Journal reports. The Dow dropped 52 points, while the S&P fell 1%. The Nasdaq dropped 1.2%, weighed down by sub-par earnings from Cisco. New jobless claims ripped... More »

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

MARKETS

 Stocks Mixed on Retail News 

Wal-Mart falters, but Sears posts strong forecast

Jan 8, 09 3:32 PM CST
(Newser) - Stocks ended mixed today amid largely negative retail news and nervousness on unemployment, MarketWatch reports. Investors were shaken by poor December earnings and a reduced quarterly forecast posted by Wal-Mart, which managed to perform well through 2008. The Dow fell 27.24 to close at 8,742.46. The Nasdaq,... More »

MORE ABOUT:
Microsoft • Dow Jones • Nasdaq • tech sector • Sears • S&P 500 • Wal-Mart • Gap • GameStop • financial crisis

MARKET Open

 Wal-Mart 
 Sends Dow 
 South 

Retailers not doing so hot

Jan 8, 09 8:48 AM CST
(Newser) - Stocks tumbled at the open today after Wal-Mart slashed its earnings estimates, driving fear in the retail sector. The Dow dropped 62, while the Nasdaq and S&P fell 0.5% and 0.7% respectively. There was more bad news on the job front, with unemployment claims climbing to their... More »

MORE ABOUT:
stock market • retail • Nasdaq • Dow • S&P 500 • Wal-Mart

Best Buy Offers Used
iPhones for $50 Less

Retailer tries to undercut the competition with refurbished handsets

Jan 6, 09 12:09 PM CST
(Newser) - With an eye to newly frugal consumers, Best Buy is offering refurbished iPhone 3Gs for about $50 less than new handsets, Reuters reports. The retailer offers previously owned 8- and 16-gigabyte iPhones (returned in 30 days or less) for $149 and $249, respectively. Best Buy may be trying to undercut... More »

MORE ABOUT:
iPhone • Apple • Best Buy • Wal-Mart • refurbishing • retail businesses • iPhone 3G

iPhones Hit Wal-Mart on Sunday

Discount retailer shaves whopping $2
off price for gizmo

Dec 26, 08 1:06 PM CST
(Newser) - Wal-Mart shoppers will notice a flashy new phone on the shelves Sunday, but the price may induce sticker shock, Reuters reports. The iPhone is making its long-awaited Wal-Mart debut, but the 8-gigabyte version comes with a $197 price tag and requires a 2-year AT&T contract. Rumors had flown that... More »

MORE ABOUT:
iPhone • Best Buy • Wal-Mart

(Newser) - Wal-Mart will pay up to $640 million to settle 63 state and federal class-action lawsuits that alleged it forced employees to work off the clock and skip breaks, the New York Times reports. The lawsuits involve hundreds of thousands of former and current hourly wage workers. The settlement—it will... More »

MORE ABOUT:
wages • Wal-Mart • labor rights • employee

 Desperate Retailers Offer 
 24-Hour Shopping 

More stores are extending hours to catch last-minute shoppers, night owls

Dec 22, 08 7:51 AM CST
(Newser) - With the holiday shopping season on track to be the worst in decades, more struggling retailers like Toys "R" Us, Macy's, and Wal-Mart are opting to keep their doors open 24 hours the last few days, hoping to entice last-minute shoppers and night-owls, reports the Wall Street Journal. "... More »

MORE ABOUT:
Macy's • Toys 'R' Us • holiday shopping • Wal-Mart • L.L. Bean

 Recession Bites Into Apple 

November sales down, stock falls

Dec 16, 08 4:57 AM CST
(Newser) - Even apparently recession-proof Apple is now beginning to show signs of strain, and some analysts are predicting a major slowdown for the computer giant next year, the Wall Street Journal reports. US sales of Macs last month declined 1% over a year ago, while PC sales rose 2%. One analyst... More »

MORE ABOUT:
Steve Jobs • Dell • iPhone • Goldman Sachs • electronics • Apple • recession • retail sales • Mac • Wal-Mart • computers • MacBook • Hewlett-Packard

(Newser) - Rumors that Wal-Mart would offer an iPhone for $99 after Christmas proved unfounded, but the genesis of a misunderstanding that swept through business news outlets is intriguing, Fortune reports. Wal-Mart will indeed sell iPhones, and at a discount—a whopping $2 off list price. But a blogger’s report... More »

MORE ABOUT:
iPhone • Apple • blogger • discounts • rumor • Wal-Mart • Bloomberg LP • Boy Genius Report

 Retailers Post Worst 
 Month This Decade 

But Wal-Mart, other discounters profit from downturn

Dec 5, 08 7:46 AM CST
(Newser) - November was the worst month for retail in a decade, reports the Financial Times, as stores from Macy's to Abercrombie & Fitch posted double-digit falls in sales. Mid-market stores like Target posted worse-than-expected numbers, while department stores crashed. But giant Wal-Mart, leading a small number of discounters, managed to... More »

MORE ABOUT:
retail • recession • retail sales • Target • Wal-Mart • economic downturn

MARKET Open

 Stocks 
 Go South 
 at Bell 

Dow down 150

Dec 4, 08 8:48 AM CST
(Newser) - Stocks took a modest dip at the open, amid a weak round of retail sales numbers and general economic pessimism. The Dow fell 81 points, while the S&P and Nasdaq dropped 1.3% and 1.4% respectively, the Wall Street Journal reports. Stocks started to the downside yesterday,... More »

MORE ABOUT:
Dow Jones • Nasdaq • markets • retail sales • Bank of England • S&P 500 • Wal-Mart • AT&T

 Trampled Worker's 
 Family Sues Wal-Mart 

And more lawsuits coming over Black Friday trampling on Long Island

Dec 3, 08 2:56 PM CST
(AP) - The family of the Wal-Mart temp worker who was trampled to death by a Black Friday stampede has filed a wrongful death lawsuit in New York's state Supreme Court against the retailer and the Long Island mall where the store is located. The family also filed notice that Nassau County,... More »

MORE ABOUT:
crime • New York • Long Island • temporary employment • civil lawsuits • holiday shopping • Black Friday • Wal-Mart • stampede • wrongful death

 Was Wal-Mart 
 Trampling a Crime? 

Experts mixed on whether death can be prosecuted

Dec 2, 08 9:32 AM CST
(Newser) - Trampling a Long Island Wal-Mart worker in a frenzied rush for flat-screen TVs may be a prosecutable crime, reports Newsday, but experts are split. “In order to prosecute a homicide, you have to establish that someone caused a death," said a lawyer. "If I stepped on his... More »

MORE ABOUT:
crime • death • accidental death • holiday shopping • Black Friday • Wal-Mart • criminal prosecution • civil trial

ANALYSIS

 Wal-Mart Death a Fitting
 Symbol of the Times

Desperate consumers, ailing economy make for dangerous combination

Nov 30, 08 1:54 PM CST
(Newser) - When shoppers charged into a Long Island Wal-Mart at the stroke of 5am Friday and trampled to death a temp who happened to get between them and the $388 flatscreen TVs inside,“it was a tragedy, yet it did not feel like an accident,” Peter Goodman writes in... More »

MORE ABOUT:
death • holiday shopping • Black Friday • Wal-Mart • financial crisis • Christmas shopping

Wal-Mart Worker Killed in Black Friday Stampede

Another woman miscarries

Nov 28, 08 9:42 AM CST
(Newser) - Black Friday bargain hunters trampled an employee to death this morning at a Long Island Wal-Mart, the New York Daily News reports. Another woman had a miscarriage in the stampede. The unidentified employee had been trying to hold the unruly crowd back, but the crowd knocked him down and... More »

MORE ABOUT:
holiday shopping • Black Friday • Wal-Mart • stampede

 Cash Makes a Comeback 

But cash isn't king for retailers, who'll likely see bigger drop in sales

Nov 24, 08 2:15 AM CST
(Newser) - Americans are reverting to cash for purchases in increasing numbers, according to top retailers Wal-Mart, Target and JC Penney. The shift away from credit is expected to further reduce spending by consumers—who will be limited to cash-on-hand purchases—not just during the holiday season, but during what could be... More »

MORE ABOUT:
consumer spending • credit card • Target • Wal-Mart • Great Depression • budgets • cash • consumers • J.C. Penney • CreditRatings.com

MARKET Open


 Soaring Jobless Claims 
 Leave Stocks Flat 

Jobless claims reach 7-year high

Nov 13, 08 8:55 AM CST
(Newser) - Jobless claims rose to a 7-year high last week, but that didn’t appear to move the needle for stocks, which barely budged at today's open. The Dow crept up 66 points, while the S&P and Nasdaq rose 0.9% and 0.4% respectively. A staggering 32,000 filed... More »

MORE ABOUT:
stock market • NASDAQ • Intel • Dow Jones • recession • unemployment • jobless claims • S&P 500 • Wal-Mart • financial crisis

Cash-Strapped Shoppers Remember Layaway

No-interest credit appeals to consumers

Nov 10, 08 1:59 PM CST
(Newser) - With consumers strapped and credit short, retailers are reviving an older kind of financing: layaway. Although the arrangement was considered obsolete when Wal-Mart closed its layaway department in 2006, retailers such as TJ Maxx, Goody’s, Marshalls and the Burlington Coat Factory have moved to offer the service, especially as... More »

MORE ABOUT:
retail • credit • credit crisis • retail sales • holiday shopping • Kmart • Wal-Mart • T.J. Maxx • financial crisis • layaway

Wal-Mart May Launch Own Credit Card

Retailer in talks; low rates, few fees could rattle lending industry

Nov 6, 08 7:42 PM CST
(Newser) - Wal-Mart sees an opening in the consumer credit market and is trying to start up its own credit-card operation, BusinessWeek reports. The retail giant is in talks with a veteran financial services firm to launch a card with low interest rates and few fees. It's not clear how far... More »

MORE ABOUT:
recession • credit card • Wal-Mart • consumer credit

41 - 60 of 151 Stories | << Prev 1 2 3 4 5 6 7 8 Next >>


from our news partners