Sam Walton

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Walmart, Widow in Nasty Suit Over ... Family Photos

Waltons sues photographer's widow for photo negatives

(Newser) - Today in the ugly lawsuit department: Walmart and the Walton family are suing for the rights to photo negatives, some half-a-century old, in what has been classified as "a total David vs. Goliath situation." The story goes like this: Robert Huff—who owned a photography studio in Fayetteville,... More »

Walmart Heir Gives Surprise $300K to Obama PAC

The Waltons are famously conservative

(Newser) - Expect the next Walton family reunion to be awkward: Samuel Rawlings Walton, grandson and namesake of the late Walmart founder, recently gave a $300,000 donation to a pro-Obama super PAC, reports the Washington Post . His grandfather was a well-known conservative, and several other Waltons have given big bucks to... More »

Walmart Suffering Biggest-Ever Slump

Execs admit retail giant lost its way

(Newser) - Walmart is suffering its worst-ever slump in US sales and is widely expected to post more disappointing figures when it reports earnings today. Analysts say the retail giant's woes are the result of its failure to follow founder Sam Walton's formula of providing ordinary Americans with "every day low... More »

Meet the World's Richest Moms

There are 70 billionaire moms in the world

(Newser) - We hear a lot about Angelina , but she isn't the only mom making serious bank. According to Forbes ' count, there are 70 billionaire mothers in the world (compared to 555 dads). Some of them—think Mars and Heineken—are old names. Others, are relative newcomers. Here are some of... More »

Study Sees Wal-Mart in India's Future

But government can help mom-and-pop outfits get organized for future

(Newser) - 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... More »

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