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NEWS ABOUT: Sam Walton

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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