Wal-Mart buying Jet.com to lift online sales, battle Amazon
Wal-Mart Stores Inc , vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup.
Aug 09, 2016, 09:45 AM ISTWal-Mart earnings miss estimates; company cuts outlook
Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its full-year forecast on Tuesday, citing investments in staffing and weaker margins in its U.S. pharmacy business.
Aug 18, 2015, 17:28 PM ISTWal-Mart names son-in-law of Rob Walton as new chairman
The change is effective as of the end of the company`s annual shareholders` meeting today, near the company`s headquarters in Bentonville, Arkansas.
Jun 05, 2015, 20:27 PM ISTWal-Mart improves lobbying disclosure after shareholder push
Wal-Mart Stores said it will start disclosing directly to investors what it spends on lobbying on a state-by-state basis, responding to shareholder pressure to improve transparency on how the retailing giant seeks to influence public policy.
May 13, 2015, 21:11 PM ISTWal-Mart improves lobbying disclosure after shareholder push
Wal-Mart Stores said it will start disclosing directly to investors what it spends on lobbying on a state-by-state basis, responding to shareholder pressure to improve transparency on how the retailing giant seeks to influence public policy.
May 13, 2015, 11:39 AM ISTWal-Mart to spend $1 bln to raise US wages this year
Wal-Mart Stores Inc , long criticised for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million US employees this year.
Feb 19, 2015, 22:59 PM ISTWal-Mart and allies in face-off with Apple Pay over mobile payments
With the development of a new mobile payment system, a group of retailers led by Wal-Mart Stores is aiming to upend the $4.5 trillion credit card market and control the precious transaction data generated at the checkout line.
Oct 30, 2014, 07:14 AM ISTWal-Mart profit pressured by flat US same-store sales
Wal-Mart Stores on Thursday posted a slight profit rise for its fiscal second quarter, as the world`s largest retailer struggles with weak US same-store sales.
Aug 14, 2014, 17:22 PM ISTWal-Mart to launch e-commerce marketplace in India in July
Wal-Mart Stores Inc will launch its business-to-business e-commerce platform in the Indian cities of Lucknow and Hyderabad in the first week of July, its India boss said on Friday.
Jun 14, 2014, 09:57 AM IST