Walmart

Wal-Mart's Marc Lore Gets $244 Million In Pay Following Jet Deal

Wal-Mart Stores Inc. executive Marc Lore reaped an astronomical $243.9 million in compensation last year, fuelled by shares he received as part of the sale...

Wal-Mart's Massmart Shares Climb As Profits Improve On Costs

Wal-Mart Stores Inc.’s experience in controlling costs is helping South African grocery and general goods retailer Massmart Holdings Ltd. improve pro...

Wal-Mart Sees 2016 Revenue Rise 3% To $133.6bn

American retail giant Wal-Mart Stores, Inc. announced that its total revenue for Q4 had increased by 3%, to $133.6 billion, excluding currency fluctua...

Wal-Mart Continues Downsizing In Brazil, Closes Five Stores

US retailer Wal-Mart closed five stores in Brazil in recent weeks, three of which were located in the state of Rio Grande do Sul, according to publication&...

Retailer-Backed Coalition Launches Campaign Against Border Tax

A broad coalition of lobbyists for retailers like Wal-Mart Stores Inc., energy companies and the auto industry is launching a battle against a proposed US...

Wal-Mart Ditches Subscription Model for Free Two-Day Shipping

Wal-Mart Stores Inc. is scrapping its ShippingPass program, which was designed to compete with Amazon.com Inc.’s Prime, opting instead for a two-day...

Top 250 Global Retailers Top Revenues Of $4 Trillion: Deloitte

According to the Deloitte report 'Global Powers of Retailing 2017', the leading 250 global retailers achieved 5% growth in 2015, generating total retail re...

Wal-Mart to Shake Up Online Team, Cut Prices In Amazon Fight

Wal-Mart Stores Inc. is overhauling its e-commerce team and elevating executives from its recently acquired Jet.com business, aiming to better challenge Am...