Walmart

Wal-Mart Reaches ‘Line In Sand’ Moment In Push To Fix Stores

For months, a digital clock has counted relentlessly down - minutes, hours, days - inside the headquarters of Wal-Mart Stores Inc. The timer was set up...

Wal-Mart Said to Plan Hundreds of Job Cuts at Headquarters

Wal-Mart Stores is planning job cuts at its headquarters that could involve hundreds of workers, including senior managers, according to people familiar wi...

Wal-Mart Cuts Some Workers’ Hours After Pay Rise Boosts Costs

Wal-Mart, in the midst of spending $1 billion to raise employees’ wages and give them extra training, has been cutting the number of hours that some...

Wal-Mart’s Massmart Profit Drops on Currency Pressure

Massmart Holdings, the South African food and goods wholesaler controlled by Wal-Mart Stores, said first-half profit fell 26 per cent as price compet...

Wal-Mart Cuts Forecast as Pay Raises, Currency Moves Take Toll

Wal-Mart, the world’s biggest retailer, cut its annual earnings forecast for the year, hurt by currency fluctuations and a high-profile pay bump for...

An Unintended Consequence of Wal-Mart Pay Raise: Unhappy Workers

When Wal-Mart Stores chief Doug McMillon announced plans to boost store workers’ minimum wage earlier this year, he said the move was intended to imp...

Amazon Passes Wal-Mart As Biggest Retailer By Market Value

Amazon.com Inc. surpassed Wal-Mart Stores Inc. as the world’s biggest retailer by market value after a surprise second-quarter profit sent the eComme...

Wal-Mart Is Ending Overnight Hours at Some of Its U.S. Locations

Wal-Mart Stores will start closing some of its 24-hour supercentres for at least a few hours each night, aiming to use the time to better stock shelves and...