News

The 21 Richest People In Retail

Forbes has released its annual list of the world’s billionaires. We sorted through the rankings to find the richest people in retail, from grocery store king Karl Abrecht to fashion designer Miuccia Prada. The heirs to the Wal-Mart fortune continue to have the strongest presence on the billionaires list compared […]
The 21 Richest People In Retail
News

‘Dirty Jobs’ Host Mike Rowe Is Getting Death Threats Over A Wal-Mart Ad

Former “Dirty Jobs” host Mike Rowe says he’s become the target of death threats after narrating a Wal-Mart commercial about investing in American manufacturing. The ad first aired more than two weeks ago during the Winter Olympics in Sochi. In it, Rowe talks about the importance of reinvesting in American […]
‘Dirty Jobs’ Host Mike Rowe Is Getting Death Threats Over A Wal-Mart Ad
News

Two Arrested At Mexican Border For Allegedly Using Stolen Target Data

Police in Texas have arrested two Mexican citizens for alleged credit card fraud related to the massive data breach at Target over the holidays, The Wall Street Journal reports. Mary Carmen Garcia Vaquera, 27, and Daniel Guardiola Dominguez, 28, allegedly used credit card data stolen from Target to spend tens […]
Two Arrested At Mexican Border For Allegedly Using Stolen Target Data
News

Beware New Scam Offering $US100 Gift Cards For Target And Wal-Mart

Authorities are warning consumers of a new scam offering $US100 gift cards at Target and Wal-Mart. The gift card offer, which has been spotted in Ohio and North Carolina, comes on a postcard and lists a toll-free number for consumers to call and claim their reward. “If you call the […]
Beware New Scam Offering $US100 Gift Cards For Target And Wal-Mart
News

GOLDMAN SACHS: These Three Retailers Won Black Friday

Last week, American retailers were vying for customers’ time and dollars during Black Friday sales. Three retailers’ strategies stood out as the best during post-Thanksgiving sales, according to a note by Goldman Sachs. Here are their favourites: Wal-Mart: The retailer was a leader and “drove the market vis-à-vis store hours […]
GOLDMAN SACHS: These Three Retailers Won Black Friday
News

Three Reasons Amazon Will Keep Stealing Business From Wal-Mart And Best Buy

Wal-Mart and Best Buy are making strides to compete with online behemoth Amazon this holiday season. But Amazon will continue to gain market share in electronics and general merchandise, according to a recent report by Trefis. The report lists a few reasons why Amazon will continue to dominate. Online retail […]
Three Reasons Amazon Will Keep Stealing Business From Wal-Mart And Best Buy
News

WAL-MART EXECS: Thanksgiving Brawls Were Isolated, Customers Were ‘Calm’

More than 22 million customers made 10 million register transactions at Wal-Mart stores on Thursday night, while the retailer was holding its Black Friday sales. Wal-Mart U.S. CEO Bill Simon called it a “fantastic night” and said the environment in stores was “energetic and optimistic and much more calm than […]
WAL-MART EXECS: Thanksgiving Brawls Were Isolated, Customers Were ‘Calm’
News

Watch Screaming Mobs Fight Over Televisions At Wal-Mart

A video posted to YouTube Thursday appears to show a screaming mob fighting over flat-screen televisions at a Wal-Mart in North Carolina during the retailer’s Black Friday sales. The video shows at least 50 people crowded around the televisions, when several people start pushing and shoving each other, with one […]
Watch Screaming Mobs Fight Over Televisions At Wal-Mart
News

NLRB: It’s Legal For Unions To Pay Wal-Mart Employees To Strike

The National Labour Relations Board says it’s legal for the United Food and Commercial Workers International Union to pay Wal-Mart employees to strike, the Washington Examiner reports. In a Nov. 15 memorandum, NLRB lawyers said the union’s award of a $US50 gift card to Wal-Mart employees who walked off their […]
NLRB: It’s Legal For Unions To Pay Wal-Mart Employees To Strike
News

Here’s A Complete List Of Black Friday Store Hours

The holiday shopping season is upon us with Black Friday just around the corner. For those shoppers planning to hit the stores over the holiday, we have compiled a complete list of opening times on Thanksgiving and Black Friday that have been announced to date. Thanksgiving Day: 6 a.m.: Kmart […]
Here’s A Complete List Of Black Friday Store Hours
News

How America’s Largest Retailer Became Its Favourite Punching Bag

Martha Sellers hasn’t been able to pay her rent on time since her husband died three years ago. She works as a cashier at Wal-Mart making $US13.40 an hour. Even after 10 years with the company, the 55-year-old says she has to borrow money every month from co-workers just to […]
How America’s Largest Retailer Became Its Favourite Punching Bag
News

Now Another Wal-Mart Is Holding An Employee Food Drive For Thanksgiving

A second Wal-Mart location in Ohio is holding an employee food drive for workers who are unable to afford Thanksgiving dinner. The Wal-Mart in Franklin confirmed to Business Insider that it is asking employees to donate to other workers in need. The local Fox affiliate first reported on the drive. […]
Now Another Wal-Mart Is Holding An Employee Food Drive For Thanksgiving
News

Here’s How Wal-Mart Is Preparing For The Chaos Of Black Friday

Wal-Mart’s Black Friday sales attract mobs of people every yearthat inevitably turn into absolute chaos at many store locations throughout the U.S. Last year, two people were shot in a dispute over a parking spot at a Tallahassee, Fla., Wal-Mart. The year before, a mob fought over a $2 waffle […]
Here’s How Wal-Mart Is Preparing For The Chaos Of Black Friday
Lifestyle

Meet The People Who Live In Wal-Mart Parking Lots [PHOTOS]

There are thousands of Wal-Marts across the U.S. that allow overnight parking for cars RVs. In some cases this had led to the development of whole communities. Brooklyn writer and photographer Nolan Conway got to know some of these people while living out of his car for 3 weeks in […]
Meet The People Who Live In Wal-Mart Parking Lots [PHOTOS]
News

Walmart’s Employee Food Drive Reveals What’s Wrong With America

Yesterday, it was revealed that employees at a Cleveland Walmart are holding a holiday food drive for other Walmart employees. This situation says everything about what’s wrong with the U.S. economy right now. Walmart is one of the richest companies in the world. Walmart has a market value of $US260 […]
Walmart’s Employee Food Drive Reveals What’s Wrong With America
News

Wal-Mart Asks Customers To Donate Food To Its Needy Employees

A Cleveland Wal-Mart store is holding a food drive — for its own employees. “Please donate food items so associates in need can enjoy Thanksgiving dinner,” reads a sign accompanied by several plastic bins. The Cleveland Plain Dealer first reported on the food drive, which has sparked outrage in the […]
Wal-Mart Asks Customers To Donate Food To Its Needy Employees
News

Three Reasons Why Costco Is Beating Wal-Mart And Target

Business at Costco is thriving. The retailer is posting gains even as competitors like Wal-Mart and Target have struggled to attract cash-strapped consumers. Analysts at Trefis have pinpointed a few reasons for Costco’s incredible success. 1. Customers want deals. It’s estimated that shoppers can save up to 55% on groceries […]
Three Reasons Why Costco Is Beating Wal-Mart And Target
Markets

Walmart’s US Comparable Store Sales Fell In Q3

Walmart’s Q3 financial results are out. Earnings came in at $US1.14 per share, which was a bit higher than the $US1.13 expected. Revenue climbed 1.6% to $US114.9 billion. This was a bit lower than the $US116.8 billion expected. Walmart’s comparable U.S. store sales fell 0.3%. “The retail environment, both in […]
Walmart’s US Comparable Store Sales Fell In Q3
News

The Complete List Of Black Friday Store Hours

With Black Friday just three weeks away, it’s time for shoppers to start clipping coupons and scouring the Internet for the best doorbuster deals. For those shoppers planning to hit the stores over the holiday, we have compiled a complete list of opening times that have been announced to date. […]
The Complete List Of Black Friday Store Hours
News

Urban Planner Debunks The Myth That Wal-Mart Is Good For Local Economies

Wal-Mart’s supporters say that the retail giant brings much-needed jobs to depressed areas. But an urban planner from Asheville, North Carolina found that Wal-Mart is much less beneficial than downtown businesses, according to the book “The Happy City.” Salon recently published an excerpt from the book. Wal-Mart’s main detriment is […]
Urban Planner Debunks The Myth That Wal-Mart Is Good For Local Economies
News

54 Arrested For Protesting Wal-Mart’s Low Wages In Los Angeles

More than 50 people demanding better wages for Wal-Mart workers in a protest organised by a union activists were arrested outside the retailer’s store in the Chinatown section of Los Angeles on Thursday night. The protesters were taken into custody without incident after refusing an order by officers to disperse, […]
54 Arrested For Protesting Wal-Mart’s Low Wages In Los Angeles
News

Two Photos That Show Why Dollar Stores Are Killing Discount Chains

Strapped for cash, consumers who once shopped at Wal-Mart and Kmart are turning to dollar stores. But the shift to dollar stores is about more than price, Brian Sozzi, chief equities strategist at Belus Capital Advisors, told us. While Wal-Mart and Kmart are cutting costs and trimming staff, chains like […]
Two Photos That Show Why Dollar Stores Are Killing Discount Chains
News

Wal-Mart Website Glitch Lists $US500 Items For As Low As $US9

Shoppers looking for a bargain got some big ones at Walmart.com Wednesday morning. A technical glitch on the Wal-Mart Stores Inc U.S. website offered some items at a fraction of their actual retail price. Treadmills, which normally cost hundreds of dollars, were priced at $US33.16. LCD computer monitors were offered […]
Wal-Mart Website Glitch Lists $US500 Items For As Low As $US9
News

24 Sad Photos Of Wal-Mart Doing It Wrong

Wal-Mart is America’s largest retailer. But as the American economy declines, Wal-Mart does too. Brian Sozzi at Belus Capital Advisors recently took a series of photos that he says illustrate how understaffed Wal-Mart locations have become. “What spurred this investigation?” asked Sozzi. “On Wal-Mart’s recent analyst day, it was shared […]
24 Sad Photos Of Wal-Mart Doing It Wrong
Tech

Walmart Will Sell The IPad Air For $US479 ($20 Off Regular Price)

This is becoming a nice ritual. Apple introduces a new product, Walmart announces it will sell the product at a little discount. Walmart just announced plans to sell the iPad Air for $US479, which is $US20 less than Apple will charge for the iPad Air. As 9to5Mac notes, Best Buy […]
Walmart Will Sell The IPad Air For $US479 ($20 Off Regular Price)
News

Here’s The Weirdest Stuff That Happened At Walmart This Week

Wal-Mart loses billions of dollars every year to thefts, and it is also home to some really bizarre crimes. We dug up a few that have been reported just within the last week and this is what we found: A 24-year-old man allegedly high on synthetic marijuana blew up fireworks […]
Here’s The Weirdest Stuff That Happened At Walmart This Week
News

Walmart Predicts A Record Holiday Season Despite Lagging Electronics Sales

Walmart expects its strongest holiday season on record with tablets representing four out of the top five items in layaway so far this year. “I’m excited about the holiday season and I expect this to be the best year ever,” Walmart U.S. Executive Vice President and Chief Marketing Officer Duncan […]
Walmart Predicts A Record Holiday Season Despite Lagging Electronics Sales
News

WALMART EXECS: The ‘Unpredictable’ Economy ‘Is A Constant Battle’

Walmart executives say a “tough” and “unpredictable” economy and gridlock in Congress are hurting business. “When all people hear about on the news is the economy and the debt ceiling, that’s not helpful,” Walmart U.S. CEO Bill Simon said at Walmart’s annual meeting with investors and analysts. “We’re battling through […]
WALMART EXECS: The ‘Unpredictable’ Economy ‘Is A Constant Battle’
News

4 Countries That Wal-Mart Has Failed To Impress

Wal-Mart is the predominant retailer in the world, with an estimated 35 million shoppers per day. But Wal-Mart hasn’t been able to succeed in four major countries, reports Susan Berfield at Bloomberg Businessweek: India. Wal-Mart faces several obstacles in India. This week, it cut ties with its Indian partner, Bharti […]
4 Countries That Wal-Mart Has Failed To Impress
Lifestyle

MEET THE WALTONS: A Guide To America’s Wealthiest Family

The Waltons are the richest family in America. The descendants of Wal-Mart founder Sam Walton, the family controls more than 50% of the Wal-Mart Corporation, according to Bloomberg, and combined are worth at least $US150 billion based on Forbes’ wealth estimates. Four Walton family members are currently in the top […]
MEET THE WALTONS: A Guide To America’s Wealthiest Family
News

One Statistic Shows How Severely Wal-Mart Is Lagging Behind Amazon

Wal-Mart is building a series of fulfillment centres for online orders as part of its e-commerce initiative. But one statistic shows just how much Wal-Mart is lagging behind Amazon online, according to Shelly Banjo at the Wall Street Journal. Amazon’s online sales were $US61 billion last year, while Wal-Mart’s sales […]
One Statistic Shows How Severely Wal-Mart Is Lagging Behind Amazon
News

Budget-Conscious Customers Are Abandoning Wal-Mart For Dollar Stores

Dollar stores are beating Wal-Mart in the competition for budget-conscious customers. Wal-Mart’s merchandise has been “piling up because consumers have been spending less freely,” Renee Dudley at Bloomberg reported last week. The company is also preparing for a tough holiday season. Meanwhile, Dollar Tree is opening legions of stores and […]
Budget-Conscious Customers Are Abandoning Wal-Mart For Dollar Stores
News

Why Bananas Are The Best-Selling Item At Walmart

Bananas have been the best-selling item at Walmart for several years. While America’s largest retailer doesn’t disclose just how many bananas it sells, the number has to be immense considering that more than 200 million people shop in its stores worldwide every week. We asked Wal-Mart spokeswoman Brooke Buchanan why […]
Why Bananas Are The Best-Selling Item At Walmart
Tech

Walmart Will Sell The IPhone 5C And IPhone 5S At A Discount

Walmart will sell the iPhone 5S and iPhone 5C at a slight discount. Instead of charging $US99 for the entry level iPhone 5C, it will charge $US79. For the iPhone 5S it will charge $US189 instead of $US199. Walmart has often discounted the iPhone, but we can’t remember it happening […]
Walmart Will Sell The IPhone 5C And IPhone 5S At A Discount
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