The CEO endorses employees.
And other need-to-know ad news.
More broke than anyone realises.
But EPS was in line with expectations.
H&M and Zara made the commitment.
Where workers get paid $38 a month.
CEO Mike Duke out?
A gun for hire, apparently.
"We want to know who every person in the world is."
Offering 150,000 jobs.
It involves shopping at Walmart.
Ignored an invitation to discuss compensation.
Not too big to fail.
Spectacular fails.
Jerry Murray left the company.
Coming to college.
Not a good idea.
Wal-Mart makes the list.
“Sam Walton must be rolling over in his grave."
A crowd-sourced delivery service.
[credit provider=”Walmart Stores/Flickr” url=”http://www.flickr.com/photos/walmartcorporate/5266815680/sizes/z/”] When anyone thinks low priced goods, they usually don’t think “Made in the USA.”
[credit provider=”ABC News” url=”http://abcnews.go.com/blogs/business/2013/03/ariz-couple-sues-walmart-over-kids-bath-photos/”] An Arizona couple is accusing Walmart of essentially turning them into suspected sex offenders, ABC News reports.Lisa and Anthony Demaree’s ordeal began in 2008 after they had “bathtime photos” of their three young daughters developed at a local Walmart.
[credit provider=”Wakulla County Sheriff’s Office”] A 61-year-old shopper allegedly waved a Smith & Wesson at a Walmart manager after the store rejected her dollar-off Internet coupon, TheSmokingGun reported.Mary Frances Alday allegedly flew into a rage at the Florida store when assistant manager Tracy Stockslager rejected the coupon, according to an […]
[credit provider=”Glassdoor” url=”http://www.glassdoor.com/Photos/Costco-Wholesale-Office-Photos-E2590.htm”] Big-box warehouse store Costco is often compared with Walmart’s Sam’s Club. Both stores are places where people go to buy in bulk and save money. But while Walmart employees are striking for higher wages and health care, Costco has some of the happiest employees in the business.
[credit provider=”via Forbes” url=”http://www.forbes.com/2008/09/15/400list08_all_slide_6.html?thisSpeed=undefined”] Forbes released its highly anticipated ranking of the world’s billionaires today, and of course some of the world’s wealthiest people have law degrees.S. Robson Walton is the richest person with a JD, according to the Forbes ranking, which put his net worth at $26.1 billion.
“Showrooming” is the concept that describes shoppers who walk around stores like Walmart, Target and Best Buy and then use their mobile phones to compare prices at other stores or online at Amazon.
The Fairfield High School scoreboard in my Ohio hometown used to advertise local businesses. There was a big ad for Bigg’s — a local grocery franchise — and smaller ads for Fairfield Pizza, Play-It-Again Sports, and more.
Psychology Today’s Dorothy Gambrell has compiled data from Craigslist personals and “missed connections” posts, where romantic hopefuls seek out people who caught their eye in passing.
[credit provider=”iamlemonfilm on Flickr” url=”http://www.flickr.com/photos/koonisutra/3457022135/”] There’s a “silent killer” that became evident in Wal-Mart’s earnings announcement today.”The results announced today are flat-out bad, and its time for shareholders to take management to task for this,” said Brian Sozzi, chief equities analyst at NBG Research.
[credit provider=”daysofthundr46 / Flickr” url=”http://www.flickr.com/photos/
[email protected]/8274492368/”] Wal-Mart will be announcing its financial results of its quarter ending January.However, this may be one of the most closely followed Wal-Mart earnings announcements in a while.
[credit provider=”Walmart corporate on Flickr” url=”http://www.flickr.com/photos/walmartcorporate/5684838910/”] Wal-Mart’s business has been built on one major principle: “always low prices.”Company executives often refer to the company’s position as a “price leader” in interviews and news releases.
[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:Skunkworks-logo.jpg”] The term “skunk works” comes from a tiny Lockheed Martin facility run by chief engineer Kelly Johnson in the 1940s, which started in a tent next to a malodorous manufacturing plant. That tiny space designed and built America’s first jet fighter in just 143 days, and created a […]
[credit provider=”Walmart Corporate on Flickr” url=”http://www.flickr.com/photos/walmartcorporate/5684811762/”] Wal-Mart’s leaked emails could be just the beginning of bad news for the retail industry. The emails, leaked by Bloomberg, revealed that Walmart executives were freaking out because people weren’t shopping as much.
Back in the day when big box retail started to explode upon the American landscape like a raging economic scrofula, I attended many a town planning board meeting where the pro and con factions faced off over the permitting hurdle.
[credit provider=”Robert Stinnett / Flickr” url=”http://www.flickr.com/photos/rstinnett/3884559167/”] Last week, Bloomberg reported that emails exchanged by Wal-Mart executives suggested that February sales so far were a “total disaster.” Blaming the recent payroll tax hike, among other things, at least one exec reportedly wrote that this was the “worst start to a month […]
Internal emails leaked to Bloomberg News have shown that Wal-Mart executives are worried about a rise in payroll taxes and a delay in tax returns.
[credit provider=”Flicker/laurieofindy” url=”http://www.flickr.com/photos/joanieofarc/4139299138/”] Emails dug up by Bloomberg News have revealed that Wal-Mart is having a terrible start to the month.Execs were freaking out.
[credit provider=”Flickr / Walmart Stores” url=”http://www.flickr.com/photos/walmartcorporate/5684881640/in/photostream/”] Wal-Mart shares are tanking after the company’s executives called February sales a “total disaster.””Have you ever had one of those weeks where your best-prepared plans weren’t good enough to accomplish everything you set out to do?” Wal-Mart exec Cameron Geiger wrote in one of the […]
[credit provider=”Flickr/yezi9713″ url=”http://www.flickr.com/photos/yezi9713/228072758/”] A Walmart customer who slipped on a fallen Gatorade sign won a $1.3 million verdict for his injuries.Tom Papakalodoukas, a 41-year-old Florida resident, was carrying a water bottle while shopping at a Walmart in Port St. Lucie, Fla., when he stepped on a Gatorade sign that had […]
[credit provider=”Neon Tommy via Flickr” url=”http://www.flickr.com/photos/neontommy/8058208275/”] Walmart workers are striking again for the first time since Black Friday, Josh Eidelson at The Nation reported.What are they mad about this time?
[credit provider=”AP”] WASHINGTON (AP) — As he prepares to announce a new wave of Cabinet and other senior posts, President Barack Obama is aiming to put a more diverse face on his administration — an image that was missing as he filled the first round of vacancies of his second […]
[credit provider=”Asda”] The U.K.’s advertising watchdog has cleared Asda’s festive TV campaign featuring an exhausted mother doing all the work to make Christmas a success, despite more than 600 complaints it was offensive and sexist.See the ad below. It was also accused of discriminating against fathers, who are portrayed as […]
[credit provider=”Noelas via Flickr”] Amazon makes a lot of brick-and-mortar retailers nervous. “They’re increasingly pushing in-store sales online, where they’re almost inevitably cheaper,” Karl Heiselman, the CEO of Wolff Olins, told us. “Even retailers like Best Buy and Target have created Amazon price-matching policies.
An extraordinary statistic tweeted by Idealab CEO Bill Gross from a Davos session he is attending:
[credit provider=”Walmart Stores via flickr” url=”http://www.flickr.com/photos/walmartcorporate/5684811762/”] Wal-Mart is cracking down on its suppliers.The world’s largest retailer sent a 10-page letter to its suppliers warning them of its new “zero-tolerance policy” if they violate global sourcing standards. It also requires more mandatory inspections and a pre-approval process.
[credit provider=”Instagram/kaylaykins” url=”http://statigr.am/p/324261937102340709_230412703″] Wal-Mart just announced it plans on spending $453 million to expand in Canada. The move is seen as Wal-Mart’s latest attempt to bolster its Canadian presence before competitor Target can complete its own aggressive expansion.
[credit provider=”Yepoka Yeebo / Business Insider” url=”http://www.yepokayeebo.com/”] Bill Simon, Walmart’s U.S. CEO, says there’s a common misperception about his company. “According to urban legend, our stores are filled with products that weren’t made in the U.S.,” Simon said in a speech at the National Retail Federation convention.
[credit provider=”Daniel Goodman / Business Insider” url=”http://www.businessinsider.com.au/author/daniel-goodman”] Veterans make great employees after their deployment ends, according to a Walmart senior executive. “Veterans are great employees because of the qualities they learn in training,” Simon said in a keynote address at the National Retail Federation convention. “Leadership, courage, sacrifice, and commitment are […]
[credit provider=”Robert Johnson — Business Insider”] Wal-Mart Stores Inc, the world’s largest retailer, said it plans to hire more than 100,000 veterans in the United States over the next five years, a move supported by First Lady Michelle Obama.Most of the veterans will be placed in the company’s stores and […]
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[credit provider=”Walmart Stores/Flickr” url=”http://www.flickr.com/photos/walmartcorporate/5266815680/sizes/z/”] Last month, the New York Times published a story alleging that Wal-Mart was systematically bribing officials in Mexico. The piece alleged that Wal-Mart was paying bribes so it could build a store near the environmentally fragile and historic San Juan Teotihuacan pyramids.
Mark Wilson/Getty Images
[credit provider=”markyeg/Flickr” url=”http://www.flickr.com/photos/markjms/3466232927/sizes/m/”] Walmart has partnered with wireless provider Straight Talk to set customers up with a pretty attractive mobile plan.Beginning January 11, you’ll be able to buy an unlimited service plan for your new iPhone for $45 per month.
[credit provider=”Alex Proimos via flickr ” url=”http://www.flickr.com/photos/proimos/4045973322/”] With the continuing vice-like grip of the holding companies on virtually all of the major agencies, the inevitable shift to digital media and the accelerating growth of social networking, the advertising business has changed dramatically since the Martini slurping; three pack a day, […]
A school board member in Georgia was arrested after allegedly hitting a 17-year-old with her SUV in a dispute over a parking space at Walmart, according to WBSTV.
Walmart rivals are complaining about an advertising campaign that calls them out for having higher prices, The Wall Street Journal reported.
[credit provider=”Instagram/jezekiahcordova” url=”http://statigr.am/viewer.php#/detail/340272062280313672_231348401″] When Walmart announced that it was selling the iPhone 5 for a discount, Best Buy’s profits took an immediate hit.Ann Zimmerman And Shelly Banjo at the Wall Street Journal report Best Buy lost $65,000 worth of profits on the first day Walmart announced discounts for the iPhone […]
[credit provider=”Walmart”] (Reuters) – Retail giant Wal-Mart Stores Inchas gone on the defensive against charges by competitors that a recent ad campaign is using inaccurate information, leading the competitors to file complaints with state legal officials.A Wal-Mart Stores spokesman defended the retailer’s ad campaign that claims to offer better prices […]
One of the arguments invoked by those who think we should keep assault weapons freely available in this country is that the Constitution says we have a right to own and buy them.
[credit provider=”Walmart.com” url=”http://www.walmart.com/ip/Sig-Sauer-M400-with-Prismatic-Scope/21677320″] Neil DeGrasse Tyson points out a bizarre dichotomy in America:Walmart sells assault weapons but bans music that contains swear words.
[credit provider=”Screengrab from David Quigley on YouTube” url=”http://www.youtube.com/watch?feature=player_embedded&v=2rPleC29A8w#!”] Semi-automatic rifles are sold out at many Walmart locations, Matt Townsend at Bloomberg Businessweek reports.”Searches of five kinds of semi-automatic rifles on Wal-Mart’s website showed them to be out of stock at stores in five states, including Pennsylvania, Kansas and Alabama,” writes […]
[credit provider=”CNBC screenshot”] Billionaire financier Ken Langone, the former director of the NYSE and financial backer of the Home Depot, graced us all with an hour-long appearance on CNBC’s “Closing Bell” with Maria Bartiromo today.One of the segments he co-hosted was about the latest NYT article on the alleged Walmart […]
[credit provider=”Screenshot via Google Streetview”] David Barstow and Alejandra Xanic von Bertrab at The New York Times wrote a lengthy expose on Walmart’s bribery scandal in Mexico.The story follows up on Barstow’s earlier story about what got Walmart in trouble in the first place. Investigators are looking into the world’s […]
[credit provider=”Mark Wilson/Getty Images”] As if Walmart wasn’t already having a rough day in the media, The New York Times just published a devastating piece on the company’s alleged habit of paying off Mexican officials to get what it wants.We’re not talking a few bucks here to get out of an inspection or a couple hundred […]
If you were wondering why you only saw ads for Walmart on Facebook’s mobile app over the Black Friday weekend, here’s the answer: Walmart pre-purchased a “road block” of 50 million Facebook mobile ads on the day after Thanksgiving, forcing other advertisers off a portion of the network for a […]
[credit provider=”California Public Interest Research Group” url=”http://www.calpirg.org/”] Good morning, AdLand. Here’s what you need to know today:According to Ad Age, Walmart, Kroger and two dozen other bidders are trying to win Hostess assets. If one of the retailers were to win, it’s safe to assume one won’t be able to find Twinkies […]
[credit provider=”Masayoshi Sekimura/Flickr” url=”http://www.flickr.com/photos/sekimura/5173495972/”] Hostess, which went out of business earlier this year, is attracting first-round bids from Walmart and Kroger, according to Bloomberg News. There are about two dozen bidders for the brand so far, reported Jeffrey McCracken and Beth Jinks.
[credit provider=”The Consumerist on Flickr ” url=”http://www.flickr.com/photos/consumerist/615462304/”] Fast food companies have among the worst pay gaps of any industry. While cashiers and cooks make around minimum wage, the chief executives of these companies can earn millions of dollars.
[credit provider=”Flickr/james_gordon_losangeles” url=”http://www.flickr.com/photos/james_gordon_losangeles/7436153482/”] Last night, Walmart CEO Mike Duke spoke at the Council on Foreign Relations in Manhattan. Outside, dozens of protesters picketed against his alleged bribery scandal, worker pay and treatment of animals.
Last night, Bloomberg LP President Dan Doctoroff asked Walmart CEO Mike Duke about how he paid employees.
Walmart CEO Mike Duke is one of the most powerful men in business.
[credit provider=”El Ángel Exterminador” url=”http://www.flickr.com/photos/mulucmx/3834810425/sizes/l/in/photostream/”] Walmart has realised that its consumers are going digital and is taking some big steps to overtake Amazon, its biggest online competitor. “I’m not going to be Chicken Little and tell you the company is going to go away if we don’t get the Internet and […]
[credit provider=”Sun-Art” url=”http://www.sunartretail.com/html/index.php”] China has a copycat Walmart that is blowing the big-box retailer out of the water.The retailer, Sun-Art, has succeeded in impressing customers where competitors like Walmart and Tesco have failed, because it understands the Chinese consumer, according to a report by Bloomberg.
[credit provider=”Flickr via walmartcorporate” url=”http://www.flickr.com/photos/walmartcorporate/5684811762/in/photostream/”] The relationship between consumers and big banks has been far from functional these last few years, but you know things have gotten rough when people would rather put their mortgage application in the hands of a Walmart cashier. One in three consumers said as much in […]
[credit provider=”andrewvdill via flickr” url=”http://www.flickr.com/photos/andrewdill/238682064/sizes/m/in/photostream/”] Walmart workers are striking for better wages, and for good reason.The largest U.S. employer pays an average of $8.81 an hour, placing workers well below the poverty line. The workers are asking for pay of $13 an hour, with better healthcare benefits.
[credit provider=”Walmart”] Walmart says its PR people will no longer communicate with the Huffington Post after the AOL-owned news site published too many innaccurate stories about the retail giant.The ban came as the Huffington Post published a critique of the company’s new healthcare plan.
[credit provider=”WikiMedia Commons” url=”http://commons.wikimedia.org/wiki/File:Costco_SSF_interior.JPG”] Big-box warehouse store Costco is often compared with Walmart’s Sam’s Club. Both stores are places where people go to buy in bulk and save money. But while Walmart employees are striking for higher wages and healthcare, Costco has among the happiest employees in the business. Costco also […]
Walmart may be the king of retail in the physical world, but on the internet, it’s still a challenger.Jeremy King, a Silicon Valley engineer who built key parts of eBay’s infrastructure, joined global retail titan Walmart in the summer of 2011 as CTO of Walmart.com.
[credit provider=”Walmart Stores/Flickr” url=”http://www.flickr.com/photos/walmartcorporate/5266815680/sizes/z/”] A suspected shoplifter died after Walmart employees in Lithonia, Georgia reprimanded and tackled him, reports Jill Vejnoska at the Atlanta Journal Constitution.The man, who eyewitnesses said was middle-aged, allegedly walked out of the store with two DVD players he hadn’t paid for on Saturday, according to the […]
[credit provider=”Associated Press”] This year’s Black Friday weekend broke records for the busiest ever, according to the National Retail Federation. A stunning 247 million people shopped online and in stores from Thursday through Saturday, the most ever, the NRF said in an emailed release today. That compares with 226 million last year.
[credit provider=”Screengrab from Al Jazeera” url=”http://www.aljazeera.com/news/asia/2012/11/201211252345672762.html”] Tragedy in Bangladesh after a garment factory caught on fire, killing more than 120 people, Syed Zain Al-Mahmood at The Wall Street Journal reports.The nine-story Tazreen Fashions textile factory, situated to the northwest of the capital Dhaka, is two years old and employed around 1,500 workers, […]
With Christmas shopping, strikes, and Black Friday, there’s been a new wave of anger directed at Wal-Mart.
[credit provider=”Neon Tommy via Flickr” url=”http://www.flickr.com/photos/neontommy/8058208275/”] Forget the stampeding shoppers, the half-priced waffle irons, or the pepper spray wielding wackos: barring a federal intervention, the main event this Black Friday could turn out to be a showdown between organised labour and its arch corporate nemesis, Wal-Mart. After organising the first retail workers’ strikes in […]
What happens when Walmart counts down to the unveiling of really cheap headphones on Black Friday?
[credit provider=”Flickr / Walmart Stores” url=”http://www.flickr.com/photos/walmartcorporate/5684720360/in/photostream/”] Walmart says this year’s Black Friday was its best ever, as huge crowds lined up to get the best promotions. “During the high traffic period from 8 p.m. through midnight, Walmart processed nearly 10 million register transactions and almost 5,000 items per second,” the company […]
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:2008-08-28_Black_Friday_shoppers_at_Wal-Mart.jpg”] Two Walmart shoppers near Seattle were hit in the parking lot by a suspected drunk driver last night. Police said the 71-year-old driver, who hasn’t been named, was arrested for vehicular assault after pinned a 45-year-old woman under his SUV, the Seattle Post-Intelligencer reported. The woman and […]
Black Friday tends to bring out the wild side in a lot of people.
[credit provider=”@DhanyaTweets” url=”https://twitter.com/DhanyaTweets/status/271795018468040704″] Walmart had its fair share of disasters on Black Friday last year. A screaming mob fought over a $2 waffle iron, a woman allegedly pepper sprayed a crowd so she could get an Xbox and people were sent to the hospital after being slammed to the ground in […]
[credit provider=”Flickr / Michael Holden” url=”http://www.flickr.com/photos/michaelholden/4148615984/in/photostream/”] Black Friday — well, Thursday — has kicked off.Shoppers are scrambling to get their hands on the best doorbuster deals as various big retailers open up for the most frenzied shopping weekend of the year.
It looks like the frenzy at Walmart stores across the country is going to be even crazier than ever this Black Friday.
The woman who punched a 70-year-old Walmart greeter in the face has been sentenced to five years in prison, USA Today reported.
Walmart just reported its Q3 financial results, and sales came in short of expectations.
[credit provider=”Flickr / Walmart Stores” url=”http://www.flickr.com/photos/walmartcorporate/5684881640/in/photostream/”] Today, Walmart reported weak results in the third quarter. Sales were up 1.3 per cent, compared with the 2.7 per cent that analysts expected. Walmart noted higher gas prices — because customers are paying more for fuel, they’re not going on as many shopping trips.
[credit provider=”Wikimedia Commons” url=”http://commons.wikimedia.org/wiki/File:GeneralElectricSign.jpg”] The rise of social media has not only changed the way we communicate with our friends and family, but also the way brands communicate with consumers. It is not enough for companies to simply make and then publicize an ad anymore. Companies now see that to be […]
[credit provider=”Walmart Stores/Flickr” url=”http://www.flickr.com/photos/walmartcorporate/5266815680/sizes/z/”] Walmart just announced its Q3 financial results.Click here for LIVE updates >
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[credit provider=”kk+ via Flickr” url=”http://www.flickr.com/photos/kk/5473266780/in/photostream/”] There really isn’t a good way to apply to jobs on mobile devices.There’s an “Apply with LinkedIn” button, but that’s best for individual listings inside the social network, not entire job boards hosted by large corporations.
Walmart employees filmed themselves destroying merchandise in a Kentucky Walmart, reports NBC station WLEX18. The video ended up on YouTube and went viral.
[credit provider=”MNKaren via flickr” url=”http://www.flickr.com/photos/mnkaren/2097115294/”] Walmart and its warehouse store Sam’s Club managed to send 7,000 generators to its stores in the Northeast that were in the path of superstorm Sandy at the last minute, reports Shelly Banjo at the Wall Street Journal.It was quite a feat, but how did […]
[credit provider=”Boxee”] Boxee will launch its new $99 TV in Walmart stores and online starting today.The new Boxee TV builds on the last generation, adding a DVR in the cloud service that lets you record live TV on Boxee’s servers for $15 per month. But early adopters will get three […]
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