When Wal-Mart named Doug McMillon to replace retiring CEO Mike Duke eight months ago, it was only a matter of time before Walmart U.S. chief Bill Simon left in search of greener…
Paul Ausick Chinese regulators have closed down a local meat supplier following a TV report that the company was mixing meat that had passed its expiration date with fresh meat and using other unsanitary…
The speeding tractor-trailer big rig owned by Walmart that last month collided with a limo occupied by comedian Tracy Morgan was equipped with a collision-avoidance system that allegedly failed to function.
In four large population states, the number of Walmart stores is half or less the average. Unless Walmart can boost its market penetration there, it will have serious difficulty posting sales growth.
ThinkstockIf the forecast for retail sales growth is accurate, U.S. retail same-store sales will rise 4.9% in June, marking the largest monthly gain since January 2013. Including comparable store sales already reported…
An improving job market has not helped Walmart's sales. Has the jobs recovery has hidden a lack of consumer spending or is Walmart losing its place as the largest retailer in America?
Most media and analyst forecasts call for the Dow Jones Industrial Average (DJIA) to remain at about 17,000, or for it to plow ahead toward 20,000. The June jobs reports was good…
Daimler AGAt an event in Magdeburg, Germany, last week, Daimler showed off its fully functioning, self-driving truck operating at real-world speeds on a section of the country’s famous autobahn. Daimler claims the…
Paul Ausick ThinkstockWe might have a little trouble defining what we mean when we say that a brand is “patriotic,” but the fact is most Americans know it when they see it. Or at…
Walmart unexpectedly slashed what it charges for Apple iPhone 5 models. Is this because the iPhone 6 is on its way, or has iPhone 5 demand dropped sharply and only discounts can…
thinkstockJune 26, 2014: Markets opened lower for a fourth straight day on Thursday and spent much of the day trying to reach the break-even line. Claims for jobless benefits fell slightly last…
Ikea is one of the retailers and fast-food companies that recently decided to raise its minimum wage. McDonald's and Walmart remain the largest holdouts.
Wikimedia CommonsOf the 30 stocks in the Dow Jones Industrial Average, a nearly infinite combination of their advances could put the index over 17,000 for the first time. The Dow stands at…
thinkstockJune 18, 2014: Markets opened lower on Tuesday and spent most of the day waiting to see what the FOMC would do and say. After the announcement equities got the wind at…
Walmart has stores in all 50 states, but it does not have stores in some of the country’s largest cities, including New York City, San Francisco, Detroit, Seattle and Boston.
