Retailers report sales declines for September as shoppers worry about jobs, tight creditOctober 8th, 2009 Retailers report September sales declinesNEW YORK — Early September reports from retailers show weak sales as shoppers cut back on fall clothing purchases amid worries about jobs and tight credit. As stores announce their results, Thursday, teen retailers Wet Seal Inc.
Wal-Mart will promote locally grown apples in October and offer discounts on apple productsOctober 2nd, 2009 Wal-Mart will discount apples in OctoberBENTONVILLE, Ark. — Wal-Mart Stores Inc., the world's largest retailer, said Friday it will offer discounts on apples and apple products on four days in October and promote locally grown apples.
Wal-Mart Stores will offer 100 toys for $10 during holiday seasonSeptember 30th, 2009 Wal-Mart to offer 100 toys for $10 during holidaysBENTONVILLE, Ark. — Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will offer more than 100 toys at $10 during the key holiday season.
Analyst expects growth in emerging markets to drive earnings, sales for Wal-Mart StoresSeptember 21st, 2009 HSBC tags Wal-Mart Stores with 'Outperform' ratingNEW YORK — Wal-Mart Stores Inc.'s expansion in fast-growing emerging markets will fuel earnings and revenue growth, an analyst said on Monday, while giving shares of the world's largest retailer an "Outperform" rating. HSBC analyst Francisco Chevez said Wal-Mart will continue expanding in emerging markets, such as Brazil, India, China and Russia, eventually, by 2011.
Packaged food companies benefit from being stocked at Wal-Mart, analyst saysSeptember 9th, 2009 Wal-Mart presence benefits food makers: analystNEW YORK — Packaged food companies benefit from their products being stocked at Wal-Mart Stores Inc., in addition to traditional grocery stores, an analyst said Wednesday. In a note to investors, BMO Capital Markets analyst Kenneth Zaslow said the economic climate has led more and more shoppers to discounters.
Wal-Mart announces addition of other vendors to Walmart.com; expands offering by 1 millionAugust 31st, 2009 Wal-Mart links with online providersLITTLE ROCK, Ark. — Walmart.com is adding about 1 million items to its Internet site by teaming up with a number of other vendors.
Wal-Mart recalls 1.5 million Durabrand DVD players after reports of overheating, firesAugust 20th, 2009 Wal-Mart recalls 1.5 million Durabrand DVD playersWASHINGTON — Wal-Mart Stores Inc. is voluntarily recalling about 1.5 million Durabrand DVD players after the company said it received five reports of the products overheating, leading to fires and property damage.
20 Sears toys will offer toys on Saturday from Hasbro, Mattel and other toy makersAugust 12th, 2009 Sears to offer toys in 20 storesHOFFMAN ESTATES, Ill. — Sears Holdings Corp., the retail chain lead by chairman and hedge fund financier Eddie Lampert, said Wednesday it will begin to offer toys in 20 of its Sears stores starting Saturday.
Wal-Mart announces new $15B share repurchase program at annual meetingJune 5th, 2009 Wal-Mart announces $15B share repurchaseFAYETTEVILLE, Ark. — Wal-Mart Stores Inc.
Same-store sales results for May, by sectorJune 4th, 2009 Same-store sales results for May, by sectorHere are May same-store sales results for chain retailers, by sector, expressed as a percentage increase or decrease over the same month last year. — Drug stores
Rite Aid Corp.
Wal-Mart, touting impact in tough economy, says it will create 22,000 jobs in 2009June 4th, 2009 Wal-Mart says it will create 22,000 jobs in 2009BENTONVILLE, Ark. — As Wal-Mart Stores Inc.
Bharti, Wal-Mart defer launch of first wholesale storeMay 25th, 2009 NEW DELHI - India's Bharti group and Wal-Mart, the world's largest retailer, have postponed the launch of their first cash-and-carry or wholesale store in Amritsar following the violence in Punjab over the death of a Sikh leader in Vienna. The launch was scheduled for Tuesday, but was deferred after a Sikh religious leader died in the Austrian capital Monday following an armed attack at a gurdwara the previous day.
Wal-Mart set to open its first Indian wholesale outletMay 21st, 2009 NEW DELHI - Wal-Mart, the world's largest retailer, is set to open its first wholesale or cash-and-carry store in India next week and has chosen Amritsar as the location to kick-start the venture, company officials said. The US-based giant has also decided to call its cash-and-carry venture BestPrice Modern Wholesale to offer retailers bargains that would eventually benefit end consumers, the officials added.
Wal-Mart reports flat 1st-quarter profit, revenue hurt by stronger dollarMay 14th, 2009 Wal-Mart reports flat 1st-quarter profitLITTLE ROCK, Ark. — Wal-Mart Stores Inc.
Wal-Mart Stores same-store sales rise 5 percent in April, ahead of expectationsMay 8th, 2009 Wal-Mart Stores says April same-store sales riseBENTONVILLE, Ark. — Wal-Mart Stores Inc., the world's largest retailer, said Thursday that sales of Easter merchandise and higher traffic helped April same-store sales rise 5 percent, ahead of expectations.