WALMART

Shopping carts are seen outside a new Walmart Express store in Chicago

Walmart Express debuting in Chicago on Wednesday

Wal-Mart Stores Inc (WMT.N) is opening its first small store in Chicago on Wednesday as it tests a format it hopes will allow it to penetrate urban markets that have resisted its huge stores.

Amazon's Stock Zooms; Analysts Remain Bullish

Amazon
Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.

Walmart Express hits Chicago

IBTimes Logo
Wal-Mart Stores Inc is opening its first small store in Chicago this week in the first true test of a store format the world's largest retailer hopes will let it penetrate urban markets that it so far has had trouble cracking.
More news
IBTimes Logo

Goldman Sachs fights bias lawsuit, cites Wal-Mart

Goldman Sachs Group Inc said a recent landmark decision throwing out a class-action lawsuit against Wal-Mart means it should not face a wide-ranging case accusing it of systematic bias against women.
IBTimes Logo

Wal-Mart to once again share U.S. store data

Wal-Mart Stores Inc will no longer keep a tight lid on its U.S. sales data after agreeing to share information with outside research firms to help it better understand how and why customers make choices.
IBTimes Logo

Wal-Mart to give its U.S. store data to Nielsen

Wal-Mart Stores Inc has agreed to give its U.S. store data to Nielsen Holdings NV , bolstering an industry benchmark that has long lacked insights into sales at the world's largest chain.
Carlos Slim Helu (& family) - Mexico

The World's 10 Richest Billionaires in 2011 [PHOTOS]

The 2011 Billionaires List (25th annual Ranking) compiled by the Forbes Magazine has broken two records. First, the total number of listed billionaires (1,210) and the combined amount of their wealth ($4.5 trillion).scarlett johansson wallpaper, utorrentbleach wallpaper...
Leonard Green buying BJ's Wholesale Club for $2.8 billion

Wholesale Club War: BJ's vs. Costco

Leonard Green & Partners and CVC Capital Partners have agreed to buy BJ's Wholesale Club for $2.8 billion. The move is expected to pit BJ's in more direct competition against Costco in the wholesale club wars as the firms push BJ's, in only 15 states to growth.
IBTimes Logo

U.S.-India seek financial revamp

Talks to modernize India's financial sector and allow major retailers like Wal-Mart into the country's vast consumer market opened on Tuesday between top U.S. and Indian financial officials.
IBTimes Logo

Wal-Mart hikes branded diabetes drug prices-study

Big-box retailers Wal-Mart Stores and Kmart, pioneers in the push to cut consumer prices for generic drugs, have been raising prices for the most popular brand-name diabetes drugs, according to a new study.
IBTimes Logo

Walmart gives $25 million to students; draws criticism

Wal-Mart Stores Inc and its foundation said on Thursday that it had committed $25 million to help provide food, education and jobs for children during school summer break, but opponents of the retailer's urban expansion plans questioned its motives.
Best Buy will reduce the size of its superstores over the next five years.

Best Buy Not Ready for Dead

Best Buy to use cash hordes no longer needed to repurchase $5 billion in stock. The company increases its quarterly dividend 7%. Best Buy will reduce square footage in its big box stores over the next five years.
Plaintiff's case against Wal-Mart thrown out

Wal-Mart Bias Suit Win One for Corporate America

The U.S. Supreme Court ruling places new limits nationwide on class-action suits. Companies facing similar suits to benefit from the ruling include Cigna Corp., Goldman Sachs Inc., Bayer AG, Deere Co., and Costco Wholesale Corp. The case one of the most important for U.S. businesses in a decade.
Women protesters hold signs in front of the Supreme Court

Supreme Court Rules for Wal-Mart In Gender Bias Suit

The Supreme Court today rejected a class action lawsuit alleging systematic discrimination against women in Wal-Mart's hiring and promotion practices, potentially reshaping standards for class action lawsuits.
IBTimes Logo

Target workers at New York store reject union

Workers at a Target Corp discount store in New York voted to reject union representation in what would have been the first unionized Target store in the country, while union officials vowed to press for another election.
IBTimes Logo

Leonard Green, CVC to submit bid for BJ's Wholesale

Private equity firm Leonard Green & Partners said it has teamed up with CVC Capital Partners to submit a proposal to buy BJ's Wholesale Club Inc , the latest in a flurry of deal activity in discount retail.
IBTimes Logo

Walmart U.S. CEO: small stores are winners so far

After hitting a couple of easy layups by opening small stores in its home state, Wal-Mart Stores Inc is ready to take some more difficult shots that will show whether it can win over shoppers from small towns to big cities, a top executive said on Wednesday.
IBTimes Logo

Wal-Mart seeks to reassure investors on growth

Wal-Mart Stores Inc is trying to reassure employees and investors on Friday that the company can reach out to shoppers online, on their phones and in small and large stores to drive growth.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.