Wal-Mart Stores Inc will cut food prices and mount a new ad campaign over the next six weeks, a threat to other U.S. grocers that sent an industry shares index down more than 2 percent on Friday.
Wal-Mart Stores Inc will dramatically increase its promotions over the next six weeks, a Morgan Stanley analyst said on Friday, calling it a major setback for U.S. grocers.
As the U.S. economy improves, more of the shoppers who flocked to Wal-Mart to save money during the recession are moving back to the stores they frequented before, a new survey showed on Friday.
Plans by Carrefour, the world's No.2 retailer, to open its first cash-and-carry outlets in India are a sign of optimism in the country's $450 billion retail sector, but foreign investors and some officials want more -- an easing of the country's tough investment rules.
Corporate America needs to track its use of energy and resources as closely as it does its hiring and cash flow if it wants to keep pace with social concern about climate change and other sustainability issues, an activist U.S. investor group argues in a new report.
Wal-Mart Stores Inc has put roughly 300 items back on its U.S. store shelves after the retailer said it disappointed customers by not stocking certain products.
Giving by U.S. companies endured the worst recession in decades with mixed results as some pared back philanthropy in the face of tough times, others increased budgets and most predicted a steady 2010.
U.S. retailers posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts.
U.S. retailers posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts.
Wal-Mart Stores Inc on Thursday said it raised its annual dividend by 11 percent, citing its strong underlying operations and free cash flow.
A revival of consumer cost concerns did not boost results enough for the biggest U.S. warehouse clubs, as margin constraints weighed on Costco Wholesale Corp , while BJ's Wholesale Club Inc faced pricing pressure from rival supermarket chains.
Warehouse club operators Costco Wholesale Corp and BJ's Wholesale Club Inc posted quarterly earnings below Wall Street estimates, hurt by falling food prices.
When Dell Inc reported its fourth-quarter results last month, the announcement included a surprising figure -- an 81 percent jump in the PC maker's China sales during the quarter.
Top U.S. drugstore chain Walgreen Co is expected to post a third month of weak sales when it issues February data on Wednesday, which could put pressure on its shares and lead some analysts to review their profit expectations.
Record snow along the U.S. East Coast and other regions likely muted retail sales in February, limiting increases in what was expected to be an easy month for retailers to show big gains over last year.
Target Corp posted a quarterly profit slightly above Wall Street expectations, but investors had hoped for a bigger improvement and shares fell 1 percent.
The Japanese unit of Wal-Mart Stores said on Tuesday that it would actively seek opportunities for mergers and acquisitions as a way to grow.
Wal-Mart Stores Inc will buy the fledgling Vudu online movie on-demand service, in a deal expected to close within weeks and pit the world's largest retailer against the likes of Netflix Inc.
Wal-Mart Stores Inc will buy the Vudu movie service in a deal that puts the world's largest retailer in competition for online delivery of films with the likes of Netflix Inc, the New York Times reported on Monday.
Quarterly sales at Wal-Mart stores in the U.S. fell for the first time in the giant retailer's history.
Wal-Mart Stores Inc posted a drop in holiday sales at U.S. stores and gave a disappointing profit outlook, casting doubt on its ability to keep shoppers won in the recession.