WALMART

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Court strikes blow to Wal-Mart in sex bias suit

In a major blow to Wal-Mart Stores Inc, a sex-discrimination lawsuit against the retailer can proceed as a class-action case covering more than 1 million female employees, a U.S. court ruled on Monday.

Court lets Wal-Mart gender bias suit proceed

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A sex-discrimination lawsuit by female employees of Wal-Mart Stores Inc can proceed as a class-action case seeking back pay and other claims against the U.S. retailer, a U.S. appeals court ruled on Monday.
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Wal-Mart CEO pay down a year after stock award

Wal-Mart Stores Inc CEO Michael Duke received a compensation package worth a bit more than $19 million in the fiscal year ended in January, down from $28.2 million a year earlier when he received a big stock award related to his promotion to chief executive.
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Wal-Mart to slash grocery prices

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.
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Wal-Mart seen increasing grocery promotions

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.
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Shoppers leave Wal-Mart as economy improves

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.
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Opening up India retail? Don't hold your breath

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.
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Time for next stage of sustainable business

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.
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Bumpy ride for corporate giving amid recession

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.
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Wal-Mart increases annual dividend

Wal-Mart Stores Inc on Thursday said it raised its annual dividend by 11 percent, citing its strong underlying operations and free cash flow.
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Costco, BJ's miss profit estimates, Big Lots beats

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.
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Weak Walgreen sales may prompt analyst reviews

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.
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Snow may have slowed retail sales

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.
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Target profit rises in holiday quarter

Target Corp posted a quarterly profit slightly above Wall Street expectations, but investors had hoped for a bigger improvement and shares fell 1 percent.
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Wal-Mart buys Vudu in move into Web movies

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.
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Wal-Mart agrees to buy movie service Vudu: report

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.

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