Mike Duke's strategy for Wal-Mart Stores may seem like a page out of the past, but he's focused clearly on the future. In remarks at the company's annual meeting in June, the chief executive officer of the world's largest retailer detailed his vision for reaching a “next generation customer.” More
HAYWARD, Calif. — The city council here voted Wednesday to deny Wal-Mart the permits necessary to build a Neighborhood Market in this Northern California city....More
NEW YORK — Two proxy advisory firms here said Wal-Mart shareholders should vote against several board nominees, including Mike Duke, chief executive officer, and Lee Scott, the company's former CEO....More
BENTONVILLE, Ark. – Wal-Mart Stores plans to install solar panels on top of more than half of its roughly 50 Massachusetts stores as early as August, according to a report in the Boston Globe....More
BENTONVILLE, Ark. — Price investments in food and other consumables helped drive sales growth at Wal-Mart Stores in the first quarter, but also pressured profit margins at the world’s largest retailer....More
LOS ANGELES — A Wal-Mart employee here has launched an online petition calling for two of the company's top executives to resign at next month's annual meeting....More
BENTONVILLE, Ark. — A bottled water called HumanKind that donates all net profits to clean drinking water in under developed communities is the grand prize winner of Wal-Mart’s “Get on the Shelf” contest for inventors, as voted by the public....More
WASHINGTON — Wal-Mart has agreed to pay $4.8 million in back wages and damages to more than 4,500 employees nationwide following an investigation by the U.S. Department of Labor's Wage and Hour Division that found violations of the federal Fair Labor Standards Act's overtime provisions....More
BENTONVILLE, Ark. — At its 2012 Sustainability Milestone Meeting here this month, Wal-Mart Stores executives defended the company against charges that it has failed to meet its sustainability goals, and pointed out areas where it is making progress....More