Tagged as Business

RSS

Week in Wal-Mart News


Wal-Mart continues to test their Latino thread of stores, hoping it will spark more U.S. expansion.

It’s official a Wal-Mart will be built on a Civil War battle field.  But Preservationists say that the Wal-Mart Civil War battle is not over yet.

Wall Street Journal looks at Wal-Mart’s international growth and sales compared to the U.S.  Wal-Mart operates 3,615 stores internationally and 4,258 in the United States.

Wal-Mart also spent $2.6 million lobbying in the 2nd quarter.

Reblog this post [with Zemanta]

Wal-Mart, messes up sales tax in second state, makes another false claim in new Ad…

A national Ad group has told Wal-Mart Stores yesterday that it should stop running TV ads claiming customers can save $700 a year by shopping its stores. This is not the first time Wal-Mart has been told to stop making claims like these in advertisements.

Wal-Mart has also named a new diversity officer.

Wal-Mart is also having yet another ‘sales tax mishap‘, overcharging customers, this time in Missouri. If you remember this was previously an issue in Connecticut.

Lee Scott, the former chief executive officer of Wal-Mart Stores, called on attendees at the CIES World Food Business Summit here on Friday to join the Global Social Compliance Program to help ensure that suppliers are adhering to local wage and environmental regulations.

Why Wal-Mart needs the Employee Free Choice Act.

Reblog this post [with Zemanta]

Supermarket News: "Wal-Mart denies interest in reported Manhattan sites"

Virgin Megastore on Oxford StreetImage via Wikipedia

Despite Supermarket News reporting this morning that Wal-Mart has declined interest in the Circut City and Virgin Megastore sites, Wal-Mart did acknowledge their continued interest in the “Jewel” of retail, New York City.

Retail, Wholesale and Department Store Union President Stuart Applebaum called the move opportunistic:
“We don’t need Wal-Mart to take a advantage of an economic crisis to sneak into New York and drive down standards and wages,” he said.

He’s right, the last thing this city needs is for Wal-Mart to continue to take advantage of the recission. Reports have surfaced in the past few weeks of their strategy to take advantage of the recession in order to “sneak” into cities, they’ve done so in Chicago and now California.

NYC Rumors

Gothamist: “Reverend Billy to send Wal-Mart back to lake of hellfire

Reblog this post [with Zemanta]

Sign the letter to the new Wal-Mart CEO

Today, Wal-Mart has a new CEO. Mike Duke has the historic opportunity to turn the page, and finally start doing things the right way at Wal-Mart. Sign our open letter of support to Wal-Mart workers, outlining what their new boss can do – starting today – to let them live better, too. We’ll be posting the letter on our website, and sending it to every employee that we talk with — and we’ll make sure to send Mike Duke a signed copy as well.

Follow this link to sign the letter: http://action.walmartwatch.com/page/s/mikeduke

Reblog this post [with Zemanta]

Bruce Springsteen: "It was a mistake." (Doing business with Wal-Mart)

A portrait of Bruce SpringsteenImage via Wikipedia

In the New York Times Sunday Bruce Springsteen expressed his regret on having his new album for sale exclusively at Wal-Mart.

“given its labor history, it was something that if we’d thought about it a little longer, we’d have done something different.” He added, “It was a mistake….”

You can read the entire piece here.

Reblog this post [with Zemanta]

Wal-Mart Daily News…Bruce Springsteen regrets business with Wal-Mart

CHICAGO - SEPTEMBER 26:  Wal-Mart employee Mic...Image by Getty Images via Daylife

Bruce Springsteen regrets the deal he made with Wal-Mart….

Bruce Springsteen calls his exclusive Wal-Mart deal a “mistake”…“given its labor history, it was something that if we’d thought about it a little longer, we’d have done something different.”

Netflix, the Web’s No. 1 video rental service, and Wal-Mart are being accused in a class-action lawsuit of unfairly setting prices for their rental services.

More violence at Wal-Mart.

A woman was found dead at Wal-Mart in Albany.

Reblog this post [with Zemanta]

Weekly Wal-Mart News, Tax loopholes close, Lee Scott for Universal Healthcare and a new private label line.

NILES, IL - AUGUST 15:  A construction crew wo...Image by Getty Images via DaylifeYesterday Lee Scott addressed the National Retail Federation in New York City, urging cooperation to solve the nations health care crisis.

Lee Scott, the outgoing chief executive officer of Wal-Mart Stores, asked business leaders to embrace such initiatives as universal health care, renewable energy and immigration reform during a presentation to attendees at the National Retail Federation’s Big Show here yesterday.

He [Lee Scott], also sees a new consumer mindset.

Local retailers throughout China are teaming up to battle Wal-Mart.

The recession finally hits Wal-Mart.

The first Wal-Mart neighborhood market opened in Virginia…They also opened one in Florida today.

Wal-Mart also continues to violate Connecticut state tax laws, even after promising to comply.

The Animal Defence League of Canada is celebrating a “major victory” after Wal-Mart Canada agreed to pull a type of Chinese-made slippers that contained real rabbit fur from its shelves.

Another Wal-Mart Tax loophole may come to an end, this time in West Virginia.

The UFCW is gearing up for their Wal-Mart battle in Canada.

More info on Wal-Mart’s new private label line “the Wal-Mart Great Value line”

And if that’s not enough Wal-Mart news, they’re also on the verge of setting up shop in Russia.

Reblog this post [with Zemanta]

Wal-Mart still not good for NYC

A study released yesterday by the non-profit Fiscal Policy Institute shows that retail is the industry sector that employs the biggest chunk of the 1.3 million low-wage workers in this city — that is, workers earning less than $13 per hour. Nearly half of these 176,000 low-wage retail workers earn less than $10 an hour, and the majority lack health insurance.


This re-affirms our belief that Wal-Mart’s business ethics and practices are not good for our city. There is more to life than cheap underwear.

Happy Holidays everyone.

Reblog this post [with Zemanta]

Headlines…

A typical Wal-Mart discount department store i...Image via Wikipedia
Wal-Mart refused to allow a Salvation Army Volunteer to ring his holiday bell inside the store in the midst of a blizzard.

Wal-Mart may try to open a second Chicago store

An Arab- and Muslim-American man filed a $12 million lawsuit Thursday against a Wal-Mart store that caters to his community — saying employees discriminated against him and fired him because of his background.

About 150 workers at a Wal-Mart store here became the ninth group of Canadian Wal-Mart employees to be granted union certification, the United Food and Commercial Workers Union said Thursday.
Read more of this story

Reblog this post [with Zemanta]