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Wal Mart Stores News

News on Wal Mart Stores (Ticker: WMT) continually updated from thousands of sources around the net.

4 hrs ago | South China Morning Post

Amazon in Shanghai, Wal-Mart in drugstores

Amazon's move into the Shanghai FTZ and Yhd's winning of an online drug license play on their global clout, as they try to differentiate themselves from bigger domestic rivals Doug Young has lived and worked in China for 15 years, much of that as a journalist for Reuters writing about Chinese companies.

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Related Topix: Amazon, Retail, Blog News, Internet, Science / Technology, Media, IT Services, Audible

Thu Aug 21, 2014

The Globe and Mail

Look to Hong Kong data for a glimpse into global retail troubles

If you want any more evidence that commerce has been globalized, just cast a glance at Wall Street this morning where analysts have been scanning the half-year financial figures published by a Chinese trader, Li & Fung, hoping to glean some wisdom about the future of Main Street, USA.

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Related Topix: Transportation, Li and Fung, Logistics, Retail

WLEX-TV Lexington

Officer In Wal-Mart Shooting Involved In 2010 Case

A police officer on leave after the fatal shooting of a man at a Wal-Mart store also was involved in a 2010 fatal shooting in which he was not indicted after evidence showed he acted in self-defense, authorities confirmed Thursday.

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Related Topix: Retail, Life, Self Defense, Beavercreek, OH, Criminal Defense Law, Law

Barron's

Sears: A Downward Spiral

Sales at Sears fell to $8.01 billion, below analyst forecasts for $8.13 billion and the 30th consecutive quarterly decline .

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Related Topix: Briefing.com, Startups, Media, Retail, Target

The Republic

Deals only a click away for back-to-school season

It's mid-August, and parents are scrambling to outfit their kids with backpacks, gadgets and jeans as the clock winds down toward the first day of school.

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Related Topix: Family, Kids, Watches, Retail, Target, Office Equipment, Staples

Seeking Alpha

Wal-Mart's New Initiatives To Boost US Sales

Wal-Mart has been testing a new technology to advance front-end operations to improve the experience of shoppers in the US.

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Related Topix: Retail

The Globe and Mail

Dollar General questions motives of Family Dollar CEO

In this Tuesday, July 29, 2014 photo, customers enter a Family Dollar store on Plaza Boulevard, in Kinston, N.C. Theres now a bidding war for Family Dollar, with Dollar General offering about $9.7-billion for the discounter in an effort to trump Dollar Trees bid of $8.5-billion.

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Related Topix: Dollar General, Retail, Kinston, NC, Family Dollars Stores

AmericanBankingNews.com

Wal-Mart Stores (WMT) - Investment Analysts' Recent Ratings Updates

Wal-Mart Stores received a number of ratings updates from brokerages and research firms in the last week: Wal-Mart Stores was downgraded by analysts at Jefferies Group from a "buy" rating to a "hold" rating.

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Related Topix: Retail, Investment Banking, Financial Services, Jefferies Group, Investment Services

Wed Aug 20, 2014

Reuters

UPDATE 1-Staples says weakness in core office supplies hurting sales

Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink and toner in North America amid stiff competition from online retailers and big-box chains.

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Related Topix: Office Equipment, Staples, Retail

Plastics News

Enor expanding in S.C., moving toy production to U.S. from China

Enor Corp. already makes toys sold at Wal-Mart Stores Inc. It is building a new plant in South Carolina and transitioning all production to the U.S. from China.

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Related Topix: Retail, Fairfield County, SC, Winnsboro, SC

KIMA

Target cuts outlook as breach fallout lingers

Target Corp. slashed its annual profit outlook for the second time in three months as the retailer continues to reel from costs related to a massive data breach, a botched expansion in Canada and sluggish sales in the U.S. The nation's third-largest retailer also said Wednesday that its second-quarter earnings dropped 61.7 percent.

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Related Topix: Target, Retail

Philly.com

Target cuts annual outlook as breach fallout lingers

Target Corp. slashed its annual profit outlook for the second time in three months as the retailer continues to reel from costs related to a massive data breach, a botched expansion in Canada and sluggish sales in the U.S. The nation's third-largest retailer also said Wednesday that its second-quarter earnings dropped 61.7 percent.

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Related Topix: Target, Retail

Reuters

Target cuts full-year profit forecast

Target Corp reported a 62 percent drop in second-quarter profit and cut its full-year earnings forecast as it resorts to price cuts to attract cash-strapped consumers and win over shoppers unnerved by a massive holiday-season data breach.

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Related Topix: Retail

Seeking Alpha

PetSmart: Sit And Stay

Shares of PetSmart have soared on speculation of a sale to private equity, which seems increasingly likely in light of recent announcements by management.

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Related Topix: Retail, PETsMART, Pets

Seeking Alpha

Here's How I Remixed Into Verizon And Wal-Mart For Permanently Higher Dividends

National Oil Varco is an excellent company with a reasonable dividend, but sometimes it makes sense to remix your investments depending on your goals.

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Related Topix: Verizon Communications, Telecom, Retail, Verizon, IT Services

Tue Aug 19, 2014

Myrtle Beach Online

Op-ed | Food stamps' $80 billion secret spending program

Imagine a government program that has exploded in size, is the subject of bitter partisan haggling and spends almost $80 billion a year in secret.

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Related Topix: Agriculture, Science, Big Box Retailers, Retail, US News, United States Department of Agriculture, Opinion, Education

The Plain Dealer

Wal-Mart video shows Ohio shopper was killed by cop 'without...

An attorney for the family of a man fatally shot by police at a Wal-Mart store said Tuesday that surveillance video of the shooting shows it was unjustified, and the state's top lawman said a special grand jury will begin considering whether charges are appropriate against the officers.

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Related Topix: Retail, Beavercreek, OH

Benzinga

Wal-Mart's Woes In Attracting Clients No Different From Luxury Retailers

When asked to comment on how the retailer's core customer is adapting to the challenging economy, Wal-Mart's former president and CEO of Wal-Mart U.S. Bill Simon told Reuters, "We've reached a point where it's not getting any better, but it's not getting any worse - at least for the middle and down."

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Related Topix: Retail, Family Dollars Stores, Federated Department Stores, Nordstrom, Apparel

AmericanBankingNews.com

Wal-Mart Stores Receives Consensus Rating of "Hold" from Analysts

Shares of Wal-Mart Stores have received an average recommendation of "Hold" from the twenty-three analysts that are currently covering the stock, AnalystRatingsNetwork reports .

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Related Topix: Retail

The City Wire

Wal-Mart's low price fixation leads to new private label

Wal-Mart Stores, a self-proclaimed low cost retailer, is investing in a new private label brand aimed at wooing bottom-dollar customers from ALDI and Dollar General.

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Related Topix: Retail, Marketing

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