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IBM wins $251.7M contract from Carrefour
IBM Corp. said Monday it signed a five-year agreement with French retailer Carrefour SA to improve and manage its information technology infrastructure for euro180 million, or $251.7 million.
PriceSmart not a buy after Q3 results
Filed under: Earnings reports , Wal-Mart , Costco Wholesale PriceSmart , an operator of warehouse clubs in Central America and the Caribbean and headquartered in San Diego, announced results for the third quarter on Friday.
Wal-Mart's new Supermercado concept could be huge
Filed under: Competitive strategy , Wal-Mart Wal-Mart Stores, Inc. continues pushing right ahead in the middle of the current recession.
Social media touted as avenue for customers
Almost everyone knows that social media Web sites such as Facebook and Twitter can provide a deluge of information.
Illinois Hedge Fund Fed More Than $2 Billion to Ponzi Scheme, SEC Charges
The U.S. Securities and Exchange Commission sued an Illinois hedge-fund manager over claims he fed more than $2 billion in client assets to an alleged Ponzi scheme run by Minnesota businessman Thomas Petters .
New Wal-Mart store to open in a
A laborer on Thursday completes finishing touches to the new Bangor Wal-Mart. Located at 900 Stillwater Ave., the store is scheduled to open at 7 a.m. Wednesday, July 15.
Wal-Mart woos Hispanics with new Supermercado
Lifting her 2-year-old daughter Shayla into a shopping cart at the Supermercado de Walmart here in Phoenix, Elizabeth Hernandez searches for just the right words to describe her feelings.
Public Mobile, Wal-Mart in Talks on Selling Unlimited Call Plans in Canada
Public Mobile Holdings Inc. , a new Canadian wireless carrier, is talking to Wal-Mart Stores Inc.
Feeling the heat: U.S. retailers suffered poor June sales
Stores like Costco have watched their same-store sales falter in the face of rising unemployment and bad weather.
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Wal-Mart support for mandate no 'victory'
Wal-Mart Stores Inc. recently told the White House it supports requiring employers to provide health insurance for workers.
Matrics Secures Venture Financing: Group Investing $20 Million in Columbia Company Includes Carlyle
Matrics Inc., a Columbia-based company specializing in radio-frequency identification technology, announced yesterday that it has received $20 million in financing from a group of investors led by venture capital giants Carlyle Group, Novak Biddle Venture Partners and Polaris Venture Partners.
For a glimpse at how the retail landscape has changed since this recession began in December 2007, look no further than the annual list of the nation's largest retailers.
The city notifies Wal-Mart that one of its dead stores is a nuisance
The defunct Sam's Club on U.S. Highway 40 isn't taking deliveries anymore - legally, anyway.
An Investment Thesis That's Right on Target
Target Corp. , incorporated in Minnesota in 1902, operates as two reportable segments: retail and credit card.
June sales likely rained out for U.S. retailers
Unseasonable weather and consumers without the stimulus boost they received last year were expected to have dampened U.S. retail sales in June, analysts said.
Wal-Mart: Store of Value in a Shaky Economy
Zacks looks for EPS of $3.56 and $3.89 for FY 2009 and 2010 respectively, up from FY 2008's $3.42. The dividend was raised 15% in the June quarter to an annual rate of $1.09 giving WMT shareholders a decent and well covered 2.28% current yield.
Wal-Mart endorses employer cover mandate
While a major change in position, Wal-Mart Stores Inc.'s endorsement last week of an employer health care coverage mandate is unlikely to have much effect on whether federal lawmakers include a mandate as part of reform legislation, lobbyists and others say.
Wal-Mart's reverse course of health care
Whatever the company's motive, retail behemoth Wal-Mart Stores Inc. made health-care reform significantly more likely last week by throwing its weight behind a requirement that all employers provide health coverage.