Wal-Mart fears challenges ahead
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The world's biggest retailer, Wal-Mart, reports higher profits but says this year will be challenging.
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Wal-Mart Stores Inc. chief executive Lee Scott led a media charge Thursday to counter criticism that the world's largest retailer is a behemoth that takes advantage of its workers and stifles competition.
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Although Wal-Mart was expecting its top suppliers to use radio tagging technology to ship goods by Jan. 1, the technology is not yet ready.
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Wal-Mart Stores Inc.  can no longer remain sheltered in its Bentonville, Arkansas, headquarters while potentially costly lawsuits pile up, Chief Executive Officer Lee Scott said on Wednesday.
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After a record-setting quarter, the retailer expects momentum to slow.
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The relationship between Wal-Mart's chief executive and entrepreneur Irwin Jacobs, a vendor to the world's largest retailer, is taking some heat.
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Wal-Mart chief executive Lee Scott led a media charge yesterday to counter criticism that the world's largest retailer is a behemoth that takes advantage of its workers and stifles competition.
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Wal-Mart is a magnet for employee complaints about off-the-clock work, and faces lawsuits in more than 30 states.
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NEW YORK -- The relationship between Wal-Mart's chief executive and entrepreneur Irwin Jacobs, a vendor to the world's largest retailer, is taking some heat.
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Wal-Mart Stores Inc.  said on Thursday it expects little improvement in December sales at its stores open at least a year as it struggles with disappointing demand for clothing and home decor.
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Lately, the company's retail operation has been lagging behind sales of its locations.
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Wal-Mart Stores Inc. is warning Web sites that leak its Black Friday ads before Nov. 19 that they could face legal action.
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Wal-Mart Stores Inc.  on Monday said it still expects a 2 percent to 4 percent increase in September sales at its U.S. stores open at least a year, and back-to-school demand picked up after a sluggish start.
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Wal-Mart continues to show slow sales growth, but it isn't resting on its laurels.
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Wal-Mart's big expansion plans look for non-domestic dough.
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NEW DELHI/MUMBAI  - Executives from U.S. retail giant Wal-Mart toured Indian stores on Thursday as they work on a deal that could change the face of the country's $300 billion retail sector and has sparked fears of mass job losses.
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Wal-Mart Stores Inc. investors will be focused on the retailer's forecast for its new fiscal year and indications as to when sales at its U.S. store base may finally strengthen when the world's largest retailer reports fourth-quarter results on Tuesday.