Wal-Mart's Unbanking Business
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Nearly 40 million people don't have traditional checking accounts, and the retailing giant is ready to serve that untapped financial market
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Wal-Mart Stores Inc. WMT.N, the  world's biggest retailer, suffered another blow to its star  status on Wednesday when a leading U.S. investment bank  downgraded the company's stock.
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When you can take on Wal-Mart and survive, no one thinks of selling your stock.
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Wal-Mart Stores Inc. , the world's biggest retailer, launched a national advertising campaign on Thursday to burnish an image tarnished by allegations that it discriminates in hiring and promotions and drives smaller rivals out of business.
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The move is a reversal of fortune that could open the door for other banks to recoup losses.
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Not many companies report record sales and earnings and then watch their share prices fall. But that is what happened to Wal-Mart Stores yesterday.
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By Anonymous  Last month, Wal-Mart Stores Inc. presented a $15,000 check to the Northern Tier Regional Planning and Development Commission (NTRPDC) to help fund a project to remove flood debris from area waterways in the Northern Tier region.
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Wal-Mart Stores Inc.  said on  Wednesday that it will open 1,000 Wal-Mart MoneyCenters, which  will offer low-cost money services like check cashing and money  transfers, by the end of 2008.
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Disastrous service can turn off customers and investors.
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Wal-Mart Stores Inc.  said on Wednesday that it will open 1,000 Wal-Mart MoneyCenters, which will offer low-cost money services like check cashing and money transfers, by the end of 2008.
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Wal-Mart Stores Inc. WMT.N, the   world's biggest retailer, is trying to boost sluggish sales   gains by dropping its one-size-fits-all approach to retailing,   The Wall Street Journal reported on Thursday.
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Wal-Mart said it had ended the business because Hewlett-Packard, a chief technology partner, had decided to discontinue essential infrastructure for the service.
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Bank of America Corp. yesterday laid off hundreds of workers at Fleet bank branches across the Northeast as the North Carolina bank began to implement its brand of ...
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By Sandra Jones and Bruce Japsen, Chicago Tribune  Sep. 22--In an aggressive move to win over consumers that also threatens to shake up the $250 billion pharmaceutical business, Wal-Mart Stores Inc.
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The U.S. House Financial Services Committee plans a March 22 hearing on whether to close the federal banking loophole that allows retailers such as Wal-Mart Stores Inc. and Home Depot Inc. to operate banks, sources familiar with the matter said on Friday.
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-- Wal-Mart will start selling prepaid Visa debit cards that don't require a credit check or bank account, the company said Wednesday.
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Wal-Mart is expanding its financial services, offering check cashing and money orders along with a new prepaid debit card in its ongoing effort to persuade shoppers to spend more time and money in its stores.