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Walmart News

Study: Walmart benefits from billions in taxpayer subsidies

A new study has found Walmart's low- and poverty-wage workers cost the U.S. government an estimated $6.2 billion per year, a case of massive corporate welfare paid for by American taxpayers.
In the Media by Brett Wilkins - 5 comments

Man is jailed 60 days for sucking on a woman's toe at a Walmart

The toe-sucking bandit has been sentenced in a North Carolina court to 60 days in jail for sucking an unwitting and unwilling women's toes in a Walmart in Lincolnton in March. The man met her in the shoe department and told her he was a podiatry student.
In the Media by Marcus Hondro

Wal-Mart launches price-slashing organic foods

New York - Wal-Mart announced Thursday a deal with organic foods pioneer Wild Oats to sell discounted organic products in its US stores, a move expected to shake up the booming sector.
In the Media by AFP

Walmart grows wholesale business in India

New York - US retail giant Wal-Mart Stores plans to add 50 new wholesale stores in India as it seeks growth in a key market where it has been unable to launch retail stores.
In the Media by AFP

Walmart sues Visa for $5 bn for rigging card fees

Washington - The world's largest retailer Walmart has sued credit card giant Visa for more than $5 billion for conspiring with banks to fix fees that merchants pay for accepting Visa card payments.In the suit filed this week in Arkansas, where Walmart is based, th...
In the Media by AFP - 1 comment

Wal-Mart entry into used videogames trade threatens GameStop

Wal-Mart Stores Inc will allow U.S. shoppers to trade in used videogames for anything from groceries to gadgets, a move that could dent the profit of GameStop Corp, the largest dealer of used videogames.
In the Media by Reuters

Flipkart, India's reply to Amazon, sees $1 bln sales

New Delhi - Flipkart, India's answer to US online giant Amazon, said Saturday its sales would cross the milestone $1 billion-mark this year, ahead of schedule, in the country's exploding e-commerce market.Founded in 2007 by two ex-Amazon.com employees and universi...
In the Media by Penelope Macrae (AFP)

Wal-Mart's China syndrome a symptom of international woes

Wal-Mart Stores Inc, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China.
In the Media by Nandita Bose and Adam Rose (Reuters)

Wal-Mart forecast disappoints as grocery business struggles

The struggles of the low-income U.S. consumer are playing out in Wal-Mart Stores Inc's grocery aisles.
In the Media by Phil Wahba (Reuters)

Gap to raise workers' hourly pay to $10 in 2015

Apparel retailer Gap Inc <GPS.N> said it would raise the hourly pay for its U.S.
In the Media by Reuters
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Walmart Blogs

On tools and dead peasants

Markets are tools. They are human inventions, created to serve human collective purposes. And just like a hammer can be...
Nov 1, 2012 by Steve Hayes

A Nation Should Have A Tax System That Looks LIke Some One Designed It On Purpose

William Simon long ago served as the U.S. Treasury Secretary, from 1974 to 1977 under both Nixon and Ford. He was being...
Jan 7, 2012 by Walter "Bruno" Korschek

The Terror Attack No One Cares About

"Terrorism is, by conventional definition, an attack on civilians intended to strike fear in the non-military...
Dec 4, 2011 by Johnny Simpson

Wal-Mart and its Scandal in China

The head of Wal-Mart Stores Inc's (WMT.N) China business has resigned citing personal reasons, after the world's...
Oct 17, 2011 by Nattavud Pimpa

Video: Ghost tractor causes mayhem in Ontario Walmart parking lot

Yep, Roll up, roll up! It's the Walmart tractor demolition derby. A powerful, driverless tractor switched on and going...
Apr 10, 2011 by Kev Hedges
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