Walmart

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Facebook Cracks Fortune 500 List

Walmart takes No. 1

(Newser) - Fortune released its annual Fortune 500 rankings today, determining once again which American companies are best at capitalism in 2013. Notable takeaways include:
  • Walmart reclaimed the No. 1 position with a revenue of $469.2 billion, sending oil companies Exxon Mobil ($449.9 billion), Chevron ($233.9 billion) and
...

McDonald's Is Most Visited Business in America

Nearly half of US consumers visited at least once last month, says study

(Newser) - Just how popular are the golden arches? So popular that nearly half of US consumers visited them last month, according to a new study spotted by the Consumerist . The study, from the new Placed Insights service, sought to determine which businesses Americans visit most. Fast food dominates the list, but...

End of an Era? Sears Portrait Studio Closes

Chain might try to find a new photographer

(Newser) - The digital age might have another victim: Sears has shut down its portrait studio, at least for now, after the photography company that has been snapping family portraits for the chain since 1959 abruptly closed up shop, reports the Wall Street Journal . CPI Corp. also ran studios at Walmart and...

Man Crashes Car Into Walmart, Attacks Customers

Police probing bizarre San Jose rampage

(Newser) - At least four people were injured when a man went on a bizarre rampage in a California Walmart yesterday. Witnesses said the man sped around the San Jose parking lot, sideswiping at least one other vehicle, before crashing his car into the store's front entrance, traveling about 20 feet...

Walmart's New Delivery Service: You

Retail behemoth looks to crowd sourcing for home delivery

(Newser) - If Walmart is too understaffed to stock its own shelves , how can it hope to move into home delivery? Turns out, the retail behemoth could be turning to people like you. Yes, Walmart is looking into crowd-sourcing home deliveries, paying its customers to deliver packages for them, reports Reuters . "...

Walmart's Problem: More Stores, Fewer Employees

Products, staff, customers disappearing from the aisles

(Newser) - Walmart's shelves are looking empty these days, and it's not because the product isn't available: The company simply doesn't have enough employees to restock them, store workers tell Bloomberg . The big blue retail behemoth has added 455 US stores over the past five years, but its...

Choking Driver Causes Huge Fireball Over Walmart

Crashes into propane tank

(Newser) - Police say man who choked on his food while driving caused a chain reaction that led to a fireball exploding over a Walmart in southwestern New Mexico. The Deming Headlight reports 61-year-old Robert Sheppard told police he was eating as he drove Saturday in front of the Walmart Superstore in...

Couple Sues Walmart Over Daughters' Bath Photos

They briefly lost custody after employees called police

(Newser) - An Arizona couple dropped off a memory stick of photos at Walmart to have them developed and lost custody of their three daughters for more than a month as a result. The reason? Some of the photos of the girls—ages 5, 4, and 1 at the time—were taken...

Florida Woman Pulls Gun at Walmart Over $1 Coupon

Mary Frances Alday in jail on multiple charges

(Newser) - Take Florida, add in Walmart, and you have a recipe for a bizarre crime story: This time around, a woman was arrested after pulling a gun on Walmart employees ... because they wouldn't take her coupon. The kicker: The coupon was only for $1 off. Mary Frances Alday reportedly got...

Obama Picks Sylvia Burwell as Budget Chief: Sources

Walmart Foundation head worked in Clinton's White House

(Newser) - President Obama has planned his next big nomination: Walmart Foundation chief Sylvia Burwell as budget director, Reuters reports. Sources say that Obama will name the 47-year-old veteran of Bill Clinton's White House tomorrow. On the upside, she directed philanthropic efforts from Wal-Mart's Arkansas headquarters, she brings an outsider'...

Man Arrested After Shooting at Walmart Shoplifter

He argues suspect was trying to run him over

(Newser) - Heroism is a thankless calling. Consider the plight of Jose Martinez. He was trying to do his civic duty by stopping a shoplifter, and he got arrested for his trouble. It all started when security guards caught 42-year-old Eddie McKee allegedly shoplifting groceries from a Florida Walmart. McKee ran for...

Walmart Hits Oreo-Loving Worker With Felony Charge

63-year-old fired, accused of theft

(Newser) - Walmart is slapping a former employee with felony charges after she allegedly ate the store's Oreo cookies on the job, The Smoking Gun reports. Penny Winters, 63, admits to munching on Oreos at the Indiana store but says she noticed an open bag and considered them a gift from...

Retailers: Payroll Tax Hit Is Going to Hurt

Nearly half of consumers say they'll spend less: survey

(Newser) - Major retailers are preparing for customers with less cash in their pockets, thanks in part to the newly restored payroll tax, the Wall Street Journal reports. Rising gas prices aren't helping, either. Some 45.7% of consumers plan to spend less in the face of 2% lower take-home pay,...

Top 10 Companies for 2013
 Top 10 Companies for 2013 
forecast

Top 10 Companies for 2013

Apple, of course, makes forecasters' list, along with Pfizer, Walmart

(Newser) - The prognosticators at 24/7 Wall Street are out with their annual predictions on which companies will be the most profitable in 2013. And, yes, Apple is expected to retain its No. 1 spot—by a wide margin. Here is the forecast with expected 2013 earnings, via MarketWatch .
  • No. 1: Apple,
...

Gun Protesters Target Walmart Near Newtown

Set to call for an end to assault weapons sales

(Newser) - Anti-gun protesters are taking their message to a Walmart store eight miles from Newtown. In a rally today, they'll call on the company—the largest gun retailer in the country—to stop selling assault weapons. Activist group Sum of Us will give Walmart a letter supporting the cause, along...

Walmart: We'll Hire Every Veteran Looking for Work

Company to announce ambitious hiring plan today

(Newser) - Walmart is set to make a pretty bold hiring announcement today: It plans to employ every veteran looking for work. The statement does, however, come with an asterisk—veterans must have left the military within the past 12 months and not have been dishonorably discharged. Still, the five-year plan, which...

Beware Crony Gun Control
 Beware Crony Gun Control 
OPINION

Beware Crony Gun Control

Matt Lewis is worried that Walmart is going to cut a deal with the administration

(Newser) - When President Obama took on health care, he wasted no time getting big business onboard, even managing to get big pharmaceutical companies to spend $70 million fighting US Chamber of Commerce attacks. And "if you substitute the name Walmart for Big Pharma—and the NRA for the Chamber of...

Target: OK, We'll Match Amazon Prices

Will also match prices of Walmart.com, BestBuy.com

(Newser) - Target is sick and tired of you walking out of its stores without buying anything—because you looked on your smartphone and found Amazon was cheaper. So its CEO today announced a new price-matching policy to combat the practice (known as " showrooming "), MarketWatch reports. Now, customers who...

Walmart: OK, OK, We'll Meet With Biden on Guns

Retailer initially declined invitation to gun safety talks

(Newser) - Meetings of Joe Biden's gun control task force start this week, and Walmart made headlines right off when it initially declined to attend. The retailer—the largest seller of guns and ammo in the nation—apparently couldn't find anyone in its huge organization who could make it to...

Sam's Club Recalls Smoked Salmon

Listeria concerns prompt move in 42 states

(Newser) - If they're serving smoked salmon at the New Year's Eve party, it might pay to find out where it's from. Walmart's Sam's Club is recalling packages sold in 42 states because of concerns about listeria, reports the LA Times . The product in question is from...

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