Walmart

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Feds Target Walmart Bribery Scam in Criminal Inquiry

Company could face 'incredibly high' penalties

(Newser) - Walmart is under criminal investigation by the Department of Justice over allegations that it doled out millions in bribes to Mexican officials in order to grow its business there more quickly, sources tell Bloomberg and the Washington Post . The US Foreign Corrupt Practices Act prohibits companies from paying foreign officials...

Walmart Shares Dive After Bribery Report

Probe into Mexican bribes expected to slow expansion

(Newser) - News that Walmart execs quashed a probe into bribes paid by its Mexican subsidiary sent the company's shares tumbling nearly 5% yesterday, wiping around $10 billion off the company's market value. The stock of its Mexican subsidiary, which is accused of paying officials $27 million to speed up...

Wal-Mart Silences $27M Bribery Probe
Walmart Silences $27M Bribery Probe

Walmart Silences $27M Bribery Probe

Company execs scuttle investigation into Mexican payoffs

(Newser) - Looks like Walmart stores blew past their competition in Mexico by doling out millions of dollars in bribes—and, when the scandal came to light, sweeping it deftly under the rug, the New York Times reports. Former Walmart de Mexico executive Sergio Cicero Zapata revealed the payoffs in 2005, triggering...

Here's a Study Walmart Is Sure to Hate

Researchers see correlation between stores, hate groups

(Newser) - Researchers have spotted a correlation between the number of Walmarts in a county and the number of local hate groups. Indeed, the number of stores appeared more significant than other area characteristics—unemployment, poor education, and high crime—commonly associated with hate groups. The researchers from Penn State, New Mexico...

Walmart Grabs Bigger Slice of Chinese Market

With online retail surging in China, competition on the rise

(Newser) - Walmart is stepping up its presence in China, buying 51% of online retailer Yihaodian, reports the Financial Times . Walmart has more than 350 stores in China, but relatively little presence online. And with China's online retail market expected to grow five-fold to $105 billion over the next two years,...

Girl, 7, Foils Would-Be Kidnapper at Walmart

Thomas A. Woods charged with attempted kidnapping

(Newser) - Scary security footage from a Georgia Walmart shows a man attempting to snatch a 7-year-old girl, who manages to get away from him. Authorities have charged Thomas A. Woods, 25—who was on parole after a conviction of voluntary manslaughter—with attempted kidnapping, the AP reports. The girl, whom the...

Guy Pays Walmart Tab With $1M Bill
 Guy Pays 
 Walmart Tab 
 With $1M Bill 


in case you missed it

Guy Pays Walmart Tab With $1M Bill

Store employees weren't buying it

(Newser) - He definitely wanted to keep the change: Cops have charged a North Carolina man after he attempted to pay a $476 Walmart tab ... with a $1 million bill. Seems that 53-year-old Michael Fuller bought a vacuum, microwave, among other items, and forked over the bill when it came time to...

Walmart Shopper Slugs 70-Year-Old Greeter: Cops

Greeter asked to see her receipts

(Newser) - A Walmart shopper in upstate New York slugged a 70-year-old store greeter who asked to look at the woman's receipts as she left, according to authorities. Jacquetta Simmons, 26, has been arrested and charged with two counts of assault for the attack that fractured the greeter's face and...

Man Robs Store on &#39;Shop With a Cop&#39; Night
Man Robs Store on
'Shop With a Cop' Night
brainiac dept.

Man Robs Store on 'Shop With a Cop' Night

It didn't go well for David Sherman, 49

(Newser) - We don’t want to imply that there’s a right time to shoplift, but there’s definitely a wrong one, and that wrong one is on "Shop With a Cop" night. David Sherman, 49, tried to make off with a $79 DVD player from a Nebraska Walmart on...

Walmart Pulls Formula After Baby's Death

Missouri newborn's death may have been caused by tainted formula

(Newser) - Walmart has pulled a batch of powdered infant formula from stores nationwide after the death of a newborn boy in Missouri. The retailer says customers who bought 12.5-ounce cans of Enfamil Newborn powder with the lot number ZP1K7G can return them for a refund or exchange. No government recall...

Secret Santas Wipe Away Strangers' Layaway Debts

Anonymous donors clearing accounts at Kmarts, Walmarts

(Newser) - A nice fad this holiday season: Secret Santas are going around to Kmarts and Walmarts and paying off the layaway accounts of random strangers. It's happening all over, including stores in Nebraska, Michigan, Iowa, Indiana, South Carolina, and Montana. The AP , NPR and Time round up examples of the...

Black Friday Pepper Sprayer May Sue Walmart

Woman accuses store of lax security

(Newser) - It's the perfect ending, really: The woman who doused fellow shoppers with pepper spray at a California Walmart on Black Friday may sue the store, reports ABC News . Elizabeth Macias, 32, says she had to use the pepper spray only because the store didn't provide enough security and...

Walmart Pepper Spray Suspect Surrenders

And Target shopper dies, ignored by Black Friday shoppers

(Newser) - A woman who may have pepper-sprayed Walmart shoppers over an Xbox purchase yesterday turned herself in last night but refused to discuss the details, the AP reports. Hours after pepper spray was used in the "competitive shopping" incident, an unidentified woman showed up at an LA-area police station—and...

VIDEO: Walmart Black Friday Shoppers Riot Over $2 Waffle Makers
Black Friday Shoppers Riot Over $2 Waffle Makers
plus more videos

Black Friday Shoppers Riot Over $2 Waffle Makers

Plus, more pepper spray

(Newser) - The Black Friday craziness continues: Mashable points to a truly terrifying video of Walmart shoppers completely losing it over a display of $2 waffle makers. Mediaite , meanwhile, spotted the second video in the gallery below, in which police officers reportedly deployed pepper spray on over-enthusiastic Walmart shoppers in North Carolina....

Woman Pepper-Sprays Rival Shoppers at Walmart

Twenty people injured in chaos

(Newser) - Pepper spray isn’t just for subduing protesters—it also can help you snag some sweet Black Friday deals. A woman at a Los Angeles-area Walmart sprayed her fellow customers several times last night, in what police deemed an act of “competitive shopping,” the LA Times reports. “...

Meet Your New Doctor: Walmart
 Meet Your New Doctor: Walmart 

Meet Your New Doctor: Walmart

Retailer continues push to, apparently, take over everything

(Newser) - Walmart: First it replaced your bank , now it wants to replace your doctor. The retailer says it intends to "dramatically ... lower the cost of healthcare ... by becoming the largest provider of primary healthcare services in the nation," according to a recent request for information sent to potential health...

Beneficiary of All That Banking Hatred? Walmart

Americans turn to MoneyCenters' a la carte services

(Newser) - Americans who are mad as hell and not going to take banks' outrageous fees anymore are heading straight to ... that little mom 'n pop shop known as Walmart, reports the New York Times . The retail juggernaut—which four years ago ditched plans to get a banking charter amid an...

Female Workers Hit Walmart With New Class-Action Suits

Colossal nationwide suit split into regional cases

(Newser) - Four months after the Supreme Court decided that 1.5 million past and present female workers at Walmart couldn't be lumped together in a single class-action suit , the first of what promises to be a flood of fresh lawsuits have begun. The original plaintiffs—who say they were denied...

Walmart Slashes Health Care Benefits

Cites concerns over rising costs

(Newser) - America’s largest employer is scaling back its health benefits, jacking up premiums for full-time workers by as much as 40% and eliminating coverage altogether for many part-timers, Walmart told employees this week. The company blamed rising costs for the move, telling the New York Times that it has nothing...

Walmart&#39;s Layaway Plan Preys on the Desperate
Walmart's Layaway Plan Preys on the Desperate
OPINION

Walmart's Layaway Plan Preys on the Desperate

Consumers are reeling from the loss of easy credit

(Newser) - Good news everybody: Layaway is back! Walmart recently announced that it was bringing back its program, allowing customers to hold items for two months for a mere $5 fee. That may sound like a swell deal for Americans who can’t get credit, writes Louis Hyman in the New York ...

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