Walmart

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Man Charged With Striking Stranger's Child

Annoyed by crying, Ga. shopper pledged to 'shut her up for you'

(Newser) - A Georgia man is being held on charges of felony cruelty to children after he slapped a stranger’s crying child in Wal-Mart, the Atlanta Journal-Constitution reports. Roger Stephens, 61, approached the mother and said, “If you don’t shut that baby up, I will shut her up for...

Your Lowly Penny Can Actually Buy Something

Retailers lure back to school shoppers with 1¢ gimmick

(Newser) - Retailers, scrambling to connect with the fragile consumer psyche, have turned to the lowly penny for a boost, offering everything from clothing to crayons for a single cent, the LA Times reports. Nearly taken out of circulation three years ago, the penny may be a lousy coin, but it’s...

New Kiss Disc to Land at Wal-Mart

Group becomes latest classic band to move merch through retailer

(Newser) - The deal was sealed with a Kiss: the heavy metal band is joining the ranks of classic bands releasing their music through Wal-Mart, the world’s biggest retailer, the AP reports. Their new collection, “Sonic Boom,” comes out Oct. 6 only at Wal-Mart and Sam’s Club; it...

Back to School Sales in Slump
 Back to School Sales in Slump 
Aug 15, 2009 5:20 AM CDT

Back to School Sales in Slump

(Newser) - Retailers are seeing the slowest back-to-school season in many years as consumers cling to their cash, the New York Times reports. Estimates on sales, an early indicator of how stores will fare in the holiday season, show declines of 3 to 8% from last year, which saw a 1% increase....

Wal-Mart Guns for Girl Scouts With Knockoff Cookies

(Newser) - Wal-Mart appears to be rolling out cheap knockoffs—well, “Great Value” replicas—of Girl Scout cookies, and that has one former “Cookie Mom” hopping mad. “The exclusivity of Girl Scout cookies is what makes the cookies really sell,” CV Harquail writes on Authentic Organizations. And now...

Business-World Divisions May Ease Path to Plan
Business-World Divisions May Ease Path to Plan
health care reform
Jul 23, 2009 10:07 AM CDT

Business-World Divisions May Ease Path to Plan

(Newser) - The US Chamber of Commerce launched an ad campaign this week opposing health-care reform, but businesses are hardly united against the administration's proposals, the Washington Post reports. Wal-Mart was a high-profile defector, as was temp firm Kelly Services; both back an employer mandate. And many small and medium-sized businesses are...

Wal-Mart Plans Eco-Rating Labels

(Newser) - Wal-Mart plans to begin asking suppliers to provide info on the environmental impact of their operations so the store can put so-called green rating labels on its products, the Wall Street Journal reports.The first cards probably won't appear for a few years, but given Wal-Mart's clout as the world's...

That Cheap Bookshelf Has a Global Cost
That Cheap Bookshelf Has
a Global Cost
Book Review
Jul 12, 2009 3:38 PM CDT

That Cheap Bookshelf Has a Global Cost

But new book finds it's not all China's fault and IKEA is a hypocrite

(Newser) - Though you might have hand-crafted antiques handed down from your grandparents, chances are your grandkids aren't getting their mitts on that wood-veneer bookshelf you just schlepped home from IKEA, writes Stephanie Zacharek for Salon. The modern desire for cheap, replaceable goods is a cause and a symptom of a global...

Ben Stein to Wal-Mart: Hands Off Civil War Battlefield

(Newser) - Ben Stein loves Wal-Mart—just don’t put one smack-dab in the middle of a historic Civil War battlefield in Orange, Va. The 1864 Battle of the Wilderness was a turning point in the conflict, Stein writes in the American Spectator, and the “battlefield is incredibly important environmentally and...

Wal-Mart Backs Plan to Make Employers Provide Coverage

(Newser) - President Obama has a big new supporter in his push for health-care reform: Wal-Mart. The nation's largest private employer reversed course today and told the White House it supports the idea of requiring large employers to provide health insurance to workers. Most large corporations, along with the US Chamber of...

Retailers Slash Selection in Response to Recession

(Newser) - A fundamental shift is going on in the consumer product world as retailers decide that less is more, the Wall Street Journal reports. Big national retailers are expected to slash selection by at least 15%, analysts say. Gone will be 30% of Kroger’s cereals, 20 of the 24 tape...

Wal-Mart to Create 22K More US Jobs

But retailer has slowed expansion

(Newser) - Wal-Mart plans to add 22,000 jobs to its US stores this year, down from last year's 33,800 new jobs in the face of slowed expansion. The retailer has gained market share from recession-minded consumers, but hasn't been immune to the downturn, and recently slashed 700 jobs in its...

Recession, Competition Imperil Malls

100 shopping centers could be 'dead' by year's end

(Newser) - A half-century-old American standby is ailing as shopping malls around the country struggle to stay afloat, the Wall Street Journal reports. Same-store sales in shopping centers fell 6.5% in the year ending March 31, and the biggest mall operator has seen sales drop 7.3%. Some 100 malls could...

Green Day Won't 'Censor' Album; Wal-Mart Won't Sell It

(Newser) - Wal-Mart isn’t selling Green Day’s new album because of explicit lyrics, and the band isn’t happy about it. “They won’t carry our record because they wanted us to censor it,” frontman Billie Joe Armstrong tells the AP. 21st Century Breakdown merits a parental-advisory label,...

Oil, Banks Steal 63 From Dow
 Oil, Banks Steal 63 From Dow 
MARKETS
May 15, 2009 3:13 PM CDT

Oil, Banks Steal 63 From Dow

(Newser) - Markets were off today on falling oil prices and a poor showing from the financial industry, the Wall Street Journal reports. The S&P energy index fell 2.4% and Bank of America, Pfizer, and Wal-Mart also saw declines. General Motors, whose low share price no longer significantly affects markets,...

Tech, Banks Push Dow Up 46
 Tech, Banks Push Dow Up 46 
MARKETS
May 14, 2009 3:16 PM CDT

Tech, Banks Push Dow Up 46

(Newser) - Markets climbed today on good performance by technology stocks and a rebound in the financial sector, the Wall Street Journal reports. A key bank index, which dipped earlier as financials sold stock to raise capital, was up almost 4%. The retail sector continued to struggle, with Wal-Mart off 1.9%....

Revamped Dollar Stores Cash In on Recession

More food, cleaner aisles lure shoppers

(Newser) - When the recession sent pinched consumers hunting for bargains, dollar stores were ready. Cluttered aisles of cheap treasures have been replaced with stocked fridges and neat rows of mustard and canned beans. Half of US households now shop at dollar stores monthly, and 18% more $100,000-plus households started frequenting...

Stocks Flat as Jobless Ranks Grow
 Stocks Flat as 
 Jobless Ranks Grow 
Market Open
May 14, 2009 8:53 AM CDT

Stocks Flat as Jobless Ranks Grow

(Newser) - Stocks crept slightly higher today, with the Dow up 22 points and the Nasdaq and S&P up 10.42 and 2.48 respectively. Wal-Mart gained 1% on an earnings report precisely in line with expectations, and Kohl’s better-than-expected number sent it up 2%. But any optimism was offset...

Stocks Up on Sunny Jobs Data
 Stocks Up on Sunny Jobs Data 
Market Open
May 7, 2009 8:43 AM CDT

Stocks Up on Sunny Jobs Data

(Newser) - Stocks were up again this morning, after promising unemployment numbers, the Wall Street Journal reports. The Dow rose 53 points, while the Nasdaq and S&P advanced 0.5% and 1% respectively. Wal-Mart reported a strong quarter, pulling retail stocks higher, while banks shot up ahead of stress test results....

Exxon Retakes Top Spot in Fortune 500

Wal-Mart slips to second in 'worst-ever' year for the 500

(Newser) - Exxon Mobil snagged a whopping $443 billion in revenue to unseat Wal-Mart from the top spot in this year's Fortune 500 list, CNN reports. The two behemoths thrived on jacked-up oil prices and the recession respectively, but the picture was a lot bleaker for most of the rest of the...

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