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Wal-Mart
Wal-Mart News
Amazon job hiring
12 Oct 2017
Amazon to hire 1,20,000 workers in the US for holiday season
Department store operator Target Corp was the most bullish employer for the holiday season, hiring 43 percent more temporary workers this year than last year.
Wal-Mart
23 Aug 2017
Google and Walmart team up to take on Amazon
Wal-Mart, the world`s biggest retailer, and Google, the internet`s predominant search engine, are teaming up in an attempt to challenge Amazon`s growing dominance in online shopping.
US companies
12 Apr 2017
US firms like Apple, Microsoft, Wal-Mart stashed $1.6 trillion in tax havens: Oxfam
Poverty-fighting organisation Oxfam America said the sum for 2015 was a USD 200 billion increase over the prior year.
Wal-Mart
09 Aug 2016
Wal-Mart buying Jet.com to lift online sales, battle Amazon
Wal-Mart Stores Inc , vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup.
US shooting
14 Jun 2016
Suspect shot amid reported shooting at Wal-Mart in Amarillo, Texas
A suspect has been shot and is apparently dead after officers responded today to a reported shooting inside a Wal-Mart store in Amarillo, Texas, police said.
Wal-Mart
16 Jan 2016
Wal-Mart to shut 269 locations, to affect 16,000 employees
The move includes Wal-Mart`s largest-ever single culling in the United States, where the company is closing 154 stores. The other 115 stores are in Latin America, including 60 in Brazil.
Wal-Mart
10 Dec 2015
Wal-Mart launches mobile wallet ''Walmart Pay''
Wal-Mart Stores Inc launched its own mobile payment service `Walmart Pay` on Thursday, potentially dealing a sharp blow to the ambitions of CurrentC, a beta-stage mobile wallet the company had been co-developing with a consortium of retailers.
Wal-Mart
10 Dec 2015
Wal-Mart's China imports cost 400,000 U.S. jobs during 2001-2013
Wal-Mart Stores Inc`s import of goods from China led to the loss of over 400,000 jobs in the United States between 2001 and 2013, according to a report from a US-based non-profit think tank.
Central Vigilance Commission
25 Nov 2015
CVC examines Wal-Mart's top executives over corruption charges
Top executives of the US-based world's biggest retailer Wal-Mart have been examined by Central Vigilance Commission (CVC) amid allegations that the company gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.
Wal-Mart
04 Nov 2015
CVC summons Wal-Mart India head over graft charges
It is for the first time that the probity watchdog has started investigation involving a private company.
Wal-Mart
27 Oct 2015
Wal-Mart eyes drone home deliveries
Wal-Mart is actively looking at the possibility of using drones to make deliveries to US customers, a spokesman said Monday, following the lead of Amazon and other retailers.
Wal-Mart
19 Aug 2015
Wal-Mart's drug problem: Pharmacy business drags on profit
The company warned that the margin squeeze would continue for at least the remainder of the year.
Amazon Inc
24 Jul 2015
Amazon's value surpasses Wal-Mart after surprise 2Q profit
It's official: Amazon is bigger than Wal-Mart. Amazon shares surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.
Wal-Mart
23 Jul 2015
Wal-Mart buys out China e-commerce firm Yihaodian in online push
Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.
Wal-Mart
05 Jun 2015
Wal-Mart names son-in-law of Rob Walton as new chairman
The change is effective as of the end of the company`s annual shareholders` meeting today, near the company`s headquarters in Bentonville, Arkansas.
Wal-Mart
29 Apr 2015
Wal-Mart to expand China store network by nearly a third after growth stalls
"Our aim is to become an integral part of China`s economy," Chief Executive Doug McMillon said at a news conference in Beijing on Wednesday. "China is a top priority."
Wal-Mart
19 Feb 2015
Wal-Mart to spend $1 bln to raise US wages this year
Wal-Mart Stores Inc , long criticised for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million US employees this year.
Wal-Mart
24 Oct 2014
Wal-Mart India appoints Murali Lanka operations chief
The world`s largest retailer has 20 wholesale outlets in India and plans to roll out 50 more over four to five years.
Wal-Mart
08 Oct 2014
Wal-Mart raises healthcare costs, cuts benefits for some part-timers
Brian Yarbrough, an analyst at Edward Jones, said the decision by Wal-Mart could force other retailers to rethink what benefits they provide.
Wal-Mart
14 Aug 2014
Wal-Mart profit pressured by flat US same-store sales
Wal-Mart Stores on Thursday posted a slight profit rise for its fiscal second quarter, as the world`s largest retailer struggles with weak US same-store sales.
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