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News Archives
Big-Box News
San Diego City Council Votes 5-3 to Ban "Big Box" Facilities
The Wall Street Journal this morning reports that the San Diego City Council voted 5-3 to ban the building of stores larger than 90,000 square feet that use 10 percent or more of their space to sell groceries not subject to sales tax.
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Presence of Communists grows at Wal-Mart China
BEIJING: Employees at Wal-Mart's China headquarters have set up a Communist Party branch, the company and the party said Monday, as part of a campaign by the party to expand its presence in foreign companies.
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Wal-Mart workers win
Posted 01-22-07 - By Boston Herald Editorial Staff - Don’t look now, but big bad Wal-Mart is at it again. Exploiting its workers, you assume?
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Will Wal-Mart sell electricity one day?
Posted 01-28-07 - Company enters power industry to cut costs at Texas stores. Wal-Mart now has the infrastructure to sell electricity to Texas consumers. That could change the game in a deregulated state where high prices have become a hot political issue - By ELIZABETH SOUDER / The Dallas Morning News
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Predicting the Next Wal-Mart
Posted 01-24-07 - "I know no way of judging of the future but by the past." -- Edward Gibbon - It earned the name "category killer," a term used for large companies that put less efficient merchants out of business. When this retailer went public in 1978, it soon became No. 1 in the market. Independent shops closed their doors, unable to compete with the growing colossus. - By John Reeves, The Motley Fool
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Wal-Mart RFID Hits Road Block
Posted 02-17-07 - Wal-Mart Stores hits a road block in its move into printed Radio Frequency Identification (RFID) tags. The retail giant once hoped to have up to 12 of its roughly 120 distribution centers using RFID technology by January 2006, reports the Wall Street Journal. But so far it has installed the technology at just five, plus 1,000 stores. Wal-Mart expects to add another 400 stores this year.
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First Bank of Wal-Mart?
By Emil Lee November 20, 2006 To approve or not to approve, that is the question. Wal-Mart's (NYSE: WMT) recent application to form an industrial loan corporation (ILC) has caused such a stir that the Federal Deposit Insurance Corporation (FDIC), the regulatory body that insures deposits from bank defaults, effectively decided not to decide for six months, which helped it buy time to try to figure out what the heck it's going to do. Let's take a look at some of the key facts and issues.
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Class Action Status Allowed In Kentucky Wal-Mart Suit
Catlettsurg, KY A judge has granted class action status in a lawsuit filed by a former Wal-Mart employee who is suing the discount chain, claiming he was required to work through breaks without getting paid.
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Who Does How Much Business With Wal-Mart? Options Trading on Wal-Mart Supplier Index to Begin
Posted 12-19-2006 NEW YORK--(BUSINESS WIRE)--The International Securities Exchange (NYSE: ISE), in collaboration with Revere Data LLC, today announced the development and launch of the ISE-Revere Wal-Mart Supplier Index (Ticker: WMX). This unique, relationship-based index allows investors to track the overall price performance of companies that derive a significant portion of their revenues from supplying Wal-Mart Stores Inc., the world’s leading retailer. The index value is accessible from leading market data vendors as well as on the ISE website. ISE plans to list options on the index in the coming weeks. Click "Read More" to see who does how much business with Wal-Mart.
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Wal-Mart Pushing Ahead to Require Suppliers 'Chip' Products with RFIDs
Posted 02-24-07 - Retail 'wave of the Future' Dragging Some Suppliers Reluctantly Along
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Wal-Mart bank: Ruling due?
Posted 01-09-07 - FDIC to lift its freeze, may have answer on Utah plan By Steven Oberbeck - the Salt Lake Tribune
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How Costco Became the Anti-Wal-Mart
Posted 01-29-07 - JIM SINEGAL, the chief executive of Costco Wholesale, the nation's fifth-largest retailer, had all the enthusiasm of an 8-year-old in a candy store as he tore open the container of one of his favorite new products: granola snack mix. "You got to try this; it's delicious," he said. "And just $9.99 for 38 ounces." - By STEVEN GREENHOUSE
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My Year At Wal-Mart
Posted 02-02-07 - Business Week Online - How marketing whiz Julie Roehm suffered a spectacular fall in 10 short months
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'Wal-Mart Is Saving America,' Authors Say
Posted 02-05-07 - ( - Despite frequent and vocal complaints from critics of the world's largest retail chain, Wal-Mart "has arguably done more to help ordinary Americans, especially the poor and disadvantaged, than any other institution in our society," according to the authors of a new book being released nationally on Monday - By Randy Hall Staff Writer/Editor
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Wal-Mart TV sells marketers flexibility
Posted 03-29-07 - In mid-March, about three dozen people recruited from New York City sidewalks were treated to a private concert by country crooner Tim McGraw at a Times Square studio. While the audience was impromptu, the performance was part of a carefully planned production by Frito-Lay with McGraw and Wal-Mart Stores (WMT).
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Wal-Mart Shifts RFID Plans
Posted 02-26-07 - (Computerworld) -- Though Wal-Mart Stores Inc. expects the number of its stores using radio frequency identification systems to reach 1,000 in April, the retailer has come under fire from some analysts and users for failing to meet its plan for installing the technology in its distribution centers.
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It’s Not Only About Price at Wal-Mart
Posted 03-02-07 - For 44 years, Wal-Mart’s message was “Low prices, always.” Stephen Quinn is Wal-Mart’s new chief marketing officer. Then in early 2006, it invited customers to “Look beyond the basics,” and try costlier products like 500-thread count sheets - New York Times
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Wal-Mart Goes Chainwide with POP in Bid to Cut Payment Costs
Posted 04-18-07 - Rejected by many retailers, the point-of-purchase electronic-check code has one fan that really counts: Wal-Mart Stores Inc., the world’s largest retailer. Bentonville, Ark.-based Wal-Mart expects the last 300 of its approximately 3,400 U.S. Wal-Mart locations to go live with the automated clearing house payment option next Monday.
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