Walmart cuts growth forecast as currency hampers sales

2016-02-18 15:27

Walmart Stores has lowered its annual sales forecast after the strong dollar pulled down the value of overseas revenue.

Walmart tops earnings estimates, CEO pursues shift

2015-11-17 16:15

Walmart has topped profit estimates and increased the low end of its annual forecast, a sign the retailer is making progress reining in costs.

Walmart, Amazon ready face-off over sales

2015-07-14 09:43

Walmart Stores has announced plans for a massive sale timed to compete with a big Amazon promotion.

UK supermarkets face possible probe

2015-04-21 10:30

Britain's embattled supermarkets face a probe by competition regulators after a UK consumer watchdog demanded an investigation into grocers' pricing practices.

Walmart, under pressure, boosts minimum US wage

2015-02-20 10:15

Walmart Stores says it would raise entry-level wages to $9 an hour, a 24% increase from the US minimum wage that some employees now earn.

Walmart ordered to pay over employee dispute

2014-12-17 09:00

The Pennsylvania Supreme Court has ordered Walmart to pay about $188m to settle a class-action lawsuit filed by employees.

Walmart spokesperson resigns

2014-09-16 09:04

Walmart's chief spokesperson has resigned after the company allegedly found that he lied about his academic record in his resume.

Tesco board comes under fire

2014-06-27 20:03

Tesco shareholders have berated the British retailer's board for the low share price, poor results and questioned whether the management knew what they were doing.

Morrisons to cut 2 600 jobs

2014-06-17 16:47

Morrisons, Britain's No. 4 grocer, has proposed changes to its store management structure that will involve around 2 600 redundancies.

Walmart's 'Made in USA' push shows strains

2014-06-05 08:42

Walmart's pledge to buy an extra $250bn in US-made goods over the next decade, appears to be just what was needed for American manufacturing.


Walmart’s Asda unveils more price cuts

2016-01-10 17:33

Walmart Stores Asda has pledged to invest an additional £500m in cutting prices, creating further upheaval for the UK’s largest supermarket chains.

UK's 'big four' grocers lose more ground

2015-07-28 12:30

All of Britain's so-called 'big four' supermarkets have seen sales fall over the last 12 weeks in an overall market that grew marginally.

Walmart pulls Confederate flag items after US church attack

2015-06-23 11:55

Walmart says it will remove Confederate flag merchandise from its stores as a debate rages around the banner seen by many as a symbol of racial violence in the wake of a deadly attack on a black church in Charleston.

Walmart joins growing US march on wage hikes

2015-02-27 13:45

Walmart, the largest retailer in the United States, is increasing wages, and economists are hoping to see a chain reaction.

US wage hikes to impact 1 434 Walmart stores

2014-12-24 09:20

Minimum wage increases across the United States will prompt Walmart Stores to adjust base salaries at 1 434 stores, impacting about a third of its US locations.

Walmart's chief merchandising officer to leave

2014-11-25 10:38

Walmart's chief merchandising officer is expected to announce his departure from the world's largest retailer just days before Black Friday.

Tracy Morgan sues Walmart over deadly crash

2014-07-12 17:19

Tracy Morgan has sued Walmart over last month's highway crash that seriously injured him and killed a fellow comedian.

UK's Sainsbury's goes Danish

2014-06-20 15:45

Sainsbury's has teamed up with Denmark's Dansk Supermarked to bring the Netto brand back to the UK and take on fast-growing German discount chains Aldi and Lidl.

Stylr app is Walmart tech lab's latest buy

2014-06-17 14:45

Walmart's tech lab has purchased shopping app Stylr as it pushes innovation in mobile apps.

Pressure mounts at Tesco as sales slide

2014-06-04 14:45

Britain's biggest retailer Tesco has recorded its worst quarterly sales drop in 40 years, ratcheting up pressure on boss Phil Clarke to show his turnaround plan.

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