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Walmart

  • Judge Approves Winn-Dixie Sale of 26 Leases, Thousands of Prescription Records

    JACKSONVILLE, Fla. - A U.S. bankruptcy judge yesterday approved Winn-Dixie's sale of prescription records to 10 different companies, supplying the retailer with about $16.5 million on the second day of a series of hearings that ends today. The sale of 11 supermarket leases was also approved earlier in the day, with more leases expected to be approved today. On Wednesday the judge approved Winn-Dixie's sale of 15 leases for $18 million.
  • Wal-Mart to Nearly Double Stores in China

    BENTONVILLE, Ark. -- A senior official at Wal-Mart Stores, Inc. here said yesterday the global retailer aims to have 90 units in China by the end of next year, according to an Associated Press report.
  • Wal-Mart Tests Hydrogen Fuel Cell Powered Electric Lift Trucks

    BENTONVILLE, Ark. -- As part of its exploration of environmentally sound, cost-cutting technology, Wal-Mart Stores, Inc.'s logistics subsidiary recently completed Alpha hydrogen fuel cell product field trials at its Missouri distribution center, in which the company used fuel cell power systems for its electric lift trucks.
  • Many Retailers Have Summertime Blues: VNU Retail Index

    NEW YORK -- Supermarket operators continue to stay up at night over pressure from new competition, while continuing confusion over gas pricing has C-stores up in arms, according to the retailers that participated in VNU's Retail Index panel in June.
  • Former Wal-Mart Exec Sues for Defamation

    BENTONVILLE, Ark. --A former Wal-Mart executive who filed a whistleblower lawsuit against the retailer earlier this year has now sued the world's biggest retailer for defamation.
  • Wal-Mart Debuts Experimental Supercenter

    BENTONVILLE, Ark. -- Wal-Mart's newest supercenter, in McKinney, Texas, which opens today, will also serve as an experimental store, according to the world's largest retailer, which adds that the location "could profoundly change the way the retail industry designs, constructs, and manages facilities as it relates to the environment."
  • Tampering Scare Hits Stores in Town Near Phoenix

    SURPRISE, Ariz. -- A mentally unstable man arrested earlier this week here for the possession of three pipe bombs told police he tampered with baby food products and returned them to local retailers, alarming area consumers and retailers in the area in what might turn out to have been a costly hoax.
  • Wal-Mart Tops Fortune Global 500 for 4th Year

    NEW YORK -- For the fourth year in a row, Wal-Mart topped Fortune magazine's Global 500, ahead of other top ten contenders BP, (Britain), Exxon Mobil (U.S.), Royal Dutch/Shell Group (Britain/Netherlands) and General Motors.
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