Walmart

CHICAGO - Wal-Mart Stores Inc. on Monday said that its June sales remained on track as consumers stocked up on soup and hot chocolate instead of fans and air conditioners, prompted by cooler-than-normal U.S. weather, reports Reuters.

SEATTLE - Microsoft Corp. says it will develop software and services that will help retailers, manufacturers and distributors use radio tags to track and manage goods within stores and factories, reports Reuters.

FAYETTEVILLE, Ark. - Lee Scott, president and CEO of Wal-Mart Stores Inc., used the company's annual meeting Friday to address accusations that it treats employees unfairly, saying managers who don't follow company policy need to find work elsewhere, according to an Associated Press report.

Texas-based Lowe's Markets succeeds and grows in a tough market by putting faith and family first.

A high-flyer of the Nineties, the chain has been stung by competition, the economy, and its own acquisitions. Now it's focusing on business fundamentals to revitalize its top and bottom lines.

MARTINEZ, Calif. - Contra Costa County in California is considering a ban on super-sized retailers such as Wal-Mart that sell major nonfood items alongside grocery items, reports the Contra Costa Times.

BENTONVILLE, Ark. -- Wal-Mart Stores said today it expects its May same store sales to increase between one and three percent.

CHICAGO - Wal-Mart Stores Inc. on Friday said it agreed to sell its McLane grocery distributor business to Warren Buffett's Berkshire Hathaway Inc. for about $1.5 billion, reports Reuters.