MEXICO CITY - Wal-Mart de Mexico SA, also known as Walmex, announced yesterday its plans to invest 7.2 billion pesos ($1=11.1250 pesos) in the opening of 77 retail outlets over the next 18 months, according to Dow Jones Business News.
SAN ANTONIO, Texas - The Handy Andy grocery chain, which in recent years has struggled to compete against much bigger supermarket companies, will close four of its stores, the San Antonio Express-News reports.
BENTONVILLE, Ark. - Wal-Mart Stores Inc. said on Friday that Coleman Peterson retired as head of human resources, and said it was looking for a replacement.
NEW YORK - Wal-Mart Stores Inc. and Target Corp. on Thursday separately reported that they achieved higher fourth-quarter profits despite a tough pre-Christmas retailing environment.
MILWAUKEE - Customer satisfaction among Americans hit a nine-year high in 2003, according to the latest American Customer Satisfaction Index. The score for supermarkets was slightly down, with Publix coming again once again as the top-rated food retailer.
PORTLAND, Ore. - A federal jury here, considering how much Wal-Mart Stores, Inc. should compensate employees who worked unpaid overtime, said yesterday that 83 workers are entitled to payments, according to an Associated Press report.
