Walmart

BENTONVILLE, Ark. - The world's largest retailer on Tuesday reported record sales and earnings for the quarter ended Oct. 31, 2002, including a 23 percent jump in profits.

FRANKFURT, Germany - Germany's supreme court ruled Tuesday that Wal-Mart's attempts to sell staples such as milk and butter below wholesale prices was damaging to competition, The Associated Press reports.

CHICAGO - In less then 10 years, America's 1,500 private label food manufacturers could consolidate to a field of no more than 20 as they respond to the demands of large-scale food retailers, according to a new report by Deloitte & Touche Corporate Finance LLC.

BENTONVILLE, Ark. - The United Food and Commercial Workers International Union has announced it is planning protests across the country later this month to allege unfair practices by the Wal-Mart Stores Inc., The Associated Press reports.

BENTONVILLE, Ark. - Both Wal-Mart Stores Inc. and Target Corp. on Thursday reported higher sales for October, despite sluggish results from Halloween due in part to the Washington sniper attacks.

COLUMBUS, Ohio - Sales growth for the world's top 100 retailers in 2001 was significantly hampered by the global economic slowdown, forcing many companies to retrench or divest as profitability became challenging, according to a new report by Retail Forward.

NEW YORK - On Thursday Albertsons became the third of the big three US grocery chains to warn that fierce competition from discounters such as Wal-Mart is forcing it to cut prices, saying that third-quarter profits were likely to be 5 percent to 10 percent below earlier guidance.

NEW YORK - Wal-Mart and Levi Strauss on Wednesday announced a deal that will bring a new lower-priced Levi Strauss brand to the world's largest retailer. The deal is not exclusive to Wal-Mart.