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News Articles : Displaying 46-65 of 129


US: Chicago's Council Fails to Override Daley's Veto (Update3)
by Lauren Coleman-Lochner and Kevin OrlandBloomberg
September 13th, 2006
Wal-Mart Stores Inc. and other large retailers claimed victory in Chicago after the City Council failed to override Mayor Richard Daley's veto of an ordinance requiring them to increase their minimum wage.

US: Wal-Mart bank battle escalates
Bloomberg News
August 29th, 2006
A battle over Wal-Mart Stores Inc.'s effort to get into financial services might derail the growth of company-owned banks, as well as Utah's ambitions to become to such lenders what Delaware is to corporations.

US: Suit Against Wal-Mart Is Narrowed
Bloomberg News
August 29th, 2006
A federal judge Monday dismissed civil racketeering claims against Wal-Mart Stores Inc., narrowing the scope of a lawsuit that accused the retailer of knowingly employing illegal immigrants to clean its stores.

US: Proposal to Build a Wal-Mart in Southern S.I. Is Scrapped
by Steven GreenhouseThe New York Times
August 25th, 2006
Wal-Mart’s plans to open its first New York City store at the southern tip of Staten Island have fallen through, company officials confirmed yesterday.

CHINA: Wal-Mart Agrees to Unionization
by David BarbozaThe New York Times
August 9th, 2006
After years of fighting unionization efforts at its stores, Wal-Mart, the world’s largest retailer, said today that it would work closely with Chinese officials to establish labor unions at all of its outlets here.

GERMANY: Wal-Mart Finds That Its Formula Doesn't Work in All Cultures
by Mark Landler and Michael BarbaroThe New York Times
August 1st, 2006
Some of Wal-Mart’s problems stem from hubris, a uniquely powerful American enterprise trying to impose its values around the world. At Wal-Mart’s headquarters in Bentonville, Ark., however, the message from these missteps is now registering loud and clear.

US: Corn Plastic to the Rescue
by Elizabeth RoyteSmithsonian Magazine
August 1st, 2006
Wal-Mart and others are going green with "biodegradable" packaging made from corn. But is this really the answer to America's throwaway culture?

GERMANY: Wal-Mart Decides to Pull Out of Germany
by Mark LandlerThe New York Times
July 28th, 2006
Wal-Mart Stores, admitting defeat in Germany’s giant, cutthroat retail market, said today that it would sell its 85 stores here to a German retailer, the Metro Group, and incur a loss of $1 billion.

US: Chicago Orders ‘Big Box’ Stores to Raise Wage
by Erik EckholmThe New York Times
July 26th, 2006
After months of fevered lobbying and bitter debate, the Chicago City Council passed a ground-breaking ordinance yesterday requiring “big box” stores, like Wal-Mart and Home Depot, to pay a minimum wage of $10 an hour by 2010, along with at least $3 an hour worth of benefits.

US: Bankers urge Congress to stop Wal-Mart bank
Bloomberg News
July 25th, 2006
Banking industry representatives on Monday pressed federal lawmakers to block a bid by Wal-Mart Stores Inc. to open a bank, a move they say would damage the industry and blur the divide between banking and commerce.

US: Judge Gives Wal-Mart Reprieve on Benefits
by Reed Abelson and Michael BarbaroThe New York Times
July 20th, 2006
In a setback to state efforts to force employers to provide more generous health benefits, a federal judge yesterday struck down a Maryland law that was aimed at the nation’s largest retailer, Wal-Mart Stores.

US: Wal-Mart Warms to a Green Outlook
by Claire HoffmanThe Los Angeles Times
July 13th, 2006
Bentonville, Ark., seemed like an Emerald City of sorts Wednesday as hometown giant Wal-Mart Stores Inc. put on display its latest efforts to go green.

US: Wal-Mart's New Jersey ATM sparks cries of foul from wary banks
by Lauren Coleman-LochnerBloomberg News
July 12th, 2006
In Kearny, New Jersey, a 20-minute drive from Manhattan, a Wal-Mart-branded automated teller machine is reigniting fears among small banks that the world's largest retailer wants to drive them out of business.

UK: Wal-Mart Faces Asda Workers' Strike
by Jonathan Birchall and Andrew TaylorThe Financial Times
June 22nd, 2006
Wal-Mart is facing the threat of a potentially damaging strike at Asda, the UK subsidiary that accounts for about 40 per cent of its international sales, in a dispute with one of the country's largest unions over bargaining rights.

US: Wal-Mart Could Hike Pay and Keep Prices Low: Study
by Emily KaiserReuters
June 15th, 2006
Wal-Mart Stores Inc. (WMT.N) could significantly increase employee wages and benefits without raising prices, and still earn a healthy -- albeit smaller -- profit, research released on Thursday concluded.

US: KFC Gets Burned for Using Unhealthy Fat
Reuters
June 13th, 2006
A consumer group is suing the operator of the KFC to try to stop it from frying foods in an artery-clogging trans fat.

US: Wal-Mart Likes Chicago, But Not City's Wage Plan
by Gary WashburnChicago Tribune
June 13th, 2006
A Wal-Mart official said Monday that his firm could be interested in building "10 or 20" stores on city sites during the next five years, but he added that passage of a minimum wage measure by Chicago's City Council could have a chilling effect on the company's plans.

US: Fendi sues Wal-Mart over fake handbags
Reuters
June 11th, 2006
Italian fashion group Fendi S.R.L. sued Wal-Mart Stores in U.S. federal court on Friday, accusing the world's largest retailer of selling counterfeit handbags and passing them off as genuine at its Sam's Club warehouse stores.

US: Three Restaurant Executives Will Admit Fraud Charges
by Floyd NorrisThe New York Times
June 8th, 2006
Three former top officers of Buca Inc., an operator of Italian restaurants, have agreed to plead guilty to federal fraud charges in connection with a scheme to create false profits for Buca and allow executives to steal hundreds of thousands of dollars to pay for a wide range of expenses including the use of an Italian villa and visits to strip clubs.

US: Biggest pension fund boycotts Wal-Mart
by Terry MacalisterThe Guardian
June 7th, 2006
Wal-Mart, the world's biggest retailer and owner of the Asda supermarket chain, is being boycotted by the world's largest pension fund for alleged "serious and systematic" abuses of human and employment rights.

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