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Three predictions for the future of retailWhat will shopping be like in 10 years? No one knows all the details (that’s exciting!), but one thing is for sure: it will be very different than it is today. History is clear about that. In the mid-19th century, most peopl More… |
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Major companies join alliance for 100pc green electricityCompanies including Goldman Sachs, Walmart and Starbucks joined an alliance on Wednesday that aims to get 100 per cent of electricity from renewable sources to combat climate change. The green electricity campaign, RE100, said its More… |
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Walmart to spend $1bn to raise wages this yearWalmart Stores, long criticised for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million US employees this year. The increase announced by the largest private sector empl More… |
Woman shot dead at Walmart by 2-year-old sonA woman was accidentally shot and killed at a Walmart store in northern Idaho, US, on Tuesday when her two-year-old son pulled a loaded handgun from her purse that then went off, a county sheriff said. The 29-year-old woman was sh More… |
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Walmart push exposes strains of US manufacturing rebirthWhen Walmart pledged last year to buy an extra $250 billion in US-made goods over the next decade, it appeared to be just what was needed to help move America's putative manufacturing renaissance from rhetoric to reality. But More… |
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Wal-Mart in shares buybackWal-Mart Stores has announced a $15 billion share buyback programme at its annual meeting as the world's largest retailer faces increasing scrutiny from investors over how it has handled allegations of bribery in its Mexican operations that More… |
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India launches reforms in bid to revive growthAfter months of dithering on the economy, India's beleaguered government roared back to life in dramatic fashion yesterday, announcing big bang reforms as part of package of measures aimed at reviving growth and staving off a ratings downgra More… |
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Dubai World buys Wal-Mart property firm GazeleyDubai World said on Tuesday it had bought property developer Gazeley Limited from Wal-Mart, and a source familiar with the matter said the Dubai government investment firm had paid between 300 million and 400 million pounds ($588-$784 million). More… |
