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Wal-Mart Stores Inc News

Wal-Mart Stores Inc

17 Jun 2017

Wal-Mart to buy Bonobos, but shares dip on Amazon-Whole Foods deal

Wal-Mart Stores Inc said on Friday it would buy online men`s fashion retailer Bonobos Inc for $310 million, in its fourth e-commerce deal in under a year, as it seeks to bridge the gap with e-commerce leader Amazon.com Inc.

Wal-Mart Stores Inc

20 Jun 2016

Wal-Mart to sell China online unit to JD.com for a 5% stake

Wal-Mart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5 percent equity stake in JD.com, a strategic alliance that aims to expand WalMart`s reach in China to more customers.

16 Jan 2016

Wal-Mart to shut 269 locations, to affect 16,000 employees

The move includes Wal-Mart`s largest-ever single culling in the United States, where the company is closing 154 stores. The other 115 stores are in Latin America, including 60 in Brazil.

Wal-Mart Stores Inc

23 Nov 2015

Wal-Mart to begin 'Cyber Monday' sales on Sunday post Thanksgiving

In an interesting change to 'Cyber Monday' sales day, global retail chain Wal-Mart Stores Inc has decided that the biggest online shopping day of the year will not start on Monday but start from Sunday.

Wal-Mart Stores Inc

24 Sep 2015

Wal-Mart presses suppliers to share benefits of cheaper yuan

Wal-Mart Stores Inc is seeking price cuts from suppliers that produce goods in China, saying the retailer should share in the savings generated by China`s devaluation of the yuan, people with knowledge of the matter said.

18 Aug 2015

Wal-Mart earnings miss estimates; company cuts outlook

Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its full-year forecast on Tuesday, citing investments in staffing and weaker margins in its U.S. pharmacy business.

14 Jun 2014

Wal-Mart to launch e-commerce marketplace in India in July

Wal-Mart Stores Inc will launch its business-to-business e-commerce platform in the Indian cities of Lucknow and Hyderabad in the first week of July, its India boss said on Friday.

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