Wal-Mart

11:19am

Sun April 21, 2013
The Salt

Spirituality And Sprite, Aisle 1? What An Artist Sees In Wal-Mart

Originally published on Tue April 23, 2013 10:43 am

O'Connell also crowdsources the photographs he uses as fodder for his paintings. This piece, which shows men buying candies and Valentine's Day cards for their sweethearts, was based on a submission.
Courtesy of Brendan O'Connell

Most people would be hard-pressed to call Wal-Mart a source of artistic inspiration. A place to purchase peanut butter, cereal and other mundane necessities? Yes. But a rendezvous spot with transcendence? Hardly.

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5:00am

Mon April 15, 2013
Agriculture

Seeking Profits In Private Labels

Walmart's "Great Value" brand is an example of private label food. After acquiring Ralcorp, ConAgra is now the largest private label food supplier in the U.S.
Grant Gerlock Harvest Public Media

You may not think much about store brands as you shop for groceries, but it’s a business worth nearly $60 billion per year.

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3:53pm

Mon February 25, 2013
Economy

Too Soon To Blame Payroll Tax For Stagnant Retail Sales?

Originally published on Mon February 25, 2013 5:23 pm

Wal-Mart is one of several large retailers that say an increase in the payroll tax may hurt U.S. sales in the months ahead.
Daniel Acker Bloomberg via Getty Images

For Darden Restaurants, the company behind Olive Garden and Red Lobster, its earnings projections out last week were not pretty. Sales will fall, it said, and company CEO Clarence Otis called higher payroll taxes a "headwind."

After a two-year tax break, the payroll tax, which funds Social Security payments, went back up to 6.2 percent on Jan. 1. The 2-percentage-point increase is an extra $80 a month in taxes for someone earning $50,000 a year.

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11:06am

Thu February 21, 2013
The Two-Way

In Wal-Mart's Earnings Report, A Lesson On The Tax Code

Originally published on Thu February 21, 2013 11:31 am

A Walmart store in Paramount, Calif. in November of 2012.
Frederic J. Brown AFP/Getty Images

The New York Times points out something rather interesting about an otherwise mundane business story. Wal-Mart's fourth-quarter earnings report tells the tale of how changes in the tax code has both helped corporations and hurt them.

As the Times puts it, during the fourth quarter of last year, "the tax code gave and the tax code took away."

The paper explains:

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8:07am

Tue January 15, 2013
The Two-Way

Wal-Mart Offers Veterans Jobs, Expects To Hire 100,000 Over Five Years

Originally published on Tue January 15, 2013 10:28 am

The scene in a Wal-Mart store in Alexandria, Va.
AP

Saying that "hiring a veteran can be one of the best business decisions you make," Wal-Mart U.S. CEO Bill Simon confirmed this morning that the retail giant is launching a plan to hire more than 100,000 recently discharged veterans over the next five years.

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