Wal-Mart

2:21am

Wed October 26, 2011
Africa

South Africa Reconsiders Walmart's Bid For Retailer

Originally published on Wed October 26, 2011 10:40 am

Members of the South African Commercial, Catering and Allied Workers Union protest against Walmart's acquisition of Massmart, southern Africa's largest retailer, in May. The deal was initially approved but is now under review.

AFP/Getty Images

In May, the South African government approved Walmart's bid to buy Massmart for more than $2 billion. Massmart is the largest retail chain in southern Africa, operating in 14 countries. But now the government is reconsidering that ruling.

Workers' unions have long opposed the plan because of concerns that the deal could lead to significant job losses, and the government has worries of its own in a time of high unemployment.

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11:45am

Mon October 17, 2011
The Two-Way

Head Of Walmart In China Resigns Amid Controversy

Walmart announced today that its chief executive in China was resigning for personal reasons. Ed Chan's resignation, however, comes about a week after China arrested Walmart employees and forced the retail giant to close 13 stores over allegations it was selling regular pork but labeling it as organic.

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9:16am

Wed September 14, 2011
Around the Nation

Is Walmart A Magnet For American Mayhem?

In virtually every county, there is a Walmart open every hour of every day and every one of those Walmarts is being visited by 37,000 people a week — that's 220 people an hour, in every Walmart every hour of the day. Here a Walmart worker pulls carts at a store in Pittsburg, Calif. on June 20.
Paul Sakuma AP

Dispatches from the field: A customer was nabbed by police for sampling raw meat at a Walmart in Pennsylvania. A woman said she had an encounter with a bat at a Walmart in Minnesota. A family of five was living in a car at a Walmart in Florida.

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8:25am

Thu March 31, 2011
The Two-Way

Wal-Mart CEO Sees Inflation Ahead; Do You?

"Serious" inflation is going to start hitting consumers in their wallets this summer, Wal-Mart's U.S. CEO tells USA Today.

"We're seeing cost increases starting to come through at a pretty rapid rate," Bill Simon says, and retailers are going to have to pass some of them along. Among the pressure points, obviously: Higher fuel prices, which then push up transportation costs.

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