Walmart http://www.globalpost.com/taxonomy/term/24301/all en UPDATE 1-Sainsbury led top UK grocers in Christmas sales growth http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-1-sainsbury-led-top-uk-grocers-christmas-sales-growth <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* UK grocery market grew 3.2 pct in 12 weeks to Dec. 23<br /> * Sainsbury market share up 0.1 pct pt, Tesco down 0.1<br /> * Strongest growth at discount and premium end - Kantar<br /> * UK retail sales up 0.3 pct in December - BRC<br /> * 2013 to be difficult for retailers - BRC</p> <p> By James Davey<br /> LONDON, Jan 8 (Reuters) - J Sainsbury, Britain's<br /> No.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-1-sainsbury-led-top-uk-grocers-christmas-sales-growth" target="_blank">read more</a></p> Aldi Asda Business Economy of the United Kingdom Employment Relation Food industry Grocery store Lidl Morrisons Person Career Quotation Sainsbury's Social Issues Technology Tesco United Kingdom Waitrose Walmart Thomson Reuters Tue, 08 Jan 2013 14:15:04 +0000 Thomson Reuters 5731597 at http://www.globalpost.com UPDATE 2-US lawmakers: Wal-Mart CEO knew of Mexico bribe claim http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-2-us-lawmakers-wal-mart-ceo-knew-mexico-bribe-claim <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Emails increase pressure on Wal-Mart Stores</p> <p>* Pertain to probe of alleged bribes for Mexico stores</p> <p>* Wal-Mart says no new information in emails</p> <p>By Aruna Viswanatha and Jessica Wohl</p> <p>WASHINGTON/CHICAGO, Jan 10 (Reuters) - U.S. lawmakers increased public p ressure on Wal-Mart Stores Inc on Thursday by releasing company emails they said contradicted prior statements about when senior executives knew of bribery allegations tied to its Mexican affiliate.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-2-us-lawmakers-wal-mart-ceo-knew-mexico-bribe-claim" target="_blank">read more</a></p> Economy of the United States Entertainment Wal-Mart Wal-Mart International Wal-Mart Stores Inc Walmart Thomson Reuters Thu, 10 Jan 2013 17:15:30 +0000 Thomson Reuters 5732733 at http://www.globalpost.com Wal-Mart to buy more U.S. goods, add veterans' jobs http://www.globalpost.com/dispatch/news/thomson-reuters/130115/wal-mart-says-buy-more-us-goods-add-veterans-jobs Wal-Mart, the largest private employer and retailer in the United States, also said it plans to hire 100,000 new veterans over the next five years, at a time when the U.S. unemployment rate remains well over 7 percent.<p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/wal-mart-says-buy-more-us-goods-add-veterans-jobs" target="_blank">read more</a></p> Business Companies Economy of the United States Labor Law Sam's Club Technology Walmart Business United States Thomson Reuters Tue, 15 Jan 2013 14:30:00 +0000 Thomson Reuters 5734729 at http://www.globalpost.com GLOBAL MARKETS-Yen falls on draft G20 statement; oil slides http://www.globalpost.com/dispatch/news/thomson-reuters/130215/global-markets-yen-falls-draft-g20-statement-oil-slides-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Yen falls on indications G20 won't target Japan's policies * Wall Street resilient despite drag of Apple, Wal-Mart shares * Oil trims some losses to settle at $117.66 a barrel * Treasury prices also trim decline By Herbert Lash NEW YORK, Feb 15 (Reuters) - The yen fell against the euro and dollar on Friday amid expectations Group of 20 finance leaders this weekend will avoid targeting Japan over policies that have weakened its currency, while oil prices sank on signs of lagging economic activity.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130215/global-markets-yen-falls-draft-g20-statement-oil-slides-1" target="_blank">read more</a></p> Dow Jones Industrial Average Entertainment Japanese yen Walmart Thomson Reuters Fri, 15 Feb 2013 22:00:52 +0000 Thomson Reuters 5757196 at http://www.globalpost.com Wall St Week Ahead: After decent rally, perhaps time for a pause http://www.globalpost.com/dispatch/news/thomson-reuters/130215/wall-st-week-ahead-after-decent-rally-perhaps-time-pause <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Caroline Valetkevitch</p> <p>NEW YORK, Feb 15 (Reuters) - U.S. stocks could struggle to extend their seven-week winning streak as the quarterly earnings period draws to a close and the market bumps into strong technical resistance.</p> <p>Many analysts say the market could spend the next few weeks consolidating gains that have lifted the benchmark Standard &amp; Poor's 500 by 6.6 percent since the start of the year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130215/wall-st-week-ahead-after-decent-rally-perhaps-time-pause" target="_blank">read more</a></p> Dow Jones Industrial Average Economy of the United States Walmart Thomson Reuters Fri, 15 Feb 2013 23:30:47 +0000 Thomson Reuters 5757258 at http://www.globalpost.com RPT-Wall St Week Ahead: After decent rally, perhaps time for a pause http://www.globalpost.com/dispatch/news/thomson-reuters/130217/rpt-wall-st-week-ahead-after-decent-rally-perhaps-time-pause <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Caroline Valetkevitch</p> <p>NEW YORK, Feb 15 (Reuters) - U.S. stocks could struggle to extend their seven-week winning streak as the quarterly earnings period draws to a close and the market bumps into strong technical resistance.</p> <p>Many analysts say the market could spend the next few weeks consolidating gains that have lifted the benchmark Standard &amp; Poor's 500 by 6.6 percent since the start of the year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130217/rpt-wall-st-week-ahead-after-decent-rally-perhaps-time-pause" target="_blank">read more</a></p> Dow Jones Industrial Average Economy of the United States Walmart Thomson Reuters Sun, 17 Feb 2013 17:30:03 +0000 Thomson Reuters 5758340 at http://www.globalpost.com Asda fourth quarter sales growth slows to 0.1 pct http://www.globalpost.com/dispatch/news/thomson-reuters/130221/asda-fourth-quarter-sales-growth-slows-01-pct <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Feb 21 (Reuters) - Asda, the British arm of U.S. retailer Wal-Mart, said underlying sales growth had slowed in the fourth quarter of its financial year.</p> <p>Britain's second-biggest supermarket chain behind Tesco said on Thursday sales at stores open over a year, excluding fuel and VAT sales tax, was up 0.1 percent in the 14 weeks to Jan. 5, its fiscal fourth quarter.</p> <p>That followed a third quarter rise of 0.3 percent.</p> Acronyms Asda Walmart Thomson Reuters Thu, 21 Feb 2013 12:30:34 +0000 Thomson Reuters 5762051 at http://www.globalpost.com UPDATE 1-Asda sales growth slows http://www.globalpost.com/dispatch/news/thomson-reuters/130221/update-1-asda-sales-growth-slows <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Growth slows from 0.3 pct rise in Q3</p> <p>* Parent Wal-Mart posts higher quarterly profit</p> <p>LONDON, Feb 21 (Reuters) - Asda, the British arm of U.S. retailer Wal-Mart, said underlying sales growth had slowed in the fourth quarter of its financial year as consumers tightened spending.</p> <p>Britain's second-biggest supermarket chain behind Tesco said on Thursday that sales at stores open for more than a year, excluding fuel and VAT sales tax, were up 0.1 percent in the 14 weeks to Jan. 5, its fiscal fourth quarter.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130221/update-1-asda-sales-growth-slows" target="_blank">read more</a></p> Acronyms Asda Asda Business Technology Walmart Thomson Reuters Thu, 21 Feb 2013 13:15:22 +0000 Thomson Reuters 5762090 at http://www.globalpost.com Walmart hikes dividend as earnings gain http://www.globalpost.com/dispatch/news/afp/130221/walmart-hikes-dividend-earnings-gain <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Global retailing giant Walmart announced a higher dividend for 2014 as fourth quarter earnings showed strong growth helped by a lower tax rate.</p> <p>Wal-Mart Stores Inc. raised its fiscal 2014 dividend by 18 percent to $1.88 a share, compared to $1.59 for the full year 2013, ended January 31.</p> <p>Net earnings for the fiscal fourth quarter were up 8.6 percent over a year earlier to $5.61 billion, on the strength of a 3.9 percent rise in revenues to $127.1 billion.</p> <p>Earnings per share were $1.67, compared to $1.50 a year earlier.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130221/walmart-hikes-dividend-earnings-gain" target="_blank">read more</a></p> Dow Jones Industrial Average Economy of the United States Walmart AFP Thu, 21 Feb 2013 13:30:43 +0000 Agence France-Presse 5762121 at http://www.globalpost.com Walmart raises dividend as profits rise http://www.globalpost.com/dispatch/news/afp/130221/walmart-raises-dividend-profits-rise <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Global retailing giant Walmart Thursday announced increased quarterly profits and a higher dividend, even as it pointed to some US and foreign challenges in the near term.</p> <p>Wal-Mart Stores Inc. reported net income of $5.6 billion in the fiscal fourth quarter ended January 31, up 8.6 percent from the year-ago period.</p> <p>Revenues rose 3.9 percent from the year-ago period to $127.9 billion.</p> <p>The world's largest retailer raised its fiscal 2014 dividend by 18 percent to $1.88 a share, compared with $1.59 paid during fiscal year 2013.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130221/walmart-raises-dividend-profits-rise" target="_blank">read more</a></p> Economy of the United States Entertainment Sam's Club Wal-Mart Stores Inc Walmart Walmart AFP Thu, 21 Feb 2013 19:17:01 +0000 Agence France-Presse 5762519 at http://www.globalpost.com US stocks meander through another week http://www.globalpost.com/dispatch/news/afp/130222/us-stocks-meander-through-another-week <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US equity markets finished sideways for another week as concerns about Washington budget negotiations and the status of the Federal Reserve's stimulus program kept investor enthusiasm at bay.</p> <p>Trading followed an erratic path during the week, with new multi-year peaks in the Dow and S&amp;P indexes followed by big declines.</p> <p>Market watchers have had plenty to worry about, including the potential end of the Federal Reserve's stimulus program and the possibility of deep government spending cuts that could take effect March 1.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130222/us-stocks-meander-through-another-week" target="_blank">read more</a></p> Business Dow Jones Industrial Average Economy of the United States Walmart AFP Fri, 22 Feb 2013 23:30:29 +0000 Agence France-Presse 5763920 at http://www.globalpost.com WalMart posts profits of $17 bn http://www.globalpost.com/dispatch/taxonomy/term/35779/130226/walmart-posts-profits-17-bn <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agencia EFE </div> </div> </div> <!--paging_filter--><p>New York, Feb 21 (EFE).- Walmart Stores, Inc., the world's largest retailer, said Thursday it posted income from continuing operations of $17 billion in the fiscal year ended Jan. 31, up 7.8 percent from the comparable prior period, thanks to higher sales and lower financing costs.</p> <p>Revenues totaled $466.1 billion in fiscal 2013, up 5 percent over fiscal 2012, the company said.</p> <p>"Walmart topped off a really good year with a solid fourth quarter, and I'm proud of what we accomplished as a team," Walmart Stores, Inc. president and CEO Mike Duke said.</p> <p><a href="http://www.globalpost.com/dispatch/taxonomy/term/35779/130226/walmart-posts-profits-17-bn" target="_blank">read more</a></p> Dow Jones Industrial Average Economy of the United States USD Walmart Walmart Stores Inc Agencia EFE Tue, 26 Feb 2013 15:21:18 +0000 Agencia EFE 5767179 at http://www.globalpost.com Asda considers bid for HMV - report http://www.globalpost.com/dispatch/news/thomson-reuters/130313/asda-considers-bid-hmv-report <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Reuters) - Asda, the British arm of U.S. retailer Wal-Mart Stores Inc, is considering a bid for collapsed music retailer HMV, the Telegraph reported.</p> <p>Asda is interested in buying HMV's brand and business and is not just looking to purchase former HMV stores to convert into convenience food shops, the Telegraph reported, without saying where it got the information.</p> <p>Asda, Britain's second-biggest supermarket group, has held talks with Deloitte, administrators to HMV, the Telegraph said.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130313/asda-considers-bid-hmv-report" target="_blank">read more</a></p> Acronyms Asda Walmart Thomson Reuters Wed, 13 Mar 2013 16:03:36 +0000 Thomson Reuters 5782356 at http://www.globalpost.com Wal-Mart steps up its online game with help from stores http://www.globalpost.com/dispatch/news/thomson-reuters/130326/wal-mart-test-lockers-stores-online-deliveries <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Jessica Wohl and Alistair Barr</p> <p>SAN BRUNO, California (Reuters) - Wal-Mart Stores Inc, facing growing competition for quick delivery of physical goods from online retailers like Amazon.com Inc, said on Tuesday it would start using its stores to get Internet orders to customers faster.</p> <p>While Wal-Mart is the world's largest retailer by overall sales, on the Internet its revenue is a small fraction of Amazon's, adding some urgency to its e-commerce efforts.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130326/wal-mart-test-lockers-stores-online-deliveries" target="_blank">read more</a></p> Business Economy of the United States Electronic commerce Technology Wal-Mart Stores Inc Walmart Thomson Reuters Tue, 26 Mar 2013 18:45:03 +0000 Thomson Reuters 5794554 at http://www.globalpost.com Wal-Mart expects to incur losses related to overseas bribery probe http://www.globalpost.com/dispatch/news/thomson-reuters/130326/wal-mart-expects-incur-losses-related-overseas-bribery-probe <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Reuters) - Wal-Mart Stores Inc said in a regulatory filing on Tuesday that is now "probable" it will incur losses related to allegations that company representatives had bribed officials in Mexico to speed up expansion there.</p> <p>Wal-Mart said in its annual report, filed with the U.S. Securities and Exchange Commission, that it could not estimate how much any loss would come to because of the complexity of the related probes and internal review, but that it would not have a material effect on its business.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130326/wal-mart-expects-incur-losses-related-overseas-bribery-probe" target="_blank">read more</a></p> Dow Jones Industrial Average Economy of the United States Wal-Mart Stores Inc Walmart Thomson Reuters Wed, 27 Mar 2013 01:30:05 +0000 Thomson Reuters 5794866 at http://www.globalpost.com