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1. Wal-Mart Stores Says Castro-Wright Retiring
- Wednesday, September 28, 2011
BENTONVILLE, Ark. (AP) – Wal-Mart Stores Inc. announced Tuesday that one of its key executives, Eduardo Castro-Wright, will retire in 2012.
2. Wal-Mart Purchasing Kosmix for Undisclosed Sum
- Tuesday, April 19, 2011
BRISBANE, Calif. (AP) – Wal-Mart Stores Inc. is buying social media company Kosmix to help strengthen its social and mobile commerce.
3. Wal-Mart Names New CFO as Schoewe Plans to Leave
- Friday, October 1, 2010
NEW YORK (AP) – Wal-Mart Stores Inc. Chief Financial Officer Tom Schoewe is retiring, the retailer announced Wednesday, and it has promoted Charles Holley to be his replacement.
4. Wal-Mart Q2 Profit Rises 3.6 Pct on Cost-Cutting
- Wednesday, August 18, 2010
NEW YORK (AP) – Wal-Mart Stores Inc. reported a 3.6 percent increase in second-quarter net income and raised its earnings guidance for the full year as it benefits from cost-cutting and robust global growth in China, Brazil and Mexico.
5. Wal-Mart Names Operating Chief Simon as New US CEO
- Wednesday, June 30, 2010
BENTONVILLE, Ark. (AP) – Wal-Mart Stores Inc. said Tuesday that Bill Simon is taking over as president and CEO of its U.S. operations, replacing Eduardo Castro-Wright, who is shifting to lead the retailer's e-commerce unit Global.com and its global sourcing division.
6. Wal-Mart Cheers Its Moves to Try to Improve Sales
- Monday, June 7, 2010
FAYETTEVILLE, Ark. (AP) - Wal-Mart Stores Inc.'s chief executive told shareholders Friday that the company is positioning itself for 20 years of worldwide growth and that it plans to hire another half-million employees over the next five years.
7. Wal-Mart Stores Reorganizes US Operations
- Friday, January 29, 2010
NEW YORK (AP) - Wal-Mart Stores Inc., the world's largest retailer, said Thursday it is realigning its U.S. operations in an effort to give more autonomy to executives in regional markets and reinvigorate U.S. growth.
8. Wal-Mart Posts 3 Percent Rise in Profit for Q3
- Friday, November 13, 2009
NEW YORK (AP) = Wal-Mart Stores Inc. posted a 3.2 percent increase in third-quarter profit, helped by cost-cutting measures like slashing inventories, and raised its full-year earnings outlook.
9. Wal-Mart: We’ll Keep Customers Gained in Recession
- Monday, June 8, 2009
FAYETTEVILLE, Ark. (AP) – Wal-Mart Stores Inc. executives pledged Friday to continue making changes to the company to adapt to the economy but to do so in a way that it keeps the new customers it has picked up because of the recession.
10. Wal-Mart Says it Will Create 22,000 Jobs in 2009
- Friday, June 5, 2009
BENTONVILLE, Ark. (AP) – As Wal-Mart Stores Inc. opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new positions.
11. Wal-Mart Profit Flat on Impact of Strong Dollar
- Friday, May 15, 2009
LITTLE ROCK, Ark. (AP) - Wal-Mart Stores Inc., which posted flat first-quarter earnings Thursday, will spend another summer marketing its wares to families who want to have fun even in hard times.
12. US Shoppers Stay Cautious, But Sales Declines Ease
- Friday, April 10, 2009
NEW YORK (AP) - March same-store sales fell for the sixth straight month, as U.S. consumers continued to shop cautiously and stick mostly to necessities such as food, but there were some glimmers of stabilization in retailers' reports on Thursday.
13. Wal-Mart Reports Better-Than-Expected Q4 Earnings
- Wednesday, February 18, 2009
NEW YORK (AP) - Wal-Mart Stores Inc. said it's still pulling shoppers away from its main rivals and enjoying a rise in customer traffic as the world's largest retailer released better-than-expected fourth-quarter earnings Tuesday.
14. More Americans Resume Using Old-Fashioned Cash
- Tuesday, November 25, 2008
NEW YORK (AP) - Cash or credit? For more Americans, who have already maxed out their credit cards or are just trying to manage their spending better in the tough economy, the answer is increasingly the old-fashioned one.
15. Wal-Mart Names Duke To Succeed Scott as CEO
- Monday, November 24, 2008
Wal-Mart Stores Inc., the world’s largest retailer, unexpectedly announced Friday that its chief executive will retire in February and be replaced by the head of its international division.
16. Wal-Mart Posts Higher Q3 Profit, But Cuts Outlook
- Friday, November 14, 2008
NEW YORK (AP) – Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit Thursday but trimmed its profit outlook because of the troubled global economy and the renewed strength of the dollar.
17. Wal-Mart October Same-Store Sales Rise
- Friday, November 7, 2008
BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc., the world's largest retailer, said Thursday its low-price focus and sales of Halloween merchandise boosted October same-store sales by 2.4 percent, ahead of expectations.
18. Retailers Report Sluggish Sales
- Friday, September 5, 2008
NEW YORK (AP) – Many of the nation’s retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials amid persistent worries about high gas and food prices.