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Wal Mart Stores Inc

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  • April 17- Some employees accused Wal-Mart Stores Inc on Friday of closing a location in the Los Angeles area for six months in retaliation for workers demanding for better wages and benefits. Wal-Mart had not requested any city plumbing permits for the Pico Rivera store, the workers and city officials said. He declined to comment further on Wal-Mart's actions.

  • A line of bike hooks that can unexpectedly detach from their mounting are among this week's recalled consumer products. Other recalls include mattresses that failed flammability standards and truck and motorcycle toys with excessive amounts of lead. They were sold at Home Depot stores nationwide from April 2011 to March 2015.

  • April 17- Wal-Mart Stores Inc said on Friday it would eliminate the position of zone manager in its U.S. stores while adding up to 8,000 new department heads as part of an overhaul of its store operations. There are about five zone managers in each of Wal-Mart's 3,407 supercenters, and those employees will be reassigned to department manager or assistant manager...

  • Final Glance: Big-box Retail companies Friday, 17 Apr 2015 | 6:03 PM ET

    Costco Wholesale Corp. fell $2.54 or 1.7 percent, to $144.57. Target fell $1.90 or 2.3 percent, to $80.02. Wal-Mart Stores Inc. fell $1.36 or 1.7 percent, to $77.88.

  • Midday Glance: Big-box Retail companies Friday, 17 Apr 2015 | 1:17 PM ET

    NEW YORK— Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell $3.17 or 2.2 percent, to $143.94. Wal-Mart Stores Inc. fell $1.11 or 1.4 percent, to $78.13.

  • Early Glance: Big-box Retail companies Friday, 17 Apr 2015 | 10:57 AM ET

    NEW YORK— Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell $2.40 or 1.6 percent, to $144.71. Wal-Mart Stores Inc. fell$. 57 or. 7 percent, to $78.67.

  • MILAN, April 17- Italian clothes group Benetton has paid $1.1 million into a fund for victims of the Rana Plaza factory collapse that killed 1,100 workers in Bangladesh two years ago, the company said on Friday, after pressure from activists to donate to the fund. The collapse of the Rana Plaza, an eight-story factory built on marshy ground outside the Bangladeshi...

  • Final Glance: Big-box Retail companies Thursday, 16 Apr 2015 | 6:03 PM ET

    Costco Wholesale Corp. fell $1.96 or 1.3 percent, to $147.11. Target fell$. 04 or percent, to $81.92. Wal-Mart Stores Inc. fell$. 50 or. 6 percent, to $79.24.

  • China's incredible shrinking factory Thursday, 16 Apr 2015 | 5:00 PM ET

    HUIZHOU, China, April 17- Eight years ago, Pascal Lighting employed about 2,000 workers on a leafy campus in southern China. Cankun, an appliances factory in southern China featured in the documentary Manufactured Landscapes, had more than 22,000 manufacturing employees in 2005, according to its annual report. Some Hong Kong- owned factories in southern China...

  • Midday Glance: Big-box Retail companies Thursday, 16 Apr 2015 | 1:28 PM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell $1.66 or 1.1 percent, to $147.41. Wal-Mart Stores Inc. fell$. 11 or. 1 percent, to $79.63.

  • Former Wal-Mart CEO joins Carlyle private equity firm Thursday, 16 Apr 2015 | 11:30 AM ET

    NEW YORK— Mike Duke, the former CEO of Wal-Mart Stores Inc., has joined the global consumer and retail group of private equity firm The Carlyle Group. Duke joined Wal-Mart in 1995 as senior vice president of distribution and had a number of roles in the company. Before assuming the top job, he was vice chairman, overseeing the company's international business, a job...

  • April 16- Shares of Party City Holdco Inc, backed by buyout firm Thomas H. Lee Partners LP, jumped as much as 22.6 percent in their debut on Thursday as initial public offerings of private-equity backed companies as continued to draw investors. Thomas H. Lee bought a majority stake in Party City, the largest U.S. party goods retailer, for $2.69 billion from private...

  • April 16- Carlyle Group LP has enlisted Mike Duke, former chief executive of Wal Mart Stores Inc, to the executive team that the asset management firm taps for advise on deals, the Wall Street Journal reported. They were part of the advisory board of the Tsinghua University School of Economics and Management in Beijing. He will continue to be a member of Wal Mart's...

  • Final Glance: Big-box Retail companies Wednesday, 15 Apr 2015 | 5:57 PM ET

    Costco Wholesale Corp. fell$. 45 or. 3 percent, to $149.07. Target fell $1.10 or 1.3 percent, to $81.96. Wal-Mart Stores Inc. fell$. 41 or. 5 percent, to $79.74.

  • Midday Glance: Big-box Retail companies Wednesday, 15 Apr 2015 | 2:34 PM ET

    NEW YORK— Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell$. 09 or. 1 percent, to $149.43. Wal-Mart Stores Inc. fell$. 20 or. 2 percent, to $79.95.

  • NEW YORK, April 15- Fast-food workers rallied on Wednesday for higher pay, using the April 15 tax deadline to publicize their claims that they cannot survive on the hourly wages paid by many U.S. corporations. The protests for pay increases to $15 an hour, planned to spread nationwide, kicked off at dawn outside a McDonald's in New York with several hundred...

  • NEW YORK, April 15- U.S. fast food workers fighting for better wages enlisted students, healthcare workers and racial justice activists to swell the ranks of rallies set for Wednesday in 230 cities. The latest wave of protests to press for pay increases to $15 an hour was expected to kick off in New York at dawn outside a McDonald's in Brooklyn, pick up momentum...

  • Fight for $15 protests expand for low-wage workers Wednesday, 15 Apr 2015 | 3:02 AM ET

    NEW YORK— The Fight for $15 campaign that began with fast-food workers expanded in size and scope Wednesday to include a range of workers who say their meager pay is a form of economic injustice. In New York City, more than 100 chanting protesters holding signs with messages like "We See Greed" gathered outside a McDonald's around noon, prompting the store to lock...

  • Court: Wal-Mart can exclude gun sales proposal from proxy Wednesday, 15 Apr 2015 | 3:01 AM ET

    DOVER, Del.— A federal appeals court has ruled that Wal-Mart can exclude from its 2015 proxy statement a shareholder's proposal to review the sale of some guns. The appeals court in Philadelphia on Tuesday reversed a 2014 ruling ordering Wal-Mart to include the proposal from Trinity Wall Street Church in New York. The Episcopal parish wants shareholders to vote...

  • Final Glance: Big-box Retail companies Tuesday, 14 Apr 2015 | 5:58 PM ET

    Costco Wholesale Corp. rose$. 50 or. 3 percent, to $149.52. Target rose$. 10 or. 1 percent, to $83.06. Wal-Mart Stores Inc. fell$. 14 or. 2 percent, to $80.15.