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Wal-Mart Stores Inc

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  • *Cost forms part of 300 mln stg budgeted for 2014-15. LONDON, Oct 2- British grocer Morrisons will launch its first customer loyalty card on Friday, opening up a new front in an escalating price war with a scheme that guarantees to match discounters Aldi and Lidl as well as traditional rivals. The initiative, announced by Morrisons on Thursday, comes a day after "big...

  • Early Glance: Big-box Retail companies Thursday, 2 Oct 2014 | 10:42 AM ET

    NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 54 or. 4 percent, to $125.30. Wal-Mart Stores Inc. rose$. 48 or. 6 percent, to $76.60.

  • LONDON, Oct 2- British grocer Morrisons will launch its first customer loyalty card on Friday, aiming to win back market share with a scheme that provides a price match guarantee against discounters Aldi and Lidl as well as its traditional rivals. Bradford, northern England- based Morrisons, which trails market leader Tesco, Wal-Mart's Asda and J Sainsbury,...

  • Sears to raise cash through Canadian ops sale Thursday, 2 Oct 2014 | 6:52 AM ET

    The rights offering to shareholders for the majority of its 51 percent stake in Sears Canada Inc. will give the retailer some breathing room as it heads into the crucial holiday season. The company board approved a rights offering of up to 40 million shares of Sears Canada Inc. Sears will still hold about 12 million shares of Sears Canada, valued at about $113...

  • The site, already partly occupied by warehouses and distribution facilities for Wal-Mart, Amazon and Federal Express, is where Elon Musk's electric car maker Tesla Motors plans a factory to make batteries, helped by more than $1 billion of incentives provided by Nevada. For Gilman, this dry, desolate slice of Storey County is where the old Nevada, symbolized by...

  • Final Glance: Big-box Retail companies Wednesday, 1 Oct 2014 | 6:20 PM ET

    Costco Wholesale Corp. fell$. 56 or. 4 percent, to $124.76. Target fell$. 61 or 1.0 percent, to $62.07. Wal-Mart Stores Inc. fell$. 35 or. 5 percent, to $76.12.

  • Midday Glance: Big-box Retail companies Wednesday, 1 Oct 2014 | 1:16 PM ET

    NEW YORK— Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell$. 64 or. 5 percent, to $124.68. Wal-Mart Stores Inc. fell$. 51 or. 7 percent, to $75.96.

  • Early Glance: Big-box Retail companies Wednesday, 1 Oct 2014 | 12:43 PM ET

    NEW YORK— Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell$. 07 or. 1 percent, to $125.25. Wal-Mart Stores Inc. fell$. 15 or. 2 percent, to $76.32.

  • 911 caller: Cop told man to drop gun at Wal-Mart Wednesday, 1 Oct 2014 | 12:24 PM ET

    COLUMBUS, Ohio— A 911 caller who reported a man carrying a gun in Wal-Mart told state investigators he heard an officer repeatedly say "put it down" about two seconds before police shot the man, killing him, according to a summary of the interview released by the state. The 24- year-old caller, Ronald Ritchie, was interviewed the day after the Aug. 5 shooting at the...

  • *Q2 like-for-like sales, ex fuel, fall 2.8 pct. LONDON, Oct 1- British grocer Sainsbury's cut its annual sales forecast and said it would review its dividend as part of a wider examination of the business, adding to the turmoil in a sector reeling from Tesco's accounting scandal.

  • LONDON, Oct 1- Britain's financial watchdog has launched a full investigation into the Tesco accounting scandal that has now wiped 4 billion pounds from the troubled grocer's stock market value.

  • LONDON, Oct 1- Britain's J Sainsbury cut its full-year sales forecast and said it would assess its dividend policy as part of a strategic review after second-quarter sales fell sharply, adding to the turmoil in the grocery market.

  • LONDON, Oct 1- Britain's financial watchdog has launched a full investigation into the accounting scandal at Tesco which wiped 3 billion pounds from the troubled British grocer's stock market value last month.

  • LONDON, Oct 1- Britain's J Sainsbury cut its full-year sales forecast on Wednesday after trading fell sharply in the second quarter, dragged down by intense competition in a UK grocery market growing at its slowest pace for more than 20 years.

  • LONDON, Oct 1- Britain's J Sainsbury cut its full-year sales forecast on Wednesday after trading fell sharply in the second quarter, dragged down by competition in a UK grocery market growing at its slowest pace for more than 20 years.

  • Final Glance: Big-box Retail companies Tuesday, 30 Sep 2014 | 6:04 PM ET

    Costco Wholesale Corp. unchanged at $125.32. Target fell$. 36 or. 6 percent, to $62.68. Wal-Mart Stores Inc. rose$. 39 or. 5 percent, to $76.47.

  • Midday Glance: Big-box Retail companies Tuesday, 30 Sep 2014 | 1:19 PM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 12 or. 1 percent, to $125.20. Wal-Mart Stores Inc. rose$. 37 or. 5 percent, to $76.45.

  • Ohio Wal-Mart where cops shot man pulls air rifles Tuesday, 30 Sep 2014 | 1:12 PM ET

    CINCINNATI— Pellet guns have been pulled from shelves at the Ohio store where a 22- year-old man holding an air rifle was fatally shot by police, a Wal-Mart Stores Inc. spokesman said Tuesday. Spokesman Brian Nick said the move last week at the Beavercreek location near Dayton was store-specific, not a change in national policy for the world's largest retailer.

  • Early Glance: Big-box Retail companies Tuesday, 30 Sep 2014 | 10:40 AM ET

    NEW YORK— Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell$. 54 or. 4 percent, to $124.78. Wal-Mart Stores Inc. fell$. 04 or. 1 percent, to $76.04.

  • California becomes first state to ban plastic bags Tuesday, 30 Sep 2014 | 3:00 AM ET

    Alex Padilla, D- Los Angeles, credits the momentum for statewide legislation to the more than 100 cities and counties, including Los Angeles and San Francisco, that already have such bans. The law marks a major milestone for environmental activists who have successfully pushed plastic bag bans in cities across the U.S., including Chicago, Austin and Seattle.