Wal Mart

Lord & Taylor will continue to operate its own website, but shoppers at lordandtaylor.com will be able to pick up and return items at Wal-Mart's 4,700 U.S. retail stores, the WSJ reported, citing a person familiar with the matter.

Wal-Mart class-action suit plaintiff dies in California

The 2001 lawsuit alleged the company violated the 1964 Civil Rights Act, which made it illegal for employers to discriminate on the basis of race, creed or gender.

Large US firms stashed $1.6 trillion in tax havens: Oxfam

Poverty-fighting organisation Oxfam America said the sum for 2015 was a USD 200 billion increase over the prior year. The report cites the companies' own data.

Positive supply audit report to open floodgates of new orders: Fiberweb India

The positive supply audit report is sure to open floodgates to news orders for the company, said Pravin Sheth, CMD, Fiberweb.

Flipkart seeks to raise $1.5 bn from Microsoft, others

India‘s largest online market place, Flipkart, is in plans to increase the size of its funding round and is now seeking to raise up to USD 1.5 billion from investors including Microsoft Corp., eBay Inc., PayPal Holdings Inc. and Tencent Holdings Ltd, reports Mint.

US markets will adjust to new investing order in week ahead

Instead of latching onto the uncertainties, the market vaulted higher on the president-elect's promise of changing the tax code and launching a huge spending program to stimulate the economy.

Flipkart may raise $1 billion from Wal-Mart, Canadian fund

Stepping up its game, Indian e-commerce firm Flipkart may raise around $1 billion from the Canada Pension Plan Investment Board (CPPIB) and US retail giant Wal-Mart Stores, according to a Hindu BusinessLine report.

Wal-Mart to face class-action over alleged bribery in Mexico

The allegations included that Wal-Mart's Mexican unit paid millions of dollars in bribes to speed building permits and gain other favors.

Wal-Mart stops selling Egyptian cotton sheets made by Welspun

Wal-Mart Stores Inc on Friday said it will stop selling Egyptian cotton sheets made by Welspun India after the Indian manufacturer was unable to assure them the products were authentic.

What Welspun saga tells us: cotton by any other name isn't...

Welspun India lost more than a third of its market cap in two days after its US client Target Corp cancelled its contract. The client alleged that Welspun sold pillowcases with non-premium cotton, instead of Egyptian variety. Even as other clients have launched a probe, Moneycontrol tries to find out if the textile maker is in trouble.

Walmart, JD.com announce alliance in China

Under the deal, JD.com will take ownership from Wal-Mart Stores of the Yihaodian brand, website and app. Wal-Mart will continue to run the Yihaodian direct sales business.

Wal-Mart testing Uber, Lyft for online grocery delivery

The move is the latest step in the retailer's efforts to better compete with Amazon, which is delivering groceries directly to shoppers' homes in several markets.

Wal-Mart steps up online efforts in China as a key to future

Wal-Mart has been stepping up its efforts to get a bigger share of China's overall online business, which now has surpassed the U S and dominates globally. Last July, four years after buying a minority stake, the world's largest retailer took full control over Yihaodian, founded in 2008.

Walmart Inaugurates New Technology `Center of Excellence` in Bengaluru

Walmart, the world’s largest retailer, today inaugurated its new technology “center of excellence” in Bengaluru. The center will ...

Walmart Inaugurates New Technology `Center of Excellence` in Bengaluru

Walmart, the world’s largest retailer, today inaugurated its new technology “center of excellence” in Bengaluru. The center will ...

Wal-Mart adds to mobile wallet frenzy with 'Walmart Pay'

The mobile payments space in the US has seen a flurry of new launches and partnerships in the past year but has failed to gain traction as customer and merchant adoption have been sluggish.

Wal-Mart earnings dip but beat expectations

Walmart, the world's biggest retailer, said earnings for the quarter ending October 31 were down 11 percent to USD 3.3 billion. That translated into USD 1.03 per share, better than the 98 cents projected by analysts.

Warren Buffett: I won't sell anything due to Paris attacks

Meanwhile, Buffett's Berkshire Hathaway released its latest 13F filling Monday, revealing a boosted its stake in IBM by nearly 1.47 million shares, or just over 1.8 percent.

CVC summons Wal-Mart India head over graft charges

However, Wal-Mart spokesperson in a statement said it has not received any request from the CVC.

JPMorgan Chase says it is building a rival to Apple Pay

The largest US bank is the latest company to try to profit from the prevalence of smartphones, which many financial executives believe will one day be consumers' preferred way to pay for everything from milk and eggs at the supermarket to a rental car at an airport.

Ferrari IPO expected at $53/share, above estimates: Sources

The IPO comes just one week after Wal-Mart's market-shaking news caused another company to postpone its own offering amid negative pricing pressure and another to come public below its price range.

WalMart paid millions of dollars in bribes in India: Report

In a major report, The Wall Street Journal said Wal-Mart's "suspected bribery" unearthed in India involves thousands of small payments to low-level local officials to help move goods through customs or obtain real-estate permits.

Wall Street falls after Wal-Mart's weak forecast

The Dow Jones industrial average fell 157.14 points, or 0.92 percent, to 16,924.75, the S&P 500 lost 9.45 points, or 0.47 percent, to 1,994.24 and the Nasdaq Composite dropped 13.76 points, or 0.29 percent, to 4,782.85.

Wal-Mart to cut hundreds of jobs at headquarters: Sources

Fewer than 500 employees are expected to lose their jobs and an announcement could be made as early as this Friday, according to one of sources, who declined to be named because the move had not been made public.

Home Depot, Wal-Mart, data could wake up August market

Two Dow components Wal-Mart and Home Depot report ahead of the opening bell. Home Depot was trading at an all-time high Monday, while Wal-Mart has been a laggard and is 21 percent from its January high.