USA Today reports that Dale Earnhardt Jr. enjoys shopping at Walmart late at night and in the wee hours of the morning. Occasionally he gets spotted by fans, however, even ending up on the infamous PeopleofWalmart.com site after one nighttime trip.
LA Times: Walmart profit 10.1% in first quarter
May 18, 2012 Via Leave a Comment
The LA Times reports a major comeback for Walmart, with a reported profit of 10.1% in its first quarter. This is in contrast to sales at Gap, which remained steady, and a massive, $163 million loss for JC Penney.
MarketWatch: Walmart stock price rallies, largest sales gain in over three years
May 17, 2012 Via Leave a Comment
MarketWatch reports on Walmart’s sales gains as well as its stock price increase of 5.3% amid the decline of other stocks. The article notes that Walmart’s decision to re-add basics, such as fabric, has increased sales.
Consumerist: Walmart’s having a devil of a time explaining “satanic” symbols on customer’s car
May 17, 2012 Via Leave a Comment
The Consumerist reports that a woman brought her car to Walmart for an oil change and allegedly left with satanic graffiti on its undercarriage. Walmart is investigating the woman’s claims that a “sassy” mechanic used sealant to write the disturbing symbols.
The City Wire: former Walmart CEO discusses bribery scandal, integrity, leadership
May 17, 2012 Via Leave a Comment
The City Wire reported on former Walmart CEO Don Soderquist’s remarks at a recent “Doing Business in Bentonville” meeting in which Soderquist discussed the importance of ethics in leadership. During the meeting, Soderquist commented on the recent Mexican bribery allegations, saying: “”In times like this, it’s good for reflection. Personal opinion, I believe Wal-Mart will [...]
Reuters: Walmart hoping that sales growth will mitigate Mexican bribery scandal fallout
May 16, 2012 Via Leave a Comment
Reuters reports on Walmart’s hopes that its most recent quarter’s sales increase will increase investors confidence and give its stock price a boost. The good news about sales may counteract the accusations that Walmart officials were aware of bribes paid to Mexican officials to ensure rapid expansion in Mexico.
Generic Plavix® to Arrive at All Walmart and Sam’s Club Pharmacies on May 19
May 16, 2012 Via Leave a Comment
Retailer Reaffirms Commitment to Provide Affordable Healthcare Solutions; Offers Thousands of Generic Medications BENTONVILLE, Ark., May 16, 2012 /PRNewswire/ — Walmart (NYSE: WMT) announced today that it will be among the first retailers to offer Clopidogrel, the generic version of Plavix®. Clopidogrel will be available at all Walmart and Sam’s Club pharmacies on May 19. [...]
NJ.com: man files lawsuit against Walmart over racist PA announcement
May 15, 2012 Via Leave a Comment
NJ.com reports that a man has filed a 1,000,000 lawsuit against Walmart, alleging that he has suffered “severe and disabling emotional and physical harm” since an incident in which another Walmart customer grabbed a microphone and made a racist announcement over the store’s PA system. Due to the amount of damages requested, Walmart requested that [...]
The Boston Globe: Walmart installing solar panels at 27 Massachusetts stores
May 15, 2012 Via Leave a Comment
Here comes the sun! The Boston Globe reports that Walmart plans to install solar panels on 27 of its stores in Massachusetts: ” ‘On average, the systems we’ll be using in Massachusetts will provide from 10 to 15 percent of each store’s power requirements,’’ said David Ozment, Walmart’s director of energy programs. “We’re very optimistic [...]
Survey: Walmart customers still cross-shop for best deals
May 15, 2012 Via Leave a Comment
A recent consumer perception study conducted by leading marketing research firm ClickIQ found that about 80% of Walmart shoppers are either “extremely” or “very” familiar with the retailer’s philosophy of “everyday low prices” and a full 90% of them say it is “extremely” or “very” important to them, yet more than half cross-shop other retailers [...]
