Wal-Mart Stores Inc - the best personalized free web-based Email en en Wal-Mart Stores Inc Wal-Mart sees online sales surge, more shoppers at stores BENTONVILLE, Ark. (AP) — Wal-Mart saw online sales surge as it changed up its shipping offers, and drew more shoppers to its stores as well in the most recent quarter even as retail overall is more competitive. The world's largest retailer said Thursday that sales at established stores rose for the eleventh straight quarter, and customer traffic rose for ... Thu, 18 May 2017 18:45:00 GMT 2017-05-18T18:45:00Z Target locked in game of shipping tag with Wal-Mart, Amazon NEW YORK (AP) — Target, Wal-Mart and Amazon are engaged in a game of shipping tag, each trying to adjust their free threshold and other shipping strategies to a level that can lure shoppers away from one of the other. Minneapolis-based Target has the furthest to go as it tries to put itself in better competition with Amazon, the undisputed online leader, ... Wed, 17 May 2017 21:44:00 GMT 2017-05-17T21:44:00Z $7.5M settlement approved in Wal-Mart same-sex benefits case BOSTON (AP) — A $7.5 million class action settlement between Wal-Mart and a former employee who challenged the retail chain's lack of health insurance benefits for her same-sex spouse was approved by a federal judge on Monday. The settlement will pay for claims by current and former Wal-Mart associates in the U.S. and Puerto Rico that they were unable to ... Mon, 15 May 2017 21:49:00 GMT 2017-05-15T21:49:00Z US retail sales rebounded in April after sluggish winter WASHINGTON (AP) — Americans stepped up their spending at auto dealers, hardware stores and e-commerce outlets as retail sales rebounded from two sluggish months. The Commerce Department said Friday that retail sales increased 0.4 percent in April from March. Sales ticked up just 0.1 percent in March and fell in February. The increase su... Fri, 12 May 2017 13:14:00 GMT 2017-05-12T13:14:00Z Target testing a restocking program for household essentials NEW YORK (AP) — Target is testing a program that lets customers order household essentials like laundry detergent, paper towels and peanut butter and have them delivered to their homes the next day. The service, being tested with employees for now, is similar to Amazon Pantry, and comes as Target is trying to enhance its online services to better compete with Wal-Mart and on... Mon, 08 May 2017 21:53:00 GMT 2017-05-08T21:53:00Z Retailers and insurers get taxed more, tech less NEW YORK (AP) — To understand taxes, you have to think about geography. Don't worry, this will make sense eventually. The U.S. has high corporate taxes compared with other developed countries. That means companies that make most of their money inside the U.S. pay more in taxes than companies that do a lot of business overseas. Retailers... Thu, 27 Apr 2017 21:43:00 GMT 2017-04-27T21:43:00Z Wal-Mart to discount online-only items delivered to stores NEW YORK (AP) — Starting next week, Wal-Mart will offer discounts on thousands of online-only items when customers elect to have them shipped to one of the company's stores for pickup. The move is part of the retailer's efforts to better compete with online leader Amazon. Initially, the discount will be available on about 10,000 items. ... Wed, 12 Apr 2017 16:04:00 GMT 2017-04-12T16:04:00Z Don't like the proposed border tax? House GOP is changing it WASHINGTON (AP) — Faced with mounting opposition within the Republican Party, a powerful House committee chairman says he is making significant changes to a proposed tax on imports. Rep. Kevin Brady says he is working on changes to both the design of the tax and how it would be phased in. The Texas Republican did not offer more specifics, but said he meets regularly with Pre... Thu, 06 Apr 2017 07:27:00 GMT 2017-04-06T07:27:00Z More big brands pull ads from YouTube in widening boycott SAN FRANCISCO (AP) — An advertising boycott of YouTube is broadening, a sign that big-spending companies doubt Google's ability to prevent marketing campaigns from appearing alongside repugnant videos. PepsiCo, Wal-Mart Stores and Starbucks on Friday confirmed that they have also suspended their advertising on YouTube after the Wall Street Journal found G... Fri, 24 Mar 2017 22:15:00 GMT 2017-03-24T22:15:00Z Hard times for Sears as retailer notes doubt about future NEW YORK (AP) — Sears, a back-to-school shopping destination for generations of kids, has said that after years of losing money that there is "substantial doubt" it will be able to keep its doors open. But it also insisted that its actions to turn around its business should help reduce that risk. It was still a dramatic acknowledgment from the chain that ... Wed, 22 Mar 2017 22:42:00 GMT 2017-03-22T22:42:00Z Big box stores gird for battle with Wisconsin cities MADISON, Wis. (AP) — A battle pitting big-box retail giants including Menards and Wal-Mart against Wisconsin towns and cities is headed to the Legislature. Republican-backed proposals, written in conjunction with the League of Wisconsin Municipalities, are designed to close the so-called dark store loophole and increase how much the mega-retailers pay local communities in pr... Sun, 19 Mar 2017 15:51:00 GMT 2017-03-19T15:51:00Z Americans spent slightly more at retail stores last month WASHINGTON (AP) — Americans spent only slightly more last month at retail stores compared with January, a sign of consumer caution despite rising optimism about the economy. The Commerce Department said Wednesday retail sales ticked up a seasonally adjusted 0.1 percent in February, after a much bigger gain of 0.6 percent the previous month. January's gain was revised higher.... Wed, 15 Mar 2017 13:15:00 GMT 2017-03-15T13:15:00Z Sears, watching spending and inventory, limits adjusted loss NEW YORK (AP) — Sears, stung by higher charges, reported a wider fourth-quarter loss on Thursday, but its adjusted loss was smaller than last year and investors were encouraged that the company closely controlled inventory and expenses. Wall Street looked past falling comparable-store sales as well, and Sears Holdings Corp. shares rose 5 percent. Sales at... Thu, 09 Mar 2017 16:25:00 GMT 2017-03-09T16:25:00Z Target pledges to reinvest in business after weak quarter NEW YORK (AP) — Target, stung by the migration of its customers elsewhere, pledged Tuesday to spruce up some "tired" stores and make other investments in its business after delivering weak quarterly results and an outlook far below what analysts were expecting. The retailer's profit for the quarter that includes the holiday season fell 43 percent, with st... Tue, 28 Feb 2017 22:54:00 GMT 2017-02-28T22:54:00Z Buffett's bite of Apple even bigger than thought OMAHA, Neb. (AP) — Billionaire Warren Buffett, famously leery of technology companies, has loaded up on Apple shares after noticing how inseparable iPhone users are from the gadget once they get one in their pocket. Buffett said on CNBC Monday that Berkshire Hathaway now holds about 133 million shares of Apple after buying yet more of the company's stock ... Mon, 27 Feb 2017 18:36:00 GMT 2017-02-27T18:36:00Z Correction: Trump-Manufacturing story WASHINGTON (AP) — In a story Feb. 23 about a meeting that President Donald Trump held with two dozen manufacturing executives, The Associated Press referred incorrectly to Doug Oberhelman as the CEO of Caterpillar Inc. Oberhelman is the current chairman and former CEO of Caterpillar. A corrected version of the story is below: US factory CEOs to Trump: Job... Fri, 24 Feb 2017 17:40:00 GMT 2017-02-24T17:40:00Z Manufacturing CEOs differ on border tax in talks with Trump WASHINGTON (AP) — The Latest on President Trump's meeting with U.S. manufacturing CEOs (all times local): 2:50 p.m. A senior White House official says several U.S. manufacturing CEOs pushed for a controversial tax on imports during their meeting with President Trump Thursday. The tax, known as the "border-adjusted tax," would also exclude exports from taxation. House Republi... Thu, 23 Feb 2017 20:34:00 GMT 2017-02-23T20:34:00Z Wal-Mart keeps working to make inroads against Amazon NEW YORK (AP) — The nation's largest retailer keeps working to make headway against the largest online seller. Wal-Mart drew more shoppers to its namesake stores in the United States and its online sales soared 29 percent in the fourth quarter, which covers the critical holiday shopping season. That's an indication that its efforts to lower prices and improve web services ar... Tue, 21 Feb 2017 22:11:00 GMT 2017-02-21T22:11:00Z Buffett's firm invests heavily in Apple, airline stocks OMAHA, Neb. (AP) — Warren Buffett's company nearly quadrupled its investment in Apple to over 57 million shares during the last three months of last year. Berkshire Hathaway Inc. filed a quarterly update on its U.S. stock portfolio with the Securities and Exchange Commission on Tuesday. Besides the Apple move, Berkshire also revealed a new 8 million share stake in Monsanto a... Wed, 15 Feb 2017 01:24:00 GMT 2017-02-15T01:24:00Z Sears may sell land, cut jobs to save $1B; shares soar NEW YORK (AP) — Sears may sell more locations, cut more jobs and put more of its famous brands on the block as part of its latest plan to revive the faltering retail chain. The company, which also owns Kmart, said Friday that it is cutting costs by at least $1 billion a year. It also said that it was adding $140 million in liquidity by reworking its debt, giving the company ... Fri, 10 Feb 2017 15:11:00 GMT 2017-02-10T15:11:00Z Retail group: Sales to grow 3.7 percent to 4.2 percent NEW YORK (AP) — Despite a bumpy holiday season, chains like The Limited shutting down and department stores such as Macy's closing stores, the largest retail trade group says it's still optimistic that sales will grow this year — especially online. In issuing its forecast Wednesday, the National Retail Federation did caution that shoppers will remain hesi... Wed, 08 Feb 2017 20:15:00 GMT 2017-02-08T20:15:00Z House GOP's corporate tax scheme has its Republican skeptics WASHINGTON (AP) — House Republicans face opposition to their plan to overhaul the way corporations pay federal taxes from a powerful group of lawmakers — other Republicans. "I'm not very enthused about it," said Republican Sen. Orrin Hatch of Utah, the chairman of the Finance Committee and the Senate's top tax writer. Another skeptic is... Sat, 04 Feb 2017 08:53:00 GMT 2017-02-04T08:53:00Z GOP running into opposition from GOP on tax overhaul WASHINGTON (AP) — House Republicans face opposition to their plan to overhaul the way corporations pay federal taxes from a powerful group of lawmakers — other Republicans. "I'm not very enthused about it," said Republican Sen. Orrin Hatch of Utah, the chairman of the Finance Committee and the Senate's top tax writer. Another skeptic is... Fri, 03 Feb 2017 17:06:00 GMT 2017-02-03T17:06:00Z Uber chief quits Trump business council amid boycott calls WASHINGTON (AP) — Uber CEO Travis Kalanick has quit President Donald Trump's council of business leaders, according to an internal memo obtained by The Associated Press. Kalanick wrote to his employees that he'd spoken with Trump on Thursday to "let him know that I would not be able to participate on his economic council. Joining the group was not meant to be an endorsement ... Fri, 03 Feb 2017 02:07:00 GMT 2017-02-03T02:07:00Z Wal-Mart dumps its version of Amazon Prime for new path NEW YORK (AP) — Wal-Mart is replacing a program that offered free shipping but had an annual fee with one that has a lower free shipping threshold and faster delivery as it hopes to answer Amazon's powerful Prime membership success. The retailer says it will reduce shipping time to two days on 2 million of its most popular items including essentials like ... Tue, 31 Jan 2017 19:52:00 GMT 2017-01-31T19:52:00Z Uber CEO challenged for Trump connection after immigrant ban WASHINGTON (AP) — Uber found itself in hot water on two fronts related to President Donald Trump's temporary ban on immigrants from seven Muslim-majority countries: for allegedly exploiting a taxi protest against the ban and for CEO Travis Kalanick's relationship with Trump. Kalanick said in a Facebook post that the 90-day ban could hurt "thousands" of Ub... Mon, 30 Jan 2017 01:31:00 GMT 2017-01-30T01:31:00Z Judge rejects $80M penalty in Wal-Mart truck drivers lawsuit SAN FRANCISCO (AP) — A federal judge on Wednesday refused to force Wal-Mart to pay $80 million in penalties in a lawsuit alleging the retail giant failed to pay hundreds of truck drivers in California the minimum wage for certain tasks. Wal-Mart acted in good faith when paying the drivers and had reason to believe its payment policy aligned with Californi... Thu, 26 Jan 2017 01:31:00 GMT 2017-01-26T01:31:00Z Wal-Mart to add about 10,000 retail jobs in the US NEW YORK (AP) — Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations. The world's biggest retailer said Tuesday that its plans will also generate about 24,000 construction jobs. The jobs will come from the opening of 59 new, expanded and relocated Wal-Mart and Sam's Club locations as well as e-co... Tue, 17 Jan 2017 20:55:00 GMT 2017-01-17T20:55:00Z Amazon plans to hire 100,000 over the next 18 months NEW YORK (AP) — Amazon plans to hire 100,000 full time workers over the next 18 months, highlighting its ambitious expansion plans — and the sharp contrast the e-commerce powerhouse strikes against traditional brick-and-mortar retailers, many of which are cutting jobs and closing stores . Amazon has long been known for investing the money it makes back in... Thu, 12 Jan 2017 21:54:00 GMT 2017-01-12T21:54:00Z Wal-Mart names John Furner as Sam's Club next CEO NEW YORK (AP) — Wal-Mart says it named John Furner as CEO of its Sam's Club stores to replace Rosalind Brewer, who is retiring next month. Furner, who is 42, will head the membership-only warehouse chain next month. Furner has been Sam's Club's chief merchandising officer since October 2015. Wal-Mart says he first joined the company as an hourly store associate in 1993. ... Fri, 06 Jan 2017 15:24:00 GMT 2017-01-06T15:24:00Z