Providing Daily Walmart News to the Supplier Community
The Miami Herald reports that the Democratic National Committee (DNC) returned Walmart’s donation of $50,000 in gift cards at the urging of the United Food and Commercial Workers International Union. A union spokesperson praised the DNC’s decision and said “The allegations of bribery and corruption against Walmart are serious and there is no way to [...]
SAN DIEGO, May 07, 2012 (BUSINESS WIRE) — Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) ( http://www.rgrdlaw.com/cases/walmart/ ) today announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Middle District of Tennessee on behalf of purchasers of Wal-Mart Stores, Inc. (“Walmart”) [...]
Fox Business reports that both Apple and Walmart are working to bring more Apple products into their stores. While neither retailer will stock computers, they will stock iPads, iPhones and accessories in hopes of attracting shoppers to their stores. An article on Fox Business
Jason Kornwitz at News@Northeastern recently sat down with finance professor Harlan Platt for a “three questions” interview to get Platt’s opinions on the fallout from the recent Walmart Mexican bribery scandal.
ITWeb.com reports that both Walmart and eBay have developed new search engines designed to help them better compete with Amazon. Walmart’s difficulty in translating its brick & mortar success to online sales led it’s @WalmartLabs to design a new search engine in hopes of making it easier for customers to find products for at Walmart.com.
Reuters reports on Warren Buffet’s recent meeting with shareholders, in which he discussed his health, recent acquisition attempts and made some comments on the recent Walmart de Mexico bribery scandal.
Ars Technica recently ran a post by Sean Gallagher on the potential for hackers to exploit Walmart’s new payment option. Walmart notes that it already expects 20% of individuals placing an order to never show up to make payment. (Perhaps this is a “wait and see” matter. Should be interesting! –L.P.)
HumanKind Water is Grand Winner; PlateTopper and SnapIt Eyeglass Repair Kit Also Win SAN BRUNO, Calif. – May 3, 2012 – Walmart (NYSE: WMT) today announced the final winners of its popular Get on the Shelf contest, HumanKind Water, PlateTopper and SnapIt Eyeglass Repair Kit. More than 4,000 inventors, entrepreneurs and small businesses from across [...]
Only 1 in 5 steaks qualify for Walmart’s USDA Choice Premium Beef label BENTONVILLE, Ark., May 3, 2012 – Got a taste for grilling? Almost eighty-six percent of households own an outdoor barbecue, grill or smoker. This year, meats, especially steak (83 percent), top the list of the most popular foods prepared using a grill.* [...]
M. Joy Hays, a contributor to The Motley Fool, argues that Walmart’s Mexican bribery scandal will cost consumers as well as Walmart. When major businesses indulge ethical lapses, she argues, their overall accountability suffers, which can affect customers down the line.
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