Content about Wal-Mart U.S.

July 9, 2013

Walmart confirmed in an op-ed in the Washington Post that it will pull the plug on three planned stores in the Washington, D.C., area if the D.C. Council passes a bill setting a higher minimum wage for large retailers.

New York -- Walmart confirmed in an op-ed in the Washington Post that it will pull the plug on three planned stores in the Washington, D.C., area if the D.C. Council passes a bill setting a higher minimum wage for large retailers. The bill, the Large Retailer Accountability Act (LRAA) of 2013, is scheduled for a vote on Wednesday.

August 16, 2011

Wal-Mart Stores reported Tuesday that profit for the quarter ended July 31 rose to $3.8 billion, up from $3.6 billion in the year-ago period.

Bentonville, Ark. -- Wal-Mart Stores reported Tuesday that profit for the quarter ended July 31 rose to $3.8 billion, up from $3.6 billion in the year-ago period. Overall revenue, up 5.4% to $109.37 billion, topped Wall Street’s expectations.

Yet, the world’s largest retailer is feeling the pinch from a tight economy that is slow to loosen. Wal-Mart U.S., the company's biggest unit, posted a 0.9% drop in same-store sales, the ninth consecutive quarterly drop and beneath analysts' estimates for a 0.6% fall.

March 10, 2011

Wal-Mart Stores, in a presentation at a Bank of America Merrill Lynch conference on Thursday, announced that it would open “hundreds” of smaller-format stores over the next three years.

Bentonville, Ark. -- Wal-Mart Stores, in a presentation at a Bank of America Merrill Lynch conference on Thursday, announced that it would open “hundreds” of smaller-format stores over the next three years.

According to Bill Simon, president and CEO of Wal-Mart U.S., the ramped-up development could be augmented by some acquisition activity, although he didn’t elaborate on specifics.

October 26, 2008

Wal-Mart Stores’ U.S. namesake division plans to cut new store growth over fiscal 2009 and...

September 3, 2008

Many U.S. retailers struggled with a sluggish back-to-school season this August, though some discount and...

June 19, 2008

David Wild, who is currently serving as senior VP for new business development at Wal-Mart...