Wal-Mart in the News

Every day, our researchers scour newspapers big and small and the Internet to find out where Wal-Mart is making headlines.

TITLE DATE
Wal-Mart expands low-price drug program Wal-Mart has increasingly focused its price leveraging strengths to drive out costs in the health care system, lowering the price of prescriptions, adding vision centers and in-store clinics to its U.S. operations.
-- NW Arkansas Morning News
May 06
Target Cuts Prices Of Pharmacy, Over-The-Counter Drugs Target said the move will keep its prescription and over-the-counter drug prices competitive with Wal-Mart Stores Inc. (WMT).
-- Dow Jones Newswire via Wall Street Journal
May 06
Wal-Mart cuts prices on more drugs "Today’s extension will generate additional pharmacy volume for the company, especially given the current weak consumer environment and rising healthcare costs,” said Uta Werner, a Sanford C. Bernstein & Co. analyst. “While we estimate that gross margin for the category is below (health and wellness) segment average, we believe that it has important traffic-driving benefits across the store.”
-- MarketWatch
May 06
Wal-Mart expands low-price drug program The over-the-counter medication price rollbacks represent about one-third of the retailer’s over-the-counter medicines. They include Wal-Mart’s Equate versions of popular drugs, including Zantac, Pepcid and Claritin, and Wal-Mart’s Spring Valley prenatal vitamins.
-- Associated Press
May 06
Burned By Flip Flops From Walmart A year later Stiles still has scars and days where the pain is too much. She’s tried to get answers from Walmart about what was in the sandals but after hitting roadblock after roadblock she decided to start a website. She quickly realized she wasn’t alone.
-- WCSC-TV (S.C.)
May 06
Russia Appears Ripe for Wal-Mart News that Wal-Mart may be entering the Russian market - the retailer announced that it has appointed an executive to explore opportunities here - has piqued the curiosity of tired shoppers like Zhalnina. Although all-in-one superstores aren’t new to Russia, there aren’t many, and they are on a smaller scale than those in the U.S.
-- Women's Wear Daily
May 06
Wal-Mart replaces Garland Hypermart with first ‘Hispanic community’ store Wal-Mart Stores Inc.’s original Hypermart USA, the precursor to its successful food and general merchandise Supercenter concept that catapulted it into becoming the world’s largest retailer, closes today.
-- Dallas Morning-News (Texas)
May 06
Icelandic Artist Loses Case against Wal-Mart List said the idea behind his work was to criticize American greed and cultural hegemony and that Wal-Mart’s lawsuit has proven his point. The arbitration court however ruled that List’s domain was too similar to Wal-Mart’s name.
-- Iceland Review
May 06
Asda pledges to source extra £30m from African farmers Asda chief executive Andy Bond will today pledge to source an additional £30m worth of fresh produce from African farmers over the next five years.
-- Talking Retail
May 06
Leading Indian Telecom Seeking Deal in South Africa Bharti Airtel, India’s largest telecommunications company, said Monday that it was in discussions with the MTN Group of Johannesburg. MTN, which operates cellphone systems in Africa and the Middle East, could be worth more than $40 billion in its entirety, according to bankers and analysts.
-- New York Times
May 06
Asda goes into overdrive with staff health promotions ASDA employees are to be provided with health and fitness advice, health checks and healthy food options during the supermarket chain’s three-week health programme.
-- Employee Benefits (U.K.)
May 06
Police thwart armed ex-employee at Austin Wal-Mart Police arrested a former Wal-Mart employee in an Austin store last week with a 9 mm handgun and numerous rounds of ammunition, according to arrest affidavits.
-- Houston Chronicle
May 06
Opinion: Wal-Mart isn’t answer to El Con Mall’s woes El Con doesn’t need a Wal-Mart. Target is already at the site and we do not see the need for two discount retailers in the same mall. El Con does, however, need creativity and a comprehensive vision.
-- Arizona Star
May 06
Dozens gather to hear latest Wal-Mart plan for west side About 75 people showed up for a meeting Monday night on plans for a Wal-Mart supercenter on the west side of Springfield, even though no one is quite sure yet exactly where the retailer would like to build.
-- Springfield Journal-Register (Ill.)
May 06
Residents group fights Wal-Mart in Muskego A community group has organized to fight a proposal for a Wal-Mart Supercenter on the northern end of the city in advance of a Plan Commission meeting tonight, which will discuss whether the proposal meets the zoning requirements and the character of the area off Moorland Road just south of College Ave.
-- Milwaukee Journal-Sentinel (Wisc.)
May 06
NORTH TONAWANDA: Wal-Mart discussion tabled About 20 people got up and left after five minutes at Monday night’s planning board meeting when it became clear all discussion of Wal-Mart plans would be tabled pending two future meeting dates.
-- Tonawanda News (N.Y.)
May 06
Cornelius Wal-Mart opening not expected until 2010 Wal-Mart fans will have to wait another couple of years for a store to open in Cornelius, said Richard Meyer, the city’s director of development and operations.
-- The Oregonian
May 06
Wal-Mart says it won’t build in Forsyth Wal-Mart has withdrawn plans for a superstore in Forsyth County that had been the subject of a four-year battle with neighboring homeowners. The giant retailer said the decision was related to plans announced in June 2007 to more strategically prioritize the development of its supercenters.
-- Atlanta Journal-Constitution
May 06
Wal-Mart OMB hearing underway The future of the proposed Wal-Mart commercial development currently sits in the hands of the Ontario Municipal Board as proceedings began yesterday in Bobcaygeon.
-- My Kawartha (Canada)
May 06
Wal-Mart offers more low-priced drugs Wal-Mart Stores Inc on Monday said it has expanded its low-priced drug program, and will now offer certain 90-day generic prescriptions for $10 and sell more than 1,000 over-the-counter medicines for $4 or less.
-- Reuters
May 05
Wal-Mart was whistleblower in OFT’s supermarket investigation In blowing the whistle, Wal-Mart, which owns the Asda chain, has guaranteed itself immunity from a fine should the OFT discover any cartel activity. Any company found guilty could be fined up to 10 per cent of its annual worldwide sales, which in Wal-Mart’s case would be $37bn (£18.7bn).
-- Telegraph (U.K.)
May 05
Wal-Mart Revises $4 Prescription Program Wal-Mart Stores Inc. (WMT) said its $4 prescription program will now cover a 90-day prescription for $10 and provide additional women’s-health medications and a new $4 over-the-counter offer.
-- Dow Jones Newswire via CNN Money
May 05
The Wal-Mart Weekly: Examining upcoming shareholder resolutions, Part 1 Wal-Mart Watch is generally on the prowl of all things Wal-Mart, and this blog entry describes a shareholder proposal that holds keen interest for me at least, this being a heavily charged political year in the national arena.
-- BloggingStocks
May 05
Wal-Mart’s Shirts of Misery from Bangladesh When you purchase a shirt in Walmart, do you ever imagine young women in Bangladesh forced to work from 7:30 a.m. to 8:00 p.m., seven days a week, paid just 9 cents to 20 cents an hour, who are denied health care and maternity leave; screamed at to work faster; with monitored bathroom visits; and who will be fired for daring to complain or ask for their rights?
-- http://www.trudeausociety.com/home/Business/2008/03/16/01005.html
May 05
The True Story of a Bogus Blog In 2006, a couple with a blog, Wal-Marting Across America, about traveling across the country in an RV and staying in Wal-Mart parking lots, failed to disclose that the venture had been funded by a Wal-Mart-sponsored group and organized by Edelman, Wal-Mart’s PR firm.
-- Adweek
May 05
Seeing Green? Maybe It’s Time to Go Blue Our work with Wal-Mart shows that people are ready; and the inaugural Green Effie honoring this work as effective eco-marketing recognized that the marketing community is ready too. Engaging people at the store-face might not be the conventional strategy, but it’s working.
-- Advertising Age
May 05
Corporate America feels the change as consumers alter buying habits Yet the economic slowdown has not been bad news for everyone, reflecting both behavioural shifts under way among US consumers and the advantages enjoyed by those companies that are less reliant on the US domestic market than most of their rivals.
-- Financial Times
May 05
NASA employees big spenders on government credit Among other purchases, she spent $2,000 to install a new air conditioner at her Florida home, more than $51,000 on Wal-Mart gift cards and groceries and at least $13,000 on electronics from Best Buy.
-- Houston Chronicle
May 05
Wal-Mart opens Mexican mall The $640 million pesos investment is Wal-Mart’s first sustainable mall with Wal-Mart Supercenter, Sam’s Club and Vips, and El Porton restaurants. It is expected to create 3,500 jobs.
-- NW Arkansas Morning News
May 05
Wal-Mart breaks misuse of taxes Concerning Wal-Mart receiving subsidies ("Wal-Mart breaks cancel sales tax gains,” April 16), it seems that corporate subsidies are being handed out without public discussion.
-- Modesto Bee (Calif.)
May 05
Letter: ‘Gift’ check won’t be going to Wal-Mart Sorry, Mr. Bush, but you won’t see my husband and I spending our “gift” in Wal-Mart. Instead, it will go toward our son’s increased college tuition bill, which is more of a hardship for us now without these loans.
-- Boston Globe
May 05
Wal-Mart traffic plan debate to be continued Wal-Mart’s quest to build a Medford supercenter will head back to the city’s Site Plan and Architectural Commission for a public hearing, the City Council decided late Thursday.
-- Mail Tribune (Ore.)
May 05
Big-box struggles: Large store closings add to Oshkosh’s empty-storefront woes Oshkosh continues to lose the big-box war as community officials and commercial developers seek ways to market the large, vacant retail locations with little success.
-- The Northwestern (Oregon)
May 05
New Wal-Mart, Sam’s Club stores on hold Plans to build a Wal-Mart in Waite Park appear to be on hold, and recent media reports indicate it could be part of a larger corporate plan to scale back expansions.
-- St. Cloud Times (Minn.)
May 05
Wal-Mart puts halt on stores "But Stacie Lock Temple, a spokeswoman for Wal-Mart Watch, said the retailer will never admit that residents’ complaints have any impact on where it decides to build.”
-- Gwinnett Daily Post (Ga.)
May 05
Reports: Wal-Mart eyes El Con space An attorney for El Con told neighborhood leaders and city representatives last week that Wal-Mart is negotiating with Macy’s for the space, a roughly 300,000-square-foot, three-level building on west end of the mall, at 3601 E. Broadway.
-- http://www.azstarnet.com/business/237257
May 05
DoJ Files Decree Ordering Wal-Mart To Pay Veteran The Department of Justice said Thursday it filed a constant decree that will resolve its employment lawsuit against Wal-Mart Stores Inc. (WMT) on behalf of Sean Thornton.
-- Dow Jones Newswire via CNN Money
May 02
Big Retailers Scaling Back Expansion Plans and Shutting Stores After a decade of breakneck expansion, big retail chains are slamming on the brakes - hard...Many retailers not shutting stores are scaling back plans for new ones. J. C. Penney, Kohl’s and Wal-Mart are slowing their expansion or delaying store openings.
-- New York Times
May 02
Tax cuts add up to long-range problems Our House of Representatives votes to hand a multimillion dollar tax break to corporations that do a bunch of their business overseas. So if Wal-Mart maintains a little office somewhere in lower Belgium, that means the company need not give Massachusetts as much as it normally does? Should we refuse to cut it a break, will its stores pull out of the Bay State?
-- Boston Herald
May 02
Sam’s Club Will Donate Food Products Sam’s Club, the membership-warehouse subsidiary of Wal-Mart Stores Inc., is reviving food donations to local food pantries two years after halting the practice in favor of giving cash, the world’s largest retailer said.
-- Associated Press via Wall Street Journal
May 02
Walmart.Com Using Wii Fit to Boost Mom’s Day Sales Forget the flowers and candy—Nintendo Co Ltd’s highly anticipated “Wii Fit” video game will debut in the U.S. later this month, and Wal-Mart Stores Inc’s online division is trying to persuade shoppers to order the game as “a perfect gift” for Mother’s Day.
-- Reuters
May 02
Wal-Mart recruiting more affluent shoppers to its stores? Wal-Mart Stores, Inc. has been trumpeting the fact for over a year now that it wants to get more higher-income shoppers into its locations to buy more higher-margin goods. Is it winning that strategy?
-- BloggingStocks
May 02
California Ban on Toxic Chemical BPA Passes Senate Health Committee The Senate Health Committee voted 6-3 to approve and send to the Senate floor SB 1713, the “Toxin-Free Toddlers and Babies Act,” by Senator Carole Migden (D-San Francisco/North Bay).
-- California Chronicle
May 02
Cheap and convenient come at a cost Wal-Mart is a giant American corporation (2006 revenue of $315 billion) run out of Arkansas that devastates every town and neighbourhood in the U.S., Canada, Mexico, Brazil and Britain where it plants a store.
-- Rabble (Canada)
May 02
Tinley Park Plan Commission rejects Wal-Mart plan Tinley Park plan commissioners on Thursday night unanimously rejected a Chicago developer’s proposal to build a Wal-Mart Supercenter next to homes in the village’s largest subdivision.
-- South Town Star (Ill.)
May 02
Wal-Mart Weighs In On Packaging At FTC ‘Green Guides’ Workshop Reducing the weight of Honest Kids organic juice drink pouch bulk packs sold at Wal-Mart is one of the success stories highlighted at the April 30 Federal Trade Commission “Eco in the Marketplace” public workshop on product packaging claims.
-- Environmental Leader (Colo.)
May 02
LEHT Wal-Mart plan draws opposition Wal-Mart’s first presentation to the Planning Board was greeted Thursday night by a crowd of residents largely opposed to the planned superstore on Route 9. The store itself, which would be more than 151,000 square feet including a 6,300-square-foot garden center, would be located on the southbound side of Route 9 approximately 700 feet north of Otis Bog Road.
-- Press of Atlantic City (N.J.)
May 02
Wal-Mart: Council not at fault I would like to thank Michael Wilson for his questions of the treasury report at a recent city council meeting. While I may disagree with Councilmember Wilson on certain issues facing the city, I wholeheartedly agree with his position on city investments in Wal-Mart.
-- Times Herald (Calif.)
May 02
After nearly 8 years, Wal-Mart set to open After nearly eight years of negotiation and controversy, the Wal-Mart Supercenter in southwest Arlington near Little Road and U.S. 287 is scheduled to open Wednesday.
-- Ft. Worth Star-Telegram (Texas)
May 02
Wal-Mart has an eye on city’s southside Sally Aiello, a Wal-Mart spokeswoman, said the company was looking at several Southside locations and cannot confirm reports that one of those locations is the corner of Airline Road and Saratoga Boulevard.
-- Corpus Christi Caller-Times (Texas)
May 02

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