Wal-mart | featured news

New Jersey authorities are investigating an announcement made over a public address system at a southern New Jersey Wal-Mart telling "all blacks" to leave the store.

Wal-Mart Stores Inc. will cut about 11,200 jobs at Sam's Club warehouses as it turns over the task of in-store product demonstrations to an outside marketing company.

About 1.5 million Graco strollers sold at Wal-Mart, Target and other major retailers are being recalled after some children's fingertips were amputated by hinges on the products.

The death of a six-month old child prompted the recall Tuesday of about 635,000 cribs sold by Kmart, Sears, Wal-Mart and other stores.

For now, it’s a battle of discounts, but Wal-Mart’s long-term goal appears to be stopping Amazon from taking away its business.

Wal-Mart's much-awaited Black Friday deals will focus on a gamut of gadgets such as high-definition TVs, laptops and Blu-ray players, as well as holiday gift favorites such as toys and DVDs, according to a copy of the retailer's circular obtained by CNNMoney.com.

Revenue and profit were up at Wal-Mart, but sales fell 0.4 percent at stores open at least a year.

Walmart has stepped up efforts to mobilise local political support for new store openings in US cities and urban areas that were last month identified as a growth priority for the retailer by Mike Duke, its chief executive.

Amazon lowered its prices on hot upcoming book releases to $9, once again matching Walmart.com in an escalating price war.

Wal-Mart's earnings were flat on lower same-store sales. The retail giant raised the low end of its fiscal-year outlook and plans to speed up cost-cutting measures.