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Wal-Mart has always been an intimidating taskmaster in China, extracting the lowest possible prices from suppliers. Last year it raised the bar a notch for these thousands of mostly small manufacturers, requiring that they meet or exceed all local environmental regulations. Wal-Mart gives them tips on how to boost energy efficiency and cut consumption of raw materials. It also delivers a blunt threat: Manufacturers have until 2012 to meet the new standards or risk being cut from the supply chain.
Wal-Mart Stores agreed to institute a crowd-control plan in New York stores in the wake of a 'Black Friday' shopper melee where a worker was trampled to death.
Wal-Mart Stores Inc is awarding approximately $2 billion to its U.S. hourly employees through financial incentives, including handing out $933.6 million in bonuses on Thursday, after the world's largest retailer gained market share amid a recession.
In an interview with The New York Times, Bruce Springsteen says he shouldn't have made a deal with Wal-Mart. This month, the store started exclusively selling a Springsteen greatest-hits CD.