Breaking News about Wal-Mart:

US retailers remove Osama bin Laden Halloween costume

Source: Business Balla | Oct 4 2013, 8:48am CDT | by IANS

US retailers remove Osama bin Laden Halloween costume
Washington, Oct 4 (IANS) America's largest retail chain Walmart and several other retailers have pulled a beard and turban-themed Halloween costume after the Sikh community objected to the Osama bin Laden-like outfit.
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1 of 2 officers involved in fatal police shooting at Ohio Wal-Mart is back on the job

Aug 21 2014 1:06pm CDT | Source: Canadian Business Online

BEAVERCREEK, Ohio – One of two police officers involved in the fatal shooting of a man at an Ohio Wal-Mart is back on the job. Sgt. David Darkow returned to work following the Aug. 5 shooting in the Dayton suburb, Beavercreek city attorney Stephen McHugh told the Dayton Daily News. The other officer remains on administrative leave, he said. Attorney General Mike DeWine has said a special county grand jury will convene Sept. 3 to ...
Full article at: Canadian Business Online


Wal-Mart Drops iPhone 5c price to $.97, Preps For iPhone 6

Aug 21 2014 11:11am CDT | Source: Forbes Real Time

Mega-retailer Wal-Mart is dropping the price on it’s 5c model iPhone to a mere $.97 with a contract, according to spokespeople people for the company. CNet is reporting that at as of 9 am this morning, Walmart will charge $.97 for it’s budget 5c and $79 for it’s sturdi ...
Full article at: Forbes Real Time


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Banjul, Aug 22 (IANS) Gambia's ministry of health and social welfare said Thursday that it is on high alert for a possible Ebola outbreak in the country and are taking preventive measures to tackle the disease. | by IANS
Young Europeans less informed about 'legal highs': Survey
Brussels, Aug 22 (IANS) Young Europeans are less informed about "legal highs" and the effects of drugs compared to a few years ago, a survey said. | by IANS
Two US Ebola patients released from hospital
Washington, Aug 22 (IANS) Two US aid workers who contracted the Ebola virus while treating patients in west Africa have been discharged from the Emory University Hospital in Atlanta, the hospital said Thursday. | by IANS

4 Reasons Sears Is Headed Straight For Death

Aug 21 2014 10:38am CDT | Source: Business Insider

Sears is in huge trouble. The department store has been bleeding cash, posting its ninth straight quarterly loss this morning.  Sears CEO Eddie Lampert said that the company will close even more stores and cut costs in the coming months to combat the "unacceptable" losses.  Earlier this year, former Sears executive Steven Dennis wrote that he believes a turnaround is impossible.  "The uncomfortable and sad reality is this: Sears has zero ...
Full article at: Business Insider


Update: Wal-Mart's New Initiatives To Boost US Sales

Aug 21 2014 10:25am CDT | Source: SeekingAlpha

By BB Research:Wal-Mart (NYSE:WMT) has been testing a new technology that would help the retailer improve its front-end operations, including scan and go in across 200 stores as well as self-serve kiosks, according to a report. The company said that it will allocate more staff hours to the front-end, along with other key areas of the store in order to make sure that shoppers' times aren't wasted. Wal-Mart US new president and CEO Greg Foran said, "We will ...
Full article at: SeekingAlpha


Wal-Mart slashes price on iPhones: 5C for less than a dollar.

Aug 21 2014 9:25am CDT | Source: The Washington Post

Wal-Mart is slashing iPhone prices. Starting Thursday at 9 a.m. local times, the retail giant is selling the iPhone 5s for $79 and the iPhone 5c for a mere 97 cents. Previously the iPhone 5s was $99 and the iPhone 5c was ...
Full article at: The Washington Post


Columbia County approves $700,000 in incentives for development

Aug 20 2014 4:34pm CDT | Source: Augusta Chronicle

Columbia County officials have agreed to give $700,000 in economic incentives to a project that could bring a Wal-Mart “competitor” and as many as 500 jobs to the area outside of Grovetown near Interstate 20. read more ...
Full article at: Augusta Chronicle


Capstone: Low Risk, High Reward

Aug 20 2014 3:01pm CDT | Source: SeekingAlpha

By Paul White:Since the end of April 2014, Capstone Microturbine's (NASDAQ:CPST) share price has been severely and unjustly degraded. The product this company brings to market is as important, or even more so, than similar alternative energy plays including: Plug Power (NASDAQ:PLUG), FuelCell Energy (NASDAQ:FCEL), and Ballard Power Systems (NASDAQ:BLDP). While not directly tied to the fuel ...
Full article at: SeekingAlpha


Target's Canadian Expansion Is Still Draining Profits

Aug 20 2014 10:04am CDT | Source: Business Insider

Target's $4.4 billion expansion into Canada continues to drain the company's profits.  Operating losses from the chain's Canadian stores widened to $204 million in the second quarter from $169 million a year earlier, the company reported Wednesday. Same-store sales in the country fell 11.4% over the same time period and gross margins stood at 18.4%, down from 31.6% a year earlier. Target's losses for the Canadian business now total more tha ...
Full article at: Business Insider


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