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Retailer Wal-Mart Expands Its Bribery Investigation

Posted November 15th, 2012 at 4:30 pm (UTC-5)
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The world’s largest retailer, U.S.-based Wal-Mart Stores, says it is expanding its internal investigation into whether company officials paid bribes to foreign officials to help expand the company’s operations abroad. A year after Wal-Mart revealed that U.S. officials are investigating its Mexican subsidiary, the company said Thursday in a filing with the U.S. Securities and […]

Tags: , , , Posted in Economy

Wal-Mart Aims for China Rebound After Meat-Packaging Scandal

Posted February 16th, 2012 at 3:05 am (UTC-5)
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The world’s largest retailer says it is looking forward to rapid growth in China as it recovers from an embarrassing meat-packaging scandal. The chief executive of Wal-Mart International says the company hopes not only to keep pace with China’s rapid economic growth but to exceed it as the company seeks to boost its market share. […]

Tags: , , Posted in East Asia Pacific, Economy

Wal-Mart Re-Opens Chinese Stores Promising Better Compliance

Posted October 25th, 2011 at 1:05 am (UTC-5)
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The global retailer Wal-Mart says it has re-opened 13 stores in the Chinese mega-city of Chongqing after a 15-day shutdown ordered by authorities in a meat packaging scandal. Wal-Mart said Tuesday it has retrained its staff to comply with local laws and has installed food inspection laboratories at each of its Chongqing stores. It has […]

Tags: , , Posted in East Asia Pacific

Wal-Mart CEO in China Resigns Amid Mislabeled Pork Allegations

Posted October 17th, 2011 at 12:10 am (UTC-5)
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Retail giant Wal-Mart says its chief officer and another top executive in China have stepped down amid accusations that the company sold mislabeled pork. Chinese authorities last week ordered Wal-Mart to close more than a dozen stores in the city of Chongqing following charges that the stores had sold ordinary pork as organic for the […]

Tags: , , Posted in East Asia Pacific, Economy

China Shutters Wal-Mart Stores Over Fraudulent Pork Sales

Posted October 10th, 2011 at 5:30 am (UTC-5)
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Chinese officials have ordered the American retailing giant Wal-Mart to close at least 10 stores where tons of falsely labeled pork were sold. The official Xinhua news agency said the stores sold more than 63,000 kilograms of ordinary pork that was falsely labeled as organic. All the stores are located in the huge western city […]

Tags: , , , , Posted in East Asia Pacific, Economy

China Shutters Wal-Mart Stores Over Fraudulent Pork Sales

Posted October 10th, 2011 at 5:15 am (UTC-5)
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Chinese officials have ordered the American retailing giant Wal-Mart to close at least 10 stores where tons of falsely labeled pork were sold. The official Xinhua news agency said the stores sold more than 63,000 kilograms of ordinary pork that was falsely labeled as organic. All the stores are located in the huge western city […]

Tags: , , Posted in East Asia Pacific

Wal-mart Announces Outreach to Women

Posted September 14th, 2011 at 3:50 pm (UTC-5)
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U.S.-based retail giant Wal-mart has announced plans to increase its outreach to women-owned businesses and female workers seeking job training, weeks after the Supreme Court threw out a gender discrimination lawsuit against the company. Wal-mart officials said Wednesday that they will double the amount the company spends on women’s businesses to $5 billion annually by […]

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Wal-Mart Wins Huge Discrimination Lawsuit

Posted June 20th, 2011 at 11:20 am (UTC-5)
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The U.S. Supreme Court has ruled against a huge group of women suing Wal-Mart for alleged gender discrimination. Under U.S. law, if an issue involves large numbers of people with very similar claims, the litigation can be combined into what is called a “class-action” lawsuit. This lawsuit potentially involved as many as 1.6 million women, […]

Tags: , , Posted in Economy

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