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....At Hill Road, close to Alpha Drive (a dead end, the sign informs us), protesters left a $1bn bill for William Macaulay, boss of energy investor First Reserve Corporation, and another $837m-plus bill at the guardhouse of Ray Dalio’s mansion. Dalio, boss of Bridgewater Associates – which owns bits of many of the US’s low-wage employers, including Walmart and Yum Brands, which owns Kentucky Fried Chicken and Taco Bell – lives in a gated community. ... [Read full article on Guardian ]
Monday 27th of March 2017 10:00:04 AM
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Latest Finance News related to Walmart

Protesters target Connecticut's uber wealthy with 'tax bills' in bid to end loophole image
....At Hill Road, close to Alpha Drive (a dead end, the sign informs us), protesters left a $1bn bill for William Macaulay, boss of energy investor First Reserve Corporation, and another $837m-plus bill at the guardhouse of Ray Dalio’s mansion. Dalio, boss of Bridgewater Associates – which owns bits of many of the US’s low-wage employers, including Walmart and Yum Brands, which owns Kentucky Fried Chicken and Taco Bell – lives in a gated community. ...
Google's bad week: YouTube loses millions as advertising row reaches US image
Source : Guardian [Read Article] Saturday 25th of March 2017 10:00:06 AM
....It’s been a bad week for Google, with major brands pulling millions of dollars in advertising amid rows over extremist content on YouTube. In the US, the telecom companies AT&T and Verizon, as well as the pharmaceutical company GSK, Pepsi, Walmart, Johnson & Johnson and the car rental firm Enterprise, have all pulled advertising from Google’s video-sharing platform, a contagion spreading from Europe, where a number of high-profile advertisers pulled out of YouTube following an investigation by the Times. ...
How many countries? image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:01:18 AM
....". Yet just over a decade ago, Pietra Rivoli had no problems tracking the journey of a single $6 cotton t-shirt she'd picked out of a sale bin in a Walmart in Florida. ...
Asda offers staff a pay rise for 'flexible' contract image
Source : BBC [Read Article] Monday 13th of March 2017 03:18:08 PM
...."By signing up with the Living Wage Foundation they are ensuring that all their staff will have a pay rise that meets the rising cost of living year on year," she said. Asda, which is owned by US retail giant Walmart, claims that 95% of its staff will be better off under the new deal, which will be introduced in October. ...
Trump faces formidable institutional obstacles – so what can he do? | Barry Eichengreen image
.... Others, such as treasury secretary Steven Mnuchin, are evidently sceptical. And an important part of Trump’s business constituency – import-dependent retailers like Target and Walmart – are actively hostile. ...
Asda fined £300,000 after dead mice and flies found at delivery depot image
....Spilt foodstuffs, rotting coriander and gnawed cereal and sugar packets were also discovered. Asda, a subsidiary of the US retail giant Walmart, was also ordered to pay costs of £4,843. ...
Asda imposes harsher terms on suppliers after pound's Brexit slide image
Source : Guardian [Read Article] Thursday 2nd of March 2017 10:25:36 AM
....”. Asda, owned by American giant Walmart, is one of the first retailers to tighten the screw on manufacturers after the Brexit vote. ...
Middle-aged dog walkers to lead Mountain Warehouse across US image
Source : Guardian [Read Article] Monday 27th of February 2017 09:35:52 AM
....Neil Saunders, analyst at US-based GlobalData Retail, says the US could be a lucrative market because Americans spend more on outdoor clothing than Britons. But he cautions: “The landscape is crowded with both specialist and general players [such as Walmart and Target] who have cashed in on America’s love of the outdoors. ...
Driverless trucks: economic tsunami may swallow one of most common US jobs image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:00:02 PM
.... Indeed, even those jobs that did migrate to China are now evaporating as factories there aggressively automate. Among those workers who remain employed, it has become almost cliche to complain about good, well-paying factory jobs that have degraded into far less lucrative and reliable positions at Walmart. ...
Snapchat rising: is Facebook-sized success the future for this youthful app? image
.... It’s fun, lighthearted and interactive,” she said. For example, she worked with Walmart to promote Black Friday by asking her followers to pick a present for her mother, whose birthday coincides with the annual shopping extravaganza. ...
Pokémon Go and no sign of stopping: Apple’s App Store sales boom image
Source : Guardian [Read Article] Saturday 28th of January 2017 03:59:04 PM
.... With such power, and with an effective duopoly in the app market, is there cause for concern over market control?. “I don’t think it is any more worrying than, say, dominance in the [high street] retail sector, especially for games, which comes down to just a few main players like Walmart and Tesco,” says Molyneux. ...
Tesco hails turnaround as festive sales increase image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:18:49 AM
....Asda, the UK’s third biggest supermarket chain, is expected to have had a trickier trading period. Its performance will not become clear until its parent group, Walmart, reports next month. ...
Run-DMC in $50m trademark battle image
Source : BBC [Read Article] Friday 30th of December 2016 09:42:58 AM
....7m) lawsuit accusing retailers of unlawfully using the group's name on items of clothing. Darryl "DMC" McDaniels said that products sold by Amazon, Walmart and other stores violated federal trademark and New York competition laws. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
.... In February, RBS will announce its ninth consecutive year of losses – which have already topped £50bn since its bailout. Sean ClarkeAlready six months into his role running Asda, the UK arm of US retail giant Walmart, Clarke has inherited a business that has dropped into third place out of four big UK supermarkets. ...
With Trump and Uber, the driverless future could turn into a nightmare | John Harris image
....In an act of gorgeous synchronicity with the Uber experiment, Donald Trump’s media people announced on the same day that Uber’s chief executive, Travis Kalanick – who once joked that he would move to China if Trump won the election – would be joining the president-elect’s so-called strategic and policy committee. Made up of big economic hitters from such distinctly 20th-century corporations as General Motors, Walmart, General Electric and PepsiCo – as well as Elon Musk, the space travel and electric car magnate – its brief is simple enough: as a Trump statement puts it, the people involved will be “called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his plan to bring back jobs and Make America Great Again”. ...
Yahoo hack: 1bn accounts compromised by biggest data breach in history image
Source : Guardian [Read Article] Wednesday 14th of December 2016 10:25:31 PM
....Email breaches remain especially vexing to users, since they can reveal bank and family details as well as passwords that users share between systems or have received in their email accounts. Password-sharing has become so common that databases of login information are often used by hackers to test for email-and-password combinations on retailer websites like Walmart or Amazon. ...
Could Trump's chest-thumping over China trigger a trade war? image
Source : Guardian [Read Article] Saturday 10th of December 2016 10:00:11 AM
....Not all factory owners in China are worried about an upcoming trade war. “Trump’s grandstanding performances during the campaign were for publicity, but he’s a successful businessman and therefore should be very rational in his thinking,” said Sun Sijun, chief executive of Uptop Group in southern China, which exports between $150m-$200m worth of Samsonite suitcases and Walmart shoes to the US every year. ...
John Roberts of AO World: 'Businesses aren’t awake to online shopping' image
Source : Guardian [Read Article] Friday 25th of November 2016 06:55:03 PM
.... They weren’t paranoid about all the fundamentals of their business. We sometimes use examples like Kodak didn’t invent the digital camera, or Blockbuster didn’t invent Netflix, or Tesco didn’t invent Ocado, or Walmart didn’t invent Amazon. ...
Black Friday sales rush reported by retailers image
Source : BBC [Read Article] Friday 25th of November 2016 12:16:05 AM
....The institute is calling for new rules to allow people to opt out of email marketing or to set a daily spending limit in online shops. In the US, stores like Macy's, Walmart, and Target opened on Thursday evening to start the sales early amid hopes that more than 137 million shoppers will take part in the sales bonanza. ...
Britain’s housing crisis is so serious that it must be tackled now image
Source : Guardian [Read Article] Sunday 20th of November 2016 06:59:30 AM
.... But if and when Yellen is forced to remind President Trump that central bank independence is not a matter for debate, she will be in good company. Walmart-owned Asda has just revealed its ninth consecutive quarter of declining sales as German discounters Aldi and Lidl eat its breakfast, lunch and dinner. ...
Amazon v Donald Trump? Jeff Bezos may soon face his biggest challenge yet image
Source : Guardian [Read Article] Friday 18th of November 2016 07:13:20 PM
....Despite its size, Amazon still accounts for a relatively small proportion of the retail market, meaning Trump’s claims about a huge antitrust problem are dubious. Its global sales in 2015 of $107bn were dwarfed by Walmart’s $482bn. ...
Asda sales slump puts chain at bottom of UK supermarket league image
Source : Guardian [Read Article] Thursday 17th of November 2016 01:13:32 PM
....Asda has reported a near 6% fall in sales at established stores, confirming its position as the worst performing major UK supermarket. Sales at the Walmart-owned chain’s established stores dropped by 5. ...
Asda sales tumble in third quarter image
Source : BBC [Read Article] Thursday 17th of November 2016 12:47:41 PM
.... . Asda, which is owned by US retail giant Walmart, is battling to retain its place in a fiercely competitive market amid more store openings from German discounters Lidl and Aldi. ...
From Royal Mail to Asda – company schemes that give workers a share image
Source : Guardian [Read Article] Saturday 15th of October 2016 06:01:07 AM
....Meanwhile, supermarket giant Asda this week revealed that its share ownership schemes have effectively delivered more than £750m for staff since the first one was launched in 1982. More than 22,800 Asda employees took part in the company’s Save As You Earn (SAYE) scheme which matured in July this year, giving them the chance to buy shares in the company’s American owner Walmart for a knockdown £37. ...
Asda faces £100m equal pay battle with shopfloor staff image
Source : Guardian [Read Article] Friday 14th of October 2016 02:13:20 PM
.... They claim that this historical discrimination has never been corrected by the firm. The Walmart-owned retailer argued the roles could not be compared because they were carried out in different locations. ...
Tesco shares jump as sales continue to recover image
Source : BBC [Read Article] Wednesday 5th of October 2016 06:22:53 AM
....Jasper Lawler from CMC Markets said: "Tesco has invested heavily in reducing prices in the last two years, and has gradually reduced its customer exodus to the discounters Aldi and Lidl. "Both the German chains are still rapidly gaining market share but less of it is coming from Tesco, with Walmart-owned Asda notably falling out of favour. ...
Breaking down bonds image
Source : BBC [Read Article] Tuesday 13th of September 2016 09:33:43 AM
....As part of its latest QE programme, the Bank of England plans to buy up to £10bn worth of corporate bonds - that's debts originally issued by companies, including some overseas firms that make what the Bank considers to be a "material contribution to the UK economy". The Bank says bonds issued by Apple, McDonald's and Walmart will be eligible. ...
Morrisons to slash food prices by up to 12% image
Source : Guardian [Read Article] Sunday 4th of September 2016 10:22:25 AM
.... Sainsbury’s and Tesco have also cut prices on basics as they try to stem the loss of customers to the German chains. Industry analysts have suggested that Asda, the Walmart-owned supermarket, could also be planning major price cuts. ...
Walmart plans to cut 7,000 jobs image
Source : BBC [Read Article] Thursday 1st of September 2016 05:58:12 PM
. Walmart, the US supermarket chain, plans to cut 7,000 back office and accounting jobs in its US stores. ...
Asda has worst quarterly sales drop blaming food deflation image
Source : BBC [Read Article] Thursday 18th of August 2016 12:11:18 PM
....5% in the past three months, its worst quarterly performance on record. Walmart chief executive Doug McMillon blamed the dip on food deflation and "the competitive environment". ...
Jobs at risk image
Source : BBC [Read Article] Tuesday 16th of August 2016 11:08:07 PM
.... . Many major global retail brands, such as H&M, Walmart, Gap and Marks & Spencer, buy their clothes from Bangladesh. ...
Walmart to buy Jet.com for $3.3bn image
Source : BBC [Read Article] Monday 8th of August 2016 02:29:15 PM
. Walmart has announced plans to buy e-commerce site Jet. ...

Bad dogs crash car into store as woman goes shopping 
 image
Source : Telegraph [Read Article] Monday 1st of August 2016 10:16:13 AM
....A witness told local news channel WSAZ about the moment she realised the driver was actually a canine and the car was heading right towards her. At first, she thought it was a friend playing a joke but managed to get out of the way as the vehicle crashed into a Walmart store. ...

‘Someday a woman will be president’: Why a T-shirt controversy from 1995 has gone viral
 image
.... . In 1995 Walmart pulled "Someday a woman will be president" T-shirt from shelves, saying it offended "family values. ...
Walmart’s China boss to replace Asda chief Andy Clarke image
Source : Daily Express [Read Article] Tuesday 14th of June 2016 07:30:00 AM
. Its US owner, retail giant Walmart, has turned to the head of its Chinese business, Sean Clarke, to lead a turnaround of the UK’s third biggest supermarket, which has suffered seven straight quarters of declining underlying sales. ...
Grumbling Green needs to understand he's not dealing with a legal process image
.... The bald facts for Green should be very simple: you’re a British citizen and MPs wish to ask you legitimate questions, saying no is not an option. Once upon a time, Walmart used to boast about its pride in owning Asda, citing the many trading ideas it had re-imported back to the US. ...
Asda boss departure reveals sweeping change among supermarkets image
Source : Guardian [Read Article] Monday 13th of June 2016 06:21:57 PM
....7%. Judging Asda’s performance is difficult because it is part of Walmart, the biggest retailer in the world, rather than a separate listed entity such as Tesco or Sainsbury’s. ...
Asda replaces CEO with Walmart's China chief image
Source : Guardian [Read Article] Monday 13th of June 2016 11:11:27 AM
....Asda has replaced its chief executive in an attempt to reverse a long run of falling sales at the supermarket amid intense competition between food retailers. Walmart, Asda’s US owner, said Andy Clarke will be replaced by Sean Clarke, a former Asda employee who most recently ran Walmart’s Chinese business. ...
Walmart Canada to stop accepting Visa cards image
Source : Guardian [Read Article] Sunday 12th of June 2016 12:54:48 AM
. Walmart Canada stores will stop accepting Visa cards, claiming the credit card provider charges merchants “unacceptably high” fees. ...
City News: British Retail Consortium, Asda, Co-op, Parkdean Resorts image
Source : Daily Express [Read Article] Tuesday 7th of June 2016 08:07:00 AM
....Burnley was poached last October from Sainsbury's but his contract prevented him from joining Asda for a year. Asda's sales have been squeezed by the emergence of German chains Lidl and Aldi while its "big four" rivals have shown signs of recovery Parent company Walmart's international chief David Cheesewright said it was "very disappointed" by Asda's performance. ...
Elizabeth Holmes's fall from hero to zero highlights problems of rich lists image
....Every summer the magazine offers up rankings of the rich for our perusal, sliced and diced for our voyeuristic delectation. There’s the Big List (the richest 400 Americans, in aggregate), and the wealthiest self-made Americans (winnowing out all those who inherited their loot, like Walmart’s Walton family). ...
A rise in US interest rates may come sooner than we thought image
Source : Guardian [Read Article] Thursday 19th of May 2016 06:21:43 PM
.... Good luck with that, but you can’t blame investors for feeling they’ll believe it when they see it. One theory holds that Asda’s sales are so weak that it’s only a matter of time before US parent Walmart orders its UK off-shoot to launch a price war to combat the discount menace of Aldi and Lidl. ...
Asda sales fall for seventh quarter in a row image
Source : Guardian [Read Article] Thursday 19th of May 2016 12:39:05 PM
....7% in the first three months of 2016. The supermarket chain’s American parent company, Walmart, admitted that price cuts had failed to stop customers defecting to rivals such as the discounters Aldi and Lidl. ...
Tampon tax: supermarkets pledge to pass on tax saving image
Source : Guardian [Read Article] Sunday 15th of May 2016 01:13:50 PM
....”. Writing on behalf of Asda’s chief executive, Andy Clarke, the senior director for corporate affairs, Chris Lowe, told Sherriff that abolishing the tax is a policy that the Walmart-owned supermarket “has long campaigned for and was the top action our Asda mums said they would like the government to take”. ...
Asda adds Yorkshire grit to low prices, but renewal won’t be a piece of cake image
....Things have been getting pretty hot in the kitchen of late for Clarke, as a resurgent Tesco and the rapacious growth of discounters Aldi and Lidl pick off Asda’s shoppers. A newly media-shy Asda will report its first-quarter sales via American parent Walmart on Thursday, and recent industry data suggests the figures will be dire. ...
Trump and Clinton share Delaware tax 'loophole' address with 285,000 firms image
.... That’s more than any other known address in the world, and 15 times more than the 18,000 registered in Ugland House, a five-storey building in the Cayman Islands that Barack Obama called “either the biggest building in the world, or the biggest tax scam on record”. Officially, 1209 North Orange is home to Apple, American Airlines, Coca-Cola, Walmart and dozens of other companies in the Fortune 500 list of America’s biggest companies. ...
Tesco to sell half its stake in online retailer Lazada for £90m image
Source : Guardian [Read Article] Tuesday 12th of April 2016 12:01:08 PM
.... Under new management after a series of profit warnings, Tesco has retrenched to overhaul its UK stores and has been selling international operations such as its business in South Korea. Alibaba, which sells almost 1bn consumer products, has overtaken Tesco and Walmart of the US to become the world’s biggest retailer. ...
Can you power a business on 100% renewable energy? Ikea wants to try image
Source : Guardian [Read Article] Friday 8th of April 2016 04:08:24 PM
.... Today, the installation produces electricity equivalent to 100% of the company’s US power needs, bringing its total share of renewable energy up to 25% of its global usage. Retail giant Walmart last year partnered with Pattern Energy on another wind facility in Texas, committing to buy half of the energy produced by the 200-megawatt installation. ...
Sustainability key to long-term corporate health image
Source : BBC [Read Article] Tuesday 5th of April 2016 11:16:44 PM
....Reducing costs is an obvious start, such as implementing energy efficiencies. Many have gone a step further, with established giants such BMW, Coca-Cola, Goldman Sachs, Google, H&M, Ikea, Nike and Walmart among many others that have committed to 100% renewable energy. ...
Ugly fruit and veggies are making a comeback on US grocery shelves image
Source : Guardian [Read Article] Saturday 2nd of April 2016 02:00:05 PM
....”. The largest US grocer, Walmart says it hasn’t received much consumer demand for imperfect produce. ...
Food companies move away from potentially toxic chemicals in cans image
Source : Guardian [Read Article] Thursday 31st of March 2016 10:14:38 PM
....All of the 15 Campbell Soup cans tested contained BPA, while more than half of the Del Monte and General Mills cans tested positive for the chemical. BPA was also found in the majority of private-label canned goods tested at national grocery chains Kroger and Albertsons, and at big box retailers such as Target and Walmart. ...
Brush up on the price of paint if you plan to have a DIY Easter image
Source : Guardian [Read Article] Saturday 19th of March 2016 07:00:03 AM
....We also checked paint prices abroad to see if British consumers are being ripped off. The good news is that we couldn’t find own-brand paint cheaper in either Walmart in the US or Mr Bricolage and Castorama in France. ...
Walmart and Tesco won’t help India’s food security problems image
Source : Guardian [Read Article] Friday 11th of March 2016 02:05:00 PM
.... Large domestic retailers such as Future Retail, Big Bazaar and Reliance Industries are trying hard to appeal to Indian shoppers. Alongside them, looking for a foothold in India’s $360bn-a-year retail food market, are a handful of foreign players – Germany’s Metro, US-based Walmart and the UK supermarket Tesco among the most prominent. ...
How the US can solve its multibillion food waste problem - report image
Source : Guardian [Read Article] Wednesday 9th of March 2016 05:00:28 PM
....The plan is the first ever by Refed, a project created last year to use financial and other data to come up with ideas for reducing food waste. Funded by 13 foundations, including the David and Lucile Packard Foundation and the Walmart Foundation, Refed marshalled money and other resources from more than 30 businesses, nonprofits and government agencies to create the report. ...
World's 20 richest people are $70bn poorer, says Forbes image
Source : Guardian [Read Article] Tuesday 1st of March 2016 01:35:19 PM
.... Out of 1,810 billionaires, just 190 are women, down from 197 in 2015. Both the female billionaires in the overall top 20 inherited their wealth: Liliane Bettencourt, the heir to the L’Oréal empire, and Alice Walton, daughter of the Walmart founder, Sam Walton. ...
Asda backs down over food bank ban image
Source : Guardian [Read Article] Friday 26th of February 2016 12:17:02 AM
....”. Asda has more than 525 UK stores and is owned by the US retailer Walmart. ...
Best Buy's e-cycle program is ambitious, successful and financially unsustainable image
.... The company has since vowed to double that number by 2020. Many of Best Buy’s biggest competitors, such as Amazon and Walmart, don’t offer recycling, or their programs don’t cover nearly as many personal gadgets and household items. ...
The new bottom line: money is no longer a dirty word in sustainability image
Source : Guardian [Read Article] Tuesday 23rd of February 2016 01:00:12 PM
....“When we can clearly track metrics like energy and water use in our direct operations on an ongoing basis, as well as engage with growers to measure inputs and outputs at the farm level, it helps us to communicate internally and externally the positive impact these efforts can have on our triple bottom line,” Lynch said. Related: Walmart is slapping itself on the back for sustainability but it still has a way to go. ...
Centrica and Go-Ahead battle it out for title of most-hated business in Britain image
....Running Asda is not like running the other supermarket chains. It is one of the biggest businesses in the UK yet the strings are pulled in Bentonville, Arkansas, the home of its parent company, Walmart. ...
Why tackling corruption in corporate governance is not impossible image
Source : Guardian [Read Article] Thursday 18th of February 2016 03:53:43 PM
.... Companies are under genuine pressure to adhere to anti-corruption rule. Plenty of high-profile cases – from Walmart’s corruption scandal in Mexico (involving violations of the US Foreign Corrupt Practices Act) to those in the crosshairs of law enforcement, such as Petrobras, Rolls-Royce,TeliaSonora and Fifa – should boost deterrence. ...
Strong Walmart earnings add $5bn to Walton family fortune image
Source : Guardian [Read Article] Thursday 18th of February 2016 03:14:19 PM
. The Waltons, already the wealthiest family in the US with an estimated $149bn fortune, added a further $5bn last year from dividends and share buybacks at Walmart. ...
Asda sees biggest sales fall on record image
Source : BBC [Read Article] Thursday 18th of February 2016 12:26:20 PM
....8% during the three months that include Christmas - its biggest quarterly sales fall on record. The chain, which is owned by US retailing giant Walmart, saw sales fall 4. ...
Asda asks suppliers for discounts and cash in battle with Aldi and Lidl image
Source : Guardian [Read Article] Wednesday 17th of February 2016 07:49:16 PM
....Asda has become the UK’s worst-performing supermarket in the face of heavy competition on price from the fast-growing discounter chains Aldi and Lidl. They have undercut the Walmart-owned chain, which made its name as the cheapest of the traditional supermarkets. ...
Amazon in talks to hire former Marks & Spencer womenswear boss image
Source : Guardian [Read Article] Wednesday 17th of February 2016 01:37:45 PM
.... “When we see gaps, when certain brands have decided for their own reasons not to sell with us, our customer still wants a product like that,” Yurcisin said. Amazon first started selling third-party branded clothing in 2002 and is on track to become one of the top fashion retailers in the US, growing faster than big retailers such as Walmart and Target. ...
Corruption falters as investors, journalists and voters take action image
Source : Guardian [Read Article] Wednesday 17th of February 2016 10:20:07 AM
.... Governments are passing stricter legislation, like the UK Bribery Act 2010, and broad oversight mechanisms such as the United Nations Convention against Corruption encourage further legislation and enforcement. Companies are under genuine pressure to adhere to anti-corruption rules, and plenty of high-profile cases – from Walmart’s corruption scandal in Mexico (involving violations of the US Foreign Corrupt Practices Act) to those in the crosshairs of law enforcement now, such as Petrobras, Rolls-Royce, TeliaSonora, and Fifa– should boost deterrence. ...
Lidl and Aldi push up UK market share image
Source : Daily Express [Read Article] Sunday 14th of February 2016 12:01:00 AM
....However since Christmas, sales for the supermarket sector have returned to growth driven by people buying fresh foods as part of their New Year health kicks, according to Kanatar. On Thursday Asda, which is owned by US giant Walmart, will report its fourthquarter and full year results. ...
Co-op sales surge outpaces rivals image
Source : BBC [Read Article] Tuesday 9th of February 2016 10:07:19 AM
....At Morrisons, sales shrank by 2. 2%, while at Asda, which is owned by US chain Walmart, revenue fell by 3. ...
Can hiring ex-offenders make a business more profitable? image
Source : Guardian [Read Article] Thursday 4th of February 2016 10:00:05 PM
....Butterball represents a growing number of companies hiring former inmates. Major corporations like Target, Home Depot, Walmart and Koch Industries have joined more than 100 cities and 19 states in passing “ban the box” legislation to prohibit employers from requiring job applicants to check a box indicating whether they have a criminal record. ...
Can Amazon's new 'dream team' fix the company's sustainability reputation? image
Source : Guardian [Read Article] Tuesday 2nd of February 2016 02:08:00 PM
.... For years, Amazon has been mostly absent from the corporate responsibility conversation. In terms of corporate sustainability, Amazon continues to lag behind its competitors in the internet and technology industry, such as Apple and Microsoft, as well as rival brick-and-mortar retailers like Best Buy and Walmart. ...
If having more no longer satisfies us, perhaps we’ve reached ‘peak stuff’ | Will Hutton image
.... It’s a lesson some heed today. On Monday, Walmart will start paying a minimum of $10 an hour to its 1. ...
Cheap cab ride? You must have missed Uber’s true cost | Evgeny Morozov image
Source : Guardian [Read Article] Sunday 31st of January 2016 12:03:12 AM
....On the other hand, “expensive” is everything that Uber is not. While you might be tempted to ascribe the low costs of the service to its ingenuity and global scale – is it the Walmart of transport? – its affordability has a more banal provenance: sitting on tons of investor cash, Uber can afford to burn billions in order to knock out any competitors, be they old-school taxi companies or startups like Kutsuplus. ...
Walmart ordered to reinstate workers image
Source : BBC [Read Article] Friday 22nd of January 2016 07:03:54 PM
. Walmart must offer to give jobs back to 16 workers it fired for missing shifts to take part in a strike, a judge has said. ...
Amazon to create more than 2,500 permanent jobs across UK this year image
Source : Guardian [Read Article] Friday 22nd of January 2016 11:58:47 AM
.... Amazon is also hiring people to support a new UK datacentre region, in addition to Frankfurt and Dublin, which will launch early next year. Amazon, which overtook Walmart as the most valuable retailer in the world last year, said it had invested more than £4. ...
Asda and Tesco cut diesel price to 97.7p per litre image
Source : Guardian [Read Article] Friday 22nd of January 2016 09:49:45 AM
....Asda became the first UK supermarket to cut the price of diesel in response to the slump in global oil prices, but Tesco has swiftly followed suit. Asda, which is owned by the US retailer Walmart, lowered its diesel prices by 2p to a six-year low of 97. ...
Pearson, Barclays and Virgin Media announce job cuts image
Source : Guardian [Read Article] Thursday 21st of January 2016 06:52:26 PM
....Asda is set to cut 1,000 jobs, including at its head office, where 3,000 people are employed. The chain, which is owned by US retail giant Walmart, said the job cuts were needed while it funded a revamp of its largest stores. ...
Asda plans put more than 1,000 store and staff canteen jobs at risk image
Source : Guardian [Read Article] Wednesday 20th of January 2016 05:21:29 PM
.... Andy Clarke, its chief executive, has said he wants to halve the price gap with the German chains to 5% over the next two years under his Project Renewal scheme. The Walmart-owned chain has yet to reveal how it performed over Christmas, but data from Kantar Worldpanel last week suggested sales slumped 3. ...

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