• Fri
  • Aug 22, 2014
  • Updated: 7:55am

Wal-Mart

Wal-Mart Stores was founded in 1962 by Sam Walton, and is headquartered in Bentonville, Arkansas. It is the world’s largest retailer, and is controlled by the Walton family.

Wal-Mart boosts China food safety budget threefold to 300m yuan

Wal-Mart, the world's biggest retailer, will increase its food safety budget in China threefold to 300 million yuan (HK$378 million).

Wednesday, 18 June, 2014, 2:44am 1 comment

Wal-Mart puts quality before price in China

Wal-Mart Stores, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China.

24 Feb 2014 - 6:24am

Wal-Mart recalls tainted donkey meat in China, eyes legal action

Wal-Mart Stores, the world’s largest retailer, said it has recalled donkey meat sold at some outlets in China after tests showed the product contained the DNA of other animals.

3 Jan 2014 - 10:59am

Li & Fung shares drop nearly 5pc on report about Wal-Mart cutting orders

Global exporter Li & Fung said business with its major customer Wal-Mart Stores is normal, but its shares still slid as much as 4.9 per cent on a report that the US retailer is cutting orders to suppliers.

26 Sep 2013 - 5:52pm

Wal-Mart sales disappoint as US shoppers curb spending

Wal-Mart Stores reported a surprise decline in quarterly same-store sales in the United States, its biggest market, after shoppers came in less often because higher taxes and petrol prices were leaving them with less spending money.

16 Aug 2013 - 10:25am

Red tape, graft mean India not such a super market for Wal-Mart

Wal-Mart’s India expansion is stalled.

When India announced last September that it would allow foreign supermarket chains to take majority ownership of their Indian operations, it marked a victory for Wal-Mart Stores, which had spearheaded efforts to open the market and said its first retail store would open within two years.

8 Jul 2013 - 1:53pm

More Bangladesh factories dangerous: AP

Bangladeshi garment factories are routinely built without consulting engineers. Many are located in commercial or residential buildings not designed to withstand the stress of heavy manufacturing. Some add illegal extra floors atop support columns too weak to hold them, according to a survey of scores of factories by an engineering university that was shown to The Associated Press.

14 Jun 2013 - 3:04pm

Barred by Wal-Mart, Bangladeshi clothes suppliers feel left on the shelf

The day after Wal-Mart Stores published Simco's name on its list of banned Bangladesh suppliers, the garment maker learned it had lost an order from US retailer J.C. Penney for 500,000 pairs of pyjamas.

7 Jun 2013 - 3:46am

Wal-Mart takes own path on factory safety

Wal-Mart Stores, the American chain that is the world's largest retailer, said it would not accept "at this time" an agreement to improve fire and building safety in Bangladesh that is supported by labour monitoring groups and signed by several other retailers this week.

16 May 2013 - 2:45am 1 comment

Baidu searches for growth in deal with online grocer

Baidu, the mainland's biggest internet search service provider, is set to work with a local online retailer backed by American supermarket giant Wal-Mart to tap the country's fast-growing e-commerce sector.

21 Mar 2013 - 5:20am

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