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. Its supermarkets are branded as Walmart.
US retail giant is diving into thorny market of food and consumer goods in China where many have gone before but failed miserably.
Shein has already caused such a stir that retailers are spooked and regulators are investigating if it has exploited import tax loopholes when sending parcels to shoppers.
Aramco, which reported a nearly 40 per cent decline in second-quarter profit, attributed the decrease to lower crude oil prices and smaller refining and chemicals margins.
Patrick Crusius, 24, pleaded guilty and agreed to the life sentences to avoid the death penalty but still faces Texas state charges that could result in the death penalty.
Forget Kim K and Rihanna – these are the richest women in 2023, from Jacqueline Mars’ M&M and Skittles empire and Alice Walton’s Walmart inheritance, to Rafaela Aponte-Diamant’s cruise line ventures
Hundreds of e-commerce vendors and platforms including Alibaba Group Holding and Amazon flocked to a trade fair in Shenzhen in the hopes of connecting with producers and clients and stocking up for what they hope is a bout of robust post-Covid recovery in the global economy.
The latest Corporate Climate Responsibility Monitor report found that the 2030 climate targets of these firms were ‘mired by ambiguous commitments’.
US-China Business Council vice-president Douglas Barry expects 2023 to be a very difficult year ahead for American firms looking to do business in China.
Rather than diving into the world of Walmart, 36-year-old heir Lukas Walton instead founded Builders Vision to help fund environmentally sustainable businesses – but he’s still worth US$20 billion
Police in Chesapeake said the suspect was also killed in the attack at the store bustling with Thanksgiving holiday shoppers.
China’s e-commerce market in China is facing growing headwinds amid a souring economy and rigid Covid-19 restrictions.
Police said Cory Wayne Patterson did not have a pilot’s licence and was an employee of Tupelo Aviation. He faces charges of grand larceny and making terrorist threats.
Inheriting stakes in companies Walmart, L’Oreal and Mars made Alice Walton, Françoise Bettencourt Meyers and Jacqueline Mars billionaires – but even the richest owns just a third of Elon Musk’s wealth
The company has approved a special cash dividend of 63 US cents per ordinary share and US$1.26 per American depositary share, for a payout of US$2 billion.
China’s growing middle class and greater consumer awareness about the origins of food have driven up demand for higher quality meat, such as imported Iberian and Serrano ham.
US retail giant Walmart is gearing up to create its own cryptocurrency and collection of non-fungible tokens, filings with the US Patent and Trademark Office show.
Shenzhen police warning comes amid the country’s intensified cybersecurity crackdown on data collection and use by companies.
Executive tells analysts that the matter is a misunderstanding and app did not support searches based on place names.
Central Commission for Discipline Inspection says retailer’s apparent withdrawal of Xinjiang-sourced products ‘reveals stupidity and short-sightedness’.
China’s bricks-and-mortar operators are struggling to survive as booming e-commerce has led to a wave of store closures, altering the retail landscape.
Asia’s richest man is eyeing a blueprint for the next stage of his US$208 billion empire that seeks to avert a succession warfare.
The PIF is pursuing a two-pronged strategy, building an international portfolio of investments while also investing locally in projects that will help reduce Saudi Arabia’s reliance on oil.
Two Americans died from an obscure disease after being infected with a bacterium linked to an India-manufactured aromatherapy spray sold in Walmart.
Companies like Facebook and Robinhood have endured their fair share of criticism, but they’ve also made their founders fabulously wealthy: here’s how developing an app or dabbling in crypto paid off to the tune of three-comma fortunes
From India’s Ambanis, America’s Mars candy dynasty and the Saudi royals’ oilfields, these dynasties of billionaires have become expert in keeping it in the family
Fernandes has brushed off analysts’ scepticism about his digital expansion plans, saying he will bring the airline’s underdog mentality to the new venture.
White House calls a report that the sale had been shelved indefinitely because of a review by the Biden administration ‘not accurate’.
The lawsuit says the retail giant created a system that turned its 5,000 in-store pharmacies into a supplier of highly addictive painkillers.
The parent company has been under pressure to finalise deal with Walmart and Oracle to shift popular video app’s US assets into a new entity.
World’s largest retailer joins list of companies, including Oracle, seeking to buy video-sharing app’s US operations from China’s ByteDance