As part of its fourth-quarter earnings report, discount retail juggernaut Wal-Mart announced it would be giving a pay increase to about half-a-million workers at its retail outlets across the United States as well as at all Sam's Clubs. The wage hike will begin offering hourly … [Read more...]
Walmart Stops Fraud by Closing Price Matching Loophole
On Nov. 13, Wal-Mart announced that it would price match select online retailers, including Amazon.com, in order to draw in a greater number of customers during the busy holiday season. However, it turned out that a small number of consumers unscrupulously took advantage of the system … [Read more...]
Appliances, Groceries, Wills and Now Banking at Walmart
That’s right, Walmart (NYSE:WMT) has entered the banking business. The nation’s biggest retailer is partnering with Green Dot Bank to offer customers a low-cost checking account, according to a press release. Named GoBank, the checking account will come with a MasterCard debit card … [Read more...]
Retailers will need to focus on customer service to keep the lights on
The state of the big-box store is constantly changing. Rather than buying a product at the retail price, consumers are shopping around online and getting better deals. In fact, a growing number of consumers are participating in something called "showrooming," a trend whereby customers … [Read more...]
Walmart could be the first big-box retailer to sell lawyer services
The goods and services offered by numerous big-box stores in your area have grown. Whether it’s Walmart or Kmart, Walgreens or Target, a customer can pretty much find anything they want or need: vacuums and optometrists, computers and travel planners, coffee machines and urgent care … [Read more...]
Walmart expanding into India’s ecommerce marketplace
Is Walmart entering India’s immense ecommerce marketplace? That is the word on the street from various sources this week. Soon after eBay announced it will be investing $133 million in Snapdeal, Walmart has reportedly hired a team of more than a dozen industry professionals to start … [Read more...]
Wal-Mart Takes Legal Actions to Stop Black Friday Protests
Known for squelching past employee unionization efforts, Wal-Mart is striking back against organizations that back current strike and picketing actions at its stores. Wal-Mart Stores Inc. filed an unfair labor practice charge against the United Food and Commercial Workers … [Read more...]
Walmart Expands Financial Services to Customers
Walmart, in an effort to expand its services to customers, is broadening their service by offering a prepaid debit card. … [Read more...]
Wal-Mart, Amex to Offer Unbanked a Bluebird of Happiness
Stock for prepaid debit card company Green Dot Stock plummeted more than 20 percent today, finishing at $10.36, while competitor NetSpend Holdings Inc. fell more than 7 percent to close at $9.96 per share after Wal-Mart and American Express announced their joint venture in Bluebird, a … [Read more...]
