The Week: Most Recent Business Giants:Walmart recent posts.en-usMon, 19 Nov 2012 14:14:00 -0500http://theweek.com Recent Business Giants:Walmart from THE WEEKMon, 19 Nov 2012 14:14:00 -0500Why Walmart is freaking out over a Black Friday labor strike<img src="" /></P><p class="p1">Walmart has long been "stridently anti-union," says Hamilton Nolan at <em>Gawker</em>, "fearing that a unionized workforce could be an existential threat to its cut-every-last-penny business model." <strong>The world's largest retailer and employer has assiduously nipped union-making in the bud</strong>, a strategy that has riled unions whose members have been laid off as Walmart's cheap pricing strategy puts other grocers and retailers out of business. Walmart appears to be falling back on its anti-union strategy once again, filing a complaint with the National Labor Relations Board to preemptively ban a planned strike...</p> <a href="">More</a>By The Week StaffMon, 19 Nov 2012 14:14:00 -0500Is Walmart's same-day delivery service a threat to Amazon?<img src="" /></P><p class="p1">This week, Walmart rolled out Walmart To Go, a same-day delivery service for online orders that will be offered throughout the holiday season. The service, which will tack on $10 per order regardless of size, is already available in Philadelphia and northern Virginia, and will soon spread to Minneapolis, San Jose, and San Francisco. Capitalizing on customers' increased preference for ordering merchandise online, the move is meant to send shivers down the spine of Amazon, which has been almost frighteningly successful in pushing traditional brick-and-mortar retailers toward the brink of failure...</p> <a href="">More</a>By The Week StaffWed, 10 Oct 2012 11:29:00 -0400Walmart stops selling Kindles: Inside the war against Amazon<img src="" /></P><p class="p1">This week, Walmart announced that it would no longer carry Amazon's Kindle Fire tablet and Kindle e-readers, a move that is widely considered a pointed jab at the popular online retailer. Walmart will continue to sell tablets from other companies like Apple, and did not explain why it had singled out Amazon for exclusion. Walmart isn't the first retail chain to ditch the Kindle: Target did the same thing in May, suggesting that the country's largest brick-and-mortar chains are starting to view Amazon as an existential threat to their business. Here, a guide to Walmart's war against Amazon:</p><p class="p1"><strong>What...</strong></p> <a href="">More</a>By The Week StaffFri, 21 Sep 2012 13:45:00 -0400Can India's government survive Walmart?<img src="" /></P><p class="p1">Indian Prime Minister Manmohan Singh was written off&nbsp;in recent months&nbsp;as an underachieving failure for his inability to pass economic reforms that most Western economists say are necessary if India ever wants to be a major economic power. Plagued by corruption scandals and parliamentary infighting, Singh's government has left foreign investors with serious doubts, and the Indian economy is suffering as a result. So it was with some surprise that Singh this week introduced a raft of reforms intended to further liberalize India's economy, including measures to cut wasteful fuel subsidies...</p> <a href="">More</a>By The Week StaffThu, 20 Sep 2012 07:37:00 -0400Walmart's 'Scan & Go' iPhone app: The future of shopping?<img src="" /></P><p>Walmart is test-driving a system that could dramatically change the way Americans shop. The program, called Scan &amp; Go, lets customers scan their own goods with their smartphones then pass through a self-checkout line, and zip out of the store. The company recently conducted a trial run with employees and their friends and families at a Walmart Supercenter in Rogers, Ark., not far from the retail giant's Bentonville headquarters. If all goes well, the nation's largest retailer could begin rolling out Scan &amp; Go nationwide. Is this the future of shopping? Here, a brief guide:&nbsp;&nbsp;&nbsp...</p> <a href="">More</a>By The Week StaffTue, 04 Sep 2012 11:34:00 -0400Is Walmart a better deal than Amazon?<img src="" /></P><p class="p1">Brick-and-mortar retailers have long feared Amazon's cost-cutting abilities. The online retail behemoth does not have to pay for sales staff or maintain vast, warehouse-like stores. With its ability to reach into your personal computer without physically crossing state borders, the company even avoids adding local sales taxes to its products. Lower costs usually mean cheaper prices, and big-box stores like Best Buy are shutting down stores as erstwhile customers flock to Amazon. However, a new study conducted by research group Kantar Retail shows that Amazon's prices aren't as cheap as everyone...</p> <a href="">More</a>By The Week StaffTue, 26 Jun 2012 07:12:00 -0400Walmart's strange online cash payment system: A guide<img src="" /></P><p class="p1">Walmart may be in the midst of a huge bribery scandal surrounding its Mexican operations, but business must go on. As such, the retail behemoth is rolling out an odd new program in the U.S. that will allow customers to use cash to buy products online. The only hitch is that customers will have to go to the store to pay up. It "may seem silly to some," but the program actually makes a lot of sense, says Laura Heller at <em>Forbes</em>. And it represents a "hopeful push" by Walmart to catch up with Amazon, which is leaps and bounds ahead of Walmart in the field of online retailing, says Sarah Perez at <em>TechCrunch...</em></p> <a href="">More</a>By The Week StaffFri, 27 Apr 2012 16:35:00 -0400Walmart's Mexican bribery scandal: What's next for the retail giant?<img src="" /></P><p class="p1">Walmart is reeling from a <em>New York Times</em> report that outlines a massive bribery scheme that allegedly allowed the company to grease its way to the top spot in Mexico's retail industry. Worse still, the report alleges that top executives in the U.S. covered up the bribes when a whistleblower brought them to light in 2005, instead of coming clean to U.S. and Mexican authorities. Some of the executives involved have since risen to the top of the Walmart ladder, including CEO Michael Duke, who in 2005 was named the head of Walmart's international divisions. Here, a look at what Walmart faces in the...</p> <a href="">More</a>By The Week StaffTue, 24 Apr 2012 12:10:00 -0400Walmart's explosive Mexican bribery scandal: A concise guide<img src="" /></P><p>Walmart isn't just the largest retailer in the U.S. It's also a commercial powerhouse and the largest private employer in Mexico, the jewel of its global business empire. However, Walmart didn't come to dominate the Mexican market without spreading around a little shady cash, almost certainly in violation of U.S. and Mexican law, according to a lengthy, blockbuster report in <em>The New York Times</em>. After Walmart learned about <em>The Times</em>' inquiries in December, it informed the Justice Department and Securities and Exchange Commission that it was opening an independent investigation into foreign bribery...</p> <a href="">More</a>By The Week StaffMon, 23 Apr 2012 09:25:00 -0400Walmart vs. Amazon: Can brick-and-mortar stores hang onto shoppers?<img src="" /></P><p class="p1">"A mobile shopping revolution is under way, and brick-and-mortar retailers are worried," says Steve Henn at <em>NPR</em>. The phenomenon of "showrooming" &mdash; in which customers go to stores to eyeball and test products before buying them online at a cheaper price, often at Amazon &mdash; is taking its toll on Walmart, Target, Best Buy, and other giants in the retail industry. Can Walmart fight the trend and cling to its customers?</p><p class="p1"><strong>Walmart can't compete with Amazon's prices:</strong>&nbsp;These days, "half of shoppers who buy products online first checked them out in a traditional store," says Ann Zimmerman...</p> <a href="">More</a>By The Week StaffThu, 12 Apr 2012 13:33:00 -0400Walmart's violent Black Friday: 5 'grim' incidents<img src="" /></P><p>Black Friday violence at Walmart is rapidly becoming a new holiday tradition. From coast to coast, shoppers rioted and pepper-sprayed to get their hands on cheap waffle makers and Xboxes while, outside the stores, customers were shot over their loot. The goings on are being called a "grim reminder" of a Black Friday stampede in 2008 at a Walmart in Long Island, N.Y. that left one dead and sent a pregnant woman to the hospital. Here, a rundown of some of this year's bargain brawls:</p><p><strong>1. The waffle maker riot</strong><br />At a Walmart near Little Rock, Ark., a screaming mob of shoppers tussled over $2 waffle makers...</p> <a href="">More</a>By The Week StaffMon, 28 Nov 2011 10:50:00 -0500Can Walmart topple Netflix?<img src="" /></P><p>Walmart is launching a new challenge to Netflix, just as the popular DVD-by-mail and video-streaming service is facing a subscriber revolt over a recent fee hike. Walmart is integrating the Vudu streaming service, which it bought in 2010, into its website, enabling customers to buy DVDs and Blu-rays, or watch streaming movies and TV shows, through The retail giant's streaming service isn't subscription-based &mdash; viewers will pay between $1 and $5.99 to rent each movie. While many competitors have tried to knock Netflix off its throne, will Walmart be the one to finally succeed...</p> <a href="">More</a>By The Week StaffWed, 27 Jul 2011 12:15:00 -0400Walmart's big sex-discrimination court victory: Winners and losers<img src="" /></P><p>The Supreme Court threw out a massive sex-discrimination class-action lawsuit against Walmart on Monday, agreeing unanimously that the mega-case was a poor fit as a class action in its current form. But in a narrower 5-4 decision, the court's conservatives, led by Justice Antonin Scalia, said the suit was just too big, period, with the up to 1.6 million plaintiffs sharing "little in common but their sex and this lawsuit." Writing for the liberal wing, Justice Ruth Bader Ginsburg said the plaintiffs provided enough statistical evidence of company-wide discrimination against female employees that...</p> <a href="">More</a>By The Week StaffTue, 21 Jun 2011 11:36:00 -0400Why are more Walmart stores selling guns again?<img src="" /></P><p>In an effort to fire up slumping sales, Walmart is bringing guns and ammunition back to many of its U.S. stores. Here, a quick guide to the retailing giant's decision:<br /><br /><strong>What is Walmart doing?</strong><br />It is "quietly" reintroducing shotguns, hunting rifles, and bullets in about 500 of its nearly 3,600 locations. <br /><br /><strong>Wait, hadn't Walmart stopped selling firearms?</strong><br />Not entirely. It stopped carrying firearms in all but 1,300 of its U.S. locations in 2006, citing low sales. And it remains the largest seller of firearms and ammunition in the U.S. Walmart did stop selling handguns in all stores except Alaska outlets in...</p> <a href="">More</a>By The Week StaffThu, 28 Apr 2011 18:05:00 -0400Walmart's risky online grocery service<img src="" /></P><p>Walmart, already the nation's biggest grocer, has decided to try home delivery. The retail giant is experimenting in San Jose, Calif., with a new online service called "Walmart To Go," which lets shoppers order fresh food and other supermarket fare on and have it delivered to their doorstep for a $5 fee. While companies such as Amazon, Peapod, Safeway, and Fresh Direct already offer similar services, other chains have failed in their attempts to conquer the online market. Is Walmart wise to give such a risky venture a try?<br /><br /><strong>Yes, this is a smart move:</strong> This service could help Walmart sell...</p> <a href="">More</a>By The Week StaffTue, 26 Apr 2011 09:35:00 -0400Did Walmart discriminate against 2 million women?<img src="" /></P><p>The Supreme Court on Tuesday will begin hearing what observers are calling "the biggest class-action discrimination case ever fought." The case, which stretches back 11 years, pits the retail giant Walmart against a group of plaintiffs who contend the company intentionally discriminates against its female employees by paying them significantly less money than their male co-workers. The Supreme Court must decide, finally, if the case can proceed as a class-action lawsuit. If the court sides with the plaintiffs, Walmart could potentially be forced to pay millions of its current and former female...</p> <a href="">More</a>By The Week StaffTue, 29 Mar 2011 06:45:00 -0400