Tag Archives: Walmart

Walmart Holds Manufacturing Summit

Walmart

ORLANDO, Fla.-Walmart hosted its summit meeting to advance the renewal of U.S. manufacturing here yesterday, with almost 1,500 government officials and supplier executives in attendance. The summit, which was held at the Orlando Convention Center and which included sessions on bolstering U.S. manufacturing, was part of the retailer’s commitment to purchase an additional $50 billionMore »

Walmart Q2 Net Up 1.3 Percent on Weak Sales

Walmart

BENTONVILLE, Ark.-In a quarter in which its checkouts left something to be desired, Walmart posted net income of $4.1 billion, up a slight 1.4 percent from last year’s second quarter. Net sales in the quarter, which ended on July 31, rose 2.4 percent to $116.2 billion. At Walmart U.S. stores, sales were up 2.1 percent,More »

Walmart, Target End Paula Deen Relationships

Paula Deen

BENTONVILLE, Ark., and MINNEAPOLIS-In the wake of the controversy regarding racist remarks Paula Deen admitted to, Walmart and Target have ended their relationships with her company, Paula Deen Enterprises. A brief statement from Walmart said that “we will not place any new orders (for Paula Deen merchandise) beyond those already committed. We will work withMore »