Sam Walton News
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As Wal-Mart Stores Inc. prepares to anoint the fifth chief executive in its history, the world’s largest retailer is grappling with challenges founder Sam Walton never faced.
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Wal-Mart Stores Inc.’s board, as it prepares for new leadership at the company, has identified two internal candidates to succeed Chief Executive Officer Mike Duke, according to a person familiar with the situation.
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Since the Academy of New Media Middle School in Columbus, Ohio, opened in 2011, it has scraped by, with its principal cleaning toilets and a math teacher pressed into service as school nurse. Only $250,000 in gifts from the Walton Family Foundation keeps the 85-student charter school alive.
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More than 1,000 e-mailed complaints signal that Wal-Mart Stores Inc.’s restocking challenges are more widespread than the world’s largest retailer has said.
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Cindy Murray has been working at Wal-Mart Stores Inc.’s location No. 1985 in Laurel, Maryland, for 13 years. She’s stationed in the fitting rooms and earns $12.40 an hour.
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Wal-Mart Stores Inc. Chief Executive Officer Mike Duke told employees and shareholders at the company’s annual meeting today that the retailer, whose executives are accused of bribing Mexican officials, is committed to ethical behavior.
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In its struggle against surging online retailers such as Amazon.com Inc., Wal-Mart Stores Inc. has unleashed a weapon long shunned by Sam Walton: lobbying.
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Wal-Mart Stores Inc., the world’s largest retailer, has removed greeters from the overnight shift at its U.S. supercenters, chipping away at a 30-year tradition of making sure all shoppers are welcomed to the store.
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Amazon.com Inc. Chief Executive Officer Jeff Bezos saw his fortune rise by $2.72 billion yesterday to $21.2 billion, highlighting a week in which the world’s 40 richest people added $5.4 billion to their collective wealth.
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In cultural commentary about the American economy, one company at a time always seems to be the goat. Everything it does is interpreted as evil.
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