At Walmart This Holiday Season: Higher Toy Prices

Walmart Stores increased prices of thousands of toys at each store this month, as the world’s largest retailer looks to turn around its trend of negative same-store sales by spurring holiday-season revenue, Bloomberg News repor…

Walmart.com Aims for Amazon with Free Shipping Offer

In a move targeted at online retail giant Amazon.com, Walmart.com on Thursday announced it’s offering free shipping on nearly 60,000 gift items — including popular toys and electronics — through Dec. 20. Could the move start …

Is Hulu Ready to Go Public?

Hulu is considering raising up to $300 million in an IPO next year to add more shows to its subscription service, Reuters reported Friday. Will that be enough capital to keep Hulu competitive with Netflix, as well as services f…

Wal-Mart to Increase Workforce by 36% in Five Years

Wal-Mart Stores Inc (WMT) will increase its workforce by 36% in the next five years to take advantage of growing international demand.

The new hires will take the company’s headcount to 3 million, from 2.2 million now, Susan Chambers, executive vice president for human resources, said at a conference in India.

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New employees will be hired “mostly” outside the United States, Chambers…

Continue reading Wal-Mart to Increase Workforce by 36% in Five Years

Wal-Mart to Increase Workforce by 36% in Five Years originally appeared on DailyFinance on Thu, 30 Sep 2010 08:39:00.

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Wal-Mart Plans $4.6 Billion Move for South Africa’s Massmart

Wal-Mart Stores (WMT) is planning a $4.6 billion offer for South African retailer Massmart.

The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That’s 9.8% higher than the company’s last closing price.

“We are continuin…