FAYETTEVILLE, Ark. -- What do Taylor Swift and Bill Clinton have in common?
It's not the folksy accents, though, perhaps those helped them score the gig. On Friday at Walmart's annual shareholders meeting, the singer and the politician both gushed with praise for the company. In front of a...
(336) Comments | Posted May 31, 2012 | 12:20 PM
FAYETTEVILLE, Ark. -- "Fifty years of Walmart, baby. Can you handle that?"
Words that never before escaped the mouth of Aerosmith's Steven Tyler set a stadium of Walmart workers on fire on Wednesday night. Wearing white skin-tight bell bottoms and flanked by a massive video screen flashing what resembled '80s-era...
(270) Comments | Posted May 24, 2012 | 8:33 PM
Somewhere in the world, every two hours, a new 7-Eleven opens.
That’s right; the favorite retailer of highway road stops, street corners and late-night Big Gulp sodas is quietly taking over the world. In 2011, 4,600 7-Eleven stores opened, bringing the retail brand to more than 46,000 locations across...
(1075) Comments | Posted May 16, 2012 | 5:46 PM
Ron Johnson, the new star CEO of J.C. Penney, wishes that couponing fanatics would just listen to him already and stop fussing with those little scraps of paper.
"Coupons were a drug," said the CEO on Tuesday evening at a conference with analysts. Earlier that day, J.C. Penney announced abysmal...
(194) Comments | Posted May 12, 2012 | 10:20 AM
It's like YouTube, if every video were about Walmart.
Nearly three weeks after Walmart was accused of bribing government officials in Mexico, a new website, Walmart at 50, is airing all manner of grievances about the company. Launched by labor groups Making Change...
(14) Comments | Posted May 4, 2012 | 3:13 PM
In the latest effort by politicians to exact retribution from Walmart for allegedly bribing officials in Mexico, New York City's public advocate, Bill de Blasio, launched a new website Friday morning to chart the company's political contributions and lobbying efforts in the United States. The website, Six Degrees...
(628) Comments | Posted May 2, 2012 | 12:12 PM
How many government organizations does it take to investigate one company? In Walmart's case, at least three.
On Tuesday, the Department of Labor announced that Walmart had agreed to pay $4.83 million in back wages and damages to employees it had illegally denied overtime, following an agency...
(93) Comments | Posted April 27, 2012 | 10:46 AM
Maclaren USA, the closely held stroller company that quietly declared bankruptcy in December two years after it was forced to recall defective strollers that amputated 20 children's fingers, is witholding information from the independent trustee appointed to investigate its case.
On Tuesday, trustee Roberta Napolitano filed two motions...
(21) Comments | Posted April 25, 2012 | 5:27 PM
Two congressmen investigating the Walmart bribery scandal announced on Wednesday that they will also begin probing Walmart's lobbying against the Foreign Corrupt Practices Act, the federal law that the retail giant allegedly broke by bribing Mexican officials to fuel its rapid-fire growth in that country.
...(27) Comments | Posted April 24, 2012 | 4:20 PM
A scandal surrounding Walmart over alleged bribery in Mexico is turning into fresh meat for its opponents in the United States. Labor unions and activist organizations fighting the big box retailer's push into New York City and Los Angeles are drawing parallels between the company's domestic expansion strategies and its...
(990) Comments | Posted April 23, 2012 | 3:15 PM
Soon, the world's biggest retailer will be forced to answer to Congress.
Two Democratic Representatives launched an investigation Monday afternoon into the Walmart bribery scandal, which broke on Saturday with a New York Times story that claimed Walmart had systematically bribed Mexican officials in order...
(59) Comments | Posted April 20, 2012 | 5:29 PM
Rent-to-own furniture stores, once branded as "predatory lenders" by the Department of Defense, are now pledging to hire veterans returning from duty.
On Tuesday, executives from Aaron's and Rent-A-Center, the two largest rent-to-own companies, visited the White House, according to a news release from the Association...
(494) Comments | Posted April 17, 2012 | 8:15 AM
Terrence Revere recently discovered that he is part of a notorious group that includes hip-hop star Damon Dash and financial institutions American Express and Cantor Fitzgerald.
As of Friday, the eclectic bunch had been identified as delinquents on New York's tax department website, which...
(248) Comments | Posted April 6, 2012 | 5:37 PM
Like many of her generation, 29-year-old Sarah Winsky was once a fan of Gap.
"I loved the store in middle school," she said. "Then it sucked for 15 years."
But in the past 18 months, something changed, Winsky said. “All of the sudden it’s kind of amazing again.” In February,...
(19) Comments | Posted April 4, 2012 | 6:35 PM
It's the Friday night dilemma -- should you hit the gym or go out with your friends and get tipsaaaay?
Hang with Leanne Shear and you don't have to pick. At her new gym Uplift Studios, located in Manhattan's Flatiron district, women who make it through 45...
(205) Comments | Posted April 3, 2012 | 7:59 AM
MILLVILLE, Penn. -- On a recent Friday in March in this hilly Pennsylvania town, a crowd of 80 locals gathered at Colonel Kirk's Auction Gallery. Farmers, factory workers, retirees, restaurateurs and the odd hoarder filtered in for the seven-hour-long show. Like any auction house, Kirk's aims to please, with boisterous...
(730) Comments | Posted March 29, 2012 | 4:10 PM
UPDATE: This story has been updated to reflect a statement from Leon Levine, founder of Family Dollar.
In the fight for low-income shoppers, Family Dollar has unveiled a new weapon: cigarettes.
The Matthews, N.C.-based dollar store will start selling cigarettes and tobacco products in the next several...
(1092) Comments | Posted March 22, 2012 | 10:15 AM
Need some Jesus with your jeggings? Head to Salt Lake City.
On Thursday morning, City Creek Center, the first indoor mall built in nearly three years, opened its doors to the public. Its owner is the Church of Jesus Christ of Latter-day Saints, which hopes that the...
(189) Comments | Posted March 20, 2012 | 7:38 PM
"Get a pair of shoes from Shoes Shoes Shoes and get a free man!"
No, we couldn't make this up -- this is the actual slogan of a new "Shoe Dating" marketing campaign from Shoes Shoes Shoes, a store in Kuala Lumpur, Malaysia. The store has...
(5) Comments | Posted March 20, 2012 | 7:38 PM
"Get a pair of shoes from Shoes Shoes Shoes and get a free man!"
No, we couldn't make this up -- this is the actual slogan of a new "Shoe Dating" marketing campaign from Shoes Shoes Shoes, a store in Kuala Lumpur, Malaysia. The store has...

(110) Comments | Posted June 1, 2012 | 7:17 AM