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Mike Duke

Walmart To Give Big Money Back To Shareholders

AP | Posted 05.25.2011 | Business

BENTONVILLE, Ark. — Wal-Mart Stores Inc. said Thursday that it is increasing its annual dividend 21 percent on the back of strong earnings. The...

Wal-Mart Plans To Hire 500K In Five Years

AP | By CHUCK BARTELS | Posted 05.25.2011 | Business

FAYETTEVILLE, Ark. -- Wal-Mart Stores Inc.'s CEO told shareholders Friday that the company is positioning itself for 20 years of worldwide growth and ...

Consumer Reports Trashes Wal-Mart

Al Norman | Posted 05.25.2011 | Business
Al Norman

Wal-Mart's self-serving hyperbole about efficiency has become a mainstay of its culture, and is taken for granted by the media. But this week, Consumer Reports readers kicked a little dirt on that shiny exterior.

Walmart Will Cut 20 Million Tons of Greenhouse Gases From Supply Chain By 2015

AP | Posted 05.25.2011 | Green

NEW YORK - Wal-Mart Stores Inc. wants its suppliers to reduce 20 million metric tons of greenhouse gas emissions by the end of 2015. The world's la...

Walmart Layoffs: Arkansas HQ To Cut 300 Jobs

AP | CHUCK BARTELS | Posted 05.25.2011 | Business

LITTLE ROCK, Ark. — Wal-Mart Stores Inc. is cutting 300 administrative jobs at its headquarters as it completes a yearlong series of changes to ...

Walmart Superstores: Urban expansion in US

ft.com | Jonathan Birchall | Posted 05.25.2011 | Business

Walmart has stepped up efforts to mobilise local political support for new store openings in US cities and urban areas that were last month identified...

Why Wal-Mart's Health Care Letter Matters

Doug Schoen | Posted 05.25.2011 | Business
Doug Schoen

The company made famous for low prices just helped further solidify cost control as a requirement for entry in the health care debate.

Wal-Mart CEO Has a Problem With Gays

Marc Gunther | Posted 05.25.2011 | Business
Marc Gunther

If you believe, as I do, that equality for LGBT people under the law is a civil rights issue, then there's no reason to put it up to a popular vote.

Wal-Mart CEO: I See A 'Lot of Stress,' Slow Recovery for U.S.

bloomberg.com | Posted 05.25.2011 | Business

The U.S. economy won't "just bounce out and come back" from the current recession, Wal-Mart Stores Inc. Chief Executive Officer Mike Duke said in an i...

Will Mike Duke Help Wal-Mart Workers Live Better?

David Nassar | Posted 05.25.2011 | Business
David Nassar

This week, Wal-Mart introduced Mike Duke as its new CEO. Regrettably, there is little evidence that he bring new ideas with him.

Mike Duke, Wal-Mart CEO

AP | ANNE D'INNOCENZIO | Posted 05.25.2011 | Business

NEW YORK — Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February an...