August 30, 2013
Wal-Mart Stores Inc. told investors on Thursday that it could provide up to $50 million in low-interest loans or other types of payments to Bangladesh factory owners for building improvements. The money is part of the more than $100 million …
August 28, 2013
Wal-Mart Stores Inc. said on Tuesday it will offer health insurance benefits to domestic partners of its U.S. employees starting next year, following the lead of other major companies. The world’s largest retailer, based in Bentonville, Arkansas, also plans to …
August 22, 2013
CVS Caremark Corp said on Wednesday that it has taken the unusual step of cutting off access to powerful painkillers for more than 36 doctors and other healthcare providers found to prescribe the drugs at an alarmingly high rate. The …
June 12, 2013
Walgreen Co., the largest U.S. drugstore chain, has agreed to pay $80 million in civil penalties to resolve allegations that it violated federal rules governing the distribution of prescription painkillers. The U.S. Drug Enforcement Administration on Tuesday said the settlement …
May 16, 2013
A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming their European counterparts are giving labor unions too much control over …
May 15, 2013
North American retailers on Tuesday discussed forging their own Bangladesh safety agreement–an alternative to a legally binding accord that many European retailers have signed on to–though details of any alternative accord were still unclear. The discussions Tuesday were the latest …
April 10, 2013
Wal-Mart Stores Inc., the world’s largest retailer, is making its biggest push yet to try to improve conditions at factories that produce its clothing after a fire at a Bangladesh factory last year killed 112 people. The company also said …
March 28, 2013
Wal-Mart Stores Inc. is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc. Tapping customers to …
December 14, 2012
A factory fire that killed more than 100 garment workers in Bangladesh has led the world’s largest retailer, Wal-Mart Stores Inc., to concede that it needs to do more to control its supply chain and keep unauthorized manufacturers out. In …
October 11, 2012
Wal-Mart Stores Inc. is offering its U.S. employees and their families free heart and spine surgeries at six major health centers at no cost to the retailer’s workers, as it tries to find better ways to cover costly, complicated procedures. …