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Despite Profit, Wal-Mart Lowers Forecast

Nov. 13, 2008
Wal-Mart Stores Inc. is reporting a 10 percent increase in third-quarter profit as its renewed focus on low prices is attracting financially squeezed shoppers.
Related Stories from UPI.com

Shoppers sue over fatal Wal-Mart stampede

MINEOLA, N.Y., Dec. 2 (UPI) -- Two men who say they were hurt in a fatal stampede at a Long Island Wal-Mart are ready to sue over an alleged lack of preventative action by police.

N.Y. lawmaker eyeing Black Friday law

NEW YORK, Dec. 1 (UPI) -- A New York lawmaker says the city should implement a new law that would require stores to improve security measures on Black Friday.

Annual retail rush appears slow

NEW YORK, Nov. 28 (UPI) -- Shoppers will be out in droves through Sunday, but the holiday crowds may be smaller than a year ago, a U.S. retail trade group said.

Man trampled to death in Black Friday rush

NEW YORK, Nov. 28 (UPI) -- A male worker at a New York Wal-Mart was killed Friday when anxious shoppers trampled him in their rush for Black Friday bargains, witnesses say.

Canadian Wal-Marts to open 24 hours

MISSISSAUGA, Ontario, Nov. 27 (UPI) -- Wal-Mart Canada announced Thursday it will keep 192 of its stores open 24 hours a day in December through Christmas Eve.

Chief fired over counterfeiting accusation

FAIRLAND, Okla., Nov. 25 (UPI) -- Authorities say the acting police chief of Fairland, Okla., has been fired for allegedly passing fake $100 bills at a Wal-Mart.

Wal-Mart fires lobbyist linked to Abramoff

WASHINGTON, Nov. 24 (UPI) -- Wal-Mart Stores Inc. has fired a top lobbyist, who is expected to plead guilty to corruption charges in Washington, a company official said.

Wal-Mart to purchase wind power in Texas

DALLAS, Nov. 20 (UPI) -- Retail giant Wal-Mart Stores Inc. said it would buy 226 million kilowatt hours of wind power per year for use in 360 stores in Texas.

Various brands of acne creams are recalled

WASHINGTON, Nov. 13 (UPI) -- The U.S. Food and Drug Administration announced the recall of various brands of acne cream because of possible contamination.

Some ReliOn insulin syringes are recalled

WASHINGTON, Nov. 6 (UPI) -- The U.S. Food and Drug Administration announced the recall of some ReliOn-brand single-use, disposable hypodermic syringes due to a potential health hazard.
Wal-Mart poised for big holiday season

Wal-Mart poised for big holiday season

BENTONVILLE, Ark., Nov. 6 (UPI) -- Retail giant Wal-Mart is poised to accomplish something rare for U.S. retailers this holiday season: It is poised to have a Merry Christmas, analysts said.
CVS joins generic drug price war

CVS joins generic drug price war

WOONSOCKET, R.I., Oct. 31 (UPI) -- Retail giant CVS Caremark Corp. said it was ready to go to war in the pricing of generic drugs, announcing a deal on over 400 common medications.

Wal-Mart sees hard-times shopping trends

LOS ANGELES, Oct. 22 (UPI) -- Wal-mart Chief Executive Officer Eduardo Castro-Wright said U.S. consumers are adjusting to "hard times" by changing their spending habits.
AC/DC won't sell music digitally

AC/DC won't sell music digitally

LOS ANGELES, Oct. 20 (UPI) -- The Australian heavy metal band AC/DC said it will not release any of its music, including its new album "Black Ice," digitally.

Employee mistake leads to arrests

CHANDLER, Ariz., Oct. 14 (UPI) -- Police in Chandler, Ariz., say three men were arrested in a credit card scam after a Wal-Mart employee mistakenly sold them an empty computer box.
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa