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BUSINESS
April 10, 1992 | CHRIS KRAUL, SAN DIEGO COUNTY BUSINESS EDITOR
After exploiting nearly all of the "virgin" territory in metropolitan areas throughout the country, the major membership warehouse chains have been forced to slug it out in regions where their competitors are already entrenched. The blood has already begun to flow in cities such as Denver and Philadelphia, where San Diego-based Price Co. is going head-to-head with Sam's Club and Pace Membership Warehouse. The only big player not in those markets is Costco Wholesale.
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BUSINESS
September 3, 2011 | By Marc Lifsher, Los Angeles Times
The world's largest retailer has only Gov. Jerry Brown left to act on its appeal to reject legislation that could curtail plans to build more of its sprawling superstores in urban areas of California. The Assembly this week approved a bill that would require that Wal-Mart Stores Inc. and certain other mega-retailers conduct economic impact studies before local governments approve proposals to build big-box outlets that sell both general merchandise and groceries. The Senate previously passed the measure.
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BUSINESS
January 31, 2010
Re: "Plan is raising banks' anxiety," Jan. 27: Manny Korman of Buckingham Research Group can't be serious when he says that large investment banks "are meritocracy-oriented organizations that like to have a free hand to make their own fortunes." The concept of meritocracy flew out the window when the Big Boys ran their companies into the ground, giving the federal government the choice of using our money to bail them out or allowing the entire U.S. economy to go into free fall.
BUSINESS
August 17, 2011 | By Andrea Chang and Alana Semuels, Los Angeles Times
Despite a rise in its second-quarter profit, Wal-Mart Stores Inc. continued to struggle with an important measure of U.S. sales as its core low-income customers worried about job security, rising costs and their finances. For the three months ended July 31, the nation's largest retailer reported profit of $3.8 billion, or $1.09 a share, a penny better than expected and up 5.7% from $3.6 billion, or 97 cents, a year earlier. Although the discount giant performed well internationally, its U.S. business remained weak as shoppers spent frugally, especially on discretionary items, amid a sluggish economy.
BUSINESS
June 4, 1994 | CHRIS KRAUL, TIMES STAFF WRITER
When U.S. retailers took the discount membership warehouse concept to Mexico, few envisioned that the giant stores would be so successful in such a relatively short time. San Diego-based Price/Costco, which opened its first Price Club in Mexico City in 1992 and now has six outlets, says business has been so good that it plans to build six more in Mexico by the end of the year in partnership with Mexican retailer Comercial Mexicana.
BUSINESS
January 12, 2010 | By Andrea Chang
Wal-Mart Stores Inc., the world's largest retailer, said Monday that it would close 10 underperforming Sam's Club stores, including four in California. In the Southland, the warehouse club operator will shut stores in Irvine, La Quinta and Vista. Other closures will include stores in the Sacramento, Houston and Phoenix markets. Spokeswoman Susan Koehler said the stores are scheduled to close Jan. 22. She said she didn't know why so many California locations were affected. "It's not related to the economy," she said.
BUSINESS
April 23, 2011 | From Reuters
Wal-Mart Stores Inc has begun testing an online grocery delivery service in San Jose, California. The world's biggest retailer had been rumored to be considering dipping its toe into online grocery delivery for the past few years. The "Walmart To Go" test allows customers to visit Walmart.com to order groceries and consumables found in a Walmart store and have them delivered to their homes, the spokesman said. Products include fresh produce, meat and seafood, frozen, bakery, baby, over-the-counter pharmacy, household supplies and health and beauty items.
BUSINESS
April 27, 2007 | From Bloomberg News
Wal-Mart Stores Inc. said it would cut 1,200 salaried jobs at its U.S. Sam's Club stores by using fewer managers with more responsibilities. About 3,000 jobs will be condensed into 1,800 positions with higher pay, a spokeswoman said. The change will improve customer service by making operations more efficient, she said.
BUSINESS
July 4, 2003 | From Associated Press
The Arkansas Supreme Court overturned a trespassing decision that barred a labor union from soliciting for members at Wal-Mart and Sam's Club stores nationwide. The court ruled that the world's largest retailer failed to show irreparable harm from solicitations by members of the United Food and Commercial Workers International Union. Bentonville, Ark.-based Wal-Mart Stores Inc. said it was still examining the order.
BUSINESS
October 3, 1994 | From Times Staff and Wire Reports
Sam's Club Workers to Vote on Union: About 150 workers at Sam's Club in Fullerton will vote Friday on whether they want to be represented by the Teamsters union. If the majority votes for representation, the store will be the first owned by retail giant Wal-Mart Inc. to become unionized. Arkansas-based Wal-Mart, which operates 430 Sam's Club membership warehouses and 2,300 Wal-Mart discount department stores nationwide, has so far defeated all efforts to organize its workers.
NATIONAL
June 20, 2011 | From Bloomberg
The U.S. Supreme Court, in a ruling that may mean new limits on class-action suits, rejected an effort to sue Wal-Mart Stores Inc. for discrimination on behalf of potentially a million female workers. The justices said the lawyers pressing the case failed to point to a common corporate policy that led to gender discrimination against workers at thousands of Wal-Mart and Sam's Club stores across the country. The court ruled unanimously on some aspects of the case and divided on others.
BUSINESS
May 18, 2011 | By Andrea Chang, Los Angeles Times
Rising gas prices are forcing many shoppers to cut back on shopping trips to Wal-Mart, adding another challenge for the world's largest retailer as it tries to reverse a prolonged slump in U.S. sales. Wal-Mart Stores Inc. reported Tuesday that its fiscal first-quarter profit rose 3%, ahead of Wall Street expectations, but said an important measure of sales fell for the eighth quarter in a row. Sales at U.S. stores open at least a year — called comparable-store sales and considered an important barometer of a retailer's health because it excludes store openings and closings — fell 1.1% compared with the same quarter a year earlier.
BUSINESS
April 23, 2011 | From Reuters
Wal-Mart Stores Inc has begun testing an online grocery delivery service in San Jose, California. The world's biggest retailer had been rumored to be considering dipping its toe into online grocery delivery for the past few years. The "Walmart To Go" test allows customers to visit Walmart.com to order groceries and consumables found in a Walmart store and have them delivered to their homes, the spokesman said. Products include fresh produce, meat and seafood, frozen, bakery, baby, over-the-counter pharmacy, household supplies and health and beauty items.
HEALTH
February 25, 2010 | By Bill Scanlon, Colorado Public News
After Ryan Fiegel fell into a coma in the wake of a brain tumor in February, his parents made the tough decision to take him off his ventilator. But Ryan, 26, didn't die; he didn't wake up either. The Fiegels decided they wanted Ryan's last days to be at Grand Junction's community hospice, the Hospice and Palliative Care Center of Western Colorado. He had received excellent care at St. Mary's Hospital and Medical Center, but it was uncomfortable to be in the scurry and stress surrounding a place where staff was trained to do everything to fight death.
BUSINESS
January 31, 2010
Re: "Plan is raising banks' anxiety," Jan. 27: Manny Korman of Buckingham Research Group can't be serious when he says that large investment banks "are meritocracy-oriented organizations that like to have a free hand to make their own fortunes." The concept of meritocracy flew out the window when the Big Boys ran their companies into the ground, giving the federal government the choice of using our money to bail them out or allowing the entire U.S. economy to go into free fall.
BUSINESS
January 12, 2010 | By Andrea Chang
Wal-Mart Stores Inc., the world's largest retailer, said Monday that it would close 10 underperforming Sam's Club stores, including four in California. In the Southland, the warehouse club operator will shut stores in Irvine, La Quinta and Vista. Other closures will include stores in the Sacramento, Houston and Phoenix markets. Spokeswoman Susan Koehler said the stores are scheduled to close Jan. 22. She said she didn't know why so many California locations were affected. "It's not related to the economy," she said.
NEWS
October 23, 2009
Parking-lot wind farms: In Wednesday's Section A article about Palmdale's decision to let shopping centers and business centers install small wind turbines, a Sam's Club plan was projected to generate "76,000 kilowatts of energy." It should have said annual kilowatt-hours (the unit of measurement for wind energy).
NEWS
October 23, 2009
Parking-lot wind farms: In Wednesday's Section A article about Palmdale's decision to let shopping centers and business centers install small wind turbines, a Sam's Club plan was projected to generate "76,000 kilowatts of energy." It should have said annual kilowatt-hours (the unit of measurement for wind energy).
BUSINESS
February 27, 2009 | Times Wire Reports
Wal-Mart Stores Inc. said it would close all six of its Sam's Club membership warehouse locations in Canada by the end of March. The Bentonville, Ark.-based discounter is shifting its focus in Canada to supercenters, which sell groceries and general merchandise, after the warehouse clubs failed to meet sales expectations, a spokesman said.
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