October 12, 1993 |
Mall Redesigned in Deal With Wal-Mart, Indians: A developer has redesigned a shopping center in Paso Robles, Calif., anchored by a Wal-Mart store, conceding to Native American activists who feared it would disturb ancient Chumash Indian burial sites. The National Congress of American Indians last summer threatened to call a nationwide boycott of Wal-Mart Stores Inc. if developer James Halferty kept on with his plans for the 40-acre center in the Central California town.
December 12, 2003 |
Wal-Mart Stores Inc.'s British supermarket chain Asda has approached Safeway Plc with an offer to buy 70 of its stores for close to $3.48 billion, sources close to the situation said. Safeway and Wal-Mart declined to comment. Wal-Mart shares fell 14 cents to $52.81 on the New York Stock Exchange.
January 15, 1994 |
Wal-Mart Buying 120 Woolco Units in Canada: Wal-Mart Stores Inc. is continuing its march across North America by entering Canada with the purchase of 120 Woolco discount stores from Woolworth Corp. The No. 1 retailer, based in Bentonville, Ark., is already in a partnership with Mexico's largest retailer, Cifra. Details of the transaction were not released, but Woolworth said it will receive about $300 million in cash from the deal.
May 8, 2007 |
Wal-Mart Stores Inc. said it would install solar-power systems to provide some of its electricity at 22 locations in Hawaii and California. The systems, built by SunPower Corp., BP and SunEdison, will provide as much as 30% of the power used at 21 stores and a distribution center, Wal-Mart said. The purchase price wasn't disclosed.
May 10, 2001
Wal-Mart Stores Inc. said it rolled out all-occasion gift registries in all of its 2,600 U.S. stores. The gift registry, located in the jewelry department, allows customers to create a wish list for birthdays, holidays, weddings and births, the world's largest retailer said. Rival discounter Target Corp. already has registry services available online and in stores for weddings and newborns. Wal-Mart shares fell 39 cents to $51.59 on the NYSE.
April 20, 2007 |
Wal-Mart Stores Inc. paid Chief Executive H. Lee Scott $29.7 million last year after sales grew at the slowest pace in more than two decades. Scott, 58, received a salary of $1.3 million and stock valued at $15.3 million, Wal-Mart said in a regulatory filing. The Bentonville, Ark.-based company also awarded him bonuses of $4.29 million and $8.08 million in stock options.