wal mart stores

Wal-Mart Stores says Mike Duke, vice chairman of its international division, will replace Lee Scott as president and chief executive when he retires from those positions in February.

Wal-Mart Stores says Mike Duke, vice chairman of its international division, will replace Lee Scott as president and chief executive when he retires from those positions in February.

Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February and be replaced by the head of its international division.

Wal-Mart Stores Inc. says it has invested in a wind energy farm in Texas that will generate enough power to light 15 percent of its Texas operations.

Discount retailers are performing better than some others amid the weak economy as hunt for bargains, but Wal-Mart Stores Inc. has been performing better than Target Corp., due to its focus on groceries and low prices.

Wal-Mart Stores, Inc. — with its re-emphasis on low prices — is among the few retailers performing well in what has become an increasingly bleak consumer spending climate.

Wal-Mart Stores Inc. is reporting a 10 percent increase in third-quarter profit as the world’s largest retailer’s renewed focus on low prices is attracting financially squeezed shoppers.

Wal-Mart Stores Inc. is reporting a 10 percent increase in third-quarter profit as the world's largest retailer's renewed focus on low prices is attracting financially squeezed shoppers around the world.

The company, however, is reducing its profit outlook amid a weak economy.

Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on the consumer.

Wall Street heads into another turbulent week with investors set to pore over a government report on retail sales and earnings from Wal-Mart Stores Inc. to get a better reading on the consumer.