Breakingviews

Wal-Mart can win leading the way on minimum wage

May 22, 2014

The mega-retailer’s labor costs would rise by $2 bln with a higher U.S. pay floor. But it also has more low-wage customers than employees, thus translating into a net gain in earnings, a Breakingviews analysis shows. Taking a stand on the issue could pay off for Wal-Mart.

Wal-Mart scandal demands spirit of Sam Walton

April 23, 2012

Chairman Rob Walton must channel his father’s integrity and initiate an independent probe into how managers, including current executives, suppressed strong evidence of widespread bribery and corruption in Mexico. To recover, heads will need to roll without fear or favor.

Wal-Mart jamboree missing one thing – a vote count

June 1, 2012

The under-fire mega-retailer pulled out all the stops for its shareholder meeting, inviting Justin Timberlake and Lionel Richie to the party. But its organizational skills don’t extend to the basics, like providing more timely color on the controversial re-election of its board.

Wal-Mart’s win puts nail in group suits’ coffin

June 20, 2011

Wal-Mart's win at the U.S. Supreme Court puts a nail in the coffin of big group lawsuits.

Wal-Mart’s banking twist curls through many cracks

October 8, 2012

The retailer’s new venture with American Express looks a good option for poorer Americans lacking access to financial services. The card also may tempt bank customers with a model that’s neither credit nor typical debit. But with deposits uninsured, regulators must watch closely.

Is Wal-Mart pulling a Circuit City on Best Buy?

December 14, 2010

Is Wal-Mart pulling a Circuit City on Best Buy? Two years ago, the mega-retailer's electronics push helped send Circuit City into bankruptcy and eventual liquidation. Best Buy thrived for a time on its rival's misfortunes. But its own falling same-store sales suggest it may be the next weak link in the retail food chain.

Wal-Mart sounds pricy vuvuzela on African growth

September 28, 2010

Wal-Mart has finally sounded the vuvuzela on African expansion.

Wal-Mart would be welcome entrant to U.S. banking

June 23, 2010

Many fret about Wal-Mart - but American bankers seem to have a particularly irrational fear of the retail behemoth. Three years ago, fierce opposition to Wal-Mart’s application for a banking license persuaded the company to retreat. Now lawmakers are poised to use financial reform to keep it even further at bay.

Wal-Mart pulls inflation debate down to earth

February 18, 2010

Fears of deflation in the United States have abated, to be replaced by worries rampant inflation could take hold.

Wal-Mart puts collar on Cerberus price for Safeway

March 7, 2014

Based on the 2007 A&P-Pathmark merger, synergies could be worth more than half the $9.4 bln Cerberus’s Albertsons is paying for its rival U.S. grocer. In theory that leaves room for a higher offer. But competition means cost savings may need to go to shoppers, not investors.