Archive for May, 2009
Sunday, May 24th, 2009
Wal-Mart’s Brazilian Boom
Following its recent trend to focus expansion internationally, Wal-Mart is pouring money into Brazil to compete with French giant Carrefour, and Brazil’s own Pão de Açúcar. An article in La Prensa, a major Nicaraguan newspaper, discusses competition among the three giants:
Wal-Mart [recently] revealed in mid-August that it will invest between $900 million and $1 billion [...]
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Thursday, May 14th, 2009
Scorpions! Scorpions!
Customers of Wal-Mart’s European retail front Asda, may want to take a closer look at the fruit they have purchased from the chain. A woman in Wisbech, Cambs UK got more than she bargained for when she purchased an ordinary bunch of bananas: a little scorpion! Laura Miller returned the bananas to the store and [...]
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Saturday, May 9th, 2009
Legal Blog: Has Wal-Mart no heart?
Wal-Mart has, unsurprisingly, been the target of more lawsuits than one can count over the years. The company’s treatment of its workers and “save money at all costs” mentality has resulted in a flood of legal challenges ranging from single plaintiff suits to multi-million dollar class actions.
Dukes v. Wal-Mart is of course one large example [...]
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Monday, May 4th, 2009
Wal-Mart’s Continued Attempts to Take Over Mexican Banking Sector
Wal-Mart has a long history of aggressively pushing into Mexico’s banking sector, and trying to keep various forms of payment within its stores. For example, earlier this year Mexico’s Supreme Court criticized Wal-Mart’s practice of compensating its employees with “voucher” cards only redeemable for goods within Wal-Mart stores, comparing this program to the existence of [...]
