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16 Nov 2010 10:19

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Biz: Wal-Mart makes big profit jump, but U.S. stores struggle

  • $3.44 billion in Wal-Mart profits in the 3rd quarter alone
  • +9.3% Wal-Mart’s overall gain in third-quarter profit
  • -1.3% the decine at U.S. stores open one year or more
  • +7.9% the increase in profits at international stores source
Posted by Ernie Smith • 0 Comments • Permalink

11 Nov 2010 10:29

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Biz: Wal-Mart offers free online shipping, with a couple catches

  • Want some crap from Wal-Mart? Well, based on what it is, you might be able to get it shipped for free over the holidays. This is a big change that could potentially give the retailer a huge leg-up on its competitors. The deal, which runs through December 20, includes giant flat-screen TVs, computers and other electronics. However, it doesn’t include furniture, toys, home appliances, some video games, baby crap (go to Diapers.com), jewelry, iPhones or iPads … wait. No iPhones or iPads? Not interested. Screw you, Wal-Mart. source
Posted by Ernie Smith • 0 Comments • Permalink

18 Oct 2010 21:14

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Music: Kanye doesn’t understand why retailers don’t like his album cover

So Nirvana can have a naked human being on they cover but I can’t have a PAINTING of a monster with no arms and a polka dot tail and wingsMon Oct 18 03:02:27 via webKanye West
kanyewest

  • So yeah, wow. The “banned” Kanye album for “My Beautiful Dark Twisted Fantasy” has a cover so weird that we don’t think that we can post it here. But Pitchfork has it, so go over there and look at the painting of a monster with no arms and a polka dot tail and wings. source
Posted by Ernie Smith • 0 Comments • Permalink

03 Jun 2010 21:01

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Biz: Show offs. Wal-Mart anticipated costly class-action bias suit

  • 1995 Wal-Mart hired a bunch of lawyers to see if they might be vulnerable to a costly class-action discrimination suit from female workers.
  • 2001 A bunch of female workers file a class-action suit against the company, claiming bias. It then winds its way through the courts.
  • 2010 A lower court decides to let the suit go forward. Wal-Mart plans to appeal that obvious decision all the way to the Supreme Court. source
Posted by Ernie Smith • 0 Comments • Permalink

24 May 2010 22:07

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Tech: Wal-Mart cuts the iPhone’s price, just in time for a new phone

  • $97 for the iPhone 3GS – just before the 4G launch source
Posted by Ernie Smith • 0 Comments • Permalink

18 May 2010 10:59

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Biz: Wal-Mart has insane quarterly revenues, just an FYI

  • $99.1
    billion     the amount the super-retailer
    sold in revenues this quarter alone,
    a new record
  • $3.3
    billion     the size of the company’s
    quarterly net profits (also a record); shares are up 2 percent source
Posted by Ernie Smith • 0 Comments • Permalink

12 May 2010 11:03

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Biz: Wal-Mart forgot to pay workers in California some of their wages

  • $86M
     the possible size of the total settlement, based on underpaid wages and vacation time
  • 232k
     the number of former workers that could benefit from the class-action suit
  • $370 the amount that would net each employee, on average, which isn’t that much source
Posted by Ernie Smith • 0 Comments • Permalink
 

26 Apr 2010 20:57

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Biz: Wal-Mart’s bracing for a huge sex-discrimination lawsuit

  • one
    million     number of women that could
    sue Wal-Mart in a class action
    trial over unfair pay
  • nine
    years     amount of time this case
    has been winding through the
    federal courts source
  • » Oh, just an FYI: This court case is weeding its way through the Ninth Circuit Federal Appeals Court. Wal-Mart plans to appeal the case. If you remember our article from yesterday, this doesn’t bode well for the result.
Posted by Ernie Smith • 0 Comments • Permalink

07 Apr 2010 10:06

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Music, Tech: Do your legal MP3s have “secret” DRM? Some stores play dirty

  • Apple, Lala and Wal-Mart are culprits. Does the record industry have sights on putting the cat back n the bag? Despite the lack of digital rights management in nearly all of the online music stores, some embed your name in the file, something which could lead to backdoor digital rights management down the line – especially if cloud-based services like Lala (which we otherwise love) take off. Will the labels ever learn? And why are Apple, Wal-Mart and Lala enablers? source
Posted by Ernie Smith • 0 Comments • Permalink

18 Mar 2010 20:00

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U.S.: Some racist jerk gets on the PA at a New Jersey Wal-Mart

“All black people” in a New Jersey Wal-Mart weren’t very happy when the message came on the PA. Some are even boycotting the store. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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