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04 Jun 2009 10:29

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Biz, Politics: Why we all don’t want to work for Wal-Mart

  • 34 number of hours per week that constitute “full-time” at Wal-Mart; just about everywhere else, it’s 40
  • $17,114 amount of money, based on average hourly wage, that makes – still below the poverty line source

04 Jun 2009 10:25

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Biz: Wal-Mart: Our new jobs will help the economy

  • During this difficult economic time, we’re proud to be able to create quality jobs for thousands of Americans this year.
  • Wal-Mart Stores Inc. Vice Chairman Eduardo Castro-Wright • On the company’s desire to create more jobs; many states will get boosts of 1,000 new jobs each. Sounds great, doesn’t it? • source

04 Jun 2009 10:11

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Biz: Eventually, we’re all going to work at Wal-Mart

  • 22,000+ new jobs being created by the ultra-massive big box retailer this year
  • 33,800 jobs were created by both Wal-Mart and Sam’s Club last year source

14 May 2009 07:48

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Biz: Wal-Mart’s profits stay almost exactly the same as a year ago

  • $3.02 billion in profits in both Q1 ’08 and Q1 ’09 source

19 Apr 2009 21:10

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Biz: The Fortune 500’s top five and how they got to the top

  • one ExxonMobil: Making money off of the world’s addiction to oil, their massive profits were up 19% in 2008.
  • two Wal-Mart: Making money off of the world’s addiction to cheap crap, their profits were up 7% in 2008.
  • three Chevron: People like putting gas in their cars, and indirectly, money in Chevron’s cash-lined pockets.
  • four ConocoPhillips: see all the stuff we just said about ExxonMobil and Chevron, then apply it here.
  • five General Electric: Nobody watches NBC, so we’ll assume it’s because of all the other stuff they make. source

20 Mar 2009 10:04

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Biz: Whoa. Wal-Mart handed out AIG-style bonuses to the cashiers!

  • $933 million in bonuses were handed out by the mega-retailer. Unlike AIG, we want them to hand these out.
  • $667 per person the average cash bonus for each Wal-Mart employee – including part-timers at their stores. source

05 Mar 2009 10:30

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Biz: Wal-Mart: Where everybody shops because they’re broke

  • 5.2% increase in same-store sales during the month of February for the mega-retailer
  • 2.4% analysts’ estimates for Wal-Mart’s increase in sales; well, at least someone else is doing well! source
 

17 Feb 2009 10:01

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Biz: Profits fall at Wal-Mart … well, at least they still have some.

  • -7.4% their decline in profits in the 4th quarter source

30 Jan 2009 13:40

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Music: Bruce apologizes for that whole Wal-Mart exclusive thing

  • It was a mistake. Our batting average is usually very good, but we missed that one. Fans will call you on that stuff, as it should be.
  • Bruce Springsteen • on the release of a $10 greatest hits record exclusively through Wal-Mart. Fans criticized the move, as it appeared to go against much of what his music stands for. Springsteen’s pretty busy right now; he just released a new album and will sing at the Super Bowl on Sunday. • source

09 Jan 2009 00:06

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Biz, U.S.: Even Wal-Mart’s feeling the Wall Street pinch

  • +1.7% the retailer’s rise in sales during December
  • +2.8% what Wall Street was expecting; Wal-Mart’s shares went down 7.5% on the news source