Wal-Mart executives resign in China labeling scandal
Mon, 10/17/2011 - 10:10 EDT - LA Times
Wal-Mart said Monday it was replacing the head of its operations in China, the giant U.S. retailer's latest setback in the country after employees were arrested and detained last week in the western city of Chongqing in connection with a labeling scandal.
Wal-Mart Stores Inc. is replacing the head of its operations in China, the latest setback for the U.S. retailer in one its most important foreign markets.
More than 1,000 e-mailed complaints signal that Wal-Mart Stores Inc.’s restocking challenges are more widespread than the world’s largest retailer has said.
Margaret Hancock has long considered the local Wal-Mart Stores Inc. superstore her one-stop shopping destination. No longer.
During recent visits, the retired accountant from Newark, Delaware, says she failed to find more than a dozen basic items, including certain types of face cream, cold medicine, bandages, mouthwash, hangers, lamps and fabrics.
The cosmetics section “looked like someone raided it,” said Hancock, 63.
Reuters - Two executives of Wal-Mart Stores Inc's China operation, including its head, have resigned for personal reasons, the company said on Monday, the latest setback for the world's largest retailer in China where it has faced store closures and employee detentions.
Reuters - Two executives of Wal-Mart Stores Inc's China operation, including its head, have resigned for personal reasons, the company said on Monday, the latest setback for the world's largest retailer in China where it has faced store closures and employee detentions.
SAN FRANCISCO (Reuters) - PayPal is extending its reach to more physical stores, having signed up 50 merchant acquirers which help process payments but the
We are not talking about a couple of empty shelves. This is throughout the store in every store. Some places look like they’re going out of business
Wal-Mart Stores Inc, already struggling to woo shoppers constrained by higher taxes, is “getting worse” at keeping shelves stocked, the retailer’s U.S. chief told executives, according to minutes of an officers’ meeting obtained by Bloomberg News.