Makro, a big-box chain owned by South Africa's Massmart wholesale and retail business, soon may be part of the Wal-Mart family. South African regulators have approved Wal-Mart's bid to buy a controlling share of Massmart, which operates in more than a dozen African countries. providing access to more of the continent. The deal is expected to be finalized soon.
Wal-Mart has found a new site for a store in Orange County, Va., appeasing preservationists who deemed the corporation's original site too close to the land where the Battle of the Wilderness was fought in 1864. (Associated Press)
"By honoring its public commitment to choose an alternate site in Orange County, Wal-Mart has demonstrated that preservation groups and retailers can work together to find universally beneficial resolutions." - James Lighthizer, president of the Civil War Trust (Associated Press)
RETAIL POLITICS: Eva Yung, of Alexandria, joins other protesters at the Supreme Court on Tuesday as justices heard arguments as to whether a group of female plaintiffs can bring a class-action discrimination suit against Wal-Mart, the nation's largest private employer. (Rod Lamkey Jr./The Washington Times)
Christine Kwapnoski of Bay Point, Calif., an assistant manager at Sam's Club in Concord, Calif., is one of the named plaintiffs in a class-action sex discrimination suit against Wal-Mart over pay and promotions. If the Supreme Court approves, it would be the largest class action in U.S. history, affecting some 1.5 million people. (AP Photo)
Wal-Mart President and CEO Bill Simon listens to a reporters question during Wal-Mart's announcement of a comprehensive effort to provide healthier and more affordable food choices to their customers, Thursday, Jan. 20, 2011, in Washington. (AP Photo/Cliff Owen)
In this Feb. 17, 2009, file photo, shoppers leave a Wal-Mart in Danvers, Mass. Wal-Mart Stores Inc. is reporting a 9.3 percent increase in third-quarter net income Tuesday, Nov. 16, 2010, as the world's largest retailer benefits from cost controls and a robust international business. (AP Photo/Lisa Poole, File)
** FILE ** In this March 14, 2006, file photo, the Wal-Mart store in Princeton, N.J., is seen. Wal-Mart Stores Inc., the nation's largest private employer, plans to end automatic profit-sharing contributions for its employees in a revamp of its benefits package that it says will give workers more chance to share in its financial success. (AP Photo/Jose F. Moreno, File)