The Justice Department is investigating Walmart, the world’s largest retailer, over allegations that its Mexican subsidiary engaged in a systematic practice of bribing government officials to obtain building permits. The feds …
Walmart
Dying Is Expensive: The FTC Funeral Home Abuses
Consumers are at a big disadvantage when conducting business in unfamiliar venues. For most of us, happily, that includes shopping for funerals. As a result, the funeral home business is rife with exploitative practices, despite …
How Big a Deal Is Walmart’s Mexico Bribery Scandal?
The Mexican bribery scandal engulfing Walmart rattled investors on Monday, sending shares of the company down nearly 5% and those of its Mexican subsidiary down over 10%. The key question now is how much damage the scandal will …
Today’s Value Shopper Heads to Amazon, Not Walmart
Walmart became the world’s largest retailer by attracting consumers who were most interested in low prices, not a highfalutin, top-notch shopping experience. So it’s unsurprising that Walmart has received poor ratings in studies …
Walmart Wipes Up Competition in Toilet Paper Showdown
Consumers tend to be pretty particular when it comes to an item that ultimately gets flushed away. Survey results published last summer indicate that we’re more brand-sensitive regarding toilet paper than with banks, motor oil, …
Food Fight! Stores, Producers, Consumers Battle over High Food Prices
Here’s a news flash that won’t be remotely surprising if you’re responsible for grocery shopping in your house: the cost of food has been rising. In the past year, consumer food prices have increased 4.4%, compared with a 2.9% …
With High Gas Prices, Americans Are Already Driving Less, Buying Better MPG Cars
Gas prices are soaring: The national average has increased 13¢ per gallon in the past week alone. The rise comes after weeks of steadily soaring gas prices, which is especially disturbing because February usually sees a decline …
Which Retailers Have the Most Satisfied Customers?
A new study reveals that people who shop at Amazon, Costco, Publix, and Nordstrom are among the happiest consumers of late. Walmart and Netflix customers, on the other hand, aren’t particularly pleased.
Survey: Costco Given Retail Crown for Best Shopping Experience
American consumers don’t just like buying in bulk—they like the shopping experience at one bulk-buying warehouse store a lot more compared to other retailers. Based on the results of a new survey, Costco has been named the …
End of an Era: Iconic Greeters Reassigned at Walmart
Say goodbye to the iconic Walmart greeter, who came to symbolize the plight of under-saved retirees in need of a lifeline.
Why Shoppers and Shopping Centers Alike Now Embrace the Dollar Store
At one time, upper- and middle-class shopping centers turned up their noses at dollar stores, assuming that their presence would hurt the image of neighboring retailers, as well as the area as a whole. In pre-recession days, many …
Would You Get Your Taxes Done At Walmart?
Walmart has been steadily growing the scope of its financial services, offering unbanked Americans a place to do things like cash checks and pay bills cheaply — located in stores where customers will hopefully turn around and …