On the 23rd of November, the Indian joint venture of Wal-Mart Stores Inc. and Bharti Enterprises Ltd informed that its several workers had been suspended as part of a probe launched by the world’s biggest retailer into alleged serious infringements of US anti-bribery laws at some of its foreign units. The accusation could slow down and even destroy the Wal-Mart Stores Inc.’s attempt to open its stores in India.
Wal-Mart Stores Inc. is moving its Black Friday deals even earlier this year as they are to start at 8 p.m. on Thanksgiving Day. The world’s largest retailer has announced three waves of deals this year and at the same time it has assured that all its clients will be able to get their Black Friday deals.
Wal-Mart Stores Inc., which is the U.S. largest retailer, informed on 20th of September that it had decided to stop selling Amazon.com Inc.’s Kindle tablets and e-readers. By making this decision Wal-Mart Stores Inc. has joined another retailer, Target Corp., in its choice to drop sales of Amazon Kindle tablets. The move seems to be made just after a pricing dispute. Furthermore the decision of Wal-Mart Stores Inc. is said to be a sign of growing competition between the world’s largest store chain and Amazon.com Inc. Company’s official informed concurrently that Wal-Mart Stores Inc. would focus on the sale of Apple Inc.’s iPad and other gadgets, which consumers are more interested in.