McDonald’s has been on a mission to improve its burgers with the introduction earlier this year of fresh quarter pounder sandwiches across the US, where the chain has about 14,000 locations. T

McDonald’s, the world’s biggest restaurant chain by sales, posted same-store growth in its home market that missed estimates in the second quarter, ev(...)

Nike’s popular running shoe brands such as Lunar, Free and Flyknit as well as basketball brands such as Jordan and LeBron helped drive North American sales, which rose 13 per cen

Nike, the world’s largest footwear maker, reported quarterly revenue that missed analysts’ estimates as a strong dollar hurt sales from some of its ov(...)

In what’s been a closely guarded family secret, the late Walmart heir John Walton gave half of his then-$17 billion estimated fortune to charitable trusts and a third to their only child, Lukas Walton, now 29, an analysis of court documents reveals. His wife Christy got the rest.

Ever since Walmart heir John T Walton died 10 years ago in a plane crash, it has been widely assumed that he passed the bulk of his vast estate to (...)

 A shopping cart with a discarded box from a big screen TV in the near empty parking lot of a Walmart in Secaucus, New Jersey

Wal-Mart has warned that higher wages as well as spending on e-commerce and lower prices would cut earnings per share as much as 12 per cent next fisc(...)

Wal-Mart lowered its forecast for the year ending in January to a range of $4.40 to $4.70 from its outlook of $4.70 to $5.05 in February. The consensus was for $4.77 per share. Photograph: Saul Loeb/AFP/Getty Images

Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its annual forecast on Tuesday, citing higher costs from adding work(...)

Wal-Mart  expects net sales to be up between 2-3 per cent for the fiscal year, down from an earlier forecast of a rise of 5 per cent to 6 per cent. The retailer also cut its profit forecast by 10 cents a share.

Wal-Mart Stores has posted disappointing quarterly sales after shoppers worldwide proved cautious, prompting the discount retailer to lower its yearly(...)