Wal-Mart Stores Inc. said Friday that it will close 269 of its 11,600 stores, including 154 in the U.S. — nine in California — as the company tries to find its footing in a difficult retail climate.

Its rapid and widespread growth strategies have transformed the retail industry, prompting other companies to emulate it and generating a series of social and economic changes. A Unique Phenomenon ...

As Arwa Hamad strolls a new Wal-Mart, an eight-foot display of olive oil stops her in her tracks. "Oh, wow," she says, marveling at the sight of so many gallons of Lebanese extra virgin. "We could go ...

On Wednesday, in advance of a Friday shareholder meeting, Wal-Mart executives told employees it would turn up the heat and mix up the music in stores — after complaints that workers were chilly and ...

WASHINGTON — Wal-Mart Stores Inc. agreed to pay the government $11 million to settle charges that it used hundreds of illegal immigrants to clean many of its stores, but an investigation concluded ...

Wal-Mart Stores Inc. (WMT), the world's largest retailer, escaped criminal charges when it agreed to pay $11 million, a record fine in a civil immigration case, to end a federal probe into its use of ...

Public Eye's Brian Montopoli is writing weekly dispatches for CBSNews.com while living and working in Berlin as part of the Arthur F. Burns Fellowship Program. He will return to Public Eye in October.

Wal-Mart Stores, eyeing potentially huge profits in electronics, is hoping that customers who come in for a 12-pack of tube socks will leave with a tubeless TV as well. The retailer--which has sold ...