After a seven-year investigation, Walmart has entered into a global settlement with the United States Department of Justice and Securities and Exchange Commission regarding the company’s compliance with the U.S. Foreign Corrupt Practices Act, the retailer announced.
Walmart and Advent International have completed Advent’s previously announced investment in an 80% equity stake in Walmart Brazil. Walmart has retained a 20% stake in the business.
Walmart is selling a majority stake in Walmart Brazil to Advent International, a global private equity investor group.
SodaStream is looking to make a splash with a new promotion tied to the upcoming Summer Olympics in Brazil that…
Wal-Mart Stores posted mixed results for the fourth quarter although the performance of the home department was “solid.” For the…
Wal-Mart Stores plans to close 269 stores in the United States and in international markets. The company said it plans…
Walmart may close as many as 30 stores in its Brazilian operation as the company looks to exit under-performing markets,…
Over 30 co-exhibitors will participate in the Brazilian International Pavilion at the 2014 International Home + Housewares Show under the…
The IHA/Housewares Export Council’s Trade Missions, held most recently in June 2013 in São Paulo, Brazil and Bogotá, Colombia, allowed…