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Wal-Mart: Additions
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Wal-Mart's new MP3 music catalog includes hundreds of thousands of songs and albums, and will be continually expanded with additional mainstream and independent music content. Also, Wal-Mart is currently offering special MP3 album pricing on hundreds of album classics such as Come Away With Me by Norah Jones, Be Here by Keith Urban and Barrio Fino en Directo by Daddy Yankee at $7.88 per album; and Slippery When Wet by Bon Jovi and Get Rich or Die Tryin' by 50 Cent at $5.88 per album.
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"In addition to the share repurchase program, Wal-Mart is returning more than $3.6 billion to shareholders in the form of dividends this year," Scott added. "Wal-Mart has increased its dividend every year since its first declared dividend of five cents per share in March 1974."
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The proposed order allows Wal-Mart to divest the stores to Maximo during the public comment period. If the Commission, in making the proposed order final, finds that the buyer is not an acceptable acquirer, Wal-Mart must immediately rescind the transaction and divest the assets to another buyer within three months. In addition, the proposed order enables the Commission to appoint a trustee to divest any supermarkets or sites identified in the order that have not been divested to its satisfaction. It ... allows the FTC to seek civil penalties against Wal-Mart for non-compliance with the order's terms.
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"We've learned a lot since we opened our first HE.1 store one year ago and we are excited to put what have learned into practice with the HE.2," said Charles Zimmerman, vice president of prototype and new format development at Wal-Mart. "The secondary loop system is ideal because it not only makes the store more efficient, but ... allows us to reduce greenhouse gas emissions. This is a perfect example of how Wal-Mart's culture of encouraging learning and driving innovation often yields additional environmental paybacks that can benefit the entire retail industry."
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