Walmart

WASHINGTON - A federal judge has approved a $6.8 million settlement of a discrimination lawsuit involving Wal-Mart Stores and the Equal Employment Opportunity Commission, The Associated Press reports.

BENTONVILLE, Ark. - Wal-Mart Stores Inc. told Reuters news service on Friday that it is well-prepared to battle Kroger Co. and other grocery chains on food prices, but it will pinch profit margins.

DALLAS - Fleming on Wednesday announced J.R. Campbell will join the company as executive vice president, merchandising and supply. Most recently, Campbell served as president, global sourcing division for Wal-Mart Stores Inc.

NORCROSS, Ga. - Tyco International said today its health care division is buying Paragon Trade Brands Inc., the largest generic maker of disposable diapers in the United States and Canada, for $565 million, The Associated Press reports.

ATLANTA - Winn-Dixie may turn at least some of its 40 metro Atlanta locations into Save Rite warehouse stores as Cub Foods closes its Georgia stores, the Atlanta Journal-Constitution recently reported.

BENTONVILLE, Ark. - Wal-Mart Stores Inc. announced Tuesday that Jeanne Jackson, president and chief executive of Walmart.com, will be stepping down after the holiday 2001 season, The Associated Press reported.

BENTONVILLE, Ark. - Wal-Mart Stores is making it easier for customers to use its private-label credit cards, thanks to a new program in which Wal-Mart and Sam's Club will accept each other's cards.

BENTONVILLE, Ark. - Wal-Mart Stores Inc. today reported record sales and earnings for the quarter ended October 31, 2001. Net income for the quarter was $1.481 billion, up from $1.369 billion for the similar prior year quarter. Total sales were $52.738 billion, an increase of 15.5 percent over the similar prior year quarter.