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Seller of Online Currency May Have Been Victim of Fraud
Flooz.com, a purveyor of online currency used as electronic giftcertificates, officially ceased operations over the weekend,according to its chief executive, Robert Levitan. It fell victim to asoftening economy and a sour investment atmosphere. But Internetfraud may have sped its demise, a person close to the company said. -
Wal-Mart builds Eight New Distribution Centers to Support Rapid Growth
HOUSTON--(BUSINESS WIRE)--Aug. 27, 2001--Industrialinfo.com (Industrial Information Resources Inc.: Houston, Texas)confirms that Wal-Mart Stores, Inc. (NYSE:WMT - news; Bentonville, Ar.) plans to open approximately 210 new discount storesand supercenters domestically in 2002.