The Shinsegae Company will pay Wal-Mart $882 million dollars for the stores. The deal was originally made in May, pending Commission approval. After eight years in South Korea, Wal-Mart, the world`s largest retailer, won just 4 percent market share, and posted a 2005 net loss of $10.49 million. Analysts say the exits of Wal-Mart and other western retailers highlights the intense competition among global retail players in Asia and a shift into fast-growing markets such as China and India. (Copyright 2006 Newsroom Solutions, LLC)
Restaurants Raise Money for NWA Children's Shelter
ROGERS, AR-- A Rogers restaurant is offering an opportunity to donate to the Northwest Arkansas Children's Shelter.
Oklahoma Tornado: How to Help
MOORE, OK -- The loss of life and stunning devastation in Oklahoma City suburbs after a monster tornado ripped through the area are heart-wrenching. But...
Fayetteville Murder Trial Reset to September
FAYETTEVILLE, AR-- A Fayetteville murder trial seven years in the making was delayed today.
- Counties, Cities Offer Severe Weather Alerts
Rain Potential Threatens Recent Road Repairs
The Benton County Roads Dept. says because the ground is already saturated, 4 or 5 inches of rain could damage recent flood repairs to roads...
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