Friday, June 1, 2012

Wal-Mart probe not seen hurting foreign growth

Wal-Mart Stores Inc does not expect ongoing investigations into possible foreign bribery to impact new store growth internationally, Walmart International CEO Doug McMillon said on Thursday. Photo: Wal-MartThe world's largest retailer has been under fire from shareholders and activists after the New York Times reported in April that management at Wal-Mart de Mexico, or Walmex, allegedly orchestrated bribes of $24 million to help it grow quickly in the last decade and that Wal-Mart's top brass

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