Walmart

(Newser) - Wal-Mart employees are about to ditch their frumpy frocks in favor of a preppier look—khaki pants and dark-blue polos. It's part of a broader initiative to streamline and modernize the megastore's image to attract a new, wealthier customer base, Business Week reports. Other recent upscaling: vinyl wood floors and...

(Newser) -  Wal-Mart has withdrawn its controversial application for a bank charter, ending a potential foray into the retail bank market. The big-box retailer’s plans to set up its own bank had drawn fire from banking and consumer groups, who feared it would stifle competition. The company, for its part,...