Bill Simon

A top executive of Wal-Mart Stores Inc. told local business leaders Monday that returns from the company’s small-format stores have recently become as profitable as those of its well-known supercenters.The changing business model means that Chicago is the best...

Wal-Mart Stores Inc the world’s biggest retailer, plans to accelerate the opening of its mid- sized Walmart Market stores, said U.S. stores chief Bill Simon. Wal-Mart will open 90 to 100 of the stores in the year ending in...