Business

Walmart and the logistics company that it uses for import distribution have agreed to settle a dispute regarding wage and hour violations at several Inland Empire warehouse-distribution operations. Schneider Logistics Inc. in Wisconsin will pay $21 million in unpaid wages and penalties in connection with violations that happened for more …

Stater Bros. Holdings Inc., the parent company of Stater Bros. Markets, reported healthy sales and earnings for the second quarter of its current fiscal year. The San Bernardino-based grocery store chain recorded sale of $963.8 million during the 13-week period that ended March 30, up 0.2 percent compared with the …

Whole Foods has announced plans to open a store in Palm Desert. The store, which will employ about 150 people, is scheduled to open Sept. 24, according to a report published in The Press-Enterprise. The store, at 44-459 Town Center Drive, will sell natural and organic foods. It will cover …

An electric car company has opened its first Inland Empire dealership. Tesla Motors held a grand opening ceremony Friday for its sales and service center at 68080 Perez Road in Cathedra City, according to a report first published by The Press-Enterprise. Besides the opening ceremonies, the event included interactive displays …

Monster Beverage Corp. reported a solid first quarter, with net profits rising to $95.3 million. That figure, which equates to 55 cents a share, was up from $63.5 million compared with the first three months of 2013, according to a statement posted Thursday on the company’s website. Sales for the …

Office Depot Inc., a global provider of office products, will close at least 400 U.S. stores between now and the end of 2016, a move that is expected to save the company at least $75 million. The company is looking to merge its operations in the aftermath of its merger …