Retail

Can Target Afford a $15 Minimum Wage?

Target Corp. (NYSE: TGT) is setting a new precedent among most major retailers, and thousands of Target employees are going to see a nice addition on their checks. The company ...
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Retail Store Closures Up Nearly 200% in 2017

In 2016, major U.S. retailers announced the closure of 2,139 stores and the opening of 2,159 new stores. Through this week, retailers have announced the closure of 6,098 stores and ...
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Is It Time for a Turnaround at Finish Line?

Finish Line Inc. (NASDAQ: FINL) reported its fiscal second-quarter financial results before the markets opened on Friday. The company said that it had $0.12 in earnings per share (EPS) and ...
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Toys ‘R’ Us to Add 12,050 Holiday Workers in Top Markets

Toys "R" Us may be bankrupt, but it is not dead yet. The company said it will add 12,050 temporary holiday workers. For those who want to apply, the process begins ...
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Is Bed Bath & Beyond Surrendering to the Amazon Effect?

Bed Bath & Beyond Inc. (NASDAQ: BBBY) saw its shares tumble on Wednesday after the company issued its most recent earnings report. Out of the major companies that reported late ...
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Deloitte Forecasts Holiday Spending Increase of Up to 4.5% Amid Economic Optimism

Total retail holiday sales are expected to climb 4.0% to 4.5% this year, according to Deloitte’s annual holiday retail forecast released Wednesday, reflecting a strengthening economy, a robust labor market ...
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Walmart Big Enough Not to Need Holiday Temps?

Wal-Mart Stores Inc. (NYSE: WMT) won't hire temporary workers for the holidays, while most large retailers need to add tens of thousands of people to handle the late-year shopping crush. ...
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Kohl’s to Accept Amazon Returns

Beginning next month, 82 Kohl's Corp. (NYSE: KSS) stores in Los Angeles and Chicago will accept returns from consumers who bought the goods from Amazon.com Inc. (NASDAQ: AMZN). Kohl's will ...
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Do AutoZone Q4 Earnings Mean It Is on the Right Track?

AutoZone Inc. (NYSE: AZO) reported its fiscal fourth-quarter financial results before the markets opened on Tuesday. Previously, we explored whether this earnings report could turn the stock around after a ...
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Toys ‘R’ Us Succumbs to Crushing Debt With Bankruptcy Filing

Toys "R" Us, the largest U.S. toy store chain to file bankruptcy protection, is a victim of its own missteps as well as the turmoil engulfing the retail industry. The ...
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Was Toys ‘R’ Us Killed by Amazon? No, It Killed Itself

Amazon.com Inc. (NASDAQ: AMZN) is blamed for traditional retail bankruptcies, store closings and layoffs. The blame will extend to the Chapter 11 filing by Toys "R" Us. In reality, the ...
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Can Earnings Get AutoZone Back on Track?

AutoZone Inc. (NYSE: AZO) shares have taken a beating in 2017 so far at the hands of weak earnings, industry sales trends and the specter of Amazon.com Inc. (NASDAQ: AMZN). ...
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Amazon Could Cause 400 Malls to Close

If Amazon.com Inc. (NASDAQ: AMZN) continues to scorch the apparel industry, 400 of the nation's 1,200 malls could close. The figure was issued by credit rating agency Fitch, which called ...
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Amazon Share Price Increase Doubles Walmart’s in 2017

Wal-Mart Stores Inc.'s (NYSE: WMT) share price has had a good run this year. Up over 13%, it has outperformed the Dow Jones Industrial Average, of which it is a ...
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Crippled Macy’s to Add 80,000 Holiday Workers

Macy's Inc. (NYSE: M), the deeply troubled department store chain, says it will add 80,000 workers for the holidays. Most will be in distribution and warehouse operations as the company ...
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