Retail

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Has Wal-Mart Warning Killed Higher Minimum Wage?

In its statement Wednesday, Wal-Mart said it expects an impact of $1.5 billion on operating income in fiscal year 2017 related to the promised wage hike to $10 an hour.

Paul Ausick · 11 years ago

Banana Republic Sales Drop 10%

Banana Republic sales dropped 10% in September, and the division of Gap faces extraordinary weakness as the holiday season quickly approaches.

Douglas A. McIntyre · 11 years ago

September Retail Sales Show Modest Gain

Retailers are announcing September U.S. same-store sales figures Thursday morning, and research firm Retail Metrics has noted a modest year-over-year gain.

Paul Ausick · 11 years ago

September Retail Sales Expected to Be Sluggish

Several chain stores will be announcing September same-store sales on after markets close Wednesday, and the projections from research firm Retail Metrics are not upbeat.

Paul Ausick · 11 years ago

American Apparel Goes Into Bankruptcy

American Apparel has filed for Chapter 11. Now, the retailer has to show it can survive in any form, with customers going elsewhere to buy competitive products.

Douglas A. McIntyre · 11 years ago

Wal-Mart Fires 450 at Headquarters

Wal-Mart has announced that 450 home office staff will lose their jobs in order to make the retailer "more nimble organization,"

Paul Ausick · 11 years ago

Costco Up on Mixed Q4 Earnings

Costco Wholesale reported mixed fiscal fourth-quarter financial results after the markets closed on Tuesday.

Chris Lange · 11 years ago