ThinkstockBeginning this week, merchants may charge a 4% premium for people who use credit cards for their purchases. A settlement in a legal action between card companies and merchants has triggered that…
ThinkstockA New Credit Card Surcharge Beginning this week, merchants may charge a 4% premium for people who use credit cards for their purchases. A settlement in a legal action between card companies…
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) is making an expansion in Canada, which some investors may say is on the heels of a similar move from rival Target Corp.…
ThinkstockElectronics retailer RadioShack Corp. (NYSE: RSH) this morning announced that it will end its relationship with Target Corp. (NYSE: TGT) in mid-April. RadioShack operated Target Mobile kiosks in 1,500 Target stores in…
ThinkstockConsumer electronics retailer hhgregg inc. (NYSE: HGG) announced preliminary results for its fiscal third quarter this morning, and the results were not pretty. The company expects quarterly sales to be down 3.6%…
ThinkstockToys“R”Us may no longer be a public company, but that does not mean that it is not an important barometer for toy companies. The company was acquired in a deal in 2005…
courtesy J.C. Penney Co. Inc.Why are some companies hated? The answer often depends on who is asking. Corporations can anger their customers, fail their shareholders, and mistreat their employees. 24/7 Wall St.…
ThinkstockTarget Corp. (NYSE: TGT) is taking its price matching a step further. Rather than just price matching during the holidays, Target will honor this year round. Target identified its list of competitors…
ThinkstockThe man who created Sears Holdings Corp. (NASDAQ: SHLD) in 2005, largely through the combination of Sears and Kmart, and then ruined the new public company, will take over as CEO of…
ThinkstockWhile early reports on December same-store sales were mixed, the final tally showed a solid gain, with 53% of retailers reporting same-store sales beating estimates and just 47% falling short. The data…
ThinkstockRetailers are announcing December same-store sales figures today and, to tell the truth, expectations are pretty low. Research firm Retail Metrics projects an overall gain of just 1.9% year-over-year, sharply lower than…
U.S. equity markets opened sharply higher this morning following approval last night from the U.S. House of Representatives of a bill that preserves some tax cuts, eliminates others, and basically kicks the…
ThinkstockRetailers do not appear to be headed for uniformly upbeat sales increases in December. Research firm Retail Metrics has dropped its forecast for a same-store sales increase by another 10 basis points…
ThinkstockNegotiations have failed between the International Longshoremen’s Association and the U.S. Maritime Alliance, raising the threat of a longshoreman’s strike against U.S. ports on East and Gulf Coasts. The Alliance represents container…
courtesy Best Buy Co. Inc.Some of the news about holiday sales at deeply troubled retailers Best Buy Co. Inc. (NYSE: BBY) and J.C. Penney Co. Inc. (NYSE: JCP) has been better than…
