September Retail Sales Rise 5% as Promotions Cut Revenues
The number of retailers reporting same-store sales has declined, but the reported numbers do provide an interim look on the quarter's performance at U.S. retail stores.
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Newest first · Page 218Gap CEO to Depart — the Announcement
Gap has announced that Art Peck has been selected as the company’s next chief executive officer.
J.C. Penney Sales Crumble
At its analyst day presentation on Wednesday, J.C. Penney cut its third-quarter forecast for same-store sales.
Sears Stock Crumbles on Report of Vendor Halt
A report Wednesday that three of the largest insurance firms for Sears suppliers are trying to reduce coverage on shipments to the retailer sent its shares plunging.
Costco Earnings Point to What Sears Aims to Be
Costco Wholesale reported mixed fourth-quarter and fiscal 2014 results before markets opened Thursday morning.
Costco Same-Store Sales Up 6% in Last Quarter
Costco has shown just how different it is from other big-box retailers that have struggled with growth.
Bad Chicken in China Haunts Yum! Earnings
Yum! Brands Inc.Yum! Brands, Inc. (NYSE: YUM) reported third quarter 2014 results after markets closed on Tuesday. The fast-food restaurant operator posted adjusted diluted earnings per share (EPS) of $0.87 and revenues of $3.35…
Walmart Cuts Health Benefits for Part-Timers
Walmart said on Tuesday that it would stop offering health insurance benefits to about 30,000 part-time U.S. employees.
The Sears Turnaround Even Worse Than J.C. Penney
In a report published Tuesday by Standard & Poor’s, the ratings agency compares the recovery plans of Sears and J.C. Penney.
360-Degree Earnings Preview for Yum! Brands
Yum! Brands is set to report its earnings Tuesday after the markets close.
Walmart Adds Health Insurance to Smorgasbord of New Offerings
It can be difficult keeping up with the new services that Walmart is offering in its U.S. stores.
RadioShack Long-Term Problems Kill Financing Optimism
A short-term fix to RadioShack's financing will not fix any of the long-time problems the company has.
Can RadioShack Close 1,000 Stores?
While RadioShack has new investors, it continues to face the same problems, first among them its store count.
Costco, GM Team Up to Offer Holiday New Car Sales
courtesy of General MotorsCostco Wholesale Corp. (NASDAQ: COST) and General Motors Co. (NYSE: GM) on Wednesday launched a promotional event for Costco members which includes special pricing on 17 GM vehicles from model years…
Court Rules Against Walmart in Mexican Bribery Case
What did Walmart know about allegations of bribery in Mexico, and when did they know it?