Financial News: Page 409


  • Canadian costs impact Target earnings

     Sales were also reportedly held back by continuing shopper uncertainty in the current economy.

    By Roger Riddell • Feb. 27, 2013
  • Macy's CEO takes stand in Martha Stewart case

    The trial is over the exclusivity of Martha Stewart's branded products.

    By Christopher Sacco • Feb. 26, 2013
  • Lowe's quarterly results up on makeover, Sandy sales

    The company forecasts a sales increase for the current fiscal year.

    By Roger Riddell • Feb. 25, 2013
  • Tax on online, out-of-state retailers under consideration in Missouri

    Stores making deliveries to Missouri residents from neighboring states are a primary target of the legislation.

    By Roger Riddell • Feb. 25, 2013
  • Macy's, J.C. Penney go to court over Martha Stewart products

    Macy's alleges Martha Stewart Living breached its contract by signing a contract with J.C. Penney, which is taking advantage of a store-within-a-store loophole.

    By Roger Riddell • Feb. 21, 2013
  • Wal-Mart sex discrimination claim dismissed in Tennessee

    The dismissal denies suits in five southern states.

    By Christopher Sacco • Feb. 21, 2013
  • Wal-Mart emails reveal tax worries for retailers

    After payroll-tax breaks expired at the end of 2012, Wal-Mart is having the worst start to monthly sales in seven years.

    By Davide Savenije • Feb. 19, 2013
  • Harris Teeter confirms possible sale

    Industry analysts speculate whether a competitor or private equity firm will buy the chain.

    By Davide Savenije • Feb. 15, 2013
  • Big sales from flu shots for Walgreens, CVS

    Walgreens and CVS have shown a big boost in sales after a 2009 policy change allowing pharmacists to administer flu shots. 

    By Joan Brodecki • Feb. 8, 2013
  • Retailers target home goods sales amid housing rebound

    During an anticipated rebound in the housing market, big retailers are banking on consumers snatching up sofas, toasters and home decor.

    By Joan Brodecki • Feb. 5, 2013
  • Chinese e-retail staff cuts ensue ahead of new year

    Sales surged in 2012, but forecasts have companies looking ahead conservatively.

    By Jan. 30, 2013
  • Walmart, Target stores leaving new credit card surcharges alone

    Retailers are now free to surcharge away, but big chains are opting to pass.

    By Jan. 29, 2013
  • Macy’s makes major management changes for new year

    Macy's has announced five major management changes, some of which are effective immediately.

    By Joan Brodecki • Jan. 28, 2013
  • 179M viewers to spend $12B on Super Bowl

    According to research, the average viewer will spend nearly $69 on retail products in preparation for Super Bowl Sunday.

    By Davide Savenije • Jan. 28, 2013
  • Abercrombie & Fitch outperforms expectations

    Abercrombie & Fitch now ranks #1 on the Zacks Consensus Estimate after strong sales performance over the last year.

    By Joan Brodecki • Jan. 22, 2013
  • Walmart has a 10-year plan to boost U.S.-sourced products

    Walmart and Sam's Club stores across the U.S. could see $50 billion in more U.S.-sourced products over the next  decade.

    By Joan Brodecki • Jan. 15, 2013
  • Harry Winston sells off watch and jewelry business to focus on diamond mining

    Harry Winston has reportedly reached a deal with Swatch to sell off its watch and jewelry retail business, filling in a gap in the Swatch portfolio.

    By Joan Brodecki • Jan. 14, 2013
  • Tiffany & Co. remains a valuable investment despite a decade low earnings stretch

    Tiffany & Co. reports low earnings for the last four quarters, however the allure of the product has investors talking take-over citing it as a "trophy property." 

    By Joan Brodecki • Jan. 14, 2013
  • Best Buy sales stabilize as Schulze hopes for takeover success

    In the meantime, the company is slashing its free cash flow forecast for fiscal 2013.

    By Joan Brodecki • Jan. 11, 2013
  • Investment Group acquires Supervalu stores for $3.3 billion

    Supervalu will keep Save-A-Lot, but its other stores will go to an investor group led by Cerberus Capital Management LP.

    By Joan Brodecki • Jan. 11, 2013
  • L’Oréal to expand retail operations in India

    The luxury cosmetics market in India may hold new opportunities outside of Mumbai and Delhi.

    By Jan. 1, 2013
  • Early 2012 holiday data shows poor retail results, online sales growth

    Christmas Day online sales took a leap, outperforming last year's numbers for the same day.

    By Dec. 26, 2012