Financial News: Page 409
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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 Brian Warmoth • 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 Brian Warmoth • 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 Brian Warmoth • 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 Brian Warmoth • Dec. 26, 2012
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