Financial News: Page 420


  • 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’OrĂ©al 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