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NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 25 or. 2 percent, to $139.06. Wal-Mart Stores Inc. rose$. 43 or. 5 percent, to $87.04.
While the Canada pullout will initially cost Target, it should deliver a long-term benefit to the company's U.S. business.
NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. fell$. 64 or. 5 percent, to $138.67. Wal-Mart Stores Inc. rose$. 39 or. 5 percent, to $87.00.
MINNEAPOLIS— Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,000 employees. And Wal-Mart Stores Inc., already the biggest retailer in Canada, cut prices to fend off Target. Other retailers have had similar problems in Canada.
Costco Wholesale Corp. fell $1.78 or 1.3 percent, to $139.31. Target fell $1.62 or 2.1 percent, to $74.33. Wal-Mart Stores Inc. fell $2.70 or 3.0 percent, to $86.61.
NEW YORK— Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell $2.36 or 1.7 percent, to $138.73. Wal-Mart Stores Inc. fell $2.43 or 2.7 percent, to $86.88.
NEW YORK— Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell $1.02 or. 7 percent, to $140.07. Wal-Mart Stores Inc. fell $1.01 or 1.1 percent, to $88.30.
One minute it's up, the next minute it's down. Jim Cramer gives two important tips for navigating the rough seas of a volatile market.
Instacart announced it has closed a $220 million funding round, which the grocery delivery service says it will use toward expansion and growth.
The U.S. dollar's spike may hit trade and manufacturing as its strength is disruptive to U.S. exports and companies with big overseas sales.
Stocks surged Thursday as oil steadied and on thinking central banks would buttress the global economy.
Retailers such as Costco could see a big benefit as oil prices keep dropping, according to Jim Cramer.
Lower gas prices and better employment numbers could have been factors in better guidance from retailers.
Some of the names on the move ahead of the open.
Incoming Hudson's Bay CEO Storch said the Internet, value and luxury goods will be the most important retail themes of 2015.
In 2013, some 2 million express packages were left stranded on Christmas Eve, according to shipment-tracking software developer ShipMatrix Inc. The reasons given were, in part, a surge in demand triggered by last-minute online promotions and bad weather. The four retailers with the most aggressive cutoff date of Dec. 23- Apple Inc, Dell Inc, Nordstrom Inc and...
Santa's sleigh delivered more on-time packages this Christmas, though a few retailers still broke their delivery promise.
With such awesome GDP data announced Tuesday, Cramer gives the inside scoop on which stocks fund managers will be buying as a result.
As oil prices hold at lows, gas station stocks such as CST Brands and Murphy USA may be the best way to play the energy sector, analysts said.
Thai Union Frozen Products agreed to buy Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions.