Target, which started its subscription service by offering 150 baby products, is expanding the program tenfold by adding nearly 1,600 items.» Read More
U.S. employers planned to cut payrolls by 45,107 in January, up 47 percent from December, according to outplacement firm Challenger, Gray & Christmas.
Retailers need to do a lot more to defend themselves against future cyberattacks, according to security experts and IT service providers.
*Expects first-quarter revenue $61 mln- $63 mln vs est $60.3 mln. Feb 4- Data analysis software maker Tableau Software Inc forecast better-than-expected current-quarter revenue after reporting quarterly results that handily beat analysts' estimates, sending its shares up 16 percent in extended trading.
"The company also experienced acceleration in large deal sign-ups and new customer signings given that this was the fourth quarter and momentum remains in their favor," Mizuho Securities U.S.A. analyst Abhey Lamba said in a note.
The markets will continue to grapple with emerging market fallout, due to lower liquidity stemming from the Federal Reserve's tapering policy.
Abercrombie announced that it will immediately terminate its shareholder rights plan and make changes to its board of directors.
Get ready for the next era in retail—one that will be characterized by far fewer shops and smaller store footprints.
Some of the names on the move ahead of the open.
The "Fast Money" pros address the top issues of this past week.
The co-founder and former CEO of Staples, Thomas Stemberg, tells CNBC retailers must cut prices to compete with Amazon.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
NEW YORK, Jan 15- J.C. Penney Co Inc said on Wednesday it would close 33 stores and cut 2,000 jobs as part of its efforts to return to profitability. Last week, Macy's Inc said it was eliminating 2,500 jobs.
NEW YORK, Jan 15- J.C. Penney Co Inc said on Wednesday it will close 33 stores and cut 2,000 jobs as part of the struggling retailer's efforts to return to profit. Chief Executive Myron Ullman in a statement called the move an important step that "addresses a strategic priority to improve the profitability of our stores."
TORONTO, Jan 15- Sears Canada Inc plans to cut more than 1,600 jobs this year as it reorganizes and outsources some of its business, the struggling department store operator said on Wednesday.
Experts at this year's retail federation convention had plenty of ideas for what's ailing the sector—and possible solutions.
Mark Cohen, Columbia University professor of marketing, discusses the effect of unprecedented data breach on retail sales and the retail sector. Cohen says there are too many stores and too much inventory and that is problematic for retailers.
BOSTON/ NEW YORK, Jan 13- Target Corp began a major public relations effort on Monday to apologize to customers for an unprecedented cyber attack on its network, but the No. 3 U.S. retailer was vague in providing details about what it knew and when. Target is trying to woo back customers after sales dropped off at the end of the holiday season.
It's been a year of rising stock prices and economic recovery. So why are executives still making cuts and dissing this economy? Retail analyst Brian Sozzi explains.
*December payrolls much lower than expected; weather blamed. *Alcoa slides after results, Sears drops on holiday sales.
Sears' stock is getting crushed after the retailer said it expects a hefty Q4 loss. Michael Santoli, Yahoo! Finance senior columnist, and Mary Gilbert, Imperial Capital managing director, debate if Sears is a buying opportunity for investors.