Visa Checkout is the latest effort to make the company relevant in a world of digital payments, reports Re/code.» Read More
Staples forecast a decline in sales in the current quarter as it struggles to win back shoppers who have shifted office supply purchases to e-retailers, mass merchants and drugstores.
U.S. stock index futures moved between small gains and losses Tuesday, ahead of several retail first-quarter earnings reports.
May 20- Staples Inc forecast a decline in sales in the current quarter as it struggles to win back shoppers who have shifted office supply purchases to e-retailers, mass merchants and drugstores.
May 20- Office supply retailer Staples Inc reported a 44 percent fall in quarterly profit, hurt by a stronger U.S. dollar and store closures. The company's net income fell to $96 million, or 15 cents per share, in the first quarter ended May 3 from $170 million, or 26 cents per share, a year earlier.
Stocks are likely to take their cue from the bond market, as traders worry low yields are a warning the economy isn't springing back.
Jim Cramer believes there’s always opportunity in the market. You just have to know where to look! Here’s what’s on his calendar.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Uniqlo recently announced a wave of planned openings that will nearly double its presence to 38 locations by the end of the year.
Apple has cut in half the time it takes to give refunds to online store customers who want to return their iPhones and other gadgets.
SAN FRANCISCO, May 12- Apple Inc has cut in half the time it takes to give refunds to online store customers who want to return their iPhones and other gadgets, a small but crucial step to try to get more people to buy direct from its website.
Same-day delivery is the latest battleground between retailers fighting to compete with Amazon's swelling influence. CNBC puts Amazon and Google Shopping Express to the test.
May 6- Office Depot Inc said it would close at least 400 stores in the United States over two years as it looks to consolidate operations after acquiring OfficeMax, and the company raised its forecast for full-year adjusted operating income.
May 6- Office Depot Inc raised its forecast for full-year adjusted operating income and said it would close at least 400 stores in the United States over two years, sending the office supply retailer's shares up about 10 percent before the bell. Office Depot had 1,900 U.S. stores as of March 29.
These companies have been shrinking either due to dropping demand, evaporating pricing power or by reducing their size.
Investors are unwinding leverage somewhat, yet most remain committed to the stock market amid talk of a new rotation.
NEW YORK/ SAN FRANCISCO, April 2- Amazon.com Inc made a play for the increasingly crowded home entertainment arena by unveiling the $99 "Fire TV" video and game streaming device on Wednesday, with hopes of boosting its main online retail business over the longer term.
Retailers are eyeing shopping mall vacancies to house spinoff concepts, as they search for ways to grow sales organically.
Some of the names on the move ahead of the open.
BOSTON, March 16- Bargain store chains are flooding into North American malls and shopping centers like never before, upstaging old mainstays like J.C. Penney and Sears that are reeling from the one-two punch of an ailing economy and competition from online stores.
Discussing Staples' decision to close 225 stores by 2015, and business competition with Amazon, with Thomas Stemberg, Staples co-founder and former CEO.