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  • CVS develops tobacco-free prescription network Tuesday, 21 Oct 2014 | 8:54 AM ET

    First, CVS Health pulled tobacco from its store shelves. That payment won't apply to prescriptions filled in the tobacco-free network, which would include CVS and Target locations nationally, as well as other pharmacies that abstain. Target Corp. gave up tobacco sales in 1996..

  • Staples investigating possible data breach Tuesday, 21 Oct 2014 | 7:27 AM ET

    NEW YORK— Staples is looking into a potential credit card data breach and has been in touch with law enforcement officials about the issue. Other breaches have occurred at retailers including Target Corp., Supervalu Inc. and Home Depot Inc.. Shares of Staples Inc., based in Framingham, Massachusetts, slipped 22 cents to $12.08 in premarket trading about 2 ½...

  • A list of merchants taking Apple Pay Tuesday, 21 Oct 2014 | 1:00 AM ET

    Apple said it has worked with several retailers to make sure most of their stores, if not all of them, were ready at Monday's launch: Aeropostale, American Eagle Outfitters, Babies R Us, BJ's Wholesale Club, Bloomingdale's, Champs Sports, Chevron and Texaco retail stores including ExtraMile, Disney Store, Duane Reade, Footaction, Foot Locker, House of Hoops by Foot...

  • Final Glance: Big-box Retail companies Monday, 20 Oct 2014 | 6:05 PM ET

    Costco Wholesale Corp. rose $3.77 or 3.0 percent, to $128.42. Target rose $1.22 or 2.1 percent, to $60.29. Wal-Mart Stores Inc. rose $1.04 or 1.4 percent, to $75.14.

  • Obama's under-used credit card declined in NY Friday, 17 Oct 2014 | 2:16 PM ET

    When his credit card was declined last month while dining in New York, President Barack Obama wondered if he had become a victim of identity theft. Identity theft is a growing problem and an estimated 100 million people have been affected by security breaches in the past year at retailers like Target and Home Depot. Employees at Estela, the New York restaurant...

  • "is calling on all stakeholders... to safeguard consumer finances and reduce their chances of becoming victims of identity theft- America's fastest-growing crime," the White House said in a statement. Home Depot Inc, Target Corp, Walgreen Co and Wal-Mart Stores Inc will be rolling out secure chip and PIN-compatible card terminals in all their stores, most by...

  • Obama announces plan to tighten card security Friday, 17 Oct 2014 | 11:36 AM ET

    WASHINGTON— Saying more must be done to stop data breaches affecting consumers, President Barack Obama announced on Friday a government plan to tighten security for the debit cards that transmit federal benefits like Social Security to millions of Americans. Concern is growing over the security of Americans' financial data, with an estimated 100 million...

  • Final Glance: Big-box Retail companies Wednesday, 15 Oct 2014 | 6:07 PM ET

    Costco Wholesale Corp. fell $1.95 or 1.5 percent, to $124.30. Target fell $1.71 or 2.8 percent, to $59.98. Wal-Mart Stores Inc. fell $2.78 or 3.6 percent, to $75.20.

  • Midday Glance: Big-box Retail companies Wednesday, 15 Oct 2014 | 1:17 PM ET

    Costco Wholesale Corp. fell $2.08 or 1.6 percent, to $124.17. Target fell $1.84 or 3.0 percent, to $59.85. Wal-Mart Stores Inc. fell $1.87 or 2.4 percent, to $76.11.

  • Final Glance: Big-box Retail companies Tuesday, 14 Oct 2014 | 6:03 PM ET

    Costco Wholesale Corp. fell$. 72 or. 6 percent, to $126.25. Target rose $1.25 or 2.1 percent, to $61.69. Wal-Mart Stores Inc. rose$. 42 or. 5 percent, to $77.98.

  • Macy's to open even earlier on Thanksgiving Tuesday, 14 Oct 2014 | 5:20 PM ET

    NEW YORK— Macy's Inc. is opening its stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year, to lure holiday shoppers. The Cincinnati- based department store chain opened on Thanksgiving for the first time last year. Target and Wal-Mart began offering holiday discounts on Thanksgiving night two years ago instead of waiting for the day after, which is...

  • The retailer with the lowest prices is ... Tuesday, 14 Oct 2014 | 3:27 PM ET

    According to a new study by Kantar Retail, Dollar General took the low-price crown for a third year in a row.

  • Midday Glance: Big-box Retail companies Tuesday, 14 Oct 2014 | 1:42 PM ET

    Costco Wholesale Corp. fell $1.01 or. 8 percent, to $125.96. Target rose $1.02 or 1.7 percent, to $61.46. Wal-Mart Stores Inc. rose$. 43 or. 6 percent, to $77.99.

  • Google vs. Amazon: The delivery battle heats up Tuesday, 14 Oct 2014 | 10:37 AM ET

    As it seeks to get a bigger slice of Americans' spending, Google just ramped up the delivery wars by expanding its same-day service.

  • JPMorgan CEO says more to be done on cyberattacks Tuesday, 14 Oct 2014 | 10:07 AM ET

    NEW YORK— JPMorgan Chase's CEO Jamie Dimon says that more coordination between businesses and government is needed to combat the rising threat of cyberattacks. New York- based JPMorgan said earlier this month that a breach of its computer systems this summer compromised customer information pertaining to roughly 76 million households and 7 million small...

  • Business Highlights Monday, 13 Oct 2014 | 6:18 PM ET

    WASHINGTON— Just as their economies had begun to recover from the man-made horror of coups and civil war, the West African nations of Guinea, Liberia and Sierra Leone have been knocked back down by a terrifying force of nature: the Ebola virus. In Conakry, capital of Guinea, stray dogs, goats and sheep are plopping down next to empty stalls in street markets devoid of...

  • Oct 13- J.C. Penney Co Inc named Home Depot Inc executive Marvin Ellison as its new chief on Monday, ending an 18- month search but barely allaying investor concerns over problems facing the money-losing department store chain. Ellison, 49, an industry veteran credited with reviving Home Depot's U.S. business, will join J.C. Penney as a board member in November, and...

  • Oct 13- J.C. Penney Co Inc ended a year long search for a chief executive, naming retail industry veteran Marvin Ellison to replace interim CEO Myron Ullman in August 2015. "With operational execution critical at this point in J.C. Penney's lifespan, Ellison's operational background is needed." J.C. Penney said Ellison would join on Nov. 1 as president and...

  • JC Penney names new president and CEO-designee Monday, 13 Oct 2014 | 9:26 AM ET

    J.C. Penney on Monday appointed Marvin Ellison president and CEO-designee, effective Nov. 1. He will also join the retailer's board of directors.

  • JC Penney's new CEO faces challenges Monday, 13 Oct 2014 | 8:56 AM ET

    NEW YORK— J.C. Penney has named a Home Depot executive as its next CEO. J.C. Penney's shares rose in premarket trading on the news. "The board has completed its search for the right CEO to lead the next stage of JC Penney's growth," said Thomas J. Engibous, chairman of J.C. Penney's board of directors in a statement.