The positive holiday hiring predictions aren't just good news for the retail industry; they have implications for the overall economy.» Read More
Sept 23- Data breach at home improvement retailer Home Depot Inc has led to fraudulent transactions across the United States, draining cash from customer bank accounts, the Wall Street Journal said.
MINNEAPOLIS— Amazon.com Inc. will begin to collect sales taxes from Minnesota customers next week, indicating the online retailer is expanding in the state, according to experts. Amazon may be starting a local operation that requires it to do so in accordance with a state law passed in July 2013, the Star Tribune reported.
NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 55 or. 4 percent, to $125.28. Wal-Mart Stores Inc. fell$. 71 or. 9 percent, to $75.60.
Home Depot said Thursday that malicious software lurking in its check-out terminals between April and September affected 56 million debit and credit cards that customers swiped at its stores. The Department of Homeland Security Department warned last month that more than 1,000 retailers could have malware in their cash-register computers.
The risks were clear to computer experts inside Home Depot: The chain, they warned for years, might be easy prey for hackers. NYT reports.
Jim Cramer has a message for executives at Staples. He has a plan that could do wonders for the company.
Target will hire 70,000 seasonal workers this holiday, Wal-Mart 60,000 and J.C. Penney 35,000.
BOSTON/ CHICAGO, Sept 18- Home Depot Inc Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year's unprecedented breach at Target Corp..
Costco Wholesale Corp. rose$. 47 or. 4 percent, to $126.48. Target rose $1.06 or 1.7 percent, to $63.93. Wal-Mart Stores Inc. fell$. 02 or percent, to $76.22.
NEW YORK— Home Depot said Thursday that a data breach that lasted for months at its stores in the U.S. and Canada affected 56 million debit and credit cards, far more than a pre-Christmas 2013 attack on Target customers.
NEW YORK— UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.. One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season.
Some of the names on the move ahead of the open.
Costco Wholesale Corp. fell$. 42 or. 3 percent, to $126.01. Target rose$. 01 or percent, to $62.87. Wal-Mart Stores Inc. fell$. 08 or. 1 percent, to $76.24.
NEW YORK, Sept 17- JPMorgan Chase& Co is replacing some credit and debit cards following the security breach at Home Depot Inc, a company spokesman said. JPMorgan spokesman Paul Hartwick could not immediately say how many cards are likely to be replaced.
NEW YORK, Sept 17- JPMorgan Chase& Co is replacing some credit and debit cards following the security breach at Home Depot Inc, according to a company spokesman. JPMorgan spokesman Paul Hartwick could not immediately say how many cards are likely to be replaced.
Home Depot's consumer perception fell to a two-year low following the retailer's announcement that it suffered a data breach.
Kohl's will hire more than 67,000 workers for the holidays, yet another sign it's turning things around, says CNBC's Jim Cramer.
NEW YORK— Pet food maker FreshPet on Monday filed for an initial public offering valued at up to $100 million. FreshPet's fridges are located in about 12,600 retail stores, including Wal-Mart, PetCo, PetSmart, Target, and Kroger. The Secaucus, New Jersey, company reported $39.7 million in revenue in the first half of 2014 and recorded a loss of $5.6 million.
The "Fast Money" traders share their top picks for stocks that are now poised for a comeback.
Since U2 stunned the music world by delivering a surprise album at Apple's iPhone 6 unveiling and making it available to a half-billion iTunes users for free, they've gotten an avalanche of publicity.