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Wal-Mart Stores Inc

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  • 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.

  • Ikea makes push for growth Monday, 20 Oct 2014 | 2:50 PM ET

    The CEO of Ikea Group, the world's largest furniture chain, is pushing for sales growth, while making its ready-to-assemble furniture more accessible to customers increasingly looking for more convenience. "Customers still would like to sit in the sofa and feel how comfortable it is," Peter Agnefjail, Ikea's president and CEO told The Associated Press in a phone...

  • Midday Glance: Big-box Retail companies Monday, 20 Oct 2014 | 1:23 PM ET

    NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose $2.69 or 2.2 percent, to $127.34. Wal-Mart Stores Inc. rose$. 74 or 1.0 percent, to $74.84.

  • Early Glance: Big-box Retail companies Monday, 20 Oct 2014 | 10:40 AM ET

    NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose $1.59 or 1.3 percent, to $126.24. Wal-Mart Stores Inc. rose$. 37 or. 5 percent, to $74.47.

  • *Carrefour 5 pct dearer than Lidl vs 20 pct premium in UK- LEK. PARIS/ BERLIN, Oct 20- The success of French retailers in stopping the advance of discounters in the last five years shows a way out of the crisis embroiling Britain's "big four" grocers. In Britain, Tesco, Wal-Mart's Asda, Sainsbury and Morrison are all losing shoppers to discounters Aldi and Lidl, which have...

  • Sears plans to raise more cash via rights offering Monday, 20 Oct 2014 | 8:20 AM ET

    HOFFMAN ESTATES, Ill.— Sears is looking to raise more cash, announcing that it is planning a rights offering that may raise up to $625 million. The company, which runs Kmart and its namesake stores, also said Monday that it struck a leasing deal with European fashion retailer Primark. Chairman and CEO Edward Lampert combined Sears and Kmart in 2005 about two years...

  • Data analytics company Workiva files for IPO Friday, 17 Oct 2014 | 6:11 PM ET

    Morgan Stanley and Credit Suisse are among the major underwriters for the offering, the company said in a regulatory filing on Friday. The company had more than 2,100 enterprise customers as of Sept. 30, including JPMorgan Chase& Co, Philip Morris International, Boeing Co and Wal-Mart Stores Inc. The Ames, Iowa- based company's net loss widened to $28.4 million in...

  • Final Glance: Big-box Retail companies Friday, 17 Oct 2014 | 6:03 PM ET

    Costco Wholesale Corp. rose $1.70 or 1.4 percent, to $124.65. Target fell$. 37 or. 6 percent, to $59.07. Wal-Mart Stores Inc. rose$. 28 or. 4 percent, to $74.10.

  • MEXICO CITY/ MONTERREY Oct 17- Mexico's biggest retailer, Wal-Mart de Mexico, on Friday said Chief Executive Scot Rank would step down after five years and that the head of Wal-Mart Latin America would take on a bigger role in the Mexico and Central America business. The change in leadership comes almost two years after a New York Times investigation that alleged...

  • MEXICO CITY, Oct 17- Mexico's biggest retailer, Wal-Mart de Mexico, on Friday said third-quarter profit fell 8 percent, as costs rose and outpaced sales and said Chief Executive Officer Scot Rank was moving on to a different regional role. The company, known locally as Walmex, reported profit of 4.871 billion pesos for the period from July to September, down from...

  • Obama's executive order comes after many large companies including Target, JPMorgan and Home Depot have suffered high-profile cybersecurity breaches. The White House said that Home Depot, Target, Walgreen and Wal-Mart Stores will roll out secure chip and PIN-compatible card terminals in all their stores, most by January. In addition, American Express plans...

  • Midday Glance: Big-box Retail companies Friday, 17 Oct 2014 | 1:21 PM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose $2.02 or 1.6 percent, to $124.97. Wal-Mart Stores Inc. rose$. 33 or. 4 percent, to $74.15.

  • "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...

  • President Barack Obama planned to sign an executive order on Friday to implement enhanced security measures for federal payments, including microchips and PIN numbers for ATM cards. In remarks to the Consumer Financial Protection Bureau, Obama will announce steps that apply to the federal government that he hopes will help lead the private sector to take...

  • Early Glance: Big-box Retail companies Friday, 17 Oct 2014 | 10:39 AM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. rose $1.05 or. 9 percent, to $124.00. Wal-Mart Stores Inc. fell$. 70 or. 9 percent, to $73.13.

  • New Tesco boss Dave Lewis must look at selling assets in Britain and abroad.

  • Final Glance: Big-box Retail companies Thursday, 16 Oct 2014 | 6:02 PM ET

    Costco Wholesale Corp. fell $1.35 or 1.1 percent, to $122.95. Target fell$. 54 or. 9 percent, to $59.44. Wal-Mart Stores Inc. fell $1.38 or 1.8 percent, to $73.82.

  • Thanksgiving wars: Macy's to open at 6 pm Thursday, 16 Oct 2014 | 2:48 PM ET
    People enter Macy's Herald Square as the store opens its doors at 8 pm Thanksgiving day on November 28, 2013 in New York City.

    Macy's will open the doors to its full-line department stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year.

  • Darden returns former director Simon to board Thursday, 16 Oct 2014 | 2:31 PM ET

    NEW YORK— Darden Restaurants, the parent company of the Olive Garden, said Thursday that former Wal-Mart executive Bill Simon is returning to its board of directors. Starboard had criticized Darden's management on a variety of issues ranging from the sale of its Red Lobster chain to the operations at Olive Garden, which has continued to struggle.