CNBC's Courtney Reagan reports the best online sales day ever on Cyber Monday for Wal-Mart. Thanksgiving to Cyber Monday was the highest 5-day stretch in online sales in company history.» Read More
*Cuts full-year earnings/share view to $1.46- $1.51 vs est $1.61. Dec 4- Apparel retailer Express Inc joined other U.S. retailers in forecasting a weaker-than-expected holiday quarter due to muted Thanksgiving sales and a highly promotional environment.
WASHINGTON, Dec 4- Wal-Mart Stores Inc is paying for lawyers to represent more than 30 of its executives involved in a foreign corruption investigation, according to people familiar with the matter, an unusually high number that shows the depth of the federal probe.
Dec 3- U.S. retailers rolled out holiday promotions earlier in November this year, denting sales growth over the Thanksgiving weekend that typically marks the beginning of the holiday spending period, according to data released Tuesday by ShopperTrak.
NEW YORK, Dec 3- Wal-Mart Stores Inc is sticking with Bank of America's Merrill Lynch unit to run its 401 program with $18 billion in assets, Wal-Mart confirmed on Tuesday. The average Wal-Mart employee has about $18,000 in their retirement account, according to BrightScope, which tracks and rates retirement plans.
Dec 3- U.S. retailers rolled out holiday promotions earlier in November this year, denting sales growth over the Thanksgiving weekend that typically marks the beginning of the holiday spending period, according to data released on Tuesday by ShopperTrak.
MONTGOMERY, Ala.-- Alabama's health insurance program for education employees is looking at a $220 million shortfall in funding for the next fiscal year, which may have to be made up by requiring many participants to pay more.
*Tencent breaks into China top three in WPP survey. BEIJING, Dec 3- Internet services company Tencent Holdings Ltd has grown so rapidly it's now China's most valuable listed technology brand, with a value even closing in on that of Wal-Mart Stores Inc, a report published on Tuesday shows.
NEW YORK, Dec 2- U.S. online sales are expected to hit $2 billion on "Cyber Monday," for the first time since the data firm comScore began tracking such information.
This is your one stop guide to #CyberMonday's discounted hats, shirts, glassware, home-brew supplies and other beer specials.
Wal-Mart Stores Inc, Target Corp, Toys R Us, Macy's Inc, J.C. Penney Co Inc and Best Buy Co Inc were among the brick-and-mortar chains that started their online deals early. "All of them are behind Amazon, but some are starting to catch up," said Edward Jones analyst Brian Yarbrough.
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.
Initial readings from Black Friday and Cyber Monday look very strong for Apple. And that has some traders feeling bullish.
Black Friday retail sales may have been more sizzle than steak. Traffic was up, but spending was down.
Some of the names on the move ahead of the open.
NEW YORK, Dec 1- Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent almost 3 percent less than they did a year earlier, according to data released Sunday by an industry group.
NEW YORK, Dec 1- Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent less than they did a year earlier, according to data released Sunday by an industry group.
The post-Thanksgiving shopping rush in the U.S. was marred by violence, with a shopper shot in the leg over a TV and Walmart evacuated.
A look at the early winners and losers from the heavily discounted Thanksgiving Day and Black Friday weekend.
Sales that began Thursday continued through Friday. Many people complained about the early start, but still they went out shopping anyway.
Stay up late or sleep in? More Black Friday shoppers abandon early morning hours in favor of sleep.