Alibaba founder Jack Ma has touted the e-commerce giant as a path for U.S. companies to access the consumer market in China. Small business owners share their experiences.» Read More
NEW YORK— Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell$. 43 or. 3 percent, to $126.00. Wal-Mart Stores Inc. fell$. 29 or. 4 percent, to $76.03.
Yowie Group said on Wednesday that Wal-Mart Stores Inc, the world's largest retailer, will trial its "Yowie" chocolates across 50 stores in Texas. Shares in Yowie Group jumped as much as 18.5 percent after the company announced the tie-up with Wal-Mart. Yowie Group is based in Perth in western Australia.
Magnit sells local produce, has a CEO who meets with investors, and targets ordinary Russians. Fund investor concerns about Russia have led to some selling of Magnit lately, and fund managers warn that small investors might find the risks of investing in Magnit too big.
Costco Wholesale Corp. rose$. 72 or. 6 percent, to $126.43. Target rose$. 65 or 1.0 percent, to $62.86. Wal-Mart Stores Inc. rose$. 51 or. 7 percent, to $76.32.
NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose$. 74 or. 6 percent, to $126.45. Wal-Mart Stores Inc. rose$. 66 or. 9 percent, to $76.47.
ALBANY, N.Y.— New York's attorney general has settled an investigation into false price advertising for Coca-Cola 12- packs by Wal-Mart at 117 stores statewide. The attorney general's office says the retail chain launched a national Father's Day sale in June advertising the 12- packs for $3, but New York consumers were routinely charged $3.50.
NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 63 or. 5 percent, to $126.34. Wal-Mart Stores Inc. rose$. 36 or. 5 percent, to $76.17.
NEW YORK— Sears is taking out a $400 million secured short-term loan from a hedge fund run by CEO Edward Lampert. The Hoffman Estates, Illinois, company, which runs Sears and Kmart stores, said in a regulatory filing that the loan is from entities affiliated with Lampert's ESL Investments Inc..
Some of the names on the move ahead of the open.
NEW YORK— The stock market rose Tuesday as investors waited to find out when the Federal Reserve might raise interest rates. "The economy continues to improve in the U.S., and there's still an accommodative Fed," said Brad Sorensen, director of market and sector research at the Schwab Center for Financial Research.
Sept 15- Wal-Mart Stores Inc's Chief Spokesman David Tovar resigned after the company allegedly found that he had lied about his academic record in his resume, Bloomberg reported, citing a person familiar with the matter.
Costco Wholesale Corp. rose$. 34 or. 3 percent, to $125.71. Target fell$. 32 or. 5 percent, to $62.21. Wal-Mart Stores Inc. rose$. 04 or. 1 percent, to $75.81.
After Urban Outfitters's apparently faux-bloody Kent State sweatshirt, Carole Roth draws the line between humor and bad taste.
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 $5.6 million.
NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose$. 41 or. 3 percent, to $125.78. Wal-Mart Stores Inc. fell$. 08 or. 1 percent, to $75.69.
NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. rose$. 31 or. 2 percent, to $125.68. Wal-Mart Stores Inc. fell$. 04 or. 1 percent, to $75.73.
The tech giant will make 15 cents of every $100 spent, or 0.15 percent, using Apple Pay, sources said. The FT reports.
The service, which will work both with iPhones and Apple's new Watch, is backed by a host of big retailers, along with most major banks and credit card issuers, including Visa, MasterCard and American Express. Starbucks, McDonald's, PayPal, Google and Square offer their own services, but only a small portion of customers use them.
Underperformance in this stock may be nearing an end. Cramer thinks it belongs on your radar.
RadioShack is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP it tries to avert bankruptcy.