Retail experts Joseph Feldman and Paul Swinand name their retail winners and losers and give insight on retail's outlook for 2015.» Read More
After FedEx and UPS failed to deliver some presents in time for Christmas last year, the two package carriers improved their performance this holiday season. FedEx delivered more than 99 percent of express packages as promised on Dec. 22 and Dec. 23, according to shipment tracker ShipMatrix. The improved performance comes after delays by FedEx and UPS last year...
NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 22 or. 2 percent, to $143.43. Wal-Mart Stores Inc. rose$. 55 or. 6 percent, to $86.98.
Those are some of the top business stories of 2014, as chosen by business editors at The Associated Press. Others include massive product disasters: A string of auto recalls after faulty ignition switches from General Motors Corp. and air bags in many car models caused injuries and deaths. Janet Yellen became the first woman to head the Federal Reserve and U.S....
NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. fell$. 07 or percent, to $143.58. Wal-Mart Stores Inc. rose$. 58 or. 7 percent, to $87.01.
U.S. stock futures were higher on the last day of the shortened trading week after a sixth day of gains for the Dow Jones Industrial Average.
Consumers slacked off on the final holiday shopping days, suggesting traditional retailers will just meet sales forecasts amid deep discounts.
CHICAGO, Dec 24- U.S. consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc.. "The past weekend will not save this holiday season," said Craig Johnson,...
Wal-Mart will begin testing on its new gift card exchange program on Christmas Day.
In the final hours to fulfill your holiday gift lists you might think consumers aren't focused on being socially responsible, but you'd be wrong.
As anyone who's received a drugstore cologne gift set well knows, even Santa Claus gets it wrong sometimes. Hence the throng of customers who flock to shopping malls soon after the holidays to exchange or return less-than-ideal presents. A recent National Retail Federation survey of 60 merchant loss-prevention executives estimated that fraud related to...
Costco Wholesale Corp. fell$. 08 or. 1 percent, to $144.07. Target fell$. 08 or. 1 percent, to $74.61. Wal-Mart Stores Inc. rose$. 27 or. 3 percent, to $86.93.
Some of the names on the move ahead of the open.
NEW YORK— Starting Christmas Day, Wal-Mart is letting customers exchange gift cards from more than 200 retailers, airlines and restaurants for a Wal-Mart card. It's a test program, but if it's successful, Wal-Mart Stores Inc. said the card swap could become a permanent service. Wal-Mart spokesman Ravi Jariwala said the chain doesn't have specific metrics to...
Minimum wage hikes across the US will prompt Wal-Mart Stores to adjust base salaries at 1,434 stores, impacting about a third of its U.S. locations.
Costco Wholesale Corp. rose$. 94 or. 7 percent, to $144.15. Target rose$. 19 or. 3 percent, to $74.69. Wal-Mart Stores Inc. rose$. 28 or. 3 percent, to $86.66.
NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose $1.68 or 1.2 percent, to $144.89. Wal-Mart Stores Inc. rose$. 67 or. 8 percent, to $87.05.
Barnes& Noble said Tuesday it bought Pearson Inc.' s stake in Nook for about $27.7 million in cash and stock. Barnes& Noble paid Pearson $13.8 million in cash and about 603,000 shares of its own stock, which closed at $23.12 on Monday. Earlier this month Barnes& Noble agreed to buy back Microsoft Corp.' s stake in Nook for $125 million.
They were sold for about $100 online and at retailers across the country, including Kmart, Kohl's, Target and Walmart. The brewers are made by Keurig Green Mountain Inc., based in Waterbury, Vermont. The company's shares fell $3.08, or 2.2 percent, to $136.70 in afternoon trading Tuesday.
Wang Jianlin built Dalian Wanda with a mix of political instincts and discipline, navigating the country's government-led business environment.
Costco Wholesale Corp. rose $1.44 or 1.0 percent, to $143.21. Target rose$. 55 or. 7 percent, to $74.50. Wal-Mart Stores Inc. rose $1.22 or 1.4 percent, to $86.38.