Amazon to open an office in China's Shanghai free trade zone, state media says, allowing the firm to sell a wider range of products in the country.» Read More
Costco Wholesale Corp. rose$. 30 or. 2 percent, to $120.91. Target rose $1.08 or 1.8 percent, to $60.33. Wal-Mart Stores Inc. rose$. 08 or. 1 percent, to $74.96.
NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose$. 26 or. 2 percent, to $120.87. Wal-Mart Stores Inc. fell$. 08 or. 1 percent, to $74.80.
Aug 20- Lowe's Cos Inc, the No. 2 U.S. home improvement products retailer, echoed larger rival Home Depot Inc in anticipating higher spending on renovations in the second half of the year as the U.S. housing market showed signs of a recovery.
NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. fell$. 03 or percent, to $120.58. Wal-Mart Stores Inc. fell$. 10 or. 1 percent, to $74.78.
Aug 20- Target Corp cut its full-year earnings forecast as it offers more discounts to attract cash-strapped customers and win over shoppers unnerved by a massive holiday-season data breach. Target's shares rose 1 percent to $59.81 in noon trading.
Aug 20- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink, toner and paper in North America amid stiff competition from online retailers and big-box chains.
Aug 20- Staples Inc reported better-than-expected quarterly profit and sales, driven by strong demand for non-core office supplies, such as furniture and breakroom items, from companies in North America.
Aug 20- Target Corp reported a 62 percent drop in second-quarter profit and cut its full-year earnings forecast as it resorts to price cuts to attract cash-strapped consumers and win over shoppers unnerved by a massive holiday-season data breach.
Aug 20- Struggling department store chain Sears Canada Inc reported its ninth loss in 14 quarters as sales continued to decline. Hedge fund billionaire Eddie Lampert and his Sears Holdings Corp said in May they were looking to sell their 51 percent stake in Sears Canada.
NEW YORK— Target Corp. slashed its annual profit outlook as the discounter continues to reel from costs related to a massive data breach, a botched expansion in Canada and sluggish sales in the U.S. Excluding expenses related to the data breach, the results were a penny short of Target's reduced estimate issued earlier this month.
Aug 20- Staples Inc warned that its sales could fall in the current quarter as it sells fewer computers and core office supplies such as ink and toner in North America amid stiff competition from online retailers and big-box chains.
If any sector requires the dexterity of a gunslinger, it’s retail. Before you pull the trigger, Cramer has thoughts on where you might aim.
Costco Wholesale Corp. rose $1.15 or 1.0 percent, to $120.61. Target rose$. 70 or 1.2 percent, to $59.25. Wal-Mart Stores Inc. rose$. 39 or. 5 percent, to $74.88.
3. Afterlight, Afterlight Collective, Inc. 4. Sleep Cycle alarm clock, Northcube AB. 8. Buddyman: Kick 2, Crazylion Studios Limited.
Aug 19- GameStop Corp, the world's largest retailer of videogame products, said Chief Executive Paul Raines underwent an unexpected surgery last week for a small cancerous brain tumor. GameStop also said the six-week treatment period will not interfere with Raines' "continued leadership" of the company.
WASHINGTON— Much of U.S. manufacturing has been decimated in the past decade by less expensive imports from China, but it didn't necessarily have to be that way, according to a compelling new book by journalist Beth Macy.
With triumphs inevitably comes scrutiny, and Google is the recipient of plenty. Here are five risks the company faces over the next 10 years.
Sprawled in ads on a bed of kale, British fashion darling Alexa Chung is the face of Nailkale, a new line of 12 nail shades from London- based Nails Inc. They just launched in the U.K. and will hit U.S. shelves in late August. Nails Inc. founder Thea Green was inspired by a couple of trips to New York City last year.
WASHINGTON— Brita is recalling approximately 242,500 children's water filter bottles due to a possible laceration hazard. The company said Tuesday that the lid of the hard-sided bottles can break into pieces with sharp points. Brita has received 35 reports of lids breaking or cracking.
CINCINNATI— An attorney for the family of a man fatally shot by police at a Wal-Mart store said Tuesday that surveillance video of the shooting shows it was unjustified, and the state's top lawman said a special grand jury will begin considering whether charges are appropriate against the officers.