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  • Midday Glance: Big-box Retail companies Thursday, 15 Jan 2015 | 1:59 PM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 25 or. 2 percent, to $139.06. Wal-Mart Stores Inc. rose$. 43 or. 5 percent, to $87.04.

  • Target workers, shoppers, dismayed at Canada pullout Thursday, 15 Jan 2015 | 1:57 PM ET

    TORONTO, Jan 15- Employees at Target Corp stores in Canada said they were stunned by the U.S. retailer's decision on Thursday to pull out of Canada, believing business had improved after an admittedly disastrous launch less than two years ago. I thought it was getting better, "said one Toronto Target employee who would only give her first name, Lima, for fear of...

  • Target to shut down in Canada, sees $5.4B loss Thursday, 15 Jan 2015 | 12:31 PM ET
    A Target store in Toronto last November.

    Target Corp said Thursday it would shut down its Canadian operations, ending long-term speculation over the viability of the struggling business.

  • UPDATE 3-In surprise move, Target to pull out of Canada Thursday, 15 Jan 2015 | 12:18 PM ET

    TORONTO, Jan 15- Target Corp will abandon its ill-fated expansion into Canada less than two years after launch, the U.S. discount retailer said on Thursday, in a surprise retreat that will put more than 17,000 employees out of work and cost it billions. Minneapolis- based Target, the No. 2 discount chain in the United States, has struggled in Canada since its 2013...

  • Target's post-Canada wish list: Stores, mannequins Thursday, 15 Jan 2015 | 11:43 AM ET
    A woman pushes a shopping cart as she leaves a Target Corp. store in Toronto, Ontario, Canada, on Thursday, Jan. 15, 2015. Target Corp. will walk away from Canada less than two years after opening stores there, putting an end to a mismanaged expansion that racked up billions in losses.

    While the Canada pullout will initially cost Target, it should deliver a long-term benefit to the company's U.S. business.

  • Early Glance: Big-box Retail companies Thursday, 15 Jan 2015 | 11:00 AM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. fell$. 64 or. 5 percent, to $138.67. Wal-Mart Stores Inc. rose$. 39 or. 5 percent, to $87.00.

  • UPDATE 2-In surprise move, Target to pull out of Canada Thursday, 15 Jan 2015 | 10:23 AM ET

    TORONTO, Jan 15- Target Corp will abandon its ill-fated expansion into Canada less than two years after its launch, the U.S. discount retailer said on Thursday in a surprise full retreat that will put more than 17,000 employees out of work and cost the company billions in writedowns. Target's shares rose 3 percent in midmorning trading after the company said it...

  • TORONTO, Jan 15- Target Corp said on Thursday it will cease operations in Canada and has filed for creditor protection for its Canadian subsidiary in a surprise move that could put its 17,600 employees in the country out of work. Huge supply chain problems left stores thinly stocked, disappointing shoppers who had eagerly anticipated the retailer's move into...

  • MINNEAPOLIS— Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,000 employees. And Wal-Mart Stores Inc., already the biggest retailer in Canada, cut prices to fend off Target. Other retailers have had similar problems in Canada.

  • Final Glance: Big-box Retail companies Wednesday, 14 Jan 2015 | 6:07 PM ET

    Costco Wholesale Corp. fell $1.78 or 1.3 percent, to $139.31. Target fell $1.62 or 2.1 percent, to $74.33. Wal-Mart Stores Inc. fell $2.70 or 3.0 percent, to $86.61.

  • NEW YORK, Jan 14- Surging U.S. stock-market volatility ahead of the earnings season is leading traders to lock in some gains in some big-cap companies that recently hit all-time highs, strategists said on Wednesday. Investors have grown worried about weak global growth and falling commodities prices, and drops in the S&P 500 stock index reflect that concern.

  • Midday Glance: Big-box Retail companies Wednesday, 14 Jan 2015 | 1:43 PM ET

    NEW YORK— Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell $2.36 or 1.7 percent, to $138.73. Wal-Mart Stores Inc. fell $2.43 or 2.7 percent, to $86.88.

  • Early Glance: Big-box Retail companies Wednesday, 14 Jan 2015 | 10:41 AM ET

    NEW YORK— Shares of some top big-box retail companies are down at 10 a.m.:. Costco Wholesale Corp. fell $1.02 or. 7 percent, to $140.07. Wal-Mart Stores Inc. fell $1.01 or 1.1 percent, to $88.30.

  • Holiday shopping hiccup: US retail sales fell in December Wednesday, 14 Jan 2015 | 8:33 AM ET

    WASHINGTON— With the job market on a roll and gas prices falling, consumers are spending away, right? Americans actually cut back last month after ramping up spending in November, perplexing analysts who had expected strong retail sales in December in light of rising job growth and sinking gas prices. Sales fell a seasonally adjusted 0.9 percent from November to...

  • Final Glance: Big-box Retail companies Tuesday, 13 Jan 2015 | 6:15 PM ET

    Costco Wholesale Corp. fell $1.43 or 1.0 percent, to $141.09. Target fell$. 68 or. 9 percent, to $75.95. Wal-Mart Stores Inc. fell$. 71 or. 8 percent, to $89.31.

  • Midday Glance: Big-box Retail companies Tuesday, 13 Jan 2015 | 1:17 PM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose$. 28 or. 2 percent, to $142.80. Wal-Mart Stores Inc. rose$. 28 or. 3 percent, to $90.30.

  • Amazon is tricking you with its pricing strategy Tuesday, 13 Jan 2015 | 1:07 PM ET

    A study reveals that Amazon’s pricing strategy is much more nuanced than simply undercutting the competition, Re/code reports.

  • Early Glance: Big-box Retail companies Tuesday, 13 Jan 2015 | 10:42 AM ET

    NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose $1.36 or 1.0 percent, to $143.88. Wal-Mart Stores Inc. rose$. 70 or. 8 percent, to $90.72.

  • Milk is now cheaper than water in the UK Tuesday, 13 Jan 2015 | 6:00 AM ET

    An escalating price war between the U.K.'s largest supermarkets means that the price of milk is now cheaper than bottled water, research shows.

  • *Andrew Higginson to become chairman on Jan. 22. LONDON, Jan 13- The intense pressure in Britain's supermarket sector claimed its first scalp of the year on Tuesday with the departure of Morrisons chief executive Dalton Philips following a plunge in Christmas sales from Britain's No. 4 grocer. The firm, which has been slow to expand into stronger parts of the market...