It wasn't long ago that Amazon was considered to be the death knell for Best Buy's business. That's no longer the case. » Read More
McDonald's may finally have a buyer for its 2,800 restaurants in China, Hong Kong and South Korea.
Target will focus on technologies that enhance customers' store experience and on other digital efforts, Chief Information Officer Mike McNamara said.
Traffic at outlet centers has started to rebound.
Student debt obligations require an estimated $160 billion in annual payments.
Down N' Out, a restaurant in Sydney, Australia, run by a group called Hashtag Burgers, has created three Pokemon-inspired burgers.
Working on your tan? So is KFC. Today the fried chicken chain releases Extra Crispy, a new sunscreen that smells like fried chicken, Eater reports.
Foot Locker reported an acceleration in sales from the first quarter.
Cosmetics maker Estee Lauder reported a smaller-than-expected rise in quarterly sales and disappointing guidance.
Retailers' bullish comments about back-to-school are adding to budding optimism that the sector is due for a modest recovery.
"Our customers like what they're seeing in the stores," Wal-Mart CFO Brett Biggs said.
Same-store sales in Wal-Mart's U.S. division grew 1.6 percent, an acceleration from the first quarter's 1 percent lift.
Shares of L Brands are trading higher Thursday after the retailer beat analysts' expectations a day earlier.
Best Buy's sales event comes roughly one month after Amazon's Prime Day.
"It's going to take awhile for Target to turn this around," one analyst told CNBC.
Shares of Urban Outfitters surged more than 15 percent Wednesday after the company's sales and earnings outpaced Wall Street estimates.
Citing a "difficult" retail environment, Target lowers its guidance for the full year.
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