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Walmart dominated the news after announcing pay raises for employees, only to upstage itself by closing 63 of its Sam's Club stores.
News comes after Walmart announced raising its minimum wage and later acknowledged Sam's Club store closures.
Walmart plans to give out bonuses of up to $1,000 to some of its employees, following the passage of new tax legislation.
Activist investor D.E. Shaw & Co. has built an active stake in U.S. home retailer Lowe's.
Malls have a long road of redevelopment ahead, but some owners say they're optimistic about recent closing announcements.
GameStop stock dropped 11 percent in trading Friday after the company announced it expects impairment charges of between $350 million to $400 million.
In areas with a Lidl store, rival grocers cut prices about 9 percent compared with other markets, a study found.
National Retail Federation attributed growth to consumer confidence and strong employment.
The closure or conversion of 10 percent of Sam's Club locations is a good move for Walmart, says Bill Simon.
The retailer reported a relatively strong holiday season, but financiers may still be too weary.
Both J.P. Morgan and RBC Capital Markets cited Kohl's improving same-store sales in raising their ratings on the apparel department store.
Saks is focusing on the convergence of technology and employees in its stores, Marc Metrick says.
It’s been said that beauty lies in the eyes of the beholder...
U.S. retail sales increased in December as households bought a range of goods and figures for the prior month were revised higher.
Walmart announced that it will use some of its savings under the new tax bill to provide wage increases, bonuses and expanded benefits to its hourly workers.
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