| Apr 30, 2013
| 10:10 AM
Blackstone Group, the New York-based private equity group, announced Tuesday it would hire 50,000 military veterans over the next five years across its various businesses.
The company said it is partnering with the White House, which is leading an...
| May 9, 2013
| 7:51 AM
Teens and bargain hunters propelled retail sales in April, but couldn’t save the industry from the dampening effects of chilly weather and continuing economic worries.
A monthly measure of same-store sales rose 3.7% last month, according to...
| May 22, 2013
| 8:22 AM
Target Corp., like many other retail rivals, was laid low in its first fiscal quarter by cold spring temperatures that discouraged seasonal shopping and caused the chain to underperform by even its own metrics.
The Minneapolis company said sales at...
| Jun 6, 2013
| 8:17 AM
Retail sales in May had their best month since January, as warmer weather and a stock market rally drew out shoppers who had spent March and April cooped up indoors.
Same-store sales across the board rose an estimated 3.9%, slightly beating expectations...
| Oct 24, 2013
| 6:11 PM
Safeway Inc. shares have climbed for two straight days on speculation of a buyout offer just weeks after the grocery giant deflected another potential takeover.
Buyout rumors erupted this week on reports that private equity firm Cerberus Capital...
| Jul 10, 2013
| 10:05 AM
A group of 17 American retailers, including Wal-Mart Stores Inc., Target Corp. and Macy’s Inc., have signed on to a five-year agreement to help improve safety at garment factories in Bangladesh.
The accord is separate from a legally binding plan...
| Jul 15, 2013
| 5:00 AM
She's an American icon with her own star on the Hollywood Walk of Fame.
But it has been four decades since she had her own prime-time TV show, on which her courage, loyalty and knack for saving the day endeared her to millions of baby boomers.
| Jun 13, 2013
| 5:00 AM
Wild Oats Markets Inc., the closed purveyor of organic and natural foods, is planning a comeback this year, potentially aided by local billionaire Ron Burkle.
The company, which has been out of operation since 2007, now says on its website that it is...
| Aug 14, 2013
| 12:21 PM
It was a stunning moment when open-wheel racing star Juan Pablo Montoya announced in 2006 that he was moving to NASCAR stock-car racing.
Here was a celebrated Colombian who had won the Indianapolis 500 and several races in the international Formula...
| Aug 21, 2013
| 8:01 AM
It’s only August, but retailers such as Wal-Mart and Toys R Us are already getting a jump on what is expected to be a difficult holiday season.
On Wednesday, discount giant Wal-Mart said it would bring back its layaway program this year after last...
| Feb 24, 2014
| 12:49 PM
WASHINGTON -- After a spate of large-scale cyberattacks on large retailers, Atty. Gen. Eric H. Holder Jr. urged Congress to adopt a national standard for notifying consumers of a security breach.
Holder said creating such a law would bolster the Justice...