| 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 16, 2013
| 8:49 AM
Wal-Mart Stores Inc. reported slight upticks in revenue and profit in its first quarter, but the retail behemoth still missed Wall Street’s expectations and watched its stock suffer in morning trading.
The Bentonville, Ark., mega-chain blamed...
| Oct 23, 2013
| 2:37 PM
99 Cents Only Stores Inc. has laid off about 160 workers as the company sought to streamline costs and stay competitive.
No stores will be closed and no employers or managers at any of the chain's 332 stores were affected in Tuesday's move, according to...
| 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...
| May 28, 2013
| 4:05 PM
Wal-Mart Stores Inc. admitted to improperly handling and disposing of hazardous materials at its stores nationwide, pleading guilty Tuesday to several federal criminal and civil counts and agreeing to pay more than $81 million.
The accusations against...
| May 31, 2013
| 7:27 PM
For years, politicians and labor unions have pilloried Wal-Mart and other large employers for paying workers so little that many qualify for government health insurance at taxpayers' expense.
Now critics fear the public will get stuck with an even...
| Jun 3, 2013
| 8:29 AM
Wal-Mart Stores Inc., the world’s largest produce seller, is trying to keep pace with rival grocery stores by freshening up its selection of fruits and vegetables.
On Monday, the Bentonville, Ark., mega-retailer unveiled a new initiative to...
| 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...
| Nov 1, 2013
| 9:49 AM
Most Halloween candy is still sitting uneaten in pillowcases, but retailers such as Wal-Mart Stores Inc. are already kicking off their Christmas promotions in hopes of surviving harsh holiday conditions this year.
Bargain basement deals normally...
| Nov 1, 2013
| 6:48 PM
U.S. food retailers are poised to take a hit as the federal government reduces its $78 billion-a-year food stamp program.
Grocery stores and other food retailers have struggled in recent years as consumers battered by high unemployment and shrinking...
| 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...