| Feb 19, 2015
| 5:46 PM
Wal-Mart's advertising slogan is "Save money, live better," but for years the world's largest retailer has been criticized for not paying its workers enough to do that.
Now, facing rising minimum wages in California and other states, competition for...
| Feb 13, 2015
| 9:35 PM
NEW YORK — Costco Wholesale Corp., acknowledging its split with American Express Co., said Friday that it is close to reaching a deal with a new credit card company for exclusive rights to serve the giant retailer's customers.
Costco should be...
| Jan 20, 2015
| 12:21 PM
Activist investor Starboard Value LP has written a letter to Staples' CEO, urging a merger with Boca Raton-based Office Depot.
The investor has about a 10 percent stake in Office Depot and about 5 percent in Staples, both office-supply retailers....
| Jan 20, 2015
| 12:11 PM
The U.S. Supreme Court declined to hear an appeal by retailers seeking to force the Federal Reserve to impose lower fees on the more than $1.4 trillion in debit card transactions processed by Visa and MasterCard and big banks.
The court's denial, made...
| Dec 26, 2014
| 5:00 AM
A supermarket David is gulping down a Goliath.
Next spring, Southern California shoppers will see a new name replacing some of their old grocery standbys: Haggen Inc.
The tiny Pacific Northwest chain is buying 146 Vons, Pavilions, Albertsons and...
| Oct 31, 2014
| 4:00 AM
Twenty years ago, one of the first callers to Jerry Brown's radio show, "We the People," asked whether campaign money had influenced him as governor in the 1970s and '80s.
"You bet I was influenced," he said. "You think you can collect $10 million or...
| Oct 15, 2014
| 8:15 PM
Wal-Mart Stores Inc plans to improve opportunities for its employees so that in the future there will no longer be a few thousand workers on its payroll making minimum wage, the chief executive of the world's top retailer said on Wednesday.
The act of...
| Nov 4, 2014
| 5:00 AM
The turkey-and-gravy window is getting smaller again.
Retailers are stumbling over one another to announce ever-earlier opening times on Thanksgiving as they race to woo Black Friday shoppers with deep discounts during hours usually reserved for...
| Nov 7, 2014
| 7:10 AM
(Reuters) - Struggling retailer Sears Holdings Corp said it was exploring the conversion of 200-300 stores to a real estate investment trust (REIT), which it would offer to shareholders to raise cash.
Sears shares were up 27 percent at $41.39 in...
| Oct 12, 2014
| 9:17 PM
At 135 years and counting, the oil company now known as Chevron Corp. is one of California's oldest survival stories.
Chevron traces its history to 1879 when Pacific Coast Oil Co. was founded. It was bought, in 1900, by the vast industrial empire of the...
| Oct 9, 2014
| 2:25 PM
The line is getting even more blurry between online retailing and physical shopping: Amazon.com, the e-commerce giant that has put fear in the hearts of brick-and-mortar retailers, appears to be going old-school this holiday season and reportedly...