| Dec 11, 2014
| 11:13 AM
Activist investor Starboard Value wants to merge office-supply chains Staples Inc and Office Depot Inc, CNBC reported, citing people familiar with the matter.
Starboard, known for its aggressive shareholder activism, disclosed a 5.1 percent stake in...
| Oct 7, 2014
| 11:13 AM
Retail giant Wal-Mart Stores Inc. is cutting healthcare benefits for roughly 30,000 part-time employees, citing rising costs.
Wal-Mart said Tuesday that it will end coverage for employees who work fewer than 30 hours a week. The decision affects 2% of...
| 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...
| 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...
| Dec 14, 2014
| 2:39 PM
Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion, in the largest leveraged buyout of the year.
At a time...
| Dec 16, 2014
| 2:49 PM
Office Depot's stock has leapt since activist shareholder Starboard Value LP made moves last week aimed at merging the Boca Raton-based retailer and rival Staples.
Starboard disclosed Thursday that it had increased its stake in Office Depot to 10...
| Dec 17, 2014
| 6:20 AM
(Reuters) - The Pennsylvania Supreme Court ordered Wal-Mart Stores Inc to pay $188 million to employees who had sued the retailer for failing to compensate them for rest breaks and all hours worked.
Wal-Mart said on Tuesday that it might appeal the...
| Dec 15, 2014
| 12:13 PM
Think major industries have been disrupted a lot already? Just wait.
A new report makes the case that 2015 promises to be the year that long-developing trends and already existing technologies finally upend conventional ways of doing business, posing...
| Sep 12, 2014
| 12:48 PM
RadioShack Corp confronts an uncomfortable fact as it considers filing for bankruptcy to give it time to overhaul its 4,400 electronics stores: Retailers rarely emerge from bankruptcy. They often liquidate and go out of business.
Founded in 1921, the...
| Nov 20, 2014
| 6:59 AM
Chesapeake-based Dollar Tree Inc. raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.
Shares of the company, which has agreed to buy Family Dollar Stores Inc. for $8.5 billion, rose 3...
| Oct 6, 2014
| 5:04 PM
Wal-Mart Stores Inc. is launching expanded healthcare sign-ups at many of its stores, including hundreds of locations in California.
The retail giant said Monday that it has partnered with DirectHealth.com, an insurance agency and online comparison...