| Sep 18, 2013
| 7:37 PM
Coming off of a weak back-to-school shopping period, a research firm expects holiday sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to visit fewer stores as they research purchases online.
| 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 25, 2013
| 7:13 AM
Wal-Mart Stores Inc.’s board members on Monday elected a new chief executive and president to replace Mike Duke, 63.
Doug McMillon, 47, is scheduled to take the reins on Feb. 1, the company said, about four years after Duke stepped into the...
| 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...
| Nov 3, 2013
| 11:19 AM
Wal-Mart is worried about lousy holiday shopping, so the retail giant is pulling out its Christmas deals one whole month early -- hoping, perhaps, that the longer you are faced with a bargain, the more likely you will be to crumble.
This move comes as...
| Aug 15, 2013
| 8:21 AM
Wal-Mart Stores Inc., the world’s largest retailer, cut its outlook for the rest of the year after reporting second-quarter earnings that fell below expectations.
The disappointing performance, coupled with pessimistic forecasts from Macy’...
| Aug 15, 2013
| 5:59 PM
NEW YORK — Encouraging signs for the labor market caused alarm on Wall Street as investors sped up a broad sell-off, fueled by worries the Federal Reserve will soon scale back its stimulus.
Major U.S. indexes closed sharply lower Thursday as yet...
| 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 14, 2013
| 3:37 PM
San Francisco-based Wells Fargo & Co. topped the ranks of corporate giving in 2012, climbing ahead of Wal-Mart Stores Inc., according to a new survey of 100 companies released Sunday by the Chronicle of Philanthropy.
Wells Fargo gave away $315.8 million...
| 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...
| Jul 24, 2013
| 10:53 AM
Thirty workers walked off the job Wednesday at the warehouse of a luggage supplier to Wal-Mart Stores Inc to protest alleged retaliation from managers after employees complained about poor working conditions, organizers said.
The workers, who are not...