Retail | featured news

As Eddie Lampert takes over as Sears Holdings CEO, he again faces the task of fixing Kmart.

Wal-Mart is synonymous with the term “big-
box store,” but it’s scaling down to a miniscule
2,500 square feet for a new store coming to
the Georgia Institute of Technology next
quarter. The second in a test format the company is
calling Walmart on Campus, the Georgia Tech
store will be the smallest in the country,
according to the Atlanta Journal-Constitution.
The single Walmart on Campus store currently
in operation is at the University of Arkansas in
Fayetteville, Ark., less than an hour’s drive from
the company’s Bentonville headquarters.
There’s a company tie to the new location, too;
Wal-Mart president and CEO Mike Duke is a
Georgia Tech alum.

Wal-Mart Stores Inc., the world's largest retailer and the nation's largest private employer, is making a pledge to hire every veteran who wants a job....

Best Buy's holiday sales fell despite a surprisingly resilient showing in the U.S., and the consumer-electronics retailer said its cash flow continues to weaken.

A last-minute surge in spending helped many major retailers report better-than-expected sales in December, a relief for stores that make up to 40 percent of annual revenue during the holiday period.

2012 was a good year for Amazon. Not only has the company announced that the Kindle Fire HD was the #1 best-selling, most gifted, and most wished for product on Amazon, but for the eighth consecutive year, the company ranks #1 in customer satisfaction during the holiday shopping season...

Amazon.com Inc remained the best website for shopping online while JC Penney Co Inc suffered the largest drop in customer satisfaction of any major online retailer this holiday season, according to a survey released on Thursday.

Stocks are closing lower after a weak holiday shopping report sent shares of major retailers lower. The Dow Jones industrial average fell 24 points to close at 13,114 Wednesday. It was the third straight loss for the Dow.

U.S. holiday retail sales this year are the weakest since 2008, after a shopping season disrupted by storms and rising uncertainty among consumers.

GameStop shares are down nearly 5% on Thursday amid calls to restrict the sales of violent video games. The stock still looks good, though, with a healthy dividend yield of 3.6% and a long-term earnings growth projection of 9.3%.