Retailer | featured news

Target Earnings Rise 18%; Saks Reports Profit

Target Earnings Rise 18%; Saks Reports Profit

Target's earnings rose 18%, snapping a streak of eight quarterly declines, as the discount retailer saw improvement in its retail and credit-card operations. Saks swung to a $1.9 million profit.

 

US retail sales rise 1.4% in October

US retail sales rebounded in October as demand for cars continued to climb even after the expiration of government sponsored incentives.

 

Wal-Mart Profit Up 3.2%, but Key Indicator Slips

Revenue and profit were up at Wal-Mart, but sales fell 0.4 percent at stores open at least a year.

 

Retailers Report Healthy Sales Increases

Retailers Report Healthy Sales Increases

The nation’s stores posted a second consecutive month of sales increases, marking the retailing industry’s best performance in over a year.

 

In October, Signs of Life at Retailers

Some analysts are now predicting higher levels of holiday spending than in the year before.

 

Wal-Mart Considering Expanding Into Urban Areas

Wal-Mart Considering Expanding Into Urban Areas

Walmart has stepped up efforts to mobilise local political support for new store openings in US cities and urban areas that were last month identified as a growth priority for the retailer by Mike Duke, its chief executive.

 

Wal-Mart, Amazon Book Battle Escalates

Amazon lowered its prices on hot upcoming book releases to $9, once again matching Walmart.com in an escalating price war.

 

Retail sales drop points to slow recovery

Sales fall after a surge in the previous month, but the drop is smaller than forecast. Retail sales fell in September after a popular program aimed at boosting auto sales ended ...

 

Jobless claims hit 9-month low, sales rise

The number of U.S. workers filing new claims for jobless insurance hit a nine-month low last week and retailers reported their first monthly sales gain in over a year on Thursday, easing fears that recovery from recession would be unsustainable.

 

Consumer confidence dip is bad holiday omen

Consumer confidence dip is bad holiday omen

A key measure of consumer confidence fell in September, after a gain in the previous month, raising concerns about retail sales in the upcoming holiday season, a research group said Tuesday.

 

Subscribe to this RSS topic: Syndicate content