International Business News - WMT http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of broadline retailers closed down on Friday, following the market down as oil prices spiked to a new trading record, causing investor concern. http://www.ibtimes.com/articles/20080516/closing-glance-broadline-retailers-decline.htm Fri, 16 May 2008 16:34:02 EDT Sumo wrestlers were the main inspiration behind Wii Fit, Nintendo's latest attempt at getting you off the couch when you play video games. Because they are so huge, sumo wrestlers need two scales to weigh themselves. Wii Fit's balance board works kind of like two scales fused together, which, as its designers found, makes it instantly more fun than just one. The game has sold more than 2 million copies in Japan and it's been a hit in Europe. Nintendo Co. hopes to recreate that success when Wii Fit goes on sale in the U.S. on Monday. http://www.ibtimes.com/data/articleimgs/47345-wii-fit-miyamoto.jpg http://www.ibtimes.com/articles/20080516/nintendos-latest-game-wants-you-off-the-couch.htm http://www.ibtimes.com/articles/20080516/nintendos-latest-game-wants-you-off-the-couch.htm Fri, 16 May 2008 15:56:57 EDT Consumer sentiment in May is expected to remain roughly unchanged as Americans are still in the doldrums about the fragile economy, according to an early reading for the month. http://www.ibtimes.com/articles/20080516/ahead-of-the-bell-consumer-sentiment.htm Fri, 16 May 2008 06:15:50 EDT Wall Street will get a close look at consumer spending next week, with more than a dozen major retailers reporting quarterly results. Discount chain Target Corp., which reports Tuesday, has not performed as well as rival Wal-Mart Stores Inc. during this spending downturn. http://www.ibtimes.com/articles/20080516/on-the-watch-advance-auto-parts-could-get-boost.htm Fri, 16 May 2008 17:03:33 EDT The Dow Jones Industrial average closed higher on Thursday, led by automaker General Motors Corp., after the automaker reached a tentative agreement with the Canadian Auto Workers union. http://www.ibtimes.com/articles/20080515/djia-leaders-and-laggards-gm-utx.htm Thu, 15 May 2008 17:02:28 EDT Shoppers have been lugging ever-larger products to their ever-bigger cars for years. Now, more of them are feeling so pinched by the sagging economy that they are embracing a new behavior: buying a little at a time. http://www.ibtimes.com/data/articleimgs/46600-buying-in-bits.jpg http://www.ibtimes.com/articles/20080515/shoppers-feeling-squeeze-buy-a-little-at-a-time.htm http://www.ibtimes.com/articles/20080515/shoppers-feeling-squeeze-buy-a-little-at-a-time.htm Thu, 15 May 2008 16:39:47 EDT Shoppers have been lugging ever-larger products to their ever-bigger cars for years. Now, more of them are feeling so pinched by the sagging economy that they are embracing a new behavior: buying a little at a time. http://www.ibtimes.com/data/articleimgs/46520-buying-in-bits.jpg http://www.ibtimes.com/articles/20080515/shoppers-feeling-squeeze-buy-a-little-at-a-time.htm http://www.ibtimes.com/articles/20080515/shoppers-feeling-squeeze-buy-a-little-at-a-time.htm Thu, 15 May 2008 13:53:14 EDT Kroger Co. Chairman and Chief Executive David B. Dillon received a 22 percent compensation hike in 2007, a year when the nation's largest traditional grocer saw its profits edge higher despite fierce competition, according to an analysis of a regulatory filing Thursday. http://www.ibtimes.com/articles/20080515/kroger-ceo-earns-9-million-with-profits-up.htm Thu, 15 May 2008 11:22:52 EDT In a week stacked with retailers' earnings, Kohl's Corp., J.C. Penney Co. and Nordstrom Inc. are set to report quarterly earnings results Thursday. Consumers are struggling with high gas prices, a difficult job market and tougher credit standards _ factors that caused Wal-Mart Stores Inc. to issue a cautious full-year outlook earlier this week. http://www.ibtimes.com/articles/20080514/on-the-watch-retailers-to-report.htm Wed, 14 May 2008 17:42:46 EDT J. Sainsbury PLC, Britain's third-largest grocer, unveiled plans to launch a nonfood online business next year while reporting on Wednesday a 1.2 percent rise in full year net profit. http://www.ibtimes.com/articles/20080514/uks-sainsbury-to-launch-nonfood-online-business.htm Wed, 14 May 2008 15:35:09 EDT The nation's biggest toy sellers are requiring their suppliers to meet new standards that limit the amount of lead and other metals and compounds in toys and children's products, getting ahead of federal legislation. http://www.ibtimes.com/articles/20080514/toy-sellers-set-safety-limits-ahead-of-legislation.htm Wed, 14 May 2008 13:36:51 EDT Shares of some broadline retailers and department stores rose in morning trading Wednesday after Macy's Inc. reported a first-quarter loss, but stood by its full year forecast. http://www.ibtimes.com/articles/20080514/opening-glance-broadline-retailers-up-with-macys.htm Wed, 14 May 2008 10:11:39 EDT Kroger Co. is expanding its discount on generic drugs, offering 90-day prescriptions for $10 and covering more women's health medications. The move comes as the Cincinnati-based grocer faces increased competition from Wal-Mart Stores Inc., which similarly expanded its own low-cost prescription program last week. http://www.ibtimes.com/articles/20080513/kroger-expands-discount-on-generic-drugs.htm Tue, 13 May 2008 17:39:56 EDT NEW YORK _ Solid first-quarter profits from discounters Wal-Mart and TJX show that more Americans are hunting for bargains as they struggle to cover their monthly credit card payments, put food on the table and gas in the family car. http://www.ibtimes.com/data/articleimgs/45954-earns-wal-mart.jpg http://www.ibtimes.com/articles/20080513/wal-mart-and-tjx-report-solid-1st-quarter-profit-gains.htm http://www.ibtimes.com/articles/20080513/wal-mart-and-tjx-report-solid-1st-quarter-profit-gains.htm Tue, 13 May 2008 16:37:56 EDT Wall Street turned in a mixed performance Tuesday after a fresh report on retail sales and a new oil price record told investors the same old story: The economy is hurting and costs are rising, but things could be worse. http://www.ibtimes.com/articles/20080513/stocks-mixed-after-retail-sales-report-spiking-oil.htm Tue, 13 May 2008 16:27:00 EDT Federal regulators should throw out fines imposed against Circuit City Stores Inc. for violating rules regarding next year's switch from analog to digital television, the consumer electronics retailer said in a filing Tuesday. http://www.ibtimes.com/articles/20080513/circuit-city-wants-out-of-digital-tv-fines.htm Tue, 13 May 2008 15:35:03 EDT Wall Street traded mixed Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors little incentive to extend the previous session's big advance. Record oil and gas prices also dampened buying. http://www.ibtimes.com/articles/20080513/stocks-mixed-after-retail-sales-report-oil-spikes.htm Tue, 13 May 2008 15:17:01 EDT Stocks that are moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq: NYSE http://www.ibtimes.com/articles/20080513/wal-mart-wendys-among-big-market-movers.htm Tue, 13 May 2008 13:21:04 EDT Wall Street pulled back Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors little incentive to extend the previous session's big advance. A jump in oil prices added to the selling. http://www.ibtimes.com/articles/20080513/stocks-decline-after-retail-sales-report-oil-spikes.htm Tue, 13 May 2008 12:01:15 EDT Wall Street pulled back Tuesday after a report on retail sales and comments from Federal Reserve Chairman Ben Bernanke gave investors little incentive to extend the previous session's big advance. http://www.ibtimes.com/articles/20080513/stocks-decline-after-retail-sales-report-bernanke-speech.htm Tue, 13 May 2008 10:22:20 EDT