Top U.S. consumer electronics chain Best Buy Co's December same-store sales fell 4 percent as bargain-hungry shoppers turned more to such rivals as Target Corp .
Shares of grocery retailer SuperValu (NYSE: SVU) have plunged almost 25 percent since mid-October amidst an increasingly difficult environment for food retailers.
Retailing giant Wal-Mart Stores (NYSE: WMT) may be seeking to establish a foothold in New York City, according to a report on the NY1 news station.
Hopes for a supermarket recovery have been pushed back yet again while Wall Street rethinks earnings expectations as food costs rise, unemployment remains high and consumer spending stays fragile.
Hopes for a supermarket recovery have been pushed back yet again while Wall Street rethinks earnings expectations as food costs rise, unemployment remains high and consumer spending stays fragile.
According to a recent survey from Foresee Results, Amazon.com and Netflix gave its consumers the highest satisfaction this holiday season.
Wal-Mart Stores Inc, the world's largest retailer, has invested in China's top online seller of consumer electronics and communication products, in a push to extend its reach to more Chinese buyers.
The company had previously put into place a 15 percent restocking fee on all returns.
Wal-Mart Stores and Canada's biggest private-sector union have reached a settlement in their year and a half-long trademark dispute.
NEW YORK - As music retailers suffer ever shrinking sales, some of the most aggressive moves to boost business are being made by the perpetual runners-up in their respective sectors.
NEW YORK - As music retailers suffer ever shrinking sales, some of the most aggressive moves to boost business are being made by the perpetual runners-up in their respective sectors.
Wal-Mart Stores Inc is in advanced talks with New York's construction unions to get their backing for its entry into New York City's retail market, The Wall Street Journal reported on Sunday.
comScore (NASDAQ:SCOR) said online holiday spending in the United States exceeded $17.5 billion for the first 35 days of the November-December shopping season. Free shipping surged to more than 50 percent of all the E-Commerce transactions.
The Department of Homeland Security (DHS) has enlisted retailing giant Wal-Mart to join the forces for the safety and security of the nation.
The U.S. Supreme Court said on Monday it would decide if the largest sex-discrimination class-action lawsuit in U.S. history against Wal-Mart Stores Inc can proceed, a case involving women workers who seek billions of dollars in damages.
ThinkEquity has increased its profit estimates and price target on Apple Inc., saying that the recent expansion of iPad distribution in the U.S. and iPad's launch in more international markets, easing of supply constraints this quarter are strong positives for the company.
The U.S. online retail sector delivered double digit growth on Black Friday 2010 compared with the year-ago levels, according to a report from IBM. The findings showed that online sales rose 15.9 percent, with consumers pushing the average order value up 12.1 percent to $190.80.
As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).
Commonly known as Black Friday, the day after Thanksgiving in the U.S. is considered one of the biggest retail days of the year. Most shops in the country start as early as 5 AM and stay open till late, offering massive discounts. Gadgets still top the list among the most sought after category of goods.
The battle for the Christmas shopping pie has hardened between retail behemoths and online shopping firms, with most retailers coming up with shopper-friendly offers to lure holiday customers.
As “Black Friday” approaches next week, U. S. retailers are expecting a strong holiday season – at least, compared to the dismal performance of the past two years.
Here’s a list of retailers luring Black Friday shoppers with tempting deals