WALMART

IBTimes Logo

Retail holiday sales improve upon 2008 disaster

U.S. retailers performed better during the key holiday shopping season this year after a historically dismal 2008, performing in line with dampened expectations, according to data released on Monday.
More news
IBTimes Logo

Best Buy sees weaker holiday margins, shares fall

Top U.S. electronics chain Best Buy Co said gross margins during the holiday season would fall short of expectations as it sells more discounted goods like flat-screen televisions, sending shares down 8 percent.
IBTimes Logo

H&R Block posts narrower-than-expected Q2 loss

H&R Block Inc , the largest U.S. tax preparer, posted a narrower-than-expected second-quarter loss, aided mainly by better results in Tax Services segment, but said it is looking to close 400 regular offices this year as part of a cost-cutting plan.
IBTimes Logo

Stock futures signal dip; investors eye Bernanke

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 3:40 a.m. EST.
IBTimes Logo

Stock futures signal dip; eyes on Bernanke

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 0840 GMT (3:40 a.m. EST).
IBTimes Logo

WalMart offering Nintendo Wii $50 gift card

Nintendo Wii, one of the hottest Christmas gift ideas, is getting another $50 off its retail price, thanks to WalMart. The retail giant said it will be offering a $50 gift card to anyone who purchases the game console, effectively lowering the price to $149. The average retail price for a Nintendo Wii is $199.
IBTimes Logo

Tesco to flag solid Christmas, eyes on 2010

Tesco Plc, Britain's biggest retailer, is set to join rivals in flagging solid pre-Christmas trading next week, but investors will be casting a wary eye on 2010 as the government unveils its budget plans.
IBTimes Logo

Big Lots tops view, ups outlook, shares soar

Closeout retailer Big Lots Inc posted a better-than-expected quarterly profit, aided by lower freight costs, and raised its outlook for the holiday fourth quarter, sending its shares up more than 14 percent.
IBTimes Logo

Several retailers miss November sales views

Several U.S. retailers posted weaker-than-expected sales for November, getting the key holiday season off to a sluggish start as consumers worried about the economy and double-digit unemployment.
IBTimes Logo

Web retail a bright spot in tepid U.S. holiday season

U.S. online shoppers spent 5 percent more this Cyber Monday than they did last year as more consumers flocked to the Web for holiday shopping but spent slightly less per person, analytics firm comScore Inc said on Wednesday.
IBTimes Logo

Web retail: Bright spot in tepid holiday season

U.S. online shoppers spent 5 percent more this Cyber Monday than they did last year as more consumers flocked to the Web for holiday shopping but spent slightly less per person, analytics firm comScore Inc said on Wednesday.
IBTimes Logo

November sales to shed light on holiday start

When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shopping season.
IBTimes Logo

Black Friday Web shopping up 11 percent: comScore

Holiday shoppers in the United States spent some $595 million online on Black Friday, up 11 percent from last year, with Amazon.com and Walmart.com the most visited sites, according to analytics firm comScore.
IBTimes Logo

November sales to shed light on holiday season

When U.S. retail chains report November sales this week, investors will learn whether they have gone far enough to protect profits against a weak start to the holiday shopping season.
IBTimes Logo

Black Friday sales disappoint investors

Investors took a dim view of holiday retail sales after a weak Black Friday weekend, with Amazon.com Inc one of the few stocks to rise on hopes it was gaining a greater share of consumer spending.
IBTimes Logo

Early holiday sales disappoint investors

Investors took a dim view of early holiday season sales on Monday, with shares of Best Buy , Amazon and American Eagle Outfitters among the few positive performers on hopes they were gaining a larger share of consumer spending.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.