WALMART

NEW YORK - Wal-Mart Stores Inc posted a quarterly profit that beat Wall Street forecasts, helped by higher sales at its namesake U.S. discount stores, and said it expects to outperform competitors as a global downturn forces shoppers to seek low prices. Shares in the world's largest retailer rose 3.5 percent on the results, as investors shrugged off fears of a deeper global recess...

Profit fell to $3.79 billion, or 96 cents per share, for its fiscal fourth quarter that ended January 31, from $4.096 billion, or $1.02 share, a year ago. The company said earnings per share excluding a 7 cent charge for the settlement of class action lawsuits was $1.03 per share. Analysts, on average, had been expecting it to earn 99 cents per share, according to Reuters Estimates. Last month, ...

Profit fell to $3.79 billion, or 96 cents per share, for its fiscal fourth quarter that ended January 31, from $4.096 billion, or $1.02 share, a year ago. The company said earnings per share excluding a 7 cent charge for the settlement of class action lawsuits was $1.03 per share. Analysts, on average, had been expecting it to earn 99 cents per share, according to Reuters Estimates. Last month, ...

LONDON - Wal-Mart Stores Inc (WMT.N) posted a 14.3 percent drop in fourth-quarter operating income at its international businesses, hit by the stronger dollar, but said underlying growth was solid, led by the UK, China and Brazil.

- Stock index futures pointed to a lower open on Wall Street on Tuesday, as the market reopens after a long holiday weekend, with investors bracing for quarterly results from retail behemoth Wal-Mart . At 4:48 a.m. EST, futures for the S&P 500 were down 2.1 percent, Dow Jones futures were down 1.8 percent and Nasdaq 100 futures were down 1.9 percent. Wal-Mart, the world's bigg...

Computer software giant Microsoft has announced plans to open its own stores, in a bid to increase competition against Apple and at a time when many other retailers are struggling in the economic downturn.

Retail industry sales results for January were mostly lower, on Thursday, however the largest U.S. retailer, Wal-Mart, exceeded analysts' expectations.

Leaders of the retail industry discussed on Monday, innovative and creative ways to approach their customers as consumer spending is shrinked by the economic downturn.

US retailer Wal-Mart Stores Inc had a tough Christmas and will have an extraordinarily challenging first quarter, H. Lee Scott, the CEO of the company said at the annual National Retail Federation confederation.

Wal-Mart Inc., the world's top retail chain, said on Thursday its fourth-quarter profit will miss earlier forecasts due to slower sales, the impact of a strong dollar on its international business and litigation costs.

Major retailers reported dismal monthly sales for December on Thursday, with Wal-Mart Inc, the nation's biggest retailer, showing a disappointing 1.7 percent rise in December sales at its US stores open at least a year and cut its quarterly earnings outlook.

Wal-Mart's Sam's Club is going to open a business center focused solely to serve its small business customers, the company's executives said on Thursday.

Wal-Mart Stores Inc., the world's largest retailer, and Costco Wholesale Corp. reported a better-than-expected rise in May sales s record gasoline and food prices led shoppers to prefer discount chains.

U.S. stocks gained on Thursday, with all three indexes gaining at least 1 percent as May sales at Wal-Mart Stores Inc. and Costco Wholesale Corp. beat analysts' estimates while jobless claims fell, boosting expectations that consumer spending will increase the retailers profits.

Yahoo announced on Wednesday it has made an exclusive display advertising deal with Walmart.com.

Wal-Mart Stores Inc., the largest US retailer, launched a free Internet classified ad service on Monday in an alliance with Oodle.com, a California start-up that is seeking to challenge the dominance of Craigslist and eBay-owned Kijiji.

Wal-Mart Stores Inc CEO Lee Scott's back-to-basics strategy for guiding the big-box retailer through the U.S. economic downturn has jump-started sales, boosting its bottom line and share price alike.

Costco Wholesale Corp., the largest U.S. warehouse club operator, said Thursday its third-quarter profit climbed 32 percent to beat expectations, as discounts on gasoline and food lured shoppers to its stores.

After seven years of being in an alliance with Amazon.com, Borders Group Inc. is finally setting out on its own with the launch of Borders.com.

Wal-Mart is planning to prepare and serve fresh food at delicatessen counters in its new Marketside convenience stores, in a bit to compete with Tesco's Fresh & Easy offering.

Wal-Mart Stores reported a profit and revenue which matched analysts estimates, however its shares fell as the company anticipates possible flat sales in the coming quarter. Wal-Mart Stores, Inc said profit grew nearly 7 percent in its first quarter as sales grew 10 percent despite the slowdown in the U.S. economy.