WALMART

Retail sales notch modest gains in June

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Retailers reported modest June sales results on Thursday as industry leader Wal-Mart Stores Inc. and teen favorite Abercrombie & Fitch Co. topped Wall Street's conservative expectations while a number of department stores and women's specialty retailers foundered.

Wal-Mart June sales up more than expected

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Wal-Mart Stores Inc. on Thursday reported a higher-than-expected 2.4 percent June rise in sales at its U.S. stores open at least a year, and the world's largest retailer said its second-quarter earnings forecast is attainable.
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Apple Becomes Third Biggest U.S. Music Retailer

Apple Inc.'s (NASDAQ: AAPL) popular iTunes store became the third largest music retailer in the United States, according to market research, soaring past traditional brick-and-mortar stores and other online stores.
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Best Buy posts disappointing profit

Top U.S. consumer electronics retailer Best Buy Co. Inc. on Tuesday posted a weaker-than-expected quarterly profit, dragged down by sales of lower margin products such as notebook computers and video game consoles.
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Dell Does Retail

Dell Inc.(NASDAQ: DELL) said yesterday it plans to start selling its personal computers through Wal-Mart Stores Inc.(NYSE: WMT) in North America next month, departing from the direct-to-consumer business model it was founded on.
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Target Profit Jumps 18 Pct. on Sales Growth

The second-largest U.S. retailer, Target Corp. (NYSE: TGT), said that its first-quarter profit jumped by 18 percent on Wednesday, beating analysts expectations and sending shares higher.
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Wal-Mart Profit Up but Revenue Misses Estimates

Wal-Mart Stores Inc. (NYSE WMT), reported an 8 percent profit gain for its fiscal first-quarter which was in line with analysts expectations, but may come short of analyst estimates for its second-quarter.
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Wal-Mart April Sales Drop 3.5 Pct

Wal-Mart Stores, Inc. (NYSE: WMT) said Thursday that April same-store sales declined more than previously expected at 3.5 percent due to weather conditions, and an earlier Easter.
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Online Shopping Rises in December

Online visits to the Holiday eShopping Index grew 20 percent year-over-year last week, with eBay, Amazon and Wal-Mart leading other online shopping destinations new analysis shows.
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Perrigo's Pill Recall Dents Earnings Slightly

Perrigo Co.'s (PRGO) announcement last week recalling around 11 million bottles of Acetaminophen 500 mg caplets affected over 130 retailers nationwide, however the generic drug maker won't face a large hit on its earnings for the next quarter.
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Wal-Mart Drug Rollout Four Months Early

Wal-Mart said Thursday it will implement its $4 generic prescription program in Florida tomorrow. The rollout comes four months earlier than originally planned.
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Dow record new closing high

Dow Jones industrial average created a new closing high Tuesday for the first time in nearly seven years, mainly driven by its components shares ......
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Tesco profit tops forecasts

Tesco topped analysts' average forecast with a 12.5 percent rise in underlying first half profit on Tuesday and said its plans to expand in non food and the United States were on track.
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Wal-Mart to use more part-timers, wage caps: NYT

Wal-Mart Stores Inc. is pushing to create a cheaper, more flexible work force by capping wages, using more part-time workers and scheduling more staff on nights and weekends, The New York Times reported on Monday.
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Walgreen profit jumps 25 percent

Walgreen Co., the largest U.S. drugstore chain, posted a 25 percent rise in quarterly profit on Monday, driven by strong sales of prescription medications and the addition of the Happy Harry's chain.
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Wal-Mart to Cut Down on Packaging

Wal-Mart said on Friday it will launch a 5-year plan to reduce the amounts of natural resources it uses for packaging by 5 percent.

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