Wal-Mart's Upscale Move Into Target Territory
The retail giant's push for profits with more upscale merchandise puts it on a collision course with Target Corp. the second largest retailer.
Target Stores Hitting Their Mark
Target Corp., the US market's second largest retailer, endured an uncertain economy in the latest quarter to earn a solid profit which beat Wall Street expectations.
Wal-Mart first China union could mean more to come
Employees of retail giant Wal-Mart have set up their first trade union in China, a move analysts said on Monday could lead to more unionization in the sector.
Wal-Mart Closes Shop in Germany
Wal-Mart, the world's biggest retailer, announced today that it decided to close its operations in Germany, by selling its 85 stores to a local rival, Düsseldorf-based Metro AG.
JPMorgan says stock rout could worsen
A global sell-off in stocks that started in May is not over and may only be just starting, Abhijit Chakrabortti, global equity strategist at JPMorgan Chase & Co., said on Tuesday.
Wal-Mart Profits Beat Expectations in 1Q
Wal-Mart Stores Inc., announced on Tuesday that it had beat Wall Street expectations for its first fiscal quarter.
Food companies criticised over health commitments
Many of the world's top food companies are not doing enough to help cut the salt, fat and sugar which are contributing to a global, diet-related health crisis, according to a report on Tuesday.
US chain store sales slow ahead of late Easter
Constrained shopping ahead of a later Easter holiday this year led to flat to lower sales at U.S. chain stores in the last week of March, reports said on Tuesday.