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Latest news on ‘Retail & Services’

  • Big Lots cuts outlook, shares down

    12/03/10

    Reuters – Close-out retailer Big Lots Inc (BIG.N) cut its outlook for the crucial holiday quarter, in the face of strong competition from rivals especially in the toys category, and [...]

  • Thanksgiving sales bring shoppers, grumbles

    11/25/10

    NEW YORK (AP) – Not all Americans tucked into turkey with their families on Thanksgiving. Some were out shopping, hitting sales ahead of the crowds expected Friday.
    After a year of [...]

  • Macy’s Posts Profit as Sales Rise Nearly 7%

    11/10/10

    WSJ – Celebrities and service are going to be keynotes for Macy’s Inc. during the holiday selling season.
    Riding a resurgence of sales this year, the retailer is now turning to [...]

  • Gap Scraps New Logo After Online Backlash, Will Return to Blue Box Design

    10/11/10

    Bloomberg – Gap Inc. is scrapping a new logo that was panned by customers and will return to using the blue- square logo that emblazoned its clothes for more than [...]

  • Wal-Mart ends profit sharing with employees

    10/10/10

    NEW YORK (AP) — Wal-Mart Stores Inc., the nation’s largest private employer, plans to end automatic profit-sharing contributions for its employees in a revamp of its benefits package that it [...]

  • Limited, Abercrombie Lead September Sales Gains at U.S. Stores

    10/07/10

    Sales at U.S. retailers grew for a 13th straight month in September, beating analysts’ estimates as consumers facing a sluggish economy snapped up discounts at teen apparel chains during the [...]

  • Consumer spending and incomes both rise in August

    10/01/10

    WASHINGTON (AP) — Consumer spending rose by a moderate amount in August while incomes increased by the largest amount in eight months, a gain that was propelled by the resumption [...]

  • Massive Fisher Price Recall: More Than 10M Toys

    9/30/10

    More than 10 million children’s toys have been recalled by the U.S. Consumer Product Safety Commission, in cooperation with the toys’ manufacturer Fisher Price, the CPSC announced today.
    The toy giant [...]

  • Barnes & Noble shareholders back chairman in fight

    9/28/10

    NEW YORK — After shareholders backed its founder and his family Tuesday, concluding a contentious proxy fight, book seller Barnes & Noble Inc. is looking to its next chapter, focusing [...]

  • FedEx to Analysts: Judge Us on 2012

    9/16/10

    MEMPHIS (TheStreet) — Just as in the previous quarter, FedEx(FDX) reported strong growth Thursday, but it got slammed by Wall Street in early post-earnings trading.
    The problem — again — is [...]

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