Payroll Tax


Macy’s Inc. Lowers Full Year Outlook on Disappointing Q2 Results

Macy's Inc.

New York—Macy’s Inc. today reported “disappointing” second quarter earnings with weaker-than-expected profits. The department … [Read more...]

Cato Q1 Profit Down 3% on Softer Sales

The mint trend in spring accessories at Cato Fashions

Charlotte, NC—Cato Corp. said today its first quarter profit declined 3% as sales fell due to “difficult economic conditions,” … [Read more...]

Weak Sales Cut Target’s Q1 Profits by 29%

Logo on the Lawn

Minneapolis—Following up its April warnings that its first quarter results would be weaker than expected, Target Corp. today … [Read more...]

Brown Shoe Swings into Q4 Profit, But Gives Weak Forecast

Franco Sarto spring styles at Famous Footwear

St. Louis—Brown Shoe Co. said today it swung into a fourth quarter profit as the footwear company recorded fewer restructuring … [Read more...]

Commerce Dept: February Retail Sales Best Since September 2012

February Retail Sales

Washington—Despite concerns that the increased payroll tax and higher income taxes on wealthy Americans would hinder 2013 sales, … [Read more...]

Walmart Reports Solid Q1 Results, But Cautions on Current Sales

Walmart checkout

Bentonville, AR—A successful Black Friday and reviving layaway helped Walmart into a solid fourth quarter. Nonetheless, the retail … [Read more...]