Bentonville, AR—Walmart today reported a better-than-expected first quarter as its U.S. division, its largest, continued to … [Read more...]
Walmart
Feds to Investigate Walmart over Mexican Bribery Charges
Washington—The U.S. Justice Department has reportedly launched a criminal investigation of Walmart regarding alleged $24 million … [Read more...]
Walmart Invests $12 million to Help Women Entrepreneurs in Latin America, Caribbean
Cartagena, Colombia—U.S. Secretary of State Hillary Clinton announced that a new public-private partnership, which includes … [Read more...]
Cherokee Q4 Profit Up Despite Sales Decline
Sherman Oaks, CA—Cherokee Inc, a brand management company, reported Thursday that its fourth quarter and full year sales were … [Read more...]
America’s Most “Relevant” Retailer? Amazon
Boston—The crucial role that online retail plays is clearly evident in a new Retail Relevance Top 10 by Brodeur Partners: … [Read more...]
February Comp Sales Surprise as Consumer Confidence Rises
New York—Surprisingly strong comparable store sales results in February are being chalked up to a warmer, drier month that … [Read more...]
Walmart Q4 Profit Lower, but U.S. Sales Pick Up
Bentonville, AR—Walmart reported today that its fourth quarter earnings were less than a year ago, but that its U.S. division is … [Read more...]
Costco: America’s Best Chain Store Shopping Experience?
Yonkers, NY—Even with its controversial increase in its member fees last November, Costco, the nation’s largest warehouse … [Read more...]
Executive Changes: Walmart, Old Navy, JCPenney, Lane Bryant, Laura Ashley
Rosalind Brewer to Head Sam's Club; Internal Promotions at Walmart Bentonville, AR—Rosalind Brewer, who has been president of … [Read more...]
Sustained Retail Recovery Lagging Record-Breaking Consumer Spending
New York—The retail industry continues to edge tentatively toward recovery, buoyed by a stellar start to the holiday shopping … [Read more...]
Holiday Bargain Hunters: All Shopped Out, or Waiting for 11th Hour?
Charleston, SC–They turned out en masse on Black Friday, Nov. 25, spending a record $11.4 billion according to ShopperTrak, but … [Read more...]
