Bentonville, AR--Walmart has agreed to buy Kosmix, a social media start-up focused on e-commerce, as it looks for new ways to tap … [Read more...]
Walmart
Commerce Dept: March Retail Rises on Fuel, Food Costs
Washington—Retail sales rose again in March, marking the tenth consecutive month of increases; however, most of the increase … [Read more...]
April 13, 2011 -
Walmart Q4 Profit Up 27% But U.S. Division ‘Disappoints’
Bentonville, AR—While Walmart posted today a 27% increase in profit for the fourth quarter largely due to its international … [Read more...]
February 22, 2011 -
U.S. Commerce Dept January Sales Edge Up
Washington—Retail sales edged up in January, marking the seventh straight month of increases, but falling below what economists … [Read more...]
February 15, 2011 -
Consumer Satisfaction Report: E-Commerce Winners and Losers
Ann Arbor, MI—Although e-commerce sales during the holiday season hit record highs, consumer satisfaction with the top 40 … [Read more...]
December 30, 2010 -
Thanksgiving: The Next Black Friday?
In an effort to garner as much business as possible in a difficult economic climate, more top U.S. retailers will be opening their … [Read more...]
November 24, 2010 -
Target Q3 Profit Rises 23% as Credit Card Businesses Improves
Minneapolis—Target’s third-quarter earnings showed strong growth on a jump in revenue and significant improvement in the … [Read more...]
November 17, 2010 -
Walmart Lifts Full Year Forecast as Q3 Profits Rise
Bentonville, AR--Walmart raised its full year earnings guidance today after booking a 9% rise in third quarter profit helped by a … [Read more...]
November 16, 2010 -
Report: Online Spending Increases 9% in Q3
Reston, VA—There’s one place where spending by American consumers is showing a rebound—online. ComScore, a market … [Read more...]
November 2, 2010 -
Walmart, Target Pull Kids Jewelry, Toys Due to Lead Levels
Oakland, CA—Target and Walmart removed children's products including foam bead jewelry from their stores after independent tests … [Read more...]
October 15, 2010 -
Walmart to Cut Spending, Focus on Smaller Stores
Bentonville, AR--Walmart lowered the high end of its capital spending forecast for fiscal 2011 by $1 billion and says it will … [Read more...]
October 14, 2010 -
Retailers vs Manufacturers Over China Currency Bill
Washington—While The House of Representatives’ 348 to 79 vote Wednesday in favor of the Currency Reform for Fair Trade Act has … [Read more...]
September 30, 2010 -
