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Austin, Texas-based Whole Foods Reports 5.7% Profit Growth
Whole Foods Market Inc. the Austin, Texas-based grocery chain said that there was a spike of 5.7% in its earnings in the most recent quarter. The niche chain attributed the rise in sales to the...
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Costco and American Express Ending Partnership after Sixteen Years
If you are planning to shop at Costco after March 2016, you just might to have to look for a different card as the American Express credit cards will not work at the outlets Costco anymore.This is...
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Wal-Mart to Hike Pay for About Forty Percent of Its Employees
For years, Wal-Mart the largest retailer in the world has faced criticism for the low wages that it pays its workers.read more
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Target Slashes Its Minimum Online Order for Free Shipping to Over $25
To maintain pace with the competition, Target has cut down the limit of its minimum order online to be eligible for free shipping. The new limit is $25, almost half of the previous minimum purchase...
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Minneapolis-Based Best Buy Reports Earnings that Surpassed Expectations
Best Buy, the Minneapolis-based retailer reported 1.3 percent boost in revenue for the fourth quarter at $14.2 billion. According to the company better sales figures in LED TV and mobile phone segments...
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McDonald’s Announces Raise in Minimum Wages for Company Owned Restaurant Workers
The employees of McDonald's have been consistent in pressurizing the company to raise the minimum wages and the company is finally making at least some workers happy.read more
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Frederick’s of Hollywood Files for Chapter 11 Bankruptcy and Closes Stores
Frederick's of Hollywood, the upbeat lingerie chain selling sexy lingerie is closing down its stores which also include one at Arizona Mills in Tempe. The brand has been better known for its bold and...
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Wegmans, the Grocery Chain Announced it First New York City Store
On Wednesday, Wegmans, the well known grocery-store chain said that they are opening stores in Brooklyn. It is not only about the grocery or the fresh produce, but with the chain there will also be an...
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Walmart’s Tax Saving Ventures Overseas Revealed by a New Report
Tax havens have been the savior of many companies in cutting back huge amount in taxes and Wal-mart is no different.read more
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Steve Mackay CFO of Children’s Clothing Retailer Pumpkin Patch will Depart in...
The CFO of children's clothing retailer Pumpkin Patch, Steve MacKay will be leaving the company soon. His resignation came just one week following the arrival of its new managing director.read more
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Kathmandu Chief Operating Officer Mark Todd Resigns
Kathmandu, the outdoor clothing and equipment company has been in the headlines for a past few days as Briscoe offered to buy it which was outright rejected as the offer price was considered...
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Haggen Grocer Chain to Shutter Twenty Seven Stores
The Bellingham, Washington based grocery chain Haggen Inc, said that aiming at its "right-sizing strategy" it is shuttering twenty seven stores which also include sixteen supermarkets in...
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Washington based Grocery and Pharmacy Chain Haggen, Receiving $215Million...
Without specifying the exact number, Haggen, the largest food and pharmacy independent grocery retailer in the Pacific Northwest said that it would sell some of the company's stores. It also mentioned...
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Wal-Mart Continues with Top Management Shifts, Holley to retire in January
At Wal-Mart Stores, the changes at the executive level still continue. On Friday, the retailer announced some major changes in the management which includes the top tier, like the planned retirement of...
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Wal-Mart’s Raising Minimum Wages to $10 could Force the Competitors to Follow...
Next year, Wal-Mart Stores Inc. plans to raise the minimum wage to $10 per hour. After that, its competitors like Target Corp. will also feel the heat if they do not follow the footsteps or they will...
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Amazon.com Faces Lawsuit over How It’s Amazon Prime Now’ Delivery Workers...
Amazon. com Inc. is continually looking for ways to make its delivery service better and quicker. It recently built a quick network of workers on-demand for its one-hour delivery service. But that has...
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Amazon Discards Local Register and Amazon Local Services
Recently in an announcement Amazon said that it will stop offering its Local Register service soon along with its Amazon Local app.read more
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Quarterly Revenue of Whole Foods Increase Six Percent; Sales slip
On Wednesday, John Mackey, co-CEO of Whole Foods Market, the American supermarket chain specializes in organic food said that it's time they explained their customers better about how they are...
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Retail NZ Seek Transparency in Card Fees Charged to Retailers
A recent study revealed that the New Zealand merchants are paying a greater amount compared to their Australia or UK counterparts for credit card transactions.read more
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On Thanksgiving, Target will Open Stores at 6 p.m.
At a time when many of the retailers are questioning the practicality of keeping their shops open on Thanksgiving because it means paying more to the employees, Target announced that it would open at 6...
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