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Better than Expected Third Quarter Results from Home Depot Inc and Wal-Mart...
The stock market was all geared up to go higher on Tuesday, with better-than-expected earnings report from Wal-Mart and Home Depot The retailers drifted away some of the concerns that hit the stock...
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Data Shows Japan’s Retail Sales, Output Move Up Signaling at Gradual Rebound...
In October, the industrial output of Japan grew for the second consecutive month. Retail sales also increased at a faster pace than expected which is a likely sign of a recovering economy that had...
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Lesser Number of People are Expected to Shop Online This Year On Cyber...
The National Retail Federation says that just because deals are being offered for weeks, many of the shoppers do not feel the pressure to shop online on Cyber Monday, which is the Monday followed by...
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Shoppers Wait in Queue to Access Target Website on Cyber Monday
Shoppers in the U. S who wait for attractive deals and want to avoid the holiday rush look for deals on Cyber Monday. But, this year many of them faced tech snags, product sellouts and massive on line...
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Police Urges Boxing Day Sale Shoppers to be Patient as Heavy Traffic Causes...
After the Christmas shopping now the bargain hunters are out for the Boxing Day sales. Some were out early and the long queue in the morning at The Base shopping centre in Te Rapa, north Hamilton was...
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Citing High Renting Cost Toys ‘R’ Us Closes Shop in Times Square
Many people came to the Toys "R" Us flagship store in Times Square on Wednesday for the last time before it closed down for good.The huge superstores shelves were clean, and the aisles were left empty...
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Shares of Dick Smith Holdings Ltd Go Into Trading Halt
This morning, Dick Smith Holdings Ltd, the electronics retailer's shares went in a trading halt waiting for an announcement 'be made in respect of the company's funding position and debt financing...
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Macy’s Shuttering Stores May Invite Trouble for Other Tenants in Malls
Hurt by sluggish sales and weaker revenue, Macy's Inc. decided to shutter forty stores. The action may help the retailer to save some money but is surely going to hurt some others.The Macy's department...
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$300-million Takeover Bid for American Apparel; Will I be a Come Back for Dov...
American Apparel, the Los Angeles, California based American clothing company has received a $300 million takeover offer from an investor group. The investor group Hagan Capital Group and Silver Creek...
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New Moves by Amazon Aimed at Expanding Logistics Reach into Ocean Shipping
Amazon is well known for making new moves. After trying options in trucking and air freight, now the company seems to be turning its focus towards the sea.Reportedly Amazon China, the Chinese...
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Two Wal-Mart Locations in Los Angeles to Shutter on Sunday
On Friday in an announcement, Wal-Mart announced that it will close 269 locations globally. Out of the seven stores scheduled for closure in Southern California, two will be shuttered on Sunday.The...
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Promotional Stunts in a Town in Michigan Send Gas Price Down to Less Than 50...
A competition among gas stations in one of the towns in Michigan pulled gas prices to lower than $1. Reportedly, the fight over fuel price in Houghton Lake, send prices to lower than 50 cents on Sunday...
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Adidas Announces Kasper Rorsted as Next CEO Replacing Herbert Hainer
On Monday, German multinational shoe and sports gear company, Adidas AG said that Kasper Rorsted, the present head of Henkel will be its next chief executive. The company said he will take over the...
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Drones will Deliver Packages within Thirty Minutes of Placing an Order says...
Amazon has hit the headlines for a while with its goal of delivering packages by drone someday at the door steps of its consumers. However, before that is made possible, the company has certain...
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Royal Philips NV Cancels Planned Sale of Lumileds on Grounds of U.S. Security...
On Friday, Royal Philips NV announced cancellation of a planned $2.8 billion sale deal of its lighting component business to a Chinese buyer. The decision followed rejection of the deal by the...
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Recent Sales Result of Michael Kors Sends Shares Up
For people who thought the Michael Kors magic was fading, there is news that would make you believe otherwise. On Tuesday, shares of Michael Kors Holdings Ltd. spiked greater than twenty five percent...
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Is Amazon Really Planning to Open Hundreds of Brick and Mortar Book Stores?
Speculations regarding Amazon's plans of opening hundreds of bricks and mortar book stores are still on. Is it really a possibility that Amazon is getting into so many physically present stores?read more
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Home Depot Plans to Add Jobs for the Upcoming Spring Shopping Season
Home Depot is getting ready for spring already. On Wednesday, officials of the home improvement retailer said it is planning to hire approximately nine hundred new employees in the Greater Hartford...
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Target to Offer a More Gender Neutrality Shopping Experience
Target plans to offer its customers more gender neutral shopping experience especially in the kid's section giving it an absolute image turn over. Target last year already organized gender-free...
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John M. Presley CEO of Lumber Liquidators Discloses he is Suffering from a...
John M. Presley, became the CEO of Lumber Liquidators Holdings Inc. in November last year succeeding the company's founder, Thomas D. Sullivan.On Tuesday, Presley told his employees that he was...
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