Best Buy trims leadership, warns of dismal 3Q and calls a meeting with shareholders as founder's buyout-offer deadline approaches.
Amazon, the largest Internet retailer, said it will hire more than 50,000 seasonal workers at its fulfillment centers across the U.S.
Most of the Asian stocks gained Tuesday with investor sentiment turning positive as a rise in the U.S. retail sales indicated an improvement in consumer confidence in the world’s largest economy.
Better-than-expected U.S. retail sales is happy news for retailers, but can it last with near 8% unemployment?
Costco Wholesale Corp. (NASDAQ:COST) will report fourth quarter earnings Wednesday; analysts estimate $1.31 earnings per share.
Following the approval of Foreign Direct Investment (FDI) in the multi-brand retail sector in India, retail giant Walmart (WMT) has announced plans to launch its first store within 12 to 18 months through its joint venture with Bharti Enterprises, but the high cost of real estate may pose a big challenge for the low-price retailer.
Walgreen Company (NYSE:WAG) will post weaker fourth-quarter profits as a payment dispute with Express Scripts cuts revenue.
The world’s largest office products company is trimming stores and focusing on Web commerce and business services.
To celebrate the release date of the all-new iPhone 5 this Friday, Apple will also open five brand-new retail stores that very day in five different countries, including cities in Spain, France, Italy, and Germany. Apple will begin selling the iPhone 5 at 8 a.m. sharp local time in all 390 of its worldwide stores, but five of those stores will be opening their doors for the very first time. Here's a little bit about each of the five Apple Stores set to open later this week. iPhone 5 Release D...
It's that time of the year when retailers operating in the U.S. begin dribbling out statistics on holiday hires, a closely watched batch of communications considered an important economic indicator.
Mamata Banerjee, the chief minister of the state of West Bengal, declared that her party, the All India Trinamool Congress ? currently the second largest segment of the ruling United Progressive Alliance (UPA) coalition ? could no longer cooperate with the UPA.
IGN is claiming that a new, slimmer Playstation 3 will be announced by Sony at the Tokyo Game Show.
Apple fans and phone enthusiasts alike are looking forward to this Friday, the day Apple will finally release its all-new iPhone 5 out into the wild. With pre-orders for the new iPhone selling out in record time, users can't wait to get their hands on all the new features the iPhone 5 has to offer. The iPhone 5 is the first Apple device to run on the company's custom-built A6 chip, which is 22 percent smaller than the A5 and A5X chips found in the iPad 2, iPad 3, Apple TV 2 and iPhone 4S, ...
India's retail inflation rate increased to 10.03 percent in August from 9.86 percent recorded in July, mainly driven by higher food prices, according to the data released by the Ministry of Statistics and Program Implementation.
The tech world is still buzzing over Samsung?s Galaxy S3, but a new rumor suggests that its successor, the Galaxy S4, will have a February 2013 release date. The next-generation flagship smartphone is said to be unveiled at a European technology expo this winter, company officials and local parts suppliers said to the Korea Times.
The world's largest coffee chain has opened a tiny pop-up cafe in a fashionable Tokyo district with an odd ordering process.
Apple?s iPhone 5 has been called one the most anticipated smartphone launch in history, and the device?s pre-order numbers have proven this to be true. After completely selling out in just one hour on Sept. 14, the iPhone 5 set a new pre-order record for both AT&T and Apple.
Asian stock markets ended mixed Monday after they rallied to a four-month high in the previous session following the U.S. Federal Reserve's move to boost growth in the world's largest economy with a third round of bond purchases.
The U.S. stock index futures point to a lower open Monday after the rally seen last week following the announcement of the Federal Reserve's plan to buy mortgage securities.
In a surprise move, the Reserve Bank of India Monday cut the cash reserve ratio by 25 basis points while keeping the other key rates unchanged in its Mid-Quarter Monetary Policy Review 2012.
There were quiet celebrations in the offices of Prime Minister Manmohan Singh late last week after he stunned the country with a slew of steps to revive the tanking economy.
A new study conducted by Microsoft dubbed Operation b70, from Aug. 2011, shows that several computers carry malware installed in the factory, BBC News reported.