WALMART

Microsoft stores to open near Apple stores in fall

IBTimes Logo
Microsoft Corp will open stores close to those of Apple Inc this fall, according to its chief operating officer, as it looks to win back the initiative in the battle for Main Street PC and gadget buyers.

Metro invests 80m euros to expand in China

IBTimes Logo
German-based retailer giant Metro Group will invest 80 million euros ($112.3 million) in China to open four more stores there this year, Tianle Cai, chief executive of Metro China, announced on Thursday.
IBTimes Logo

June rains, penny-pinching dampen retail sales

June sales fell for most U.S. retailers as the plunging job market and cool, rainy weather dampened interest in summer shopping for consumers, triggering concern about the back-to-school season.
More news
IBTimes Logo

Alice aims to change household shopping habits

A new website wants consumers to browse virtual shelves of everything from diapers to shampoo, a move that if successful would mark a major shift in the way most Americans buy household products.
IBTimes Logo

Wal-Mart should modify Unbeatable ads: group

Wal-Mart Stores Inc needs to make its price-matching policies clearer and stop claiming in a television commercial that viewers can save more than $700 a year buying groceries in its stores, an advertising industry self-regulating group said on Monday.
IBTimes Logo

Walgreen profit slips, hit by inventory revamp

Walgreen Co posted a steeper-than-expected drop in quarterly profit on Monday as it wrote down the value of items being taken off its shelves as part of store makeover aimed at winning over shoppers.
IBTimes Logo

Best Buy sales, forecast disappoint, shares fall

Best Buy Co Inc posted lower first-quarter earnings and weaker-than-expected sales on Tuesday and implied earnings for the rest of the year would be worse than forecast, dragging its shares down more than 7 percent.
IBTimes Logo

Best Buy posts lower quarterly profit, keeps view

Best Buy Co Inc maintained its forecast for the year after posting lower first-quarter earnings on Tuesday, dragging its shares down 3.5 percent even though the profit topped analysts' expectations.
IBTimes Logo

Best Buy sales and forecast disappoint, shares fall

Best Buy Co Inc posted lower first-quarter earnings and weaker-than-expected sales on Tuesday and also implied earnings for the rest of the year would be worse than forecast, dragging its shares down 3 percent.
IBTimes Logo

Lower open eyed as commodities, Wal-Mart weigh

U.S. stocks headed for a sharply lower open on Monday as a resurgent U.S. dollar drove a pullback in the price of oil and other commodities, while a broker downgrade hurt shares of Wal-Mart Stores Inc .
IBTimes Logo

Back-to-school shopping to test retail resilience

As students study for final exams, the retail industry is gearing up for its biggest test so far this year -- the back-to-school shopping season. After cutting costs to cope with slack consumer demand during the recession, retailers hope the economy will start to recover in the second half of the year.
IBTimes Logo

Wal-Mart unveils big buyback

Wal-Mart Stores Inc's announced a new $15 billion share repurchase plan on Friday and said market share gains it has made amid the recession are permanent as a new normal emerges in which consumers seek to save money.
IBTimes Logo

Policy-makers say worst may be past

U.S. employers last month cut the fewest jobs since September and international policy-makers said the worst of the downturn may be over as more positive corporate news popped up around the globe.
IBTimes Logo

Dow edges up as S&P, Nasdaq dip

The Dow industrials ended slightly higher on Friday while the S&P 500 and the Nasdaq dipped as investors paused to consider conflicting signals in monthly U.S. jobs data. Investors also sold some recent winners to take some profits from the spring rally.
IBTimes Logo

Oil, global stocks gain on strong U.S. jobs data

Global stocks edged higher and the U.S. dollar gained against the euro and yen on Friday after the pace of U.S. job losses slowed sharply in May, adding to growing sentiment that the economic slowdown may be turning.
IBTimes Logo

Wal-Mart sets new $15 billion share buyback plan

Wal-Mart Stores Inc's announced a new $15 billion share repurchase plan on Friday and said market share gains it has made amid the recession are permanent as a new normal emerges in which consumers seek to save money.
IBTimes Logo

Wall Street rises, Wal-Mart boosts Dow

U.S. stocks rose in choppy trading on Friday as investors grappled with conflicting monthly jobs data, with the Dow industrials boosted after Wal-Mart said it was buying back more of its shares.
IBTimes Logo

Wal-Mart annual meet features cheers, Ben Stiller

Wal-Mart Stores Inc's annual meeting got under way on Friday amid raucous cheers as the world's largest retailer celebrates the gains it has made expanding its business despite a global economic downturn.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.