NEW YORK - U.S. retailers reported better-than-expected monthly sales figures for a second straight month in April, offering fresh evidence that consumers' willingness to spend is warming up with the spring weather.
Wal-Mart Stores Inc on Thursday reported a stronger-than-expected 5 percent rise in sales at U.S. stores open at least a year in April, helped by demand for Easter merchandise.
Retailers, seeking to cut costs in the economic downturn, need to continue investing in environmental sustainability if they want to retain customers, according to a report published on Wednesday.
Wal-Mart , the world's top retailer, said on Wednesday it has launched a pilot program to open convenience stores in China, seeking to boost its presence in one of the world's fastest growing retail markets.
U.S. supermarket chain Wal-Mart has entered China's convenience store market by opening three shops in the southern city of Shenzhen, a company official said on Wednesday.
Warmer weather and a later Easter likely spurred many U.S. consumers to shop in April, and may lead retailers to post only a very modest decline in monthly sales later this week.
Wal-Mart Stores Inc's U.S. customers are spending more on discretionary items as payroll taxes come down and gasoline prices fall, the head of the discounter's U.S. supercenters said on Wednesday.
Wal-Mart Inc has agreed to revise a plan on a payroll cut involving 2,000 mid-level managers across its outlets in China after a trade union stepped in to mediate, state media reported on Friday.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit on Thursday, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Wal-Mart Stores Inc., the largest U.S. retailer, said Wednesday it plans to nearly double the amount of solar power generated from rooftop panels on its California stores.
Wal-Mart Inc's plan to eliminate jobs at its China unit has met with resistance from the up to 1,400 workers involved, the U.S. retailer said on Tuesday.
Energy giant Exxon Mobil Corp beat discount retailer Wal-Mart Stores Inc to regain the top of Fortune magazine's list of the 500 biggest publicly traded companies, based on revenue.
Energy giant Exxon Mobil Corp beat discount retailer Wal-Mart Stores Inc to regain the top of Fortune magazine's list of the 500 biggest publicly traded companies, based on revenue.
Energy giant Exxon Mobil Corp beat discount retailer Wal-Mart Stores Inc to regain the top of Fortune magazine's list of the 500 biggest publicly traded companies, based on revenue.
Life is not getting easier for the American consumer, according to three big companies whose wares range from fast food to consumer goods to credit cards.
Many economists expect the U.S. recession to end in the second half of this year, but companies catering to consumers showed on Wednesday that the prolonged downturn and rising unemployment are taking a toll on business in the near term.
Many economists expect the U.S. recession to end in the second half of this year, but companies catering to consumers showed on Wednesday that the prolonged downturn and rising unemployment are taking a toll on business in the near term.
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
On Wednesday the head of Wal-Mart Stores Inc said he did not see a quick end to the recession as there was still lot of stress present in the economy.
