Most U.S. retailers posted lower March sales at stores open at least a year, as shoppers remained focused on necessities and put off spring purchases because of a later Easter holiday this year.
Wal-Mart Stores Inc on Thursday reported March same-store sales.
Wal-Mart Stores Inc reported a lower-than-expected 1.4 percent rise in March sales at U.S. stores open at least a year, but the discount retailer said it expected quarterly earnings to be at the high end of its forecast.
Wal-Mart Stores Inc reported a lower-than-expected 1.4 percent rise in March sales at U.S. stores open at least a year, but the discount retailer said it expected quarterly earnings to be at the high end of its forecast.
Grocery sales
Major U.S. retailers likely ended March with lackluster sales as consumers put off Easter and Spring purchases for April.
Major U.S. retailers likely ended March with lackluster sales as consumers put off Easter and Spring purchases for April.
A California nut grower and processor issued a nationwide recall of pistachios on Tuesday due to possible salmonella contamination, and authorities said consumers should avoid all pistachio products until more information was available.
Wal-Mart Stores Inc is closing an optical lab in Ohio that employs roughly 650 workers, the world's biggest retailer said on Friday.
Best Buy Co posted a 23 percent drop in quarterly profit, but its shares rose after the retailer's adjusted results topped Wall Street estimates, and it forecast full-year profit above expectations as it benefits from the closure of former rival Circuit City.
Best Buy Co posted a 23 percent drop in quarterly profit on Thursday, but its adjusted results topped Wall Street estimates, helped by better-than-expected consumer demand and strong sales of mobile phones.
Wal-Mart Stores Inc , said on Wednesday that it is launching Your Zone, a new line of home furnishings aimed at teenagers.
Walgreen Co posted a better-than-expected quarterly profit on Monday as the drugstore chain controlled costs even as consumers cut back on discretionary buying.
Walgreen Co posted a lower quarterly profit as the company spent more to promote nonprescription items amid the weak economy while also taking charges for a restructuring aimed at saving money long-term.
Walgreen Co posted a lower quarterly profit as the company spent more to promote nonprescription items amid the weak economy while also taking charges for a restructuring aimed at saving money long-term.
Walgreen Co posted a better-than-expected quarterly profit as the drugstore chain's restructuring efforts paid off even as consumers cut back on discretionary buying, sending its shares up 5 percent in premarket trading.
Starbucks, Costco Wholesale Corp and Whole Foods Market are joining forces to propose alternatives to a bill that makes it easier for workers to unionize but is strongly opposed by U.S. corporations.
Chinese health authorities said on Saturday that they had found no evidence of cancer-causing chemicals in baby products made by U.S. company Johnson & Johnson.
What a difference a year -- and a recession -- makes for the food industry.
Wal-Mart Stores Inc said on Monday it hired former Michaels Stores Inc Chief Executive Brian Cornell as the president and CEO of its Sam's Club warehouse business, effective April 3.
U.S. retailers posted better-than-expected February same-store sales on Thursday due to a strong gain at discounter Wal-Mart Stores Inc , which said lower gasoline prices had loosened some household budgets.
Top U.S. retailers saw anemic same-store sales in February as shoppers kept a tight hold on spending, but Wal-Mart Stores Inc again beat expectations and said lower gasoline prices had relaxed some household budgets.