Retail
Retail Articles
Amazon announced Tuesday morning that the company is raising its minimum wage for all U.S. employees to a minimum of $15 an hour. The change takes effect November 1. Some would say it's about time.
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Amazon has been hit by a powerful new accusation of selling counterfeit goods. Caveat emptor.
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A total of 60 major U.S. retailers have already announced that stores won't be open on Thanksgiving Day. More are expected to join the list in the next few weeks.
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Sears stock hit an all-time low under $1 a share on Friday. The company faces immediate liquidity troubles and unless it can lift its share price, a potential delisting by Nasdaq.
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It seemed that Walmart shares were on the right track after its most recent earnings report. But its good quarter has been buried by Amazon's success.
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Bed Bath & Beyond shares tumbled after it released disappointing fiscal second-quarter financial results.
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Michael Kors announced early on Tuesday that it would be acquiring the Italian luxury fashion house Gianni Versace and adding it to its portfolio. The combined company will be changing its name...
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Ascena Retail Group released its fiscal fourth quarter financial results after the markets closed on Monday. The company said that it had $0.07 in earnings per share (EPS) and $1.77 billion in...
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Sears has been circling the drain for some time now, but with its most recent move it’s looking to stave off bankruptcy yet again.
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The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Walmart Inc (NYSE: WMT) which claims the world’s largest retailer “refused to accommodate workers’...
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There may be retailers worst off than Pier 1 Imports, Inc (NYSE: PIR), but they can be counted on one hand. Very poor results knocked the stock to just above $1, down from a 52-week high of $5.92....
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Another forecast is in, this one from Deloitte, indicating that the 2018 holiday shopping season will be a good one for retailers. E-commerce is set to jump by double digits again and may total more...
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McDonald's is living up to its reputation as a dividend hiker yet again. The company also issued some financial targets for 2019.
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Prolonged tariffs could undermine Walmart's financial results, and along with that its share price. This year's holidays, so critical to retailer profits, may be rough for Walmart.
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Amazon announced a new "$10 and under" site today. The company has sold inexpensive goods for years, but now it is collecting some in a separate store and offering free shipping.
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