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Retail News

Retail news continually updated from thousands of sources around the net.

BusinessFinance Index For 200
Columbia Daily Tribune | 10 minutes ago
Several new variants of a computer worm emerged today to attack corporate networks running the Windows 2000 operating system, just a week after Microsoft Corp.
Big Lots widens loss
Home Textiles Today | 13 minutes ago
Big Lots, Inc. reported a net loss for the second quarter of $13.8 million compared to a net loss of $7.7 million last year.
Electronics
WXWX Oshkosh | 15 minutes ago
Circuit Solutions: Electronic Components We are a distributor of electronic components.
Charming Shoppes 2Q net up 46%, raises Fy Eps guidance
MarketWatch | 9 hours ago
Plus-size women's apparel retailer, Charming Shoppes Inc. , said that second-quarter net income rose 46% to $39.6 million, or 30 cents a share, driven by improvements in its operating margins.2.7
Neiman Marcus Group: Shareholders Ok sale to buyout firms
Chicago Tribune | 9 hours ago
Neiman Marcus Group Inc. shareholders on Tuesday approved the $5.1 billion sale of the luxury retailer to buyout firms Texas Pacific Group and Warburg Pincus LLC, which plan to expand the company as demand for ...2.7
Consumers spending on gas, cutting back on other purchases
The Clarion-Ledger | 9 hours ago
Bob Allsbrook, senior vice president and chief economist at Am-South Bank, said several signs indicate that low-income consumers are feeling the pinch of record gasoline prices.2.7
Inflation up due to gas prices
Contra Costa Times (Registration Required) | 9 hours ago
The Securities and Exchange Commission has told Goodyear Tire & Rubber Co. that SEC staff expects to recommend enforcement action against the nation's largest tiremaker for accounting errors disclosed two years ...2.7
Prices at pump add to economic woes
Contra Costa Times (Registration Required) | 9 hours ago
Consumers in the Bay Area face a triple whammy of gasoline prices, housing costs and higher interest rates as they struggle to stretch their paychecks.2.7
President of Thoratec to leave Pleasanton firm
Contra Costa Times (Registration Required) | 9 hours ago
Grossman will remain at the Pleasanton-based company, which develops treatments for congestive heart failure, to aid the search for a successor.2.7
Retailers see mixed quarterly results
Theeagle.com | 9 hours ago
Wal-Mart Stores Inc. struggled in the second quarter and muted its earnings outlook Tuesday, again blaming higher gasoline prices for curbing the spending plans of its low-income shoppers.4.7
Merck rests its defense in 1st trial over Vioxx
The Boston Globe | 11 hours ago
Wal-Mart Stores Inc. manager. State District Judge Ben Hardin told jurors they would hear closing arguments from attorneys on both sides today, when a state court jury in Angleton, Texas, may begin ...2.7
High energy costs start to take toll on economy
Belleville News-Democrat | 11 hours ago
DALLAS - The U.S. economy has chugged ahead this year despite soaring energy prices ... an important portion of our customer base,"' said Lee Scott, Wal-Mart Stores Inc.2.7
Asian Stocks Decline, Led by Fuji Photo, Esprit, on U.S. Spending Concerns
Bloomberg.com - Asia | 12 hours ago
Asian stocks fell, led by exporters such as Fuji Photo Film Co. and Esprit Holdings Ltd., after U.S. retailers including Wal-Mart Stores Inc.2.7
Fuel Prices Put Dent in Wal-Mart's Outlook
KWBP | 12 hours ago
Fuel Prices Put Dent in Wal-Mart's Outlook The retailer's earnings indicate energy costs are beginning to affect consumer spending.3.1
Retailers offering teachers more than shiny apples
The Boston Globe | 12 hours ago
Retailers are this year's teacher's pets. Office-supply chains and national discount stores are ... Hoyt plans to attend a teacher appreciation day at a Staples in Waltham this month, where the company is offering new coupon packets with exclusive savings for teachers.2.7
New plans in works for site once pursued by Wal-Mart
Winston-Salem Journal | 12 hours ago
A site along on Reynolda Road once sought for a Wal-Mart Supercenter may be developed into condominiums and town houses.2.7
Nordstrom earnings up despite July sales scare
The Seattle Times | 13 hours ago
Nordstrom investors had a scare in July. Following a protracted string of sparkling results, the upscale fashion retailer turned in monthly sales that fell short of analysts' expectations.2.7
LG Electronics, Nortel to Form $295 Million Telecommunications Venture
Bloomberg.com | 14 hours ago
LG Electronics Inc., the world's fourth-largest mobile phone maker, and Canada's Nortel Networks Corp.5.4
Unilin claims patent breach
Winston-Salem Journal | 13 hours ago
The U.S. International Trade Commission is investigating a patent-infringement case involving a laminate-flooring manufacturer that has a Triad plant and a Winston-Salem supply company as a respondent.3.1
Sears Consolidates Advertising With Y&R;
DM News | 14 hours ago
Sears, Roebuck and Co. will consolidate all advertising for the retailer and its brands under one agency, Young & Rubicam, the Hoffman Estates-based subsidiary of Sears Holdings Corp.4
Dollar issue is retail, not residents
Medina County Gazette | 14 hours ago
After reading the Aug. 10 letter from Joe Bialek regarding his opinion of Medina residents as absentee landlords and NIMBYS, I felt compelled to respond.2.7
Mourning Continues For Young Tri-state Marines
WCPO9 Cincinnati | 15 hours ago
A Marine who lived in West Chester and grew up believing there were some things worth living for, some worth fighting for -- and if need be -- some worth dying for, has now been laid to rest.2.7
Best Buy Caters to Customers
The Washington Post | 16 hours ago
SANTA ROSA, Calif. -- Store manager Jenine Bryant scanned the entrance of the Best Buy, sizing up each customer who passed through.2.9
Regrets, I've Had a Few, But Then Again...1-2-3-4
City Pages | 17 hours ago
This is not meant to be an attack on Abercrombie & Fitch. The manic tendency I'm about to describe has proved equally necessary at the Gap, Banana Republic, and countless other retail outlets where perky young ...2.9
Gun Found On Cargo Plane Pilot At Airport Checkpoint
WCPO9 Cincinnati | 15 hours ago
Sources tell 9News that the pilot was attempting to pass through the security checkpoint when he was found with the gun.2.7
Wall Street woes weigh down market
Theedgedaily.com | 17 hours ago
The market was broadly lower in early trade on Aug 17, as investors' already cautious sentiment ... In New York, US stocks dropped on Tuesday, with the Nasdaq and the S&P; 500 in their biggest one-day percentage declines since April, after Wal-Mart Stores Inc warned rising oil prices were taking a toll on consumer spending.2.7
Marshall Field's plans upgrade
Star Tribune | 17 hours ago
Like a fashion designer about to unveil a new collection, Marshall Field's apparently is trying to generate buzz by sharing as little as possible about imminent plans to upgrade its downtown store.2.7
Australia's Foodland Sees Rise in Q4 Sales
Asia Pulse via Yahoo | 17 hours ago
Perth-based Foodland also reported a 7.6 per cent rise in annual sales from ongoing operations to $6.33 billion.4
Topics: Grocery
NURFC Receives Grant From Dept. Of Education
WCPO9 Cincinnati | 17 hours ago
The National Underground Railroad Freedom Center now has an additional million dollars in its coffers.2.7
CIBC pulls the plug on Amicus division
Globeinvestor.com | 17 hours ago
CIBC created Amicus several years ago to oversee President's Choice Financial, a joint venture with grocery retailer Loblaw Cos.2.7
Borders Income Plunges on Weak UK Sales
SNN | 18 hours ago
Net income fell 84 percent at Borders Group Inc. due to a sales shortfall in the United Kingdom and the book retailer's store remodeling program.3.5
Two Connected To Hiring Probe Appear At Grand Jury
WCPO9 Cincinnati | 18 hours ago
Two cabinet contacts for Governor Fletcher's "personnel initiative" that prosecutors have say was designed to circumvent hiring laws appeared before a special grand jury today.2.7
Internet Sales Boost JCPenney's Fortunes
Direct | 19 hours ago
J.C. Penney Co. reported $4.12 billion in sales during second quarter 2005, a 5.4% increase from second quarter 2004.2.7
Topics: JC Penney, Plano
Updates, advisories and surprises
Investor's Business Daily | 21 hours ago
Culp Inc. after Tuesday's closing bell said that it plans to cut 100 jobs as part of a move to reduce its U.S. yarn manufacturing operations.2.7
Taft Supports Providing Students With Theories Critical Of Evolution
WCPO9 Cincinnati | 18 hours ago
Gov. Bob Taft said on Tuesday that while evolution should be taught in public schools he also supports providing students with theories critical of evolution.2.7
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PETCO Schedules Second Quarter 2005 Earnings Release
PR Newswire via KeepMedia.com | Friday Aug 12
A simulcast, or replay, of the conference call over the Internet will be available via the company's website at www.petco.com.
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Inflation surge casts doubt on Bank decision to cut rates
The Belfast Telegraph
JPMorgan to pay Enron $350 mil., drop some claims
Chicago Sun-Times
 
Lions Gate backs Blu-ray DVD technology
Reuters
Network Appliance in after-hours spotlight
MarketWatch
American Apparel's Wrinkles
Utne Reader
Clorox Products Manufacturing Co. in Pearl set to layoff about 60
WMC
'Zoom' Lawsuit Resolved
Zap2it
 
POS terminals and stations.
 
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