General Merchandise Stores

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Wal-Mart spent $1.78 million lobbying in 4Q

AP News 10 days ago

Wal-Mart spent $1.78 million lobbying in 4Q on health care reform, credit card issues Wal-Mart Stores Inc., the world's largest retailer, spent nearly $1.78 million lobbying in the fourth quarter on a wide range of issues from health care reform to organized ...

Earnings roundup: Celera, Take-Two Interactive

AP News 17 days ago

Earnings roundup: Celera posts 4Q profit, Take-Two Interactive posts smaller loss in 1Q Among the earnings stories for Wednesday, March 3, from AP Financial News: ALAMEDA, Calif. (AP) — Celera Corp., a laboratory testing products and disease management services company, reported a ...

Earns Costco

AP News 17 days ago

Shopping carts shown at Costco in Mountain View, Calif., Wednesday, March 3, 2010. Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, helping send the warehouse club operator's profit up 25 percent.(AP Photo/Paul Sakuma) ...

Wholesale clubs grow as supermarkets slide

AP News 17 days ago

Whoelesale club operators see steady but modest gains against grocers PORTLAND, Ore. — A steady stream of shoppers looking for deals on necessities has helped wholesale club operators Costco Wholesale Corp. and BJ's Wholesale Club Inc. deliver profit gains while many of ...

Costco, BJ's miss profit estimates, Big Lots beats

Reuters US Online Report Business News 17 days ago

SAN FRANCISCO/NEW YORK (Reuters) - A revival of consumer cost concerns did not boost results enough for the biggest U.S. warehouse clubs, as margin constraints weighed on Costco Wholesale Corp <COST.O>, while BJ's Wholesale Club Inc<BJ.N> faced pricing pressure from rival supermarket ...

Costco posts higher profit

Reuters US Online Report Business News 17 days ago

(Reuters) - Costco Wholesale Corp <COST.O> on Wednesday reported a higher quarterly profit for its holiday quarter, helped by more shoppers coming into its stores and improved sales of discretionary items, like home decor and clothes. The No. 1 U.S. warehouse club ...

Snow may have slowed retail sales

Reuters US Online Report Business News 18 days ago

CHICAGO (Reuters) - Record snow along the U.S. East Coast and other regions likely muted retail sales in February, limiting increases in what was expected to be an easy month for retailers to show big gains over last year. Retailers that were ...

RadioShack revenue tops Street view; shares soar

Reuters US Online Report Business News 24 days ago

<div><p>NEW YORK (Reuters) - Electronics chain RadioShack Corp &lt;RSH.N&gt; posted quarterly revenue that topped Wall Street expectations, helped by its push in mobile phones and calling plans, sending its shares up 16 percent to a year high.</p><p>Net sales totaled $990 million, well ...

Retailer Target Corp. cuts 85 jobs in marketing

AP News 24 days ago

<div id="subtitle">Retailer Target Corp. cuts 85 marketing jobs in department reorganization</div><div><p>Retailer Target Corp. said Thursday it is cutting some 85 marketing jobs, representing about 8 percent of its 1,100 employees in that department.</p><p>The company said in a statement ...

Wal-Mart announces second round of toy price cuts

Reuters US Online Report Domestic News 24 days ago

<div><p>NEW YORK (Reuters) - Wal-Mart Stores Inc on Monday announced its second round of price cuts on toys as the world's biggest retailer backs up its intention to be the "price leader" this holiday shopping season.</p><p>U.S. Walmart stores are cutting prices on ...

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