Retail Trade

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Earnings roundup: Xoma, Pacific Sunwear

AP News 5 hours ago

Earnings roundup: Xoma 4Q profit falls on weak contract revenue, Pacific Sunwear loss widens Among the earnings stories for Thursday, March 11, from AP Financial News: BERKELEY, Calif. (AP) — Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract ...

S&P 500 hits 17-month high as banks lift Wall St

Reuters US Online Report Business News 5 hours ago

NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy. Financial stocks added to recent ...

Books-A-Million 4Q profit up, will pay dividend

AP News 6 hours ago

Books-A-Million chain book store recorded higher 4Q profit and announced a dividend Chain book store Books-A-Million Inc. reported Thursday that its profit edged up slightly in the fourth quarter despite a drop in sales. The company said it earned $11.9 million, or ...

Kroger declares quarterly dividend of 9.5 cents

AP News 6 hours ago

Kroger declares quarterly dividend of 9.5 cents The Kroger Co., the country's largest grocery retailer, on Thursday declared a quarterly dividend of 9.5 cents per share payable June 1 to shareholders of record as of May 14. Shares of Kroger were down ...

Kroger Gas Lawsuits

AP News 9 hours ago

A gasoline pump screen at a Kroger Co. gas station asks if the customer participates in the company's fuel program, Thursday, March 11, 2010, in Cincinnati. Texas-based Excentus Corp. has filed federal suit in Texas against Cincinnati-based Kroger saying it's patents are ...

Texas company, Kroger in legal fight

AP News 9 hours ago

Texas pump discounts company alleges Kroger violates its patents in gas rewards program A Dallas area company charges that Kroger Co. is ripping off its technology and methods in the grocery chain's popular gasoline discount rewards program. Irving, Texas-based Excentus Corp. has ...

On the call: Larry Pope CEO Smithfield Foods

AP News 9 hours ago

Smithfield CEO discusses pork pricing and retailers When Smithfield Foods Inc. reported its third-quarter results Thursday, it said it has seen pork prices rising in the past month. As prices come up, meat companies are likely to pass those increases along to ...

H and M Open First Store In Israel

Getty Images 14 hours ago

TEL AVIV, ISRAEL - MARCH 11: An Israeli woman wears a shirt with a slogan as she waits for hours outside the new H & M (Hennes & Mauritz AB) outlet of the Swedish-based clothing chain for it to open on March ...

Wal-Mart spent $1.78 million lobbying in 4Q

AP News yesterday

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 ...

Amazon ruffles Canadian feathers with depot plan

Reuters US Online Report Technology News yesterday

TORONTO (Reuters) - Internet retailer Amazon.com has smashed up against Canadian pride in its efforts to open a distribution center in Canada, as booksellers grumble that it can't understand the role of Canadian culture. "Individual Canadian booksellers have traditionally played a key ...

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