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Costco Q4 profit jumps 27%
October 10, 2012

Issaquah, Wash. -- Costco Wholesale Corp. reported Wednesday that net income for the quarter ended Sept. 2 jumped 27% to $609 million, from $478 million in the year-ago period. The warehouse club operator credited strong sales and higher member fees for...

Shopko names interim CEO
October 10, 2012

No related items were found. Green Bay, Wis. -- Shopko Stores announced Wednesday that Mike Bettiga has been named interim CEO to replace Paul Jones, who resigned to pursue another opportunity. Bettiga is a 35-veteran of the company, and most recently...

Target Opens First C9 Apparel Store
October 10, 2012

SAN FRANCISCO — Target Corp. has built C9 by Champion into a $1 billion brand within its doors and will soon see how the activewear label performs beyond those barriers.

Best Buy Exec: Here's the Truth About ‘Showrooming’
October 9, 2012

There's been a lot of hype around the battle between physical stores and the online realm. There's the rise of showrooming (i.e., consumers trying out merchandise in-store then going online to buy it), the inability to match prices and a whole plethora of other issues that are seemingly killing brick-and-mortar retailers.

10 Once-Great Retailers That Are Now Pop-Up Halloween Shops
October 9, 2012

The scariest part of Halloween shopping isn't the pop-up stores full of movie tie-ins and slutty tollbooth collector costumes dotting the nation's half-dead shopping centers, but the tombstones of retailers past hidden by their temporary tarp banners. Halloween is about as good a time as any to take U.S. retail's preholiday temperature. For some unfortunate retailers, the result comes back as cold as a corpse. Even as the National Association of Realtors predicts retail vacancy rates will improve from 12 percent to 11 percent this year, some stores just aren't cutting it.

Zara Home Debuts with E-Commerce in the US
October 9, 2012

NEW YORK, Oct. 9, 2012 /PRNewswire/ -- Zara Home, Inditex's commercial concept specializing in home decor, is making its US e-commerce debut on October 9th at www.zarahome.com. The product range at the US online store will feature home textiles: bed, bath...

Facebook tests 'want' button to boost retail on site
October 9, 2012

Facebook is testing a new "want" button with a group of retailers in the US, which will allow users to create shopping wishlists as it looks to beef up its ecommerce offering. The new Collections feature helps retailers promote their products. As well as...

Extravagant gifts likely in Neiman Marcus' catalog
October 9, 2012

DALLASIf you're in search of an extravagant holiday gift, something like a $1 million fountain, look no further. Dallas-based luxury retailer Neiman Marcus will be offering up ideas Tuesday when it unveils its annual Christmas Book. The catalog is known...

Sears Completes Offering for Spin-Off
October 9, 2012

Sears Holdings Corp. (NASDAQ: SHLD) announced this morning that it has completed the subscription period for its rights offering that will spin off the company's Sears Hometown and Outlet stores. The rights offering was fully subscribed by the announced...

Walmart Workers Go On Strike
October 9, 2012

Salon reports that for the second time in Walmart’s 50-year history, its workers have left theirs posts to go on strike as a way to protest what they say is miniscule compensation. One worker said that: after three years at Walmart, he makes $8.90 an...