Friday promises to be a big day in Wasilla, Alaska, as the town receives the distinction of being the location of the 5,000th AutoZone store. A presentation and ribbon cutting ceremony to be held Friday afternoon will be attended by U.S. Senator Lisa...
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Phoenix -- PetSmart reported Wednesday that net income for the second quarter surged 31% to $79 million, from $61 million in the year-ago period. Sales advanced 9% to $1.6 billion, and same-store sales grew 7.0%. “Our performance in the second quarter...
Framingham, Mass. -- Staples reported Wednesday that profit for the quarter ended July 28 plummeted 32% to $120.4 million from $176.4 million, prompting the office supply retailer to cut its full-year guidance. Soft sales and slowed traffic in North...
Toronto -- Sears Canada reported Wednesday a loss of $9.8 million in the second quarter, widened from a loss of $200,000 in the year-ago period. Revenue fell 8.5% to $1.050 billion, from $1.148 billion. Same-store sales dropped 7.1%. The retailer...
Outdoor equipment retailer Cabela's has seen a big payoff from upping its brick-and-mortar presence and moving away from its roots as a cataloger. While Cabela's traces its roots to selling outdoor gear via its iconic catalog, its growing base of retail stores have become popular destinations for outdoor enthusiasts looking to stock up on hunting, fishing, camping and related gear. It's not unusual for thousands of consumers to line up hours before Cabela's opens the doors to a new store for the first time, says Chief Financial Officer Ralph Castner.
Kohl's is embracing the digital revolution as best it can. From e-commerce sales to CapEx IT spending, the retailer is increasing its numbers. For the quarter ended June 30, 2012 e-commerce sales increased 39% over the second quarter of 2011 to $237...
Bentonville, Ark. -- Wal-Mart Stores Inc. indicated Tuesday it has received the OK from Chinese regulators to move forward with its majority stake in e-commerce company Yihaodian. According to a report by Wall Street Journal, which cited a Wal-Mart...
WASHINGTON (Reuters) - Two U.S. House Democrats investigating bribery allegations in Wal-Mart's Mexico affiliate said on Tuesday they have obtained new internal records that may point to evidence of tax evasion and money laundering. Reps. Elijah Cummings...
Share This Story DALLAS, Aug. 14, 2012 /PRNewswire/ -- Horchow announced today that Sally Horchow, 42, will be joining the company as the brand's Lifestyle Director. Founded by Roger Horchow in 1973, The Horchow Collection was the first luxury mail-order...
New York City -- The New York Post reported Tuesday that Sears Holdings Corp. may be mulling over a sale of its Lands End unit. The move would dovetail with the massive restructuring effort the company has launched. According to the report, chairman...