3 hrs ago | Fox News
Wal-Mart First-Quarter Profit Up 6.9% Wal-Mart Stores Inc., the world's largest retailer, said Tuesday its profit rose 6.9% in its first quarter on higher sales as lower prices helped boost its results, topping ... via Fox News
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Retail Forum & Polls8 hrs ago | Bloomberg Business News
Staples Increases Offer for Netherlands' Corporate Express to $2.3 Billion
Staples Inc ., the world's largest office-supplies retailer, increased its bid for Corporate Express NV by 10 percent to 1.46 billion euros after the Dutch company rejected an initial offer as being too low. via Bloomberg Business News
12 hrs ago | The West Australian
Harvey Norman Q3 sales up 6.4%
Australia's biggest electronics retailer, Harvey Norman Holdings Ltd, has booked a lift in sales over the last four months, despite a softening retail market. via The West Australian
16 hrs ago | Log Cabin Democrat
Meat co.'s CFO leaving to take Walgreen Co. post
The chief financial officer of Tyson Foods Inc., Wade Miquelon, is leaving the company to take a similar job at Walgreen Co., the nation's largest retail pharmacy chain, according to an announcement Monday from ... via Log Cabin Democrat
20 hrs ago | Scientific American
Web start-up unveils semantic Wikipedia search tool
“Someone like Microsoft might want to buy Powerset.”
Powerset on Sunday unveiled tools for searching Wikipedia that use conversational phrasing instead of keywords, marking the first step of its challenge to established Web search services such as Google. via Scientific American
Yesterday | MarketWatch
AnnTaylor raises forecast, abandons new concept; shares jump
AnnTaylor Stores Corp.'s first quarter profit will exceed its previous forecast because of stronger results at its Loft apparel chain as well as better expense and inventory control, the company said Monday. via MarketWatch
Yesterday | The Associated Press | Posted by The Associated Press
Pollo Campero opens franchise in US Wal-Mart store
“They always said that they had a very big Hispanic component in their customer base”
Pollo Campero, a Latin American fried-chicken favorite that had been seen in the U.S. only in takeout boxes aboard arriving flights, has teamed up with Wal-Mart to expand its reach to the nation's growing Hispanic population.
A restaurant bearing the Guatemalan chain's mascot chicken in a cowboy hat now sells its famed product inside a Wal-Mart Supercenter in Rowlett, Texas. Officials with the chain's fledging U.S. arm, Campero USA Corp., hopes to expand its reach into more than 20 Wal-Mart locations across the country by the end of 2009. Read more
Yesterday | Valley Morning Star
Educators urge Legislature to give more money
“You have to be a booster for your space”
Educators from public school districts to higher education institutions across South Texas are all making the same plea to the state: Give us more money. via Valley Morning Star
Yesterday | Reuters
Royal jewels, rare watches to test auction market
“People are looking to diversify their portfolios and our clients also see works of art as a hedge against inflation”
Auction houses offering royal jewels and rare luxury watches in Geneva next week shrug off any suggestion that the global economic downturn will dampen what they say is still a strong market for high-end ... via Reuters
Sunday | The South Mississippi Sun Herald
Retailers likely to post grim 1st-quarter results
“I don't see any fundamental changes that are going to loosen up the wallet for consumers”
Sales clerk Luis Sanchez, center, smiles as he checks out a customer at a Costco warehouse store Thursday, May 8, 2008, in North Miami Beach, Fla. via The South Mississippi Sun Herald
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