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Retail News

Retail news continually updated from thousands of sources around the net.

40 min ago | Silicon Alley Insider

GameStop Second-quarter Sales Beat Expectations; Shares Rise

GameStop Corp on Thursday reported its quarterly revenue surged by 25 percent over the prior year, topping expectations, buoyed by the success of new game releases as well as solid sales of gaming hardware from Microsoft and Sony Corp. Revenue for the fiscal second quarter ended Aug. 2 rose to $1.73 billion.

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Related Topix: GameStop, Ubisoft, Watch Dogs, Video Games, Microsoft Xbox

4 hrs ago | Monterey County Herald

Usa Today Best-Sellers

Reporting stores include: Amazon.com, Amazon Kindle, Barnes & Noble.com, Barnes & Noble Inc., Barnes & Noble e-books, BooksAMillion.com, Books-A-Million, Bookland and Books & Co., Costco, Davis-Kidd Booksellers , Hudson Booksellers, Joseph-Beth Booksellers , Kobo, Inc., Powell's Books , Powells.com, R.J. Julia Booksellers , Schuler Books & Music , ... (more)

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Related Topix: Amazon, Barnes and Noble, BooksAMillion, Lexington, KY

8 hrs ago | Brandon Sun

Home Depot says US retail head Craig Menear will become CEO; Frank Blake will remain chairman

Home Depot says Craig Menear, the president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Frank Blake has been Home Depot's chairman and CEO since 2007, and he will remain chairman of the company.

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Related Topix: Household Products, Home Depot

8 hrs ago | Cybercast News Service

Gap reports higher profit, plans India expansion

Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

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Related Topix: Apparel, GAP

11 hrs ago | San Jose Mercury News

Retailers offer online paths to back-to-school savings

In this July 30, 2014 file photo, Jill Courtney, right, shops for school supplies for her sons, Will, left, and Reid, not seen, at a Target store in St. Joseph, Mo.

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Related Topix: Target, St. Joseph, MO, Publishing, Media, Television, Ottaway Newspapers, Fox Filmed Entertainment, FOX News Network

14 hrs ago | WLS-AM Chicago

EMILY's List Drops Big Money in Georgia Senate Race

There's a new big spender in Georgia. EMILY's List, the political action committee that supports pro-abortion-rights Democratic female candidates, has bought $1 million of air time in Atlanta's media market to run a TV ad attacking the business record of Republican Senate candidate and former Dollar General CEO David Perdue, the group told ABC.

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Related Topix: US Politics, Jack Kingston, US News, Republican, US House of Representatives, US Senate, Saxby Chambliss, Georgia, Dollar General

18 hrs ago | Nanaimo Daily News

Sears 2nd-quarter loss widens as retailer continues to deal with sluggish sales

The retailer - which runs Sears and Kmart stores - lost $573 million, or $5.39 per share, for the period ended Aug. 2. That compares with a loss of $194 million, or $1.83 per share, a year earlier.

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Related Topix: Sears, Hoffman Estates, IL

21 hrs ago | Silicon Alley Insider

Dollar General Questions Motives Of Family Dollar CEO

Chief Executive Howard Levine was being driven by self-interest in his support of a proposed takeover of his company by Dollar Tree Inc Dollar General, which has made its own offer to buy Family Dollar, also alleged it had been led astray by Levine in talks on a potential buyout, notably during a meeting on June 19. "At no time during this meeting ... (more)

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Related Topix: Family Dollars Stores

Wed Aug 20, 2014

Business Journal

Whole Foods, Trader Joe's affected by peanut-, almond-butter recall

Shoppers at Whole Foods Market and Trader Joe's could be affected by a nationwide voluntary recall of peanut butter and almond butter.

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Related Topix: Whole Foods Market, Grocery, 38 Studios, Food and Drug Administration

Reuters

Ex-Aeropostale executive gets 8 years prison over kickbacks

Christopher Finazzo, a former executive vice president and chief merchandising officer at Aeropostale, was also ordered by U.S. District Judge Roslynn Mauskopf in Brooklyn, New York, to forfeit more than $25 million and pay the company $13.7 million in restitution.

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Related Topix: Apparel, Aeropostale, Brooklyn, NY, New York, NY, Blue Valentine

Daily Herald

Staples to shut 140 north america stores in 2014 as sales stall

Staples Inc. plans to shut about 140 stores in North America this year as the office-supply retailer responds to online competition that has hurt sales.

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Related Topix: Office Equipment, Staples

Nanaimo Daily News

Barnes & Noble, Samsung introduce new co-branded tablet for $179

Barnes & Noble and Samsung on Wednesday unveiled a new co-branded tablet called the Samsung Galaxy Tab 4 Nook that will replace B&N's own Nook tablets.

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Related Topix: Barnes & Noble, Barnes and Noble, Cameras, Google, Startups

Cybercast News Service

Florida couple accused of child neglect

A man and woman from central Florida are accused of child neglect after a child was found sleeping in their vehicle while they shopped at a Kohl's department store.

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Related Topix: Kohls, KSS Retail

Bellingham Herald

Target cuts annual profit outlook

Revenue rose 1.7 percent to $17.4 billion, slightly above the $17.38 billion estimate from FactSet.

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Related Topix: Target

Business Journal

Target cuts outlook as data breach costs hit earnings again

Target Corp. lowered its earnings projections for the rest of the year as it continues to cope with costs from last year's data breach and soft business in Canada.

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Related Topix: Target

Globe and Mail

Lowe's beats expectations, but cuts sales forecast

Lowe's Cos. Inc., the world's No. 2 home improvement products retailer, reduced its sales forecast for the full year, sending its shares down 4 per cent in pre-market trading.

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Related Topix: Household Products, Home Depot

Journal Gazette

'Dressy' sweats instead of skinny jeans could bring thighs of relief for women - and retailers

If you are interested in this story, you might be interested in others from The Journal Gazette.

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Related Topix: Fort Wayne, IN, GAP, Apparel, NPD Group, Advertising

Tue Aug 19, 2014

Bradenton.com

Macy's to pay $650,000 in shopper-profiling probe

Under the agreement signed Tuesday with New York's attorney general, the company will adopt new policies on police access to its security camera monitors and against profiling, further train employees, investigate customer complaints, keep better records of detentions and report for three years on its compliance.

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Related Topix: Bloomingdales

Brandon Sun

PetSmart to consider selling itself after pressure from investors, says it plans to cut costs

The pet supply chain said that it will weigh "strategic alternatives" after a board review that included conversations with shareholders.

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Related Topix: PETsMART, Pets

NewsOK.com

PetSmart to consider selling itself

The pet supply chain said Tuesday that it will weigh "strategic alternatives" after a board review that included conversations with shareholders.

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Related Topix: PETsMART, Pets

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