1 hr ago | International Business Times
October retail sales fall short for many
U.S. retail chains reported October sales that rebounded from the lows of a year ago but many failed to surpass Wall Street's boosted expectations as consumers spend selectively headed into the holiday season.
Stocks jump on jobs, retail reports
NEW YORK a ' Encouraging news on jobs and workers' productivity gave investors new reason to be optimistic about the economy and send stocks to big gains.
Retail sales: Signs of life, but not yet a rising tide
Filed under: Wal-Mart , Target Corp. , Costco Wholesale , Gap Inc , Nordstrom, Inc There's a chill in the air and a slight up-tick in confidence.
Are the upscale grocery chain's best days behind it? Fourth-quarter net income soared to $36.4 million, or $0.20 per share, from the year-ago $1.5 million, or $0.01 per share.
Nordstrom Oct. same store sales up 6.5%
Upscale retail chain Nordstrom Inc. said sales at stores opened for at least a year increased 6.5 percent in October from the same four-week period a year ago.
Food Stamps Welcome As Warehouse Clubs Adapt To Hard Times
For years, warehouse clubs such as BJ's and Costco have filled their towering shelves with family-size cans of baked beans and tubs of peanut butter, but for families receiving government food stamps, those items were out of reach.
Positive economic news pushes stocks higher
Stock futures are higher after the government reported a bigger-than-expected drop in workers seeking unemployment benefits.
October sales offer relief to merchants
Consumers, enticed by cooler weather, early holiday discounts and an improving economy, spent a little more in October, handing the retail industry its second consecutive monthly sales gain after more than a year of declines.
Costco Same-Store Sales Top Estimates
Costco Wholesale Corp reported a 5 percent increase in October same-store sales, helped by a weak U.S. dollar that helped push up international sales.
Earnings Watch: Updates, advisories and surprises
Coca-Cola Hellenic Bottling Co., /quotes/comstock/13*!cch /quotes/nls/cch the Maroussi, Greece, bottler of Coke products, reported third-quarter net income of 206.1 million euros , or 0.57 euro a share.
Costco and Westfield in discussions about Woodland Hills location
Costo is in discussions with The Westfield Group about building a warehouse store in Warner Center, where the developer has ambitious plans to connect its Topanga and Promenade malls, the Daily News has learned.
Half of US kids will get food stamps, study says
Nearly half of all U.S. children and 90 percent of black youngsters will be on food stamps at some point during childhood, and fallout from the current recession could push those numbers even higher, researchers say.
Let's be very clear about this: The brightest retailing mind in America today is Jim Sinegal, the cofounder and chief executive officer of Costco.
Costco expands food stamps program
SAN FRANCISCO Costco Wholesale, according to reports, is now accepting food stamps at all of its clubs nationwide.
Hairstyling tool's maker sues Costco
The Houston maker of the Chi filed a lawsuit this week against Costco Wholesale Corp., alleging that it improperly sells the hairstyling tools, including counterfeit ones.
As food stamp use soars, Costco joins other wholesalers in accepting them
With many families suddenly struggling to feed themselves, the big warehouse clubs known for king-sized packages of steak and jumbo boxes of Cheerios are increasingly competing with grocery stores for the 36 million Americans now on food stamps.
U.S. says Petters faked checks, orders in Ponzi scheme
Tom Petters concocted fake checks and purchase orders as part of a Ponzi scheme to deceive retailers into believing that he was transacting more business with them than he actually was, the U.S. government said at his trial on Thursday.
Wal-Mart's latest money-making scheme: Death
Filed under: Wal-Mart , Costco Wholesale People need to eat, and Wal-Mart sells food.
Costco will begin accepting food stamps
Costco Wholesale Corp. said yesterday that it would start accepting food stamps from the 36 million Americans that use them at its warehouse clubs nationwide.
Costco to accept food stamps nationwide
With many families suddenly struggling to feed themselves, the big warehouse clubs known for king-size packages of steak and jumbo boxes of Cheerios are increasingly competing with grocery stores for the 36 million Americans now on food stamps.
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