Search Results for:

You are here

Citi analysts flag 'real risk' of Macy's dividend cut, shares tumble
News 2 weeks ago
Citi analysts flag 'real risk' of Macy's dividend cut, shares tumble

CHICAGO (Reuters)- Shares in Macy’s Inc (M.N) tumbled more than 5 percent on Monday to a seven-year low after Citi analysts said the department...

Share
U.S. pending home sales flat in September
News 3 weeks ago
U.S. pending home sales flat in September

WASHINGTON (Reuters)- Contracts to buy previously owned homes were flat in September and activity declined on an annual basis for the fifth time in...

Share
Wal-Mart launches shelf-scanning robots in about 40 stores
News 3 weeks ago
Wal-Mart launches shelf-scanning robots in about 40 stores

CHICAGO (Reuters)- Wal-Mart Stores Inc will roll out shelf-scanning robots in approximately 40 stores to replenish inventory faster on its shelves...

Share
London comes to Macau as Las Vegas Sands revamps casino resort
News 3 weeks ago
London comes to Macau as Las Vegas Sands revamps casino resort

HONG KONG (Reuters)- Las Vegas Sands, the casino behemoth owned by U.S. billionaire Sheldon Adelson, said on Wednesday it plans to spend $1.1...

Share
U.S. new home sales race to nearly 10-year high in September
News 3 weeks ago
U.S. new home sales race to nearly 10-year high in September

WASHINGTON (Reuters)- Sales of new U.S. single-family homes unexpectedly rose in September, hitting their highest level in nearly 10 years,...

Share
Hudson's Bay to sell Lord & Taylor Fifth Ave building
News 3 weeks ago
Hudson's Bay to sell Lord & Taylor Fifth Ave building

(Reuters)- Canadian department store operator Hudson’s Bay Co (HBC.TO) (HBC) agreed to sell its Lord & Taylor flagship building in New York for ...

Share
Amazon rivals turn to legal fine print to stem Whole Foods strategy
News 3 weeks ago
Amazon rivals turn to legal fine print to stem Whole Foods strategy

SAN FRANCISCO (Reuters)- Whole Foods Market met a new foe this summer during talks to lease a top retail space in a San Francisco mall: the Target...

Share
China says will guide private capital into higher growth areas
News 1 month ago
China says will guide private capital into higher growth areas

BEIJING (Reuters)- China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior...

Share
U.S. existing home sales unexpectedly rebound in September
News 1 month ago
U.S. existing home sales unexpectedly rebound in September

WASHINGTON (Reuters)- U.S. home resales unexpectedly increased in September as the effects of Hurricanes Harvey and Irma began to dissipate, but a...

Share
Low pay, no bonus: U.S. retailers struggle with hiring
News 1 month ago
Low pay, no bonus: U.S. retailers struggle with hiring

(Reuters)- U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a...

Share
Target CEO says small-format stores twice as productive as traditional
News 1 month ago
Target CEO says small-format stores twice as productive as traditional

NEW YORK (Reuters)- Sales per square foot at Target Corp’s (TGT.N) 44 small-format stores are “easily double” that at traditional stores, Target...

Share
U.S. housing starts hit one-year low; building permits tumble
News 1 month ago
U.S. housing starts hit one-year low; building permits tumble

WASHINGTON (Reuters)- U.S. homebuilding fell to a one-year low in September as Hurricanes Harvey and Irma disrupted the construction of single...

Share
U.S. housing starts fall to one-year low
News 1 month ago
U.S. housing starts fall to one-year low

WASHINGTON (Reuters)- U.S. homebuilding fell to a one-year low in September as Hurricanes Harvey and Irma disrupted the construction of single...

Share
Major Sears investor Berkowitz departs board; stock plunges
News 1 month ago
Major Sears investor Berkowitz departs board; stock plunges

(Reuters)- Sears Holdings Corp (SHLD.O) on Monday said that Bruce Berkowitz, head of the company’s second-biggest investor, resigned from the board...

Share
Nordstrom family suspends attempt to take U.S. retailer private
News 1 month ago
Nordstrom family suspends attempt to take U.S. retailer private

(Reuters)- Nordstrom Inc said on Monday that a founding family group had suspended attempts to take the U.S. department store operator private...

Share
Nordstrom family suspends attempt to take retailer private
News 1 month ago
Nordstrom family suspends attempt to take retailer private

(Reuters)- Nordstrom Inc said on Monday its founding family had suspended attempts to take the upscale retailer private for the rest of the year...

Share
BlackBerry shares down after another top exec leaves
News 1 month ago
BlackBerry shares down after another top exec leaves

(Reuters)- BlackBerry’s (BB.N) (BB.TO) U.S.-listed shares fell almost 4 percent to $11.12 on Monday after a second senior executive from its...

Share
Amazon to keep U.S. holiday hiring flat at 120,000 workers
News 1 month ago
Amazon to keep U.S. holiday hiring flat at 120,000 workers

(Reuters)- Amazon.com Inc (AMZN.O) said it would hire 120,000 workers in the United States this holiday season, same as last year, joining a list...

Share
Amazon to hire 120,000 workers in the U.S. for holiday season
News 1 month ago
Amazon to hire 120,000 workers in the U.S. for holiday season

(Reuters)- Amazon.com Inc (AMZN.O) said it would hire 120,000 workers in the United States this holiday season, same as last year, as the online...

Share
Loyalists unhappy as Coach becomes Tapestry Inc
News 1 month ago
Loyalists unhappy as Coach becomes Tapestry Inc

(Reuters)- Iconic luxury handbag maker Coach Inc (COH.N) risked Wall Street and social media ire on Wednesday by announcing a change of its...

Share
Kroger exploring sale of convenience stores, shares rise
News 1 month ago
Kroger exploring sale of convenience stores, shares rise

(Reuters)- Kroger Co (KR.N), the No. 1 U.S. supermarket operator, said on Wednesday it is exploring the sale of its nearly 800 convenience stores,...

Share
Wal-Mart sees 40 percent online sales growth next year, shares rise
News 1 month ago
Wal-Mart sees 40 percent online sales growth next year, shares rise

(Reuters)- Wal-Mart Stores Inc (WMT.N) on Tuesday forecast a 40 percent rise in U.S. online sales next year as it ramps up competition with Amazon...

Share
Wal-Mart sees 40 percent online sales growth next year, shares jump
News 1 month ago
Wal-Mart sees 40 percent online sales growth next year, shares jump

(Reuters)- Wal-Mart Stores Inc (WMT.N) on Tuesday forecast that its U.S. online sales would soar about 40 percent in the fiscal year ending January...

Share
Wal-Mart speeds up in-store returns of online purchases
News 1 month ago
Wal-Mart speeds up in-store returns of online purchases

(Reuters)- Wal-Mart Stores Inc said on Monday it would speed up the process for in-store returns of items bought on its website, just ahead of the...

Share
Wal-Mart to speed up returns for items bought online
News 1 month ago
Wal-Mart to speed up returns for items bought online

(Reuters)- Wal-Mart Stores Inc said on Monday it was launching a process to speed up returns of items bought on its website, in time for the busy...

Share
Costco shares down on fears of grocery delivery eating into margins
News 1 month ago
Costco shares down on fears of grocery delivery eating into margins

(Reuters)- Shares in Costco (COST.O) fell 6 percent on Friday after the retailer reported a decline in quarterly gross margins and underlined the...

Share
Costco steps up grocery battle with new delivery services
News 1 month ago
Costco steps up grocery battle with new delivery services

(Reuters)- Costco Wholesale Corp (COST.O) has rolled out two new grocery delivery services this week, a new step in its efforts to fight growing...

Share
Bankrupt U.S. retailers begin to catch a break
News 1 month ago
Bankrupt U.S. retailers begin to catch a break

(Reuters)- An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following...

Share
Hilton to add 100 hotels to its chain in Africa over five years
News 1 month ago
Hilton to add 100 hotels to its chain in Africa over five years

NAIROBI (Reuters)- Hilton Worldwide (HLT.N) plans to spend $50 million over the next five years to add 100 hotels to its chain in Africa, it said...

Share
United States takes Canada to WTO over wine retailing
News 1 month ago
United States takes Canada to WTO over wine retailing

GENEVA (Reuters)- The United States has launched a complaint at the World Trade Organization to challenge Canada over its rules for wine retailing...

Share