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Retail News

Dollar General questions motives of Family Dollar CEO

Dollar General Corp. questioned whether Family Dollar Stores Inc. Chief Executive Howard Levine was being driven by self-interest in his support of a proposed takeover of his company by...

Posted on 8-21-2014 at 8:17 AM

Sears posts loss for ninth straight quarter

Sears Holdings Corp., owner of Sears department stores and Kmart discount chain, reported its ninth straight quarterly loss as sales continued their decade-long fall.

Posted on 8-21-2014 at 7:12 AM

Staples to shut 140 stores as online rivals take sales away

Staples Inc. will shut about 140 locations this year, part of a store-closing plan announced earlier, as the world’s largest office-supply chain responds to online competition.

Posted on 8-20-2014 at 12:18 PM

Target ‘bit off way too much, too soon’ in Canada, CFO says

Instead of opening 124 stores in Canada last year, troubled Target should have launched just five to 10 outlets and “refined” the operations before rolling out more, chief financial officer...

Posted on 8-20-2014 at 8:27 AM

Home improvement chain Lowe's Cos cuts sales forecast

Home improvement chain Lowe's Cos Inc reported a 5.6 percent rise in quarterly sales as more people undertook home renovation projects after a prolonged winter.

Posted on 8-20-2014 at 8:13 AM

Struggling Sears Canada swings to loss as revenue slides

Struggling department store chain Sears Canada Inc reported its ninth loss in 14 quarters as sales continued to decline.

Posted on 8-20-2014 at 8:08 AM
Nordstrom bets on a slow, cautious entry into Canada

Nordstrom bets on a slow, cautious entry into Canada

For Karen McKibbin, getting it right is more important than doing it fast in her latest assignment at upscale U.S. chain Nordstrom Inc.

Posted on 8-19-2014 at 7:52 AM

Strong spring sales help Home Depot beat estimates

Home Depot Inc., the world's largest home improvement chain, reported a better-than-expected 5.8 percent rise in same-store sales as customers spent more on home repairs after a severe...

Posted on 8-19-2014 at 7:33 AM

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