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Housing recovery boosts Home Depot results

Home Depot Inc reported higher-than-expected quarterly results and raised its sales and profit outlook for the year on Tuesday as the world's largest home improvement chain benefited from a...
Dhanya Skariachan, Reuters
Posted on 5-21-2013 at 7:17 AM

J.C.Penney needs time to climb out of 'abyss': CEO

J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the...
Phil Wahba, Reuters
Posted on 5-16-2013 at 4:54 PM

Food costs lead Canadians to shop around, cut back: study

How much Canadians pay for their food is becoming a major concern, according to a survey by Royal Bank of Canada.
Bertrand Marotte, The Globe and Mail
Posted on 5-16-2013 at 10:55 AM

Andrea Horan, Principal, Agilith Capital

Wal-Mart profit misses Street on weak U.S. sales

Wal-Mart Stores Inc. said on Thursday that this quarter would be challenging and gave a forecast that suggests profit will again miss Wall Street expectations, due in part to costs from its...
Jessica Wohl, Reuters
Posted on 5-16-2013 at 7:56 AM

Macy's profit, same-store sales up, hikes dividend

Macy's Inc. reported higher first-quarter profit and sales on Wednesday as it won market share from rival department store operators.
Reuters
Posted on 5-15-2013 at 8:18 AM

Loblaw promises more actions after Bangladesh tragedy

Loblaw Cos Ltd, Canada's largest food retailer, said it would soon announce more actions in the wake of the collapse of a building in Bangladesh where some of its "Joe Fresh" garments were...
Bhaswati Mukhopadhyay, Reuters
Posted on 5-14-2013 at 6:10 PM

Rona posts deeper loss on charges, tough conditions

Canada's top home improvement retailer and distributor, Rona Inc., reported a deeper quarterly loss on Tuesday as it grappled with restructuring charges and difficult market conditions.
Susan Taylor, Reuters
Posted on 5-14-2013 at 11:24 AM

Mondelez raises earnings outlook on tax benefit

Mondelez International Inc posted quarterly earnings on Tuesday that were slightly better than expected and raised its full-year earnings forecast due to a benefit from a tax item.
Martinne Geller, Reuters
Posted on 5-14-2013 at 5:50 PM