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Retail News

Russia court closes McDonald's branch for 90 days: agency

Russia court closes McDonald's branch for 90 days: agency

A Russian court on Wednesday ordered the closure of a McDonald's restaurant branch in Moscow for 90 days over breaches of sanitary rules, Russia's RIA news agency reported.

Posted on 8-27-2014 at 7:37 AM

Best Buy revenue misses estimates as customers shift online

Best Buy Co Inc, the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected quarterly revenue for the third straight quarter, citing a drop in traffic in its...

Posted on 8-26-2014 at 8:10 AM

U.S. dollar stores in battle to double down on the poor

Competitors are betting not only on the health of the deep discount retail sector but also on the intractability of poverty in America.

Posted on 8-24-2014 at 11:48 AM

What is Sears' brand identity?

What is Sears' brand?

Posted on 8-23-2014 at 9:10 AM

Canada June retail sales up for sixth straight month

Consumers once again bolstered the Canadian economy in June, with retail sales rising for the sixth straight month, by a stronger-than-expected 1.1 percent to a new record, according to...

Posted on 8-22-2014 at 10:28 AM

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

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