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Retail News

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

Couche-Tard makes shortlist in $16B Sinopec unit sale

Canadian retailer Alimentation Couche-Tard Inc and China’s Tencent Holdings Ltd are among suitors short-listed to buy a $16-billion minority stake in China’s Sinopec Sales, the world’s...

Posted on 8-19-2014 at 6:21 AM

Grocer Metro wants to feed customers a digital experience

Competition in the Canadian grocery industry is heating up, and Metro looks towards creating a compelling digital experience for its customers to keep them hungry for more.

Posted on 8-18-2014 at 11:14 AM

Dollar General counters Dollar Tree bid for Family Dollar

Discount retailer Dollar General Corp offered to buy Family Dollar Stores Inc.  for $8.95 billion, trumping an offer by Dollar Tree Inc.

Posted on 8-18-2014 at 7:55 AM

Wal-Mart targets rivals with price cuts

Discounter Wal-Mart Canada Corp. is pumping up sales at the expense of its bottom line as the company focuses on grabbing business from rivals in an intensely competitive retail field.

Posted on 8-15-2014 at 6:25 AM

Wal-Mart revenue rises but U.S. same-store sales flat

Wal-Mart Stores Inc reported a 2.8 percent rise in quarterly sales, helped by higher sales at its smaller-format stores, but U.S. same-store sales failed to show growth again.

Posted on 8-14-2014 at 7:37 AM

Macy's cuts same-store sales forecast, shares drop

Macy's Inc cut its full-year same-store sales forecast, after second-quarter sales failed to make up for weakness in the first quarter when harsh weather kept shoppers away.

Posted on 8-13-2014 at 10:55 AM
Weak retail sales point to slowdown in U.S. consumer spending

Weak retail sales point to slowdown in U.S. consumer spending

U.S. retail sales unexpectedly stalled in July, pointing to some loss of momentum in the economy early in the third quarter.

Posted on 8-13-2014 at 9:44 AM

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