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May Sales Disappoint At Department Stores, Except At High End

Dillard's misses estimates, but Saks cruises past expectations.

 

Retail Earnings: High End Up, Low End Down

Big Lots posts decline in quarterly profit, Tiffany shows gain.

 

Starbucks Coffee Soon to Cost You Extra Bucks

Starbucks Coffee Soon to Cost You Extra Bucks

Starbucks Corp (SBUX) will boost the cost of its packaged coffee sold in its U.S. retail stores by an average of 17 percent, its first such increase since 2009, a spokesman said on Wednesday.

 

Amazon says e-book sales surpass printed books

Amazon says e-book sales surpass printed books

Amazon.com Inc. on Thursday said that, after less than four years of selling electronic books, it's now selling more of them than printed books. The online retailer said that since April 1, it has sold 105 e-books for every 100 printed books, including printed books for which there is no electronic edition. The comparison excludes free e-books, which would tip the scales further if they were included.

 

Retail sales surge in April despite higher gas, food prices

Big chains report an 8.9% increase from a year earlier, led by discounters and apparel stores. A later Easter is considered only partly responsible for the big jump.

 

Amazon profit falls 32.8 percent though sales soar

Amazon.com Inc reported that first-quarter sales rose 38.2 percent, above analysts' forecasts.

 

Overstock.com Says Google Penalty Ends

Overstock.com said it has been released from Google's "penalty box," which pushed it down in search results as a punishment for the retailer's efforts to game the search system.

 

Should Walmart pay workers $12 an hour? 

Walmart is doing a less-than-stellar job when it comes to doing right by its workers. According to a new report Walmart could raise the wages of its employees without affecting prices.

 

Wal-Mart Tests Home Delivery of Groceries

The retailer launched the new service in San Jose, Calif., as it seeks to adapt to competitive threats from Amazon.com and others.

 

Walmart Mike Duke CEO Gets $18.7M Pay Package In 2010

Walmart Mike Duke CEO Gets $18.7M Pay Package In 2010

The CEO of Wal-Mart Stores Inc. received a pay package in 2010 worth $18.7 million, a 4 percent dip from the year before, according to an Associated Press calculation, as the world's largest retailer struggled to reverse a decline in a key revenue figure.Mike Duke, 61, received a base salary of about $1.2 million and a performance-based bonus of nearly $3.9 million for the fiscal year that ended Jan. 31.

 

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