Retailer | featured news

A new program from the warehouse chain offers different bargains to each member, based on their buying history.

A man walked into a North Carolina Target store on Sunday and shot an employee he had had a previous relationship with before turning the gun on himself, police said.

Toys "R" Us announced plans to sell up to an estimated $800 million in stock through an initial public offering, the latest in a series of private-equity deals.

Walmart has revealed that it will begin selling the 16GB iPhone 3GS for $97 this week, more than $100 off of Apple's $199 suggested retail price.

Since edging out WalMart in 2008 to become the top music retailer, Apple has increased its lead with iTunes and is now outselling both Walmart and second place BestBuy combined, while handling more than half of all digital music sales in the US.

Wal-Mart Stores Inc. says its first-quarter net income rose 10 percent as the world's largest retailer benefited from cost-cutting.

Retail sales and industrial production in April both enjoyed continued growth, reinforcing the sustainability of the economic recovery in the United States. On Friday the U.S. Commerce Department reported retail sales gained 0.4% in April, ahead of Wall Street’s expected 0.2% rise, but below the 2.1% jump in March. Peter Newland, economist at Barclays Capital, notes that the total was driven by a 0.5% increase in both autos and gasoline, and a 6.9% jump in building material sales. All of that is nice, but core sales, which exclude these elements, actually fell 0.2%, which is much weaker than excepted.

J.C. Penney posted a sharply higher profit, aided by lower pension costs and a modest improvement in sales.

Early reports from retailers show that Americans took a a breather from their March shopping spree in April, partly because Easter came earlier. But the spring selling season is ending up respectable, an encouraging sign for the economy....

A sharply divided federal appeals court on Monday exposed Wal-Mart Stores Inc. to billions of dollars in legal damages when it ruled a massive class action lawsuit alleging gender discrimination over pay for female workers can go to trial....