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New data: Feb. retail sales rose in many sectors

New data: Feb. retail sales rose in many sectors

Snowstorms that shut in East Coast shoppers last month also chilled sales at women's clothing stores but most retail sectors saw gains in February compared with a year earlier, data released Wednesday show....

 

Walmart Acquires Online Movie Service Vudu

Walmart is set to make a play for your living room. The company has acquired online movie service Vudu, just over a month after rumors about a deal first surfaced.

 

Retail Sales Rise More Than Expected in January

Retail Sales Rise More Than Expected in January

Retail sales posted a better-than-expected increase in January, a welcome development that could mean stronger economic growth in coming months.

 

Target pulls Valentine’s toys over lead concerns

Target pulls Valentine’s toys over lead concerns

Target Corp. said Tuesday it was pulling its Valentine’s Day “Message Bears” from store shelves after California’s attorney general raised concerns that the toys have illegal levels of lead.

 

Solid sales gains for retailers in January

Solid sales gains for retailers in January

Sales increase 3.3% over a year earlier in a usually slow month. Notably, beleaguered Abercrombie & Fitch posts an 8% increase.

 

Wal-Mart cutting 11,200 jobs at Sam’s Club

Wal-Mart cutting 11,200 jobs at Sam’s Club

Wal-Mart Stores Inc. will cut about 11,200 jobs at Sam's Club warehouses as it turns over the task of in-store product demonstrations to an outside marketing company.

 

Foot Locker to cut 120 jobs, close 117 stores

Foot Locker Inc. is cutting about 120 jobs and plans to have closed 117 stores by the end of this month as it looks to become a more efficient and competitive business.

 

Retail sectors saw growth in December: SpendingPulse

Retail sectors saw growth in December: SpendingPulse

U.S. retailers largely saw a strong finish to the 2009 holiday season even though sales fell at apparel chains and department stores in December, according to MasterCard Advisors' SpendingPulse.

 

Retail holiday sales improve upon 2008 disaster

Retail holiday sales improve upon 2008 disaster

U.S. retailers performed better during the key holiday shopping season this year after a historically dismal 2008, performing in line with dampened expectations, according to data released on Monday.

 

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