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Wal-Mart Stores Inc is awarding approximately $2 billion to its U.S. hourly employees through financial incentives, including handing out $933.6 million in bonuses on Thursday, after the world's largest retailer gained market share amid a recession.
Macy's said it will record an asset write-down of up to $5.5 billion as the department store posted a big drop in operating profit amid heavy markdowns and weak consumer spending.
The unlikely rebound in retail sales provided a glimmer of hope for the economy, but new claims for jobless benefits showed the labor market still in the grip of a deep recession.
Injured deer shows up at PetSmart, patiently waits for vet to show up. Gets treated for injuries then heads off to the great unknown to be target practice for some hunter.
Amazon.com Inc., the world’s largest online retailer, topped sales and profit estimates yesterday after its biggest holiday season ever, outpacing EBay Inc. and its e-commerce rivals.