Holiday Shopping Season, Fourth Quarter Earnings | featured news

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Holiday Shopping Seaso... Topics

Hasbro 4Q revenue misses, to cut jobs

Toy maker Hasbro says its fourth-quarter revenue failed to meet expectations because of weaker-than-expected demand over the holidays.

 

Best Buy sales disappoint; to close stores, cut jobs

Best Buy

Best Buy Co reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest electronics chain to close 50 U.S. stores and cut 400 jobs in corporate and support areas.

 

Target's 4Q profit declines 5.2 percent

Target Corp. is reporting a 5.2 percent drop in earnings for the fourth quarter, as the retailer pushed big discounts to get tight-fisted shoppers to buy during the holiday season.

 

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