Retail, Quarterly Earnings | featured news

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.

Wal-Mart Stores Inc won over shoppers during the holiday season, with its Walmart U.S. division posting a 1.5 percent rise in sales at stores open at least a year.

Wal-Mart Stores Inc said on Tuesday that sales at its U.S. discount stores open at least a year fell 0.9 percent during its second quarter, marking the ninth straight quarterly decline as it tries to bring bargain hunters back to its stores.

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

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

Best Buy's earnings jumped 61% as the retailer rebounded from a weakened year-earlier quarter on higher revenue and margins.

Barnes & Noble (BKS) posted a loss for its first fiscal quarter today, of $62. 5 million, or $1.

Target meets analyst expectations with its fiscal second quarter earnings.

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

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