Brands + Retail

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  • Sears 4th-quarter loss narrows but sales fall sharply as it sheds assets
    Sears 4th-quarter loss narrows but sales fall sharply as it sheds assets

    NEW YORK, N.Y. - Sears Holdings (Nasdaq:SHLD) recorded its fourth straight year of falling profit and revenue in 2014, even as cost cutting and store closures helped narrow its loss for the fourth qua …

    Sears 4th-quarter loss narrows but sales fall sharply as it sheds assets

    NEW YORK, N.Y. - Sears Holdings (Nasdaq:SHLD) recorded its fourth straight year of falling profit and revenue in 2014, even as cost cutting and store closures helped narrow its loss for the fourth quarter....

  • People walk out of a Canadian Tire Store that is located by a Mark's clothing store, which is owned by Canadian Tire Corporation in Toronto
    Canadian Tire profit beats on strong automotive, sports gear sales

    (Reuters) - Retailer Canadian Tire Corp reported a fourth-quarter profit that comfortably beat analysts' estimate, helped by strong sales of its automotive products and sports gear, pushing its shares …

    People walk out of a Canadian Tire Store that is located by a Mark's clothing store, which is owned by Canadian Tire Corporation in Toronto

    (Reuters) - Retailer Canadian Tire Corp reported a fourth-quarter profit that comfortably beat analysts' estimate, helped by strong sales of its automotive products and sports gear, pushing its shares up 8 percent to a record high on Thursday. Same-store sales at Canadian Tire stores – which accounts for over half the …

  • People walk into the Hudson's Bay Company (HBC) flagship department store in Toronto
    HBC forms new real estate joint ventures to 'fatten up' its property portfolios

    TORONTO - Hudson's Bay Co. is launching separate joint venture partnerships with two major North American real estate companies as it looks to unearth value from its vast collection of stores and scours …

    People walk into the Hudson's Bay Company (HBC) flagship department store in Toronto

    TORONTO - Hudson's Bay Co. is launching separate joint venture partnerships with two major North American real estate companies as it looks to unearth value from its vast collection of stores and scours ...

  • Owner of TJ Maxx, Marshalls plans to boost pay to at least $9 an hour, following Wal-Mart

    NEW YORK, N.Y. - The owner of T.J. Maxx, Marshalls and HomeGoods stores became the latest retailer to boost pay for its U.S. workers, putting pressure on other chains to do the same.

    Owner of TJ Maxx, Marshalls plans to boost pay to at least $9 an hour, following Wal-Mart

    NEW YORK, N.Y. - The owner of T.J. Maxx, Marshalls and HomeGoods stores became the latest retailer to boost pay for its U.S. workers, putting pressure on other chains to do the same.

  • Target beats and sales forecasts in sign strategy working

    Target said comparable sales at stores open longer than a year rose 3.8 percent in the November-January quarter. Adjusted earnings per share, which excludes items including a massive loss related to the …

    People walk out of the going-out-of-business sale at Target Canada in Toronto

    Target said comparable sales at stores open longer than a year rose 3.8 percent in the November-January quarter. Adjusted earnings per share, which excludes items including a massive loss related to the Canada exit, came to $1.50 in the fourth quarter. For the current quarter to end-April, Target forecast adjusted earnings …

  • In year of the Lego Movie, transformed Danish toy maker sees sales continue to grow globally

    COPENHAGEN - The transformation of Lego, the Danish toy company famous for its multi-colored building blocks, reaped further dividends last year as it benefited from a successful foray into the world of …

    Men dressed as Lego figures talk to a girl during "Weiberfastnacht" (Women's Carnival) in Cologne

    COPENHAGEN - The transformation of Lego, the Danish toy company famous for its multi-colored building blocks, reaped further dividends last year as it benefited from a successful foray into the world of ...

  • Analyzing Walmart’s Cost Structure With US And Overseas Firms

    Margins in the food and staples (XLP) retail segment are slender. It’s important for Walmart (WMT) to keep a tight grip on the cost structure.

    Margins in the food and staples (XLP) retail segment are slender. It’s important for Walmart (WMT) to keep a tight grip on the cost structure.

  • Walmex – Walmart’s Recent Initiatives In Mexico

    Walmex also looking at higher sales through the e-commerce channel. It launched e-commerce in Mexico in 2013. The growth has been moderate.

    Walmex also looking at higher sales through the e-commerce channel. It launched e-commerce in Mexico in 2013. The growth has been moderate.

  • Why Walmart Has An Advantage In E-Commerce

    Walmart (WMT) has been growing faster than the overall e-commerce market. This year, its growth rate is expected to trump Amazon's (AMZN) growth rate.

    Walmart (WMT) has been growing faster than the overall e-commerce market. This year, its growth rate is expected to trump Amazon's (AMZN) growth rate.

  • Retail loan investors return as rate rises near

    By Lynn Adler and Lisa Lee NEW YORK (Reuters) - Retail investors are returning to bank loan mutual funds following seven straight months of outflows, with the Federal Reserve more clearly signaling an …

    U.S. Federal Reserve Chair Yellen testifies before a House Financial Services Committee hearing on Capitol Hill in Washington

    By Lynn Adler and Lisa Lee NEW YORK (Reuters) - Retail investors are returning to bank loan mutual funds following seven straight months of outflows, with the Federal Reserve more clearly signaling an interest rate hike and higher secondary loan market prices starting to attract momentum buyers, investors and strategists …

  • Walmart Is Taking On The E-Retail Giants

    Despite its roots in brick-and-mortar retail, Walmart (WMT) is posing a credible challenge for e-retail companies like Amazon (AMZN).

    Despite its roots in brick-and-mortar retail, Walmart (WMT) is posing a credible challenge for e-retail companies like Amazon (AMZN).

  • MetLife’s US Retail business becomes a profitable franchise

    MetLife is working to develop direct sales channels, which would reduce the share of agent commissions in operating costs.

    MetLife is working to develop direct sales channels, which would reduce the share of agent commissions in operating costs.

  • Weather or not: Canadian Tire CEO doesn't want to rely on the seasons

    TORONTO - Although winter tires and Christmas decorations were some of Canadian Tire Corp.'s bestsellers in the fourth quarter, the retailer's president and CEO says the company doesn't need …

    Weather or not: Canadian Tire CEO doesn't want to rely on the seasons

    TORONTO - Although winter tires and Christmas decorations were some of Canadian Tire Corp.'s bestsellers in the fourth quarter, the retailer's president and CEO says the company doesn't need to rely on ...

  • Walmart – From Retail Giant To E-Commerce Titan

    Walmart (WMT) operates e-commerce sites in 11 countries. There are an estimated 600 million e-commerce visitors per quarter in Walmart’s US segment alone.

    Walmart (WMT) operates e-commerce sites in 11 countries. There are an estimated 600 million e-commerce visitors per quarter in Walmart’s US segment alone.

  • What Does Retail Trade Data Say About The Restaurant Industry?

    Food services and drinking places—including restaurants—and grocery store sales data are two sub components of this retail trade data.

    Food services and drinking places—including restaurants—and grocery store sales data are two sub components of this retail trade data.

  • 7 ways to take bulk buying beyond Costco

    Many local big-box hardware and building supply chain stores offer discounts if your purchase crosses a certain threshold (it's $2,500 at Home Depot, for example). If you've got a big job coming, ask …

    A Costco shopping cart is shown at a Costco Wholesale store in Carlsbad, California

    Many local big-box hardware and building supply chain stores offer discounts if your purchase crosses a certain threshold (it's $2,500 at Home Depot, for example). If you've got a big job coming, ask the Home Depot "Pro Desk" for a list of bulk supply items -- nails, screws, insulation, floor tile, etc. -- which can be …

  • Walmart: Price Wars In The United Kingdom’s Grocery Market

    The United Kingdom has been one of the most successful overseas forays for Walmart (WMT). The company operates ~576 stores in the country.

    The United Kingdom has been one of the most successful overseas forays for Walmart (WMT). The company operates ~576 stores in the country.

  • Loblaw's profit more than doubles

    (Reuters) - Canada's largest grocer Loblaw Cos Ltd's quarterly profit more than doubled, mainly due to higher sales in its retail business and the acquisition of Shoppers Drug Mart. The company's …

    A Loblaws store is pictured in Ottawa

    (Reuters) - Canada's largest grocer Loblaw Cos Ltd's quarterly profit more than doubled, mainly due to higher sales in its retail business and the acquisition of Shoppers Drug Mart. The company's net income rose to C$247 million ($198.7 million), or 60 Canadian cents per share, in the fourth quarter ended Jan. …

  • Canadian grocer Loblaw's profit more than doubles

    Canada's largest grocer Loblaw Cos Ltd's quarterly profit more than doubled, mainly due to higher sales in its retail business and the acquisition of Shoppers Drug Mart. The company's net income rose to …

    File photo of view of Loblaw Companies Limited Executive Chairman Weston speaking during the annual general meeting of shareholders in Toronto

    Canada's largest grocer Loblaw Cos Ltd's quarterly profit more than doubled, mainly due to higher sales in its retail business and the acquisition of Shoppers Drug Mart. The company's net income rose to ...