News

01/03/2012 - 12:09

Sears Holdings last week announced that it will close between 100 and 120 underperforming Sears and Kmart stores, following dismal holiday sales results for the brands.

01/03/2012 - 11:58

Lowe’s announced that it has acquired ATG Stores, an online retailer of home improvement and lifestyle products based in Kirkland, Wash.

01/03/2012 - 11:37

Veteran merchandising and supply chain executive Rick Maguire has announced plans to retire from his current position as SVP supply chain at Target Canada effective June 15, according to an internal company announcement.

01/03/2012 - 11:19

The Conference Board report, released last week, found that confidence among consumers rose to an eight-month high in December, increasing to 64.5 from a revised 55.2 reading in November.

01/03/2012 - 11:02

After a slew of online orders were cancelled in November and December when Best Buy couldn’t keep up with demand, the company issued the following statement last week:

12/23/2011 - 13:58

Stein Mart released restated third-quarter results Friday that showed an upwardly revised loss that wasn’t quite as bad as originally feared.

12/23/2011 - 12:50

A report released Friday by the Commerce Department showed that U.S. consumer spending edged up 0.1% in November, less than forecast and reflecting an economy that continues to struggle.

12/23/2011 - 12:37

An e-commerce solution for branded manufacturers has released a new forecast on how retail shopping will be influenced by the Internet, in addition to mobile and social networking.

12/23/2011 - 12:14

While many retailers are scrambling to attract last minute Christmas shoppers, some, including Target, are already looking ahead to Dec. 26.