May 26, 2011

Walmart is scheduled to hold its annual shareholders’ meeting one week from today, and the event is a tale of two meetings. One the one hand, there is the pageantry and puffery of the actual shareholders meeting, which runs from 7 a.m. to about 11 a.m. central time. If the company holds true to form the event will be a high-energy, star-studded affair that is long on style and short on substance with a dollop of official business thrown in. The event is designed primarily for the thousands of employees who attend from throughout the U.S. and the world, or at least that has been the case in the past.

April 22, 2011

A Western Pennsylvania woman filed a federal lawsuit last week against Target Corp. and its law firm over the chain's debt-collection practices, the Associated Press reported. The woman claims false affidavits were used to go after customers who allegedly owed money to a subsidiary bank that issues the store's credit cards.

February 28, 2011

Jill Granoff is stepping down as CEO of Kenneth Cole Productions. According to a company press release the decision was a mutual agreement between Granoff and the board of directors.

February 28, 2011

Conn’s announced that it has appointed Theodore Wright to the position of interim CEO and president, following the news that Timothy Frank will step down as president and CEO of the company and resign as a director to pursue other opportunities.

February 24, 2011

Fourth quarter earnings per share at Target advanced 17% to $1.45 compared with $1.24 the prior year, thanks to a seven-cent-a-share tax benefit, and quarterly profits were slightly more than $1 billion compared with $936 million the prior year.

February 10, 2011

A lack of visibility into Walmart’s sales performance coupled with concerns about the pace of a U.S. sales recovery is contributing to some apprehension on Wall Street regarding the company’s fourth-quarter performance.

November 29, 2010

A report released Tuesday said that Japanese prosecutors will launch an investigation into possible insider...