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For years, politicians and labor unions have pilloried Wal-Mart and other large employers for paying workers so little that many qualify for government health insurance at taxpayers' expense. Now critics fear the public will get stuck with an even...
Consumers emerged in May to give retailers their best month since January, lured by warmer weather and the confidence lift from the surging stock market and rising housing prices. Same-store sales increased 4.8% from a year earlier, beating expectations...
Wary holiday shoppers forced retailers to heavily discount items during December, ultimately handing merchants decent sales but raising worries about consumer spending in the new year. Major chain stores posted a 4.5% sales increase in December compared...
L.A. at HomeHow2recycle label: An improved, easier-to-understand recycling label is rolling out in consumer products from companies such as General Mills, REI and Costco....
Money & CompanyThe nation's retailers recorded a moderate increase in sales last month as consumers reined in their spending after splurging on back-to-school shopping and cautiously sized up the coming holiday season. On Thursday, major chain stores reported a 3.4%...
Retail Roundup: Monthly sales, H&M's latest collaboration, Borders partners with Build-A-Bear, Costco condemns veal supplierMoney & CompanyRetail sales Retailers posted surprisingly solid August sales numbers thanks to heavy discounts during the back-to-school season, which drove healthy levels of traffic and sales. Tax-free holidays that were held in several states in August provided an...
Money & CompanyThe California Public Employees' Retirement System, a fund with a long history of corporate-governance activism, is claiming significant success with a nearly year-old initiative to pressure companies in which it invests to elect directors only with...
Money & CompanyShoppers appeared to be more cautious last month in spending for clothing and other items as rising gas and food prices took up a bigger chunk of their disposable income. Major retail chains reported a modest 4.9% gain in sales......
Money & CompanyThe Commerce Department said retail sales fell last month, a surprising development given that many major retailers have been reporting relatively healthy holiday results. Retail sales in December totaled $353 billion, a 0.3% decline from November, the...
Sol Price, who changed the retail industry by founding the landmark warehouse chain Price Club, has died. He was 93. Price died of natural causes Monday at his home in La Jolla, according to a statement released by his family. "He was an innovator, he...
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