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Wild Oats Markets Inc., the closed purveyor of organic and natural foods, is planning a comeback this year, potentially aided by local billionaire Ron Burkle. The company, which has been out of operation since 2007, now says on its website that it is...
Online retail powerhouse Amazon.com formally announced it was rolling out home grocery and food delivery to Los Angeles. The AmazonFresh service, which has been available in Amazon's hometown of Seattle since 2007, will pick local businesses to sell...
Retail sales in May had their best month since January, as warmer weather and a stock market rally drew out shoppers who had spent March and April cooped up indoors. Same-store sales across the board rose an estimated 3.9%, slightly beating expectations...
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...
NEW YORK (AP) — It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its...
Target Corp., like many other retail rivals, was laid low in its first fiscal quarter by cold spring temperatures that discouraged seasonal shopping and caused the chain to underperform by even its own metrics. The Minneapolis company said sales at...
Late last month, as the weather began to warm into a semblance of spring, teens and bargain hunters who had spent months crunching their spending surged into retailers to shop. Their activity helped push up a monthly measure of same-store sales by 3.8%...
Teens and bargain hunters propelled retail sales in April, but couldn’t save the industry from the dampening effects of chilly weather and continuing economic worries. A monthly measure of same-store sales rose 3.7% last month, according to...
Blackstone Group, the New York-based private equity group, announced Tuesday it would hire 50,000 military veterans over the next five years across its various businesses. The company said it is partnering with the White House, which is leading an...
Americans went about their shopping with a “meh” attitude in February, fretting about delayed tax refunds and higher payroll taxes while giving retailers a middling boost in sales. Three separate measures of same-store sales at locations...
Shoppers trod carefully in January, lured into stores by retailers dangling post-holiday clearance deals but spending sparingly to balance out higher payroll taxes and lingering economic uncertainty. Same-store sales at major retailers such as...
Retail giant Target Corp. said it is extending price-matching with select online retailers beyond the holidays into a year-round policy. The Minneapolis company said shoppers can now request price matches anytime on identical items found at some big Web...
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