Home Depot Inc. reported that net income in the third quarter rose 12% to $934 million, compared with $834 million in the year-ago period.
Saks Inc. reported that profit for the quarter ended Oct. 29 slid to $17.8 million from $36.3 million a year earlier, still beating Wall Street expectations.
Target announced it will open a CityTarget store in the Westwood Market Place, Westwood, Calif., in July 2012.
Urban Outfitters Inc.’s third-quarter profit fell 31% amid a decline in same-store sales and as merchandise markdowns continued to weigh on margins.
Family Dollar has entered the state of California, opening four stores, in Ontario, Rialto, Riverside and Fontana.
Wal-Mart Stores has acquired Australian tech start-up Grabble for an undisclosed amount.
Tiffany & Co. on Monday launched its first annual web-based Corporate Responsibility Report.
Office Depot said that it has promoted current executive VP, corporate strategy and new business development Steve Schmidt to the position of president international.
Lowe's Cos. reported that net income for the quarter ended Oct. 28 dropped 44% as store-closing charges undercut a slight uptick in quarterly sales.
It’s official: Two more Apple Retail veterans are joining their former boss Ron Johnson at J.C. Penney Co.