Retail Executive Finance News

04/24/2013 - 4:54pm
Tractor Supply profit up in Q1; opening 100+ stores

Tractor Supply Co. reported that net income for the quarter ended March 30 rose to $44 million, compared with $40.3 million in the year-ago period.

04/24/2013 - 11:53am
Children's Place CFO adds COO title

The Children's Place said that current CFO Michael Scarpa has also been appointed COO, effective immediately.

04/24/2013 - 10:50am
Supervalu loss widens in Q4
Supervalu Inc., which recently divested 877 supermarkets in a $3.3 billion transaction, reported Wednesday a loss of $179 million in the fourth quarter, widened from $42 million in the year-ago period.
04/23/2013 - 10:56am
Coach tops estimates; Reed Krakoff to step down
Coach reported that its net income for three-month period ending on March 30 rose 6.2% to $238.9 million amid strong sales in North America, beating analysts’ expectations.
04/23/2013 - 10:51am
RadioShack’s Q1 loss widens; updating image and stores
RadioShack Corp. on Tuesday reported a bigger-than-expected first quarter loss on weak sales of wireless phone contracts.
04/23/2013 - 10:49am
Report: Wal-Mart CEO compensation rose 14% to $20.7 million in 2012
Wal-Mart Stores CEO Mike Duke received pay package in 2012 worth $20.7 million, up 14% from the previous year, according to an Associated Press analysis of a regulatory filing Monday. Duke's performance-based cash bonus jumped more than 50%.
04/22/2013 - 5:23pm
Walmart exceeds $1 billion in philanthropic giving
For the first time in the retailer’s history, Wal-Mart Stores Inc. said that, through Walmart and the Walmart Foundation, it has given more than $1 billion in cash and in-kind contributions.
04/22/2013 - 5:19pm
Former Office Depot COO charged with insider trading
A Monday report by Forbes said that former Office Depot COO Mark Begelman has been charged with profiting off confidential information.
04/22/2013 - 10:54am
Office Depot shareholder redoubles efforts to change board

Investment firm Starboard Value, Office Depot’s largest stockholder with a 14.8% stake, revealed Monday it has delivered a letter to the office supply retailer’s board of directors, expressing “strong disappointment at the board's failure to work constructively with Starboard to reconstitute the board.”

04/22/2013 - 10:52am
Walmart Asia environmental program saves 20% in energy costs

The Asia arm of Wal-Mart Stores Inc. said it has achieved energy savings of 20% across 210 supplier factories in China.

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