March 23, 2015

The Securities and Exchange Commission (SEC) rejected a request by Wal-Mart Stores to prevent shareholders from voting on a proposal to elect an independent board chairman at the retailer’s annual meeting in June.

March 23, 2015

Bigger is often said to be better, but some big restaurant chains may not agree. The 500 largest restaurant chains in the U.S. accelerated their cumulative sales growth in 2014 to a 4% increase, totaling an estimated $274.4 billion, according to data released by Technomic Inc.

March 20, 2015

Wal-Mart Stores has reached a settlement with the two children of James McNair, the comedian who was killed in the highway accident that also seriously injured comic and former “Saturday Night Live” performer Tracy Morgan, the Associated Press reported.

March 19, 2015

Walmart narrowly leads the one-stop basket assessment versus Target, according to the latest Kantar Retail basket pricing study, which examines a basket of grocery, HBA, and general merchandise items.

March 19, 2015

Cindi Marsiglio,  VP of U.S.manufacturing for Walmart, shared new details about the company's  first-of-its-kind event, which is designed to advance the retailer’s $250 billion domestic sourcing agenda.

March 13, 2015

Ann Inc. on Friday posted a 94% drop in profit for the fourth quarter as incremental air freight costs in response to the West Coast ports dispute and lower margins resulting from increased promotional activity cut into sales.

March 12, 2015

Wal-Mart Stores Inc. has integrated the Visa ReadyLink instant fund service into its Rapid Reload network of prepaid card programs.

March 11, 2015

Shoppers interested in purchasing products from women-owned companies will find it easier to do so at Walmart with the introduction of a new logo and related promotional effort.

February 26, 2015

Walmart and the Walmart Foundation announce an initial investment of $16 million to seven national nonprofit organizations, as part of a new Opportunity initiative, a $100 million commitment to help increase the economic mobility of entry level workers in retail and adjacent sectors.

February 25, 2015

Lowe's Cos. reported net earnings of $450 million for the fourth quarter ended Jan. 30, a 47.0% increase over the year-ago period.

February 24, 2015

Atlanta-based The Home Depot reported a strong fourth quarter performance, with sales up 8.3% to $19.2 billion, and fourth quarter net earnings up 36.1% to $1.38 billion.

February 20, 2015

On Thursday, in a move that could shape the minimum wage debate, Walmart announced it was raising the minimum wage of its employees to $10 per hour, which is significantly higher than the Federal minimum wage. The news has met with a mixed reaction.

February 20, 2015

Ann Inc., parent of Ann Taylor and Loft. is reportedly working with financial firm JPMorgan Chase & Co. on a potential sale.

February 13, 2015

How do you mold a large workforce with a significant part-time segment into experts in home improvement so customers get the answers they need every time they walk in the doors of The Home Depot?

February 11, 2015

Phoenix area consumers have a new option for online grocery shopping, at least for now.

February 11, 2015

Wal-Mart Stores is giving a big boost to its Canadian operations even as Target shuts downs its failed Canadian venture.

February 10, 2015

The Home Depot is prepping for spring, traditionally its busiest selling season, with 80,000 new hires and by rolling out the latest mobile technology to better serve customers.

February 10, 2015

U.K. digital department store retailer Shop Direct is moving to a hybrid cloud model, hosted by IBM, to increase flexibility and quickly respond to changes in demand as it grows.

February 4, 2015

The office supply stores industry already exhibits a high level of market concentration, with the two largest companies (Office Depot Inc. and Staples) accounting for the vast majority of industry revenue. This merger would bring 73.6% of the total market share under the control of the newly formed entity.

February 3, 2015

The office supply retail vertical may be in for more consolidation. According to the Wall Street Journal, Staples Inc. and Office Depot Inc. are in the “advanced stages” of negotiations to combine the two biggest U.S. office supply chains.

January 22, 2015

Wal-Mart Canada will open 11 supercenters across the country by Jan. 29, 2015, completing its expansion for the company's current fiscal year.

January 21, 2015

The family of James McNair, the comedian killed in the automobile accident that also seriously injured comedian Tracy Morgan, has reached a financial settlement with Wal-Mart Stores Inc, Reuters reported.

January 20, 2015

In its newest move to offer more in-store financial services, Walmart is offering shoppers the option to pick up their tax refunds in cash.

January 16, 2015

The Home Depot Inc. has named CEO and president Craig Menear as chairman, effective Feb. 2. He will succeed Frank Blake, who will retire as chairman.