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Tag Archives: Wal-mart

Food, credit cards drive Target 3Q profit higher

NEW YORK (AP) — Target Corp.’s third-quarter net income rose 22.6 percent, helped by strong improvements in its credit card business and expansion into food. The cheap-chic retailer on Wednesday also projected a strong holiday, saying it expects an important ...

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Upscale retailers are recovering more quickly

Third-quarter earnings reports from Wal-Mart Stores Inc. and Saks Fifth Avenue show the far different streets their customers are living on. Wal-Mart’s third-quarter sales in the U.S. got squeezed as its financially strapped customers dealt with dire economic straits. Saks’ ...

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Holiday shopping battle starts to get pitched

NEW YORK — From free shipping from Wal-Mart to Sears stores open on Thanksgiving for the first time, the battle for holiday shoppers’ dollars has begun in earnest. The early competition to break through shoppers’ caution about spending promises savings ...

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Wal-Mart to aggressively roll out smaller stores

Wal-Mart Stores Inc. is planning an aggressive push into urban markets with a new small format that’s a fraction of the size of its supercenters. The expansion, expected to be spelled out next month at the retailer’s meeting with analysts ...

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