Financial
Kohl's Profits Fall 4.5%
First-quarter earnings beat projections despite fall, sales decline 1 percent.
— May 16, 2013
Wal-Mart Corruption Probe Costs Rise
The world’s largest retailer on Thursday revealed it spent $73 million in the first quarter on matters related to FCPA-related issues.
— May 16, 2013
Richemont Full-Year Net Rockets 30.2%; Rupert Sets Sabbatical
The chairman, controlling shareholder of the world’s second-largest luxury goods group will take a yearlong sabbatical beginning in September.
— May 16, 2013
Dillard's Net Rises on Flat Sales
Expense reduction helps profit grow 23.4 percent as comps grow just one percent.
— May 15, 2013
Tandy Loss Grows on Lower Sales, Charges
Firm expects new credit facility to be in place by end of month.
— May 15, 2013
Retail Stocks, E-commerce Gain Ground
Industry stocks set net high and e-commerce continued to grow in importance.
— May 15, 2013
