Content about Economics

July 11, 2014

Tractor Supply is scheduled to provide complete second-quarter results in just under two weeks. But the first half of the quarter was affected by bad weather, which caused softness in sales, particularly in seasonal merchandise, prompting the company to lower its full-year guidance.

July 10, 2014

Just a day after reporting first-quarter results, the Container Store has launched POP! — its customer engagement program of Perfectly Organized Perks — in its 66 existing stores and on its website.

July 7, 2014

Bed Bath & Beyond plans to spend nearly $3 billion buying back its own stock during the next two years after weak results earlier this year prompted a sell-off in the company’s shares.

June 26, 2014

David Campisi joined Big Lots a little more than a year ago as president and CEO and with sales and profits gathering momentum the nation’s leading off-price retailer has decided to begin paying a hefty dividend.

June 19, 2014

AutoZone shares have traded above $500 for most of the year but the company remains an aggressive purchaser of its own stock and recently authorized the expenditure of $750 million to buy even more shares.

June 16, 2014

The Securities and Exchange Commission (SEC) has charged four Northern California residents with insider trading in Ross Stores stock options based on nonpublic information about monthly sales results leaked by one of the retailer’s employees.

June 16, 2014

The U.S. economy has undergone significant financial and social upheaval over the past five years, with companies seemingly invincible to the vagaries of the financial markets disappearing overnight.

June 11, 2014

A lot of change is taking place at Target these days, but one thing the company isn’t messing with is a generous dividend that has helped sustain the value of the stock price.

June 3, 2014

Father’s Day is already the smallest of gift-giving holidays and this year Americans are expected to spend even less, according to the National Retail Federation’s (NRF) 2014 Father’s Day Spending Survey, conducted by Prosper Insights & Analytics.

May 16, 2014

Mattel has elevated company veteran Tim Kilpin to the role of EVP, international. Kilpin will be responsible for advancing the company’s international presence and leading its growth in emerging markets throughout Asia, Europe and Latin America.

May 15, 2014

Former Federal Reserve chairman Ben Bernanke is scheduled to deliver a keynote address at the National Association of Chain Drug Stores (NACDS) Total Store Expo later this year.

May 12, 2014

DSW has closed on its acquisition of Town Shoes Limited, the largest footwear and accessories retailer in Canada, for $68.7 million (USD) in cash. DSW acquired a 49.2% interest in Town Shoes from certain clients of Alberta Investment Management Corporation (AIMCo) and other minority shareholders.

May 1, 2014

GNC is launching a month-long fundraising and awareness campaign for Run With US! at more than 5,000 GNC stores and online at GNC.com.

May 1, 2014

An effort to raise the federal minimum wage to $10.10 failed on Wednesday, as the issue was not able to clear a procedural vote in the Senate. Senators predominantly voted across party lines, which places Democratic senators in favor and Republican senators opposed.

April 28, 2014

Overstock.com is now offering insurance for vehicle, residential and small businesses on its online shopping site.

April 8, 2014

Rakuten has teamed up with First Bankcard to launch the Rakuten Rewards MasterCard Program, which provides cardholders with reward points for using their credit card to shop on Rakuten.com and elsewhere.

April 3, 2014

Asset protection has been given a high priority at Family Dollar where the operator of more than 8,000 stores said it plans to equip each of its locations with electronic article surveillance (EAS) equipment from Checkpoint Systems.

March 26, 2014

A recent Federal Reserve report shows that household finances have regained substantial ground since the Great Recession, driven largely by the run-up in home values and surge in stocks. These positive forces have contributed to the highest level of wealth in our history — the net worth of U.S. households and nonprofits reached $80.7 trillion by the end of 2013.

March 25, 2014

GameStop has launched the GameStop Technology Institute (GTI), a new business unit focused on creating affiliations with leading technology corporations and academic institutions to discover and deliver business innovation and technology solutions “to better address the needs of today’s empowered consumer.”

March 20, 2014

With technology continuing to reshape the store experience, global retail real estate leader Simon Property Group is upping its digital game with the creation of a new venture capital group.

March 12, 2014

Verifi, a leading provider of global electronic payment and risk management solutions for card-not-present merchants, and ReD (Retail Decisions), a leading global fraud prevention services company, have agreed to jointly develop new products and solutions to benefit CNP (card-not-present) merchants.

March 7, 2014

Coupons.com has gone public. The digital promotional platform has priced its initial public offering of 10,500,000 shares of common stock at $16 per share, which is above the reported expected range of $12 to $14.

March 5, 2014

Weis Markets cited a shortened holiday season among the reasons for a decline in fourth quarter and year-to-date sales.

March 3, 2014

Publix’s sales for the fourth quarter of 2013 boosted the company’s stock price from $30 per share to $30.15 per share.

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