Stories by Anne D'Innocenzio

Wednesday, Aug 19, 2015

Target boosts annual profit outlook as sales rise

NEW YORK — Target raised its annual profit outlook as the discounter’s efforts to spruce up fashions and other merchandise are resonating with shoppers.
By Anne D'Innocenzio

Tuesday, Aug 18, 2015

Pay raises, store spruce-ups crimp Wal-Mart's profit

The world's largest retailer cut its annual earnings outlook Tuesday because its profits are being squeezed by pay raises for workers and efforts to make its stores cleaner and friendlier and ...
By Anne D'Innocenzio

Friday, Aug 14, 2015

JC Penney's losses narrow in second quarter

J.C. Penney said Friday that its losses narrowed in the second quarter on better than expected sales, fueled by men's clothing, fine jewelry and the beauty brand Sephora. And a key revenue measure ...
By Anne D'Innocenzio

Wednesday, Aug 12, 2015

Macy's sets its sights on China amid tough US climate

NEW YORK — Macy’s Inc. is setting its sights on the Chinese shopper, with plans to test selling goods online in the world’s second largest economy late this year.
By Anne D'Innocenzio

Monday, June 22, 2015

Martha Stewart Living acquired for about $353 million

Martha Stewart Living Omni­media Inc. is being sold to Sequential Brands Group, which owns and licenses such brands as Ellen Tracy and Jessica Simpson.
By Anne D'Innocenzio

Tuesday, June 2, 2015

Some jobs at Wal-Mart will get pay raises

Wal-Mart is raising starting wages for more than 100,000 U.S. department managers and workers in its deli and other specialized departments.
By Anne D'Innocenzio

Friday, May 22, 2015

Wal-Mart urges suppliers to curb antibiotics, treat animals better

NEW YORK — Wal-Mart’s push to get its suppliers to give farm animals fewer antibiotics and more room to roam is expected to have a big impact on the food industry, experts say.
By Anne D'Innocenzio

Part-timers turn attention to sick leave policies

NEW YORK — For Shannon Henderson, getting a cold or flu could be the difference between putting food on the table and going hungry.
By Anne D'Innocenzio

Wednesday, May 20, 2015

Sales rise at Target for 1st quarter

Target's 1Q profit rises 52 percent as turnaround efforts start to pay off.
By Anne D'Innocenzio

Tuesday, May 19, 2015

Wal-Mart profit falls on currency shifts, pay raises

Currency shifts, pay raises put pressure on Wal-Mart profit as revenue declines.
By Anne D'Innocenzio

Saturday, May 16, 2015

Mirror, mirror on the wall: Smart mirrors boost sales

NEW YORK - Imagine a fitting room with a "smart" mirror that suggests jeans to go with the red shirt you brought in. It snaps a video so you can compare the image side-by-side with other colorful ...
By Anne D'Innocenzio

Wednesday, May 13, 2015

Wal-Mart to test drive unlimited shipping

Wal-Mart Stores Inc. will test a new unlimited shipping service for online shoppers this summer priced below Amazon's popular $99 per year service.
By Anne D'Innocenzio

Sunday, April 26, 2015

Teen retailer ditches beefcake models, racy ads

The moves are part of a new set of changes the retailer announced Friday as it distances itself from the controversial sexualized image established by former CEO Mike Jeffries.
By Anne D'Innocenzio

Monday, April 20, 2015

Limited-time deals with designers risky

Discount retail/designer label partnerships are a challenge to stores when offering limited-time collections.
By Anne D'Innocenzio

Wednesday, Feb. 25, 2015

Target reports quarterly losses from Canada pullout

NEW YORK - Target Corp. delivered a cautious profit outlook for the first quarter and reported a loss in its fourth quarter, dragged down by costs associated with liquidating its Canadian stores.
By Anne D'Innocenzio

Thursday, Feb. 19, 2015

Nearly 40 percent of Wal-Mart workers to get pay raises

Nearly 40 percent of Wal-Mart workers to get pay raises as part of $1B investment.
By Anne D'Innocenzio

Tuesday, Feb. 10, 2015

Home Depot hiring more than 80,000 workers for spring

Home Depot plans to hire more than 80,000 workers for spring season, level with a year ago.
By Anne D'Innocenzio

Thursday, Feb. 5, 2015

J.C. Penney zeros in on hair salons as key to recovery

No more bad hair days: J.C. Penney aims to give its hair salons a refresh.
By Anne D'Innocenzio

Wednesday, Dec. 24, 2014

Wal-Mart tests gift card exchange

NEW YORK - Starting Christmas Day, Wal-Mart is letting customers exchange gift cards from more than 200 retailers, airlines and restaurants for a Wal-Mart card. The cards don't expire and can be ...
By Anne D'Innocenzio

Thursday, Dec. 11, 2014

3 major teen retailers face sales declines

NEW YORK - Being a teen can be tough, but catering to one is even more difficult. Teen retailers are learning that lesson the hard way this holiday season
By Anne D'Innocenzio
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