Highlights
A collection of news and information related to Wal-Mart Stores Inc. published by Tribune Company sources.
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Sales may mean dim holidays
Associated PressWhen it came to buying their children new jeans and trendy tops, parents held the line: They focused on basics at discounters and waited for the best deals, resulting in weak August sales at many stores. That's a bad sign for the holiday season, because...Tags: Nordstrom Incorporated, Christmas, Sales, Hurricane Gustav, Food Industry
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Hearing displays split on Bowleys Quarters project
To its opponents, the proposed condominium project on the Bowleys Quarters waterfront would be a monstrosity, a blight on the landscape the size of the playing field at M&T Bank Stadium. Its supporters, many of them of retirement age, enjoy the...Tags: M&T Bank Stadium, Chesapeake Bay, Retirement, Tropical Storms, Local Authority
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NJ: Chains sold old drugs, baby formula
Consumer affairs officials in New Jersey say Wal-Mart, Target and Drug Fair sold baby formula and nonprescription drugs after their sell-by dates. The state also alleges the companies charged more for back-to-school items at checkout than the prices... -
Slow August sales signal more weakness
As retailers reported their sales results Thursday, most mall-based apparel stores turned in sluggish results for August. Teen retailers that fared poorly included Wet Seal Inc., Abercrombie & Fitch Co., and American Eagle Outfitters Inc. High-end...Tags: Saks Incorporated, Nordstrom Incorporated, Wet Seal Incorporated (The), Sales, Abercrombie & Fitch Company
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Many U.S. Retailers Struggled In August
Many of the nation's retailers struggled with a sluggish back-to-school season, although Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials amid worries about high gasoline and food prices. As merchants announced...Tags: Saks Incorporated, Nordstrom Incorporated, Petroleum Industry, Wet Seal Incorporated (The), Sales
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Dangerous bassinets still on shelves
Chicago Tribune reporterFederal regulators urged retailers to pull more Simplicity bassinets from their shelves after Illinois attorney general staffers purchased models that could kill a baby but were excluded from a federal alert issued last week. The most troubling aspect of...Tags: Consumers, Metal and Mineral, Product Recalls, Sales, Baby Products, Games, and Toys
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Daily Press columnist snags prizes at AARP celebration
Joining the AARP is a rite of passage for people who turn 50. For Daily Press columnist David Squires, sending in that application meant more than being a member of the nonprofit that advances the issues of older people. Squires was the 40 millionth...Tags: Natalie Cole, Periodicals, Regis Philbin
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Stocks plummet after bad news
Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. The market was... -
More retailers recall Simplicity bassinets
THE ASSOCIATED PRESS Eleven more retailers have recalled Simplicity bassinets, bringing the total to 17 that have decided to recall the infant beds, which are linked to the deaths of two babies. The Consumer Product Safety Commission said Wednesday 11...Tags: Big Lots Incorporated, JC Penney Company Incorporated, Metal and Mineral, Product Recalls, Amazon.com Inc.
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Wall Street bummer
Of The Associated PressWall Street plunged Thursday, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. The market...Tags: Gold and Precious Material, Metal and Mineral, Sales, Gymnastics, Financial Markets
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Environment continues to be tough in retail
Many retail chief executives were speaking at a Goldman Sachs conference as they released their August sales results. A few themes were repeated throughout the presentations: Consumers are making their purchases closer to when they need them, a trend...Tags: Consumers, JC Penney Company Incorporated, Sales, Consumer Electronics Industry, The Goldman Sachs Group Incorporated
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Sales tepid as consumers keep spending sparingly
Chicago Tribune reporterConsumers kept up their penny-pinching ways in August as the nation's top retail chains reported another month of tepid sales growth. Shoppers flocked to discount chains, warehouse clubs and select teen clothing stores, and cut back on trips to...Tags: Saks Incorporated, Aeropostale Incorporated, Target Corporation, Nordstrom Incorporated, Gap Inc.
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