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Costco raising membership fee: Frugal dilemmas
Costco Wholesale Corp. will raise its membership fee $5 to $55, Reuters reports. Executive members, who earn annual rebate checks, will see their annual membership increase from $100 to $110.
Other discount warehouses have already made similar moves....Tags: American Express Company
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Ross taps the thrill of the bargain hunt
Los Angeles Times Staff WriterMary Bullard has a sort of love-hate relationship with Ross Dress for Less. She doesn't like the stores because they have narrow aisles, long lines and "way too much stuff." But all that isn't enough to keep her away: The Corona, Calif., resident...Tags: Corporate Performance, San Francisco, Clothing, Accessories, and Shoes, Prices, Perry Ellis
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A dairy-aisle secret: Milk is a cash cow
The Wall Street JournalAre consumers getting gouged in the dairy aisle? America's farmers are swimming in such a glut of milk that they are getting their lowest prices for the stuff in 25 years. Processors of ice cream, butter and bottled milk have seen the price of their...Tags: Colleges and Universities, The Pennsylvania State University, Prices, New York City, Maryland
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Andersen loses last big client
Associated PressCHICAGO - Fast-shrinking Arthur Andersen LLP suffered two more setbacks yesterday with announcements that 25 newly departed partners and 250 other professionals have formed a consulting group and that the last of Andersen's 15 biggest public audit clients...Tags: San Francisco, Punishment, Accounting and Auditing, Finance, Aquila Inc.
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High stakes for supermarkets, unions
Special to SunSpotAs the supermarket showdown in California wears on, labor unions across the country are at a crossroads. Negotiations to end a months-old strike against two grocery store chains owned by Safeway Inc., Vons and Pavilion are at an impasse. Meanwhile,...Tags: Labor Legislation, Prices, Medical Services, Albertson's Incorporated, Maryland
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Ben Carson on giving
SunSpot StaffBenjamin S. Carson spends most of his time giving. Born into poverty in Detroit, Carson's childhood was marked by a strong temper, low self-esteem and constant ridicule from classmates because of poor grades. But his mother, Sonya Carson, refused to...Tags: Colleges and Universities, Surgery, Plastic Surgeons, Prostate Cancer, Robin Hood
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Wal-Mart U.S. sales weak; outlook below analysts' forecast
Reuters(Reuters) - Wal-Mart Stores Inc posted weaker-than-expected quarterly earnings on Thursday due to poor U.S. sales and said its profit for this quarter might also miss Wall Street's forecast. Everything from pressure on shoppers to a cool start to...Tags: Corporate Officers, Prices, Business, Quarterly or Semiannual Financial Statements, Earnings Forecasts
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Virginia Gazette Last Word for May 11: Internet sales tax; Ferry security; Seniors on the road
The Virginia GazetteLost and found "On Tuesday I unknowingly dropped a thick packet of paper-clipped cash on the ground outside my car door. While walking through Home Goods, I heard my license plate number announced over the intercom to see the manager. A subcontractor in...Tags: Teaching and Learning, Lincoln Center, Illegal Immigrants, Gun Control, Students
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ACTUALIZA 1-Ventas comparables en EEUU continúan con modesta recuperación en abril
Reuters* Analista prevén aumento de 4,3 pct en ventas de 13 principales cadenas * Ventas TJX, Ross superan estimaciones * Acciones de Buckle, Zumiez suben tras ventas mayores a lo esperado (Cambia redacción, agrega detalles y comentarios) Por Phil Wahba 9...Tags: Bath (Bethlehem, Pennsylvania), TJX Companies Incorporated, The Wet Seal Incorporated, Fred's Incorporated, Zumiez Incorporated
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REENVÃO-ACTUALIZA 2-Dato solicitudes subsidios desempleo EEUU indican fortaleza en mercado laboral
Reuters(ReenvÃa para actualizar vÃnculo a historia relacionada) * Solicitudes de subsidios por desempleo EEUU caen en 4.000 * Dato anota menor nivel en casi 5 años y medio * Promedio móvil de 4 semanas en pedidos, el menor desde 2007 * Inventarios...Tags: TJX Companies Incorporated, Victoria's Secret, Ross Stores Incorporated
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WRAPUP 4-U.S. same-store sales continue modest recovery in April
Reuters* Same-store sales up 3.8 pct vs expections of 4.3 pct sales gains * TJX and Ross beat, Ross raised profit forecast * ICSC forecasts May same-store sales up 2-3 pct * Gap beats, shares rise 7.2 percent after hours. By Phil Wahba May 9 (Reuters) - U....Tags: TJX Companies Incorporated, Tools and Hardware, Hardware, Buckle Inc., Best Buy Co., Inc.
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Same-store sales continue modest recovery in April
Reuters(Reuters) - Retail spending continued to grow modestly in April as bad weather delayed spring shopping in much of the country and many consumers gravitated toward discount chains. Thirteen major U.S. retailers reported a 3.8 percent increase in April...Tags: Auto Trends, Tools and Hardware, Consumer Confidence, Stock Market, Buckle Inc.
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