Retail giants, non-governmental organizations, academic experts, and the Environmental Protection Agency are banding together to reduce the social and environmental impacts of apparel and footwear products sold worldwide.
Wal-Mart
Target posted an 11 percent gain in fourth-quarter profit thanks to strength in its retail division, a discount credit card program and a cleaned up credit card business.
Wal-Mart is losing customers to dollar stores as it stuggles with pricing, and it continues to recover from a poorly executed decision, since reversed, to pare down the number of items it offered.
Borders Group filed for bankruptcy in New York today after management changes, job cuts and debt restructuring failed to make up for sagging book sales in the face of competition from Amazon and Wal-Mart.
Bernadette Clark used to visit Wal-Mart twice a week. Now it's twice a month. She got fed up last year when Wal-Mart stopped stocking some of her favorite brands and she couldn't count on low prices.
Who hasn't been reeled in by the lure of a money-back rebate, reducing the purchase price of that new dishwasher or refrigerator you need? The process sounds so simple, too: Just fill out a rebate form, mail it back with a proof of purchase, then sit back and wait for the check to arrive in the mail. At least so it seems.
Wal-Mart said it will be spending half a billion dollars this year to expand in Canada, the latest example ot a retail rush north to take advantage of Canada's relatively robust economy and eager-to-spend consumers.
The definition of a grocery store has dramatically changed in recent years, especially with large retailers such as Wal-Mart and Target now a part of the mix.
Wounded by a slump that continues to batter department stores despite a recent surge in sales at other retailers, many large U.S. chains are putting stores within their stores. All are drawn to the idea that partnering with specialized retailers and manufacturers can help them fill holes in their product offerings and help them profit from hot trends more quickly.
1962 was a very big year for discount retailing, with the opening of the very first Target, Wal-Mart and Kmart locations.