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Wild Oats chain is poised to reopen this year
Wild Oats Markets Inc., the closed purveyor of organic and natural foods, is planning a comeback this year, potentially aided by local billionaire Ron Burkle. The company, which has been out of operation since 2007, now says on its website that it is...
Tags: Whole Foods Market, Economy, Business and Finance, Wild Oats Markets Incorporated, Arable Farming, Marketing
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Amazon to roll out home delivery service for groceries in L.A.
Online retail powerhouse Amazon.com formally announced it was rolling out home grocery and food delivery to Los Angeles. The AmazonFresh service, which has been available in Amazon's hometown of Seattle since 2007, will pick local businesses to sell...
Tags: Services and Shopping, Amazon.com Inc., Wal-Mart Stores, Inc., E-Commerce Industry, Consumer Goods Industries
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Retail sales warm up in May amid good weather
Retail sales in May had their best month since January, as warmer weather and a stock market rally drew out shoppers who had spent March and April cooped up indoors. Same-store sales across the board rose an estimated 3.9%, slightly beating expectations...
Tags: Stock Market, American Apparel, Consumer Confidence, Thomson Corporation, Unemployment Rate
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Retail sales heat up in May amid warmer weather
Consumers emerged in May to give retailers their best month since January, lured by warmer weather and the confidence lift from the surging stock market and rising housing prices. Same-store sales increased 4.8% from a year earlier, beating expectations...
Tags: Stock Market, American Apparel, Costco Wholesale Corporation, Ann Taylor, Consumer Confidence
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Target, Macy's among retailers suing Visa, MasterCard over swipe fees
ReutersMacy's Inc., Target Corp. and 15 other U.S. retailers sued Visa Inc. and MasterCard Inc. on Thursday over fees to process credit card transactions. The lawsuit, filed in U.S. District Court in Manhattan, came before a May 28 deadline for the millions...Tags: TJX Companies Incorporated, Kohl's Illinois, Inc., Economy, Business and Finance, Laws, Interior Policy
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Lawsuit filed against crib manufacturers
Tribune staff reporterA Hanover Park woman who purchased a crib from Simplicity Inc. that is part of the largest recall of full-sized cribs ever in the U.S. went to court Monday seeking damages for owners of the cribs. Amber Spitzer, whose 1-year-old daughter, Briana, had...Tags: Graco Incorporated, Citrus Heights, Death, Crime, Law and Justice, Trials
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Sears reports bigger-than-expected 1Q loss
NEW YORK (AP) — It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its...Tags: Economy, Business and Finance, Kmart, Quarterly or Semiannual Financial Statements, Credit and Debt, Companies and Corporations
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Sears loss widens in 1Q on continued sales slide
Tribune reporterSears Holdings Corp. said it lost $279 million, or $2.63 per diluted share, in the first quarter compared to $189 million or $1.78 per share a year earlier. The Hoffman Estates-based retailer said sales slid to $8.4 billion from $9.2 billion last year,...Tags: Companies and Corporations, Kmart, Economy, Business and Finance, Kohl's, Sears Holdings Corp.
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Weaker-than-expected 1Q chills Target's forecast
ReutersTarget Corp. shares sagged more than 4 percent Wednesday as the discount retailer cut its full-year profit forecast on weak first-quarter results. Target warned in April that its first-quarter results would be weaker than anticipated, and its performance...Tags: Earnings Forecasts, Lowe's Companies Inc., Walmart, Kohl's, Wal-Mart Stores, Inc.
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The day ahead in business May 22
Reports: MBA mortgate index for week ended May 18, 6 a.m.; Existing home sales for April, 9 a.m.; Bernanke testimony before the Joint Economic Committee of Congress, 9 a.m.; Crude inventories for week ended May 18, 9:30 a.m.; Minutes of FOMC meeting May...
Tags: Sears Canada Inc., Hewlett-Packard Co., Westell Technologies Incorporated, Staples Inc., Lowe's Companies Inc.
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STOCKS NEWS US-Economic and earnings diary for May 22
ReutersReal-time equity news [E U] U.S. stock market report 0721 ET 22May2013-Economic and earnings diary for May 22 ----------------------------------------------------------------------------- Economic data expected on Wednesday includes existing home...Tags: Stock Market, Hewlett-Packard Co., Ben Bernanke, Lowe's Companies Inc., S&P 500
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Target earnings disappoint, retailer cuts full-year forecast
Target Corp., like many other retail rivals, was laid low in its first fiscal quarter by cold spring temperatures that discouraged seasonal shopping and caused the chain to underperform by even its own metrics. The Minneapolis company said sales at...
Tags: Gregg Steinhafel, Walmart, The Home Depot, Quarterly or Semiannual Financial Statements, Earnings
Jun 13, 2013
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May 23, 2013
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May 24, 2013
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May 23, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
|Story| Los Angeles Times
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