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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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
Jun 13, 2013 |Story| Los Angeles Times
Jun 10, 2013 |Story| Los Angeles Times
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May 23, 2013 |Story| Reuters
Sep 25, 2007 |Story| Chicago Tribune
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May 22, 2013 |Story| Chicago Tribune
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May 22, 2013 |Story| Los Angeles Times
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