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Chief Executive Officer Lee Scott told investors Wednesday that Wal-Mart Stores is focused on improving flagging sales at its existing U.S. stores, even as it cuts plans for new store openings in an increasingly saturated market. ...more
October 25, 2007
Retail sales in October may rise more slowly than previously forecast as stores continue offering discounts before the holiday shopping period to attract shoppers facing higher costs. ...more
October 24, 2007
Despite projections of the slowest annual growth of retail holiday sales since 2002, the U.S. trucking industry, which hauls nearly every item that Santa Claus does not, expects to benefit this year as consumers continue to give more gift cards. ...more
October 23, 2007
Move over, peace and happiness. Computers are what Americans really want nowadays. ...more
October 16, 2007
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