Tag Archives: chain
Penney sales tumble again, amid hopeful signs
By Phil Wahba (Reuters) – J.C. Penney Co Inc on Tuesday reported another quarter of steep sales declines, hit by the lingering effects of its former chief executive's failed marketing strategy. Continue reading
News Summary: Retailers lead stock indexes higher
RETAIL POWER: Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, leading major stock market indexes higher. The discount chain Ross Stores jumped 6 percent, the best … Continue reading
Best Buy slashes prices for iPad 3
Retailer Best Buy is offering a 30 percent discount on its current stock of Apple iPad 3 tablets in the United States, a spokeswoman for the world’s largest consumer electronics chain said on Wednesday. Retailers typically slash prices on products in the lead-up to a major launch of a new iPad or iPhone as a way of clearing old inventory, analysts have said. “We’re not discounting the price of iPa… Continue reading
Wal-Mart’s staffing levels criticized over not-so-fresh groceries
As it intensifies its push into groceries and perishable foods, Wal-Mart Stores Inc. Continue reading
Consumer Reports puts restaurant nutrition claims to the test
Most big chain restaurants now put nutrition information – calories, fat and sodium – on their menus and websites. But just how accurate are these numbers? Does the meal you’re served match the nutritional profile promised?Consumer Reports decided to find out Continue reading
Starbucks buys first coffee farm for research
Starbucks, the world’s biggest coffee chain, said Tuesday that it bought its first coffee farm, where it will research the leaf rust that is devastating Central American crops. Continue reading
FTC urges transparent, secure mobile payment systems
WASHINGTON (Reuters) – Fast, efficient mobile payments could be a huge boon to business but companies must ensure customer data is safe and provide users with recourse in case of fraudulent or incorrect billing, the Federal Trade Commission said in a report on Friday. The commission also urged every company in the mobile payment chain to track payments so customers know who to contact if there is an error; to tell customers what data is collected and why; and allow customers to block all third-party charges Continue reading
