Walmart is emphasizing e-commerce for growth, said Neil Ashe, the chain’s president and CEO of global e-commerce, said during an investor presentation Wednesday morning.
The Jones Group Inc. returned to a profit in the first quarter, but sales were hampered by unseasonably cool weather.
CVS Caremark Corp.’s first-quarter earnings rose a better-than-expected 23% as new generic drugs and demand for flu medications helped the company’s profitability.
Big 5 Sporting Goods Corp. reported upticks in net income, sales and same store sales for first quarter fiscal 2013.
Sport Chalet announced it has retained Financial Profiles as its investor relations firm.
Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.
Pizza chain Domino’s, Inc. reported a 6.2% increase in domestic store sales during first quarter 2013, compared to the same quarter a year earlier.
Consumer electronics retailer Best Buy is leaving the European market.
Office products retailer Office Depot reported a worse-than-expected first quarter net loss of $17 million, compared with net earnings of $41 million a year earlier, hurt by lower sales and costs related to its pending merger with OfficeMax.
Multibillion dollar transactions drove U.S. retail and consumer deals during the first quarter of 2013, according to PwC US.