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  • eBay, Facebook make shopping social

    SAN FRANCISCO — Facebook's influence on retail continues to grow as eBay announced that it has integrated the social network's Open Graph functionality into its storefront and fulfillment platforms.

  • Gap details growth strategy; will test Piperlime store

    New York City -- Gap executives reaffirmed its commitment to reducing square footage at home, aggressive international expansion and online growth during a presentation at Gap Global Creative Center in New York City. Gap also revealed that its online-only Piperlime division will explore a store concept next year and is testing men’s apparel.

  • International growth dependant on EDLP acceptance

    Saving people money so they can live better is Walmart’s mission globally, now the company just has to convince shoppers worldwide that shopping at stores that offer an every day low price value proposition is the key to their prosperity.

  • Target fishes for seafood sustainability

    MINNEAPOLIS — Target announced that has partnered with FishWish to help reach its goal selling only sustainable and traceable seafood in its stores by 2015. 

  • PetSmart raises guidance ahead of analyst presentation

    PHOENIX — Ahead of its analyst and investor presentation Thursday, PetSmart announced that it is raising its third quarter guidance.

    The company said it now expects earnings per share for the third quarter to range from 46 cents to 48 cents. Initial guidance called for an EPS range of 41 cents to 45 cents. For the full year, earnings per share guidance is increasing to $2.46 to $2.52 from a previous range of $2.40 to $2.48.

  • Zale names CFO

    Dallas -- Zale Corp. said Wednesday that it has named Thomas A. Haubenstricker as senior VP and CFO, effective Oct. 17.

    Haubenstricker joins Zale from Turnberry Advisors where he served as a managing director.

  • Wal-Mart annual meeting to discuss business at U.S. stores

    Bentonville, Ark. -- Wal-Mart Stores will hold its annual meeting in Rogers, Ark., near its Bentonville, Ark., headquarters on Wednesday, and said the meeting focus will be on reversing the decline in its U.S. Walmart stores’ business.

    The retailer is also expected to share information about its upcoming holiday strategies and discuss capital spending plans.

  • Lowe's charitable arm donates $1M to Boys & Girls Clubs of America

    MOORESVILLE, N.C. — Lowe’s Charitable and Educational Foundation has announced a $1 million contribution to the Boys & Girls Clubs of America. Grants of up to $50,000 will fund repairs and renovations at 23 clubs across the United States.

    LCEF selected the clubs based on immediate facility improvement needs, the creativity of the projects and the potential impact on club members, Lowe's reported. Club staff will work to complete the projects in the next year and in many cases Lowe’s Heroes employee volunteers will provide hands-on help.

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