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  • Walmart to expand vet hiring program

    Walmart is more than doubling the number of veterans it plans to hire by the year 2020.

  • Kohl’s confirms test of off-price store in Cherry Hill, New Jersey

    Menomonee Falls, Wis. -- Kohl’s Corp. confirmed reports that it will soon begin testing a highly discounted format, called "Off Aisle by Kohl’s,” with a store set to open in early June in Cherry Hill, New Jersey.

  • Kohl's confirms off-price store in New Jersey

    Kohl’s is testing the off-price waters by opening a discount store in Cherry Hill, N.J., this summer called "Off Aisle by Kohl's," the company has confirmed.

  • Housing recovery lifts sales at Lowe's

    The rebounding housing market lifted Lowe's financial results in the first quarter, although not as much as Wall Street expected.  

  • Walmart extends veteran hiring

    Bentonville, Ark. -- Walmart announced the next step in its Veterans Welcome Home Commitment by guaranteeing a job offer to any eligible U.S. veteran honorably discharged from active duty since the commitment’s original launch on Memorial Day 2013.

    The previous commitment was for veterans within 12 months off active duty. In addition to the Veterans Welcome Home Commitment, Walmart is expanding its 2013 projection of hiring 100,000 veterans by 2018, increasing the projection to 250,000 veterans by the end of 2020.

  • Target hits the bulleye in first quarter

    Target’s efforts to revamp its product assortment are apparently paying off for the company, which reported a nearly 52% surge in first quarter profit on strong sales of fashion, home and beauty products.

    The company posted a profit of $635 million for the three months that ended May 2. Same store sales rose 2.3%, beating forecasts. Revenue rose 2.8% to $17 billion. Online sales rose nearly 38%.

  • Disney opens its largest store in the world, in Shanghai

    Shanghai -- Disney Store has opened its first store — and largest store to date — in Shanghai, China. With 9,257 sq. ft. of shopping space, the flagship also features an outdoor plaza.

    The store has numerous design features unique to Shanghai, which include:

    • A Disney Magic Kingdom Castle, measuring 19 ft. high at the heart of the store, featuring an hourly musical and projection show;

  • American Eagle flying high on strong Q1 profit, sales

    Pittsburgh -- American Eagle Outfitters on Wednesday reported first-quarter net income of $29.1 million, up from $3.9 million a year ago, amid higher sales and fewer promotions. It results beat Wall Street expectations.

    The retailer posted better-than-expected revenue of $699.5 million for the quarter ended May 2, up 8% from $646.13 million a year ago.

    Total same-store sales rose 7%.

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