Bridgestone Buys Pep Boys for $835 Million
The $15-a-share deal expands Tokyo-based Bridgestone's network of U.S. tire and auto service centers by more than a third.
Wal-Mart Shares Tumble on Earnings Forecast
The stock suffers its worst fall since February 2000 as the retailer issues a gloomy outlook for 2017 that underscores investor concerns.
Wal-Mart Lays Off 450 Workers at Arkansas HQ
The retailer says it is aligning home office staff with its priorities of growing e-commerce sales and improving the shopping experience at its stores.
New Chip Cards Have Security Flaw, Retailers Say
Merchants worry that the chip ‘n’ signature cards being distributed in the U.S. by banks and other issuers are less secure than chip 'n' pin.
Stein Mart Faulted for Inventory Accounting
The retailer has settled SEC charges its internal accounting controls failed to ensure proper inventory valuations of items subject to price markdowns..
Fraud Costing Retailers Bigger Chunk of Sales
A survey finds all merchant segments took a big hit on fraud losses in 2015 and many are spending more than $100,000 a year on mitigation.
Kohl’s Loses Bid to Stop Exec From Taking New Job
A Wisconsin judge rules Kohl's didn't prove that Janet Schalk's move to Hudson's Bay posed a direct competitive threat.