Why Is a Technology Executive Leading Sears?

After a three-year search, Lou D’Ambrosio, a former technology executive, has been tapped to lead the struggling retailer.
Continue reading Why Is a Technology Executive Leading Sears?

Why Is a T…

Week in Preview: Retail Earnings in the Spotlight

Many of America’s best-known retailers, including Walmart, Home Depot and JCPenney, will be stepping into the earnings spotlight this week. Their reports come on the heels of disappointing January retail sales numbers from the …

Fourth-Quarter Retail Earnings: Can the Uptrend Continue?

After a holiday season that marked a return to some form of normalcy, merchants are bracing for a year of mild sales growth and more stable operations. Whether that momentum holds is an open question, given the state of the hou…

Staples Reports Third Quarter EPS of 40 Cents

Staples (SPLS) reported third quarter earnings of 40 cents per share, up from 37 cents a year ago.

Sales rose slightly to $6.5 billion, Staples said in a statement. Sales at stores open at least one year fell 1%.

“Our growth initiatives in North Am…