New rules proposed by the Fed for debit card transactions may mean consumers end up paying more to use their cards, while big retailers save billions. The rules would sharply limit the transaction fees sellers pay, so banks cou…
Groupon, the online social coupon site launched in 2008, is looking to raise hundreds of millions of dollars in expansion-related funding after rejecting a bid from search giant Google worth as much as $6 billion, Bloomberg New…
Walmart Stores increased prices of thousands of toys at each store this month, as the world’s largest retailer looks to turn around its trend of negative same-store sales by spurring holiday-season revenue, Bloomberg News repor…
Zale Corp (ZLC), the third-largest jeweler in the United States, is considering selling its Piercing Pagoda kiosk business, Bloomberg News reported.
Zale is considering selling the business in order to focus on its fine jewelry operations, Bloomberg …
McDonald’s (MCD) is planning a massive expansion in China as it seeks to take advantage of rapid economic growth and burgeoning consumer demand.
The restaurant giant will boost investment in China by 40% in 2011,The Wall Street Journal said. The comp…