Robust Retail Sales Lift Merchants’ Holiday Spirits

The biggest shopping season is off to an even better-than-expected start. New government figures show November sales rose 0.8% from October and 7.7% from November 2009, supporting retailers’ recent view that the recession is fi…

Walmart Makes Another Push Into New York City

Walmart steps up efforts to penetrate the New York City market, hiring Mayor Bloomberg’s former campaign manager to help coordinate the campaign.
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More Shoppers Take to the Web for the Holidays

More shoppers are flocking to the Web for the holidays, boosting online retail sales 12% over a year ago. In five weeks ending Dec. 3, Americans spent $17.5 billion on retail items on the Web, up from $15.7 billion in the year-…

Walmart to Stop Paying New Employees Extra to Work Sundays

As part of its efforts to reduce its labor costs, Walmart plans to stop paying its staff an extra $1 an hour for working Sundays starting in 2011, according to Bloomberg. The move won’t affect the retailer’s 1.4 million current…