Kris Alingod – AHN News Contributor New York, NY, United States (AHN) – Protesters greeted Wal-Mart chief executive Mike Duke on Wednesday in New York, where he is looking to open stores. Members of the Retail, Wholesale and Department Store Union, New York Jobs with Justice and several other groups gathered outside Bryant Park Grill, [...]
SEATTLE — Starbucks said Wednesday its fiscal second quarter profit rose 20 percent as sales at existing stores continued to grow. Profit came in at $261.6 million, or 34 cents a share, up from a profit of $217.3 million, or 28 cents a share, in the same 2010… View full post on All Stories
Ayinde O. Chase – AHN News Editor Englewood, CO, United States (AHN) – DISH Network Corp. has been selected as the winning bidder in the bankruptcy court auction for all of Blockbuster, Inc.’s assets. DISH Network’s winning bid was valued at nearly $320 million. In announcing the acquisition, DISH Network said Wednesday it will pay [...]
David Goodhue – AHN News Reporter London, United Kingdom (AHN) – The largest protest in London since the beginning of the invasion of Iraq in 2003 turned violent Saturday when anarchists attacked what they considered symbols of capitalism, including shops and a luxury hotel. Hundreds of thousands of mostly peaceful demonstrators converged on Hyde Park [...]
Trefis submits: Gap ( GPS ) is a global specialty retailer that operates the Gap and Old Navy brands and competes with retailers such as Aeropostale ( ARO ), American Eagle ( AEO ), Abercrombie & Fitch ( ANF ) and Urban Outfitters ( URBN ). We estimate that Gap and Old Navy stores each [...]
Kris Alingod – AHN News Contributor San Francisco, CA, United States (AHN) – Wells Fargo is hiring more than 1,000 people for retail banks in the mid-Atlantic region. The San Francisco-based company is adding tellers, store managers and personal bankers to its staff as part of its integration with Wachovia branches. The new hires are [...]
Kris Alingod – AHN News Contributor Des Moines, Iowa, United States (AHN) – A convenience store chain is suing Subway to ensure that “footlong” remains an ordinary term to refer to a 12-inch sandwich. According to the Des Moines Register, Iowa-based Casey’s General Stores has filed a petition with the U.S. District Court asking for [...]
FOOTHILL RANCH, Calif.–(BUSINESS WIRE)–The Wet Seal, Inc. (Nasdaq: WTSLA), a leading specialty retailer to young women, reported net sales and comparable store sales for the four-week period ended January 29, 2011, or fiscal January, and the fiscal fourth quarter ended January 29, 2011, as follows: Fiscal January Net Sales Comparable Store Sales % Change $ [...]
Windsor Genova – AHN News News Writer San Francisco, CA, United States (AHN) – Police found missing 12-year-old Salem girl Britanny Smith unharmed and her alleged abductor in San Francisco on Sunday ending an Amber Alert issued in Virginia a week ago. A police tipster saw Smith and Scott Easley, 22, her mother’s boyfriend, at [...]
With so many homes falling to foreclosure in this current economic turbulence, many homeowners are struggling to keep on top of their mortgage payments so keep a hold on their homes. One of the best ways to help stretch out your funds to keep abreast of your monthly payments is by cutting down your monthly costs [...]
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