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Wal-Mart to Acquire Jet.com for $3.3 Billion to Fight Amazon

2016-08-08 15:58:00| National Real Estate Investor

David M. Levitt and Shannon Pettypiece Wal-Mart Stores Inc. agreed to buy e-commerce startup Jet.com Inc. for about $3.3 billion, giving the worlds largest retailer the resources for a stronger shopping website. read more

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Walmart Asks Suppliers To Eliminate Host Of Chemicals

2016-08-03 19:30:00| Chemical Processing

Retailer urges its suppliers to drop eight controversial chemicals used in household items.

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US Q2 in brief - Perry Ellis, Bon-Ton Stores, Walmart, L Brands, American Eagle Outfitters

2016-07-25 12:27:00| Daily apparel & textile news and comment - from just-style.com

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Urban Outfitters delivered record results, while Nordstrom delivered what analysts described as a "disappointing" second-quarter, despite results coming in better than management expectations. Dillards, meanwhile, reported "poor" earnings and sales figures, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. Skechers missed analyst estimates as it revealed earnings hit by one-off charges, while Under Armour grew its top line thanks to strong sales in its domestic and international businesses.

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