marshalls

Wall Street this Week: Surprises in Store for Retailers

It's going to be a busy week for retailers as more than a dozen publicly traded chains offer up their latest quarterly financials. But regardless of how popular a diversion shopping is, don't assume that crowded malls are translating into blowout results for major retailers.

TJX to Cut 4,400 Jobs, Eliminate A.J. Wright Brand

The TJX Companies announced Friday that it was shutting down its A.J. Wright brand, converting 91 of its 162 stores to those of its other brands -- T.J. Maxx, Marshalls or HomeGoods -- and closing the rest. The move will eliminate 4,400 jobs, about half of them part-time positions.

Black Friday: Layaway starts now

National Layaway Week has already come and gone (Oct 4- Oct 8 according to Kmart, which invented the event), a full seven weeks before Black Friday...

Are we headed for our own lost decade?

Will our new-found miserly ways keep economic recovery out of our reach? What does the situation in Japan tell us?Over the last few weeks, the news...