sears

Sears 4Q Loss Narrows as Co. Reduces Expenses

Sears posted a smaller loss in the fourth quarter as it reduced its inventory and expenses while sales at its namesake stores rose slightly. The company that also owns the Kmart store chain lost $489 million, or $4.61 per share, for the period ended Feb. 2.

The 8 Retailers That Will Close the Most Stores in 2013

After years in an unsteady economic climate, being battered by e-commerce on one hand and more effective bricks-and-mortar competitors on the other, these eight chains need the relief that shrinking can provide. And this year, that's exactly what they'll get.

The Best (Not-MLK) Sales This Weekend

Retailers tend to shy away from running big promotions associated with Martin Luther King, Jr. Day. But it's still a long weekend, and people like to use their day off to shop. Here are a few of the weekend's best deals.

The 10 Most Hated Companies in America

Botched product launches, plunging stock values, massive layoffs, unhappy workers and poor customer service: These are just some of the woes that can win a business a spot on the 24/7 Wall St. list of the 10 most hated companies in America.

Big Retailers Fined for Pushing Phony Bamboo Fabrics

Macy's, Amazon and Sears have all agreed to fork over hundreds of thousands of dollars each in fines after the Federal Trade Commission busted them for passing off Rayon fabrics as genuine, environmentally friendly bamboo.

Five Big Surprises from Black Friday and Cyber Monday

Black Friday and Cyber Monday, the two most heavily hyped shopping days of the season, are behind us: Online retail sales were fantastic, and Amazon and Walmart had nice weekends. But anyone could have predicted that. Here are a few results of the big shopping weekend you probably didn't see coming.

Wall Street Watch: Waiting for All Week for Black Friday Numbers

Investors know that it will be a week of heavy eating and light trading. The market is closed on Thanksgiving, and will close early on Friday. However, it won't be a light week for retail, so the Black Friday and Cyber Monday results will be top of mind for the market-minded.

Target Responds to Backlash Over Thanksgiving Night Opening

Target is pushing back against complaints that its 9 p.m. Thanksgiving opening is ruining the holiday for its employees. It's hardly the only retailer making the move, an online petition singling out Target at Change.org had 228,000 signatures as of Friday morning.

Costco Moves into Mortgage Loans

There doesn't seem to be anything under the sun that Costco doesn't sell, including mortgage loans. The retailer's new online financial offering had been in testing mode for the past year, and it has worked so well that it has now been launched publicly.

Walmart's Thanksgiving Opening May Add Nothing to Bottom Line

Walmart's Black Friday plan to open at 8 p.m. on Thanksgiving with doorbuster deals is forcing other retailers to follow suit. This shift may or may not prove a winner with shoppers, but it's already upsetting retail workers -- and it may not even make a difference in boosting sales.

Target Joins the Black Friday Rush with Thankgiving Opening

Target's Black Friday Sale will begin at 9 p.m. on Thanksgiving, three hours earlier than a year ago. The discounter joins several other major retailers, including Walmart, that are kicking off the holiday shopping season on Thanksgiving Day and staggering deals over the two-day period.

Toys R Us Waives Fee for Layaway Program

Toys R Us is making it easier for shoppers to use its layaway program ahead of the crucial holiday season, waiving its service fee and minimum purchase requirement beginning Tuesday.