Topic: General Merchandise Stores

Wal-Mart shares drop on New York Times bribery allegations

Wal-Mart, the world's largest retailer, was accused by the New York Times of covering up $24 million in bribes in Mexico. Wal-Mart share prices dropped in early trading Monday.

Sears closings: At least 100 stores to be shuttered

Sears closings intended to shore up company's profits. Sears closings will affect Kmart stores, too, but not word on layoffs.

Best Buy a winner in holiday sales weekend

Best Buy sees turnaround from disappointing 2010 Black Friday sales by opening at midnight, focusing on low TV prices. Beyond Best Buy, Macy's and Walmart also score well in holiday sales weekend.

Cyber Monday deals: Is Amazon saving best for last?

Cyber Monday was Amazon's peak sales day last year. Amazon will want to lure shoppers again this year with great Cyber Monday deals.

Black Friday 2011: Best deals not always at Walmart, Amazon

Black Friday 2011 is prompting other retailers to offer lower prices on some items than Walmart does. Amazon's Black Friday 2011 deals remain a mystery.

Gap closing: Five stores that are poised to fill in the Gap

With the Gap closing stores across the US, which retailer will step in and the new go-to for the American shopper?

99 Cents Only Stores now worth $1.6 billion

99 Cents Only Stores says it has a deal to be acquired by two investors. The deal must be approved by 99 Cents Only share owners.

Wal-Mart: Is Amazon replacing it as low-price leader?

Wal-Mart, the longtime price leader, can't undercut online retailer Amazon this holiday season, an analyst says.

Cyber Monday: US Shoppers eye deals from laptops to Squinkies

The lines between Black Friday and Cyber Monday have blurred as retailers promote both at once. More retailers are having web-only specials, and more are offering free shipping.

Black Friday ads, come-ons to lure 138 million shoppers

Black Friday ads are working their magic. A new survey says slightly more Americans will shop during the three days after Thanksgiving this year compared with last year.

Recall: frozen vegetables from Walmart may contain glass fragments

24,000 pounds of frozen vegetables sold at Kroger and Walmart have been recalled for suspicion of containing glass fragments.

Deli meat recall announced for meat sold at Walmart

Deli meat recall: Roast beef and ham distributed to delis at the nation's largest retailer might be contaminated with Listeria bacteria.

Get ready Kindle fans: Target starts selling Kindle on Sunday

Target is the first brick-and-mortar retailer to carry the Kindle.

Nexus One gets patched, censored, not sold at Wal-Mart

The Google Nexus One smart phone is getting a software update to help with 3G coverage, its speech recognition won't pass along swear words, and it's most definitely not coming to your local big-box.

Meet the new mobile shopper: Smarter phones, savvier spenders

Mobile shopping is growing fast. Will it change the way you shop?

After Black Friday comes Cyber Monday 2009. Is it more virtual than real?

Cyber Monday 2009 is not the biggest online shopping day of the holiday season. But if the hype continues, it could yet become just that.

Black Friday sales: How deep will the discounts be this year?

Big discounts await shoppers during Black Friday sales the day after Thanksgiving. But later in the season, price cuts are unlikely to be as deep as they were last year.

Retail sales rise, but Americans just want basics

Retail season starts strong, but a long haul ahead

Sales were better than expected this past Black Friday, but will it last till Christmas?

Consumers close their wallets

Retail sales plunge a record 2.8 percent in October, suggesting a dismal outlook for holiday spending.

Consumer spending drops record 2.8 percent

Even without plunging auto and gasoline sales, October's rate was still -0.5 percent – a gloomy sign for holiday shopping.

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