Payless ShoeSource to start liquidation sales at stores
FILE PHOTO: A Payless ShoeSource store logo is pictured in the Manhattan borough of New York, New York, U.S. April 4, 2017. REUTERS/Carlo Allegri/File Photo (Reuters) – U.S. discount retailer…
Mattel posts surprise profit as Barbie makeover lifts sales
(Reuters) – Mattel Inc posted a surprise fourth-quarter profit on Thursday, as the toymaker benefited from a makeover of its iconic Barbie doll, while keeping a tight lid on costs,…
Nissan scraps plan to build new X-Trail model in Britain
LONDON (Reuters) – Carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain and will produce it solely in Japan, warning two months before Brexit that uncertainty…
China’s services sector moderates in January but still solid: Caixin PMI
BEIJING (Reuters) – China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering continued support for…
Amazon sales outlook disappoints after record holiday quarter
(Reuters) – Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, dimming the online…
Overseas losses drag down Ford fourth-quarter results
DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except North America weighed on results. FILE PHOTO –…
Netflix shares fall as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the…
Bed Bath & Beyond posts better-than-expected profit, shares soar
FILE PHOTO: Shoppers leave A Bed Bath & Beyond store in Boca Raton, Florida in this March 19, 2016 . REUTERS/Carlo Allegri (Reuters) – Home furnishing retailer Bed Bath &…
New York sues Target, Walmart for sale of lead-contaminated toys
An employee pushes shopping carts outside a Walmart store in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski (Reuters) – New York Attorney General Barbara Underwood said on Thursday that…
New blow to China as African swine fever found in wild boar
BEIJING (Reuters) – China’s efforts to stem the spread of African swine fever were dealt a fresh blow on Friday when the agricultural ministry confirmed it had found the first…