By Steve Smith On May 22 2013 - 10:55am

Lowe’s Reports Higher Q1 Net Earnings, Flat Sales

Mooresville, N.C. — Lowe’s reported higher net earnings on relatively flat sales in its fiscal first quarter, ended May 3.

Net earnings were $540

By Alan Wolf On May 22 2013 - 10:54am

Retailers To Help Tornado Victims

Moore, Okla. — Retailers including RadioShack, Target and Walmart are supporting relief efforts in tornado-torn towns across Texas and Oklahoma.

By Alan Wolf On May 22 2013 - 10:48am

Target Reports Lower Earnings, Flat Sales

Minneapolis — Target reported relatively flat sales and a 28 percent drop in net earnings during its first fiscal quarter, ended May 4.

First-quarter

By Alan Wolf On May 22 2013 - 10:27am

Staples Reports Lower Q1 Earnings, Sales

Framingham, Mass. — Staples reported lower sales and earnings for its fiscal first quarter.

Net income declined 9.1 percent to $169.9 million, and net

By Alan Wolf On May 21 2013 - 3:56pm

Home Depot’s Sales, Earnings Up In Quarter

Atlanta — The Home Depot reported higher sales, comp sales and net earnings in its fiscal first quarter, ended May 5.

Sales were $19.1 billion for the

By Alan Wolf On May 21 2013 - 1:46pm

Best Buy Sees Big Payoff In Supply-Chain Savings

Minneapolis — Best Buy is anticipating a big payoff from better supply-chain processes and floor-space utilization, which will offset huge investments in

By Alan Wolf On May 21 2013 - 10:30am

GSM Nation Signs Global Warranty

St. James, N.Y. — GSM Nation, an online seller of unlocked mobile phones, has selected Global Warranty Group (GWG) to provide handset-protection programs on

By Alan Wolf On May 21 2013 - 8:55am

hhgregg Looks To Furniture, Appliances For Profits

Indianapolis — hhgregg will expand its furniture assortment and boost its major appliance profile in pursuit of higher sales and profits.

The

By Alan Wolf On May 21 2013 - 8:50am

Appliance Builders Wholesalers Opens New Showroom

Silver Spring, Md. — Appliance Builders Wholesalers (ABW) has relocated one of its three Washington, D.C.-area showrooms.

The company, which has been

By Alan Wolf On May 21 2013 - 8:39am

Best Buy Reports Q1 Loss

Minneapolis — Best Buy reported an $81 million loss for the first fiscal quarter, ended May 4, compared with year-ago profits of $158 million, as promotions