Of all the items in Walmart's generally upbeat second-quarter results numbers, nothing must have come as a relief to company executives as much as the online sales growth figure. The retailer said on Thursday that online sales rose 11.8% in the quarter ended July 31, with the U.S. results outperforming other markets.
The world's largest retailer on Thursday gave Wall Street a pleasant surprise by reporting that comparable sales in the U.S. rose 1.6%, which was more than the 1% expected by industry tracker Consensus Metrix. The strong showing was boosted by more shoppers coming to stores, the popularity of its smaller format Neighborhood Market grocery stores and quicker growth online.
J.C. Penney thinks it has found the ultimate weapon to keep its turnaround on track: ramping up its own house brands. At Penney's first investor day since 2014, company executives outlined their three-year plan: one of the centerpieces of the updated strategy is doubling down on its private brands. J.C.
The chic discount retailer on Wednesday reported a 1.1% decline in comparable sales in the second quarter, and more worryingly, lowered its sales forecast for the remainder of the year-including the key holiday season. Shares were down 4% in premarket trading.
Real estate developer Westfield inaugurated a brand new mall at New York City's World Trade Center on Tuesday, replacing an emporium destroyed nearly 15 years ago in the most devastating terrorist attack on U.S. soil, the 9/11 attacks.
That didn't last long. Barnes & Noble on Tuesday ousted its Chief Executive Officer Ron Boire less than one year into his tenure, saying he "was not a good fit" in an unusual rebuke for such a corporate announcement. The move plunges the No. 1 U.S.
Media reports that Kmart is slowly going out of business via stealth liquidation sales have clearly struck a nerve with parent company Sears Holdings The company published a blog post on Wednesday seeking to debunk claims that Kmart is getting ready to shut down after a Business Insider article last week said, citing employees, that the company was purging warehouses and putting all stock out on the sales floor in what could seem tantamount to close-out sales.
Much of the gloom and doom in retail seems to be lifting at last but the industry's main association says politics could rain on stores' parade. The National Retail Federation, an industry group, raised its annual sales forecast on Tuesday, saying that the improving housing market, more jobs and better wages would spur more customer shopping.
Under Armour is coming to where millions of women shop: Kohl's. The sportswear maker, which skews male, on Tuesday said it would begin selling its apparel, accessories and footwear at all of Kohl's 1,160 stores beginning in March in a move that will give Under Armour much greater reach with women customers, while giving Kohl's a new way to set itself apart from some department store rivals.
McDonald's reported slower-than-expected U.S. sales growth on Tuesday, hurt by customer reluctance to embrace its pricier items, stoking fears the burger chain's vaunted turnaround has stalled. It was the second quarter in a row of disappointed sales growth in the United States despite initiatives like its all-day breakfast menu.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. David Pogue)
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both politicians Barack Obama and Mitt Romney by
searching Obama AND Romney or Obama +Romney.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used.) For example, search for democrat OR republican to find results that refer to
Democrats and/or Republicans.
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.