Costco now delivers to your door

GOBankingRates Staff Mar 22nd 2017 3:23PM If you hate going to the grocery store, you’re not alone. Taking lead from retailers like Amazon and Google, Costco is now joining the growing number of grocery stores to team up with delivery services that bring fresh goods right to your door. Grocery delivery services are so popular,…

Starbucks says it will hire 15,000 more veterans after facing backlash for refugee hiring plan

Having recently hit its target of hiring 10,000 veterans, Starbucks just announced plans to hire 15,000 more. Starbucks announced at its annual shareholders’ meeting on Wednesday that it hit its initial goal of hiring 10,000 veterans and military spouses one year ahead of the company’s 2018 deadline. The coffee chain is aiming to accomplish its…

Macy’s just signaled the end of department stores as we know them

Macy’s is morphing into a discount store. The department-store chain is testing self-service systems in its shoe departments and at its beauty counters, meaning customers would serve themselves instead of finding a salesperson to retrieve shoes or make eyeliner recommendations. This model copies highly successful off-price retailers like TJ Maxx and Nordstrom Rack. Customer service…

Urban Outfitters sinks after earnings miss

Prashanth Perumal (pjeyathilagar@businessinsider.com) Mar 8th 2017 12:28PM Urban Outfitters’ shares slumped more than 8% on Wednesday morning after its fourth quarter results (for fiscal-year 2017) missed analyst estimates. The company reported earnings per diluted share of $0.55 for the fourth quarter of 2016, missing analyst expectations by a penny, down from $0.61 earned during the…

Will a border tax crush J.C. Penney?

Congressional Republicans have been touting a corporate tax reform plan that would exempt exports from taxation while preventing companies from deducting the cost of imports when calculating their taxes. The plan would also reduce the baseline corporate tax rate from 35% to 20%. After initially criticizing this proposal, President Trump has more recently shown tentative…

Top 5 retailers that have even better outlets

Top 5 retailers that have even better outlets While we love shopping for the latest and greatest fashion finds, sometimes our wallets don’t allow us to. One of the biggest trends in retail right now is expanding into outlet stores, offering a wide range of off-price apparel. According to Bloomberg news, ’60 percent of Saks…

Sears is laying off workers to stay in business

Sears is laying off Kmart workers in an apparent move to cut costs as the company struggles to stay afloat. The layoffs, executed last week, targeted full-time workers, including assistant managers and department heads — or “leads” as Kmart calls them — across the country. Full-time workers are salaried with benefits, which makes them more…

2 ways Costco is beating the competition

2 ways Costco is beating the competition Costco (NASDAQ: COST) has remained steady in a market where rival retailers including Macy’s (NYSE: M) and Sears (NASDAQ: SHLD) have struggled mightily. While both of those chains have lost sales and closed stores, largely due to customers moving to the internet, the warehouse club continues to add…

Department stores are facing ‘the worst results since the recession’ — and that highlights a huge problem

Retailers are reeling from weak holiday sales. Macy’s, Sears, Target, Kohl’s, and JCPenney are among the many companies that have reported lackluster sales during the critical holiday period. In the wake of the disappointing season, Macy’s and Sears are now collectively closing more than 200 stores, and analysts say JCPenney could shut down as many…

8 retailers that have amazing return policies

No receipt? No problem! These 8 stores have the best return policy! 1. Nordstrom Time Limit: None! – Nordstrom’s prides itself on their “case-by-case basis” return policy. Regardless if you have the receipt or not, Nordstrom is known to take back any item at anytime with the exception of special occasion dresses. 2. Zappos Time…

Wal-Mart to create 10,000 U.S. jobs in 2017

Jan 17th 2017 9:35AM Wal-Mart Stores Inc (WMT.N) said it would create about 10,000 jobs in the United States this year, adding to its near 1.5 million workforce in the country, by opening or remodeling stores and investing in its e-commerce business. The number of jobs being created is consistent with previous years, said Lorenzo…

Why Domino’s Pizza soared 43% in 2016

  What happened Domino’s (NYSE: DPZ) stock gained 43% in 2016, according to data provided by S&P Global Market Intelligence. ^SPX data by YCharts. The rally contributed to massive growth for long-term shareholders, who have seen their stock double over the past three years and spike by nearly 400% since 2012 — a time during…

Amazon will soon start accepting food stamps

Starting this summer, seven online food retailers, including Amazon and FreshDirect, will start accepting food stamps from the Supplemental Nutrition Assistance Program (SNAP). Other participating retailers include Safeway, ShopRite, Hy-Vee, Hart’s Local Grocers, and Dash’s Market. The two-year pilot program will start in seven states: Maryland, New Jersey, New York, Pennsylvania, Washington, Iowa, and Oregon,…