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Nandita Bose

Walmart trials grocery delivery to rival Amazon Flex

Sep 05 2018

Walmart Inc is testing whether independent drivers could deliver its groceries as the retailer races to meet its goal of offering home delivery to more than 100 U.S. cities by the end of the year.

Slowing online sales hurt Best Buy's second quarter, shares drop

Aug 28 2018

Best Buy Co Inc on Tuesday reported a drop in quarterly online sales growth and offered a profit forecast for the current quarter that fell short of analyst estimates, sending its shares down more than 5 percent in afternoon trading. | Video

Target posts best comparable sales growth in 13 years, shares hit record

Aug 22 2018

Target Corp reported its best comparable-sales growth in 13 years and said a strong economy lifted customer visits to the most in a decade, sending its stock to a record high on Wednesday. | Video

Walmart posts biggest U.S. sales rise in a decade, shares soar

Aug 16 2018

NEW YORK Walmart Inc posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online and grocery purchases showed it can hold its own against Amazon.com Inc . | Video

Best Buy to acquire health services company GreatCall for $800 million

Aug 15 2018

Best Buy Co Inc said on Wednesday it would buy health services provider GreatCall Inc for $800 million in cash, its largest acquisition ever, as it focuses on selling products and services to an aging U.S. population.

Walmart teams up with Ellen DeGeneres to launch fashion line

Aug 15 2018

NEW YORK Walmart Inc said on Wednesday that it would tie up with comedian and talk show host Ellen DeGeneres to launch a women's fashion line, its latest attempt to make deeper inroads into the apparel space and gain market share in the category.

Kroger partners with Alibaba in China grocery sales venture

Aug 14 2018

Kroger Co has partnered with Alibaba Group Holding Ltd to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online grocery sales.

Home Depot second-quarter sales bounce back, results top estimates

Aug 14 2018

Home Depot Inc's profit and revenue topped estimates on Tuesday despite signs of a slowdown in the housing market, boosted by a rebound in demand for seasonal products and as shoppers spent more to remodel their homes. | Video

U.S. retail sector rebound boosts workers' wages, executive bonuses

Jul 31 2018

NEW YORK After one of its toughest years ever, U.S. "brick and mortar" retailers are witnessing a rebound and boosting wages for hourly workers and bonuses for senior executives, according to two separate studies released on Tuesday.

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