Topic: Retail Trade
Amazon ruffles Canadian feathers with depot plan
Reuters US Online Report Technology News
TORONTO (Reuters) - Internet retailer Amazon.com has smashed up against Canadian pride in its efforts to open a distribution center in Canada, as booksellers grumble that it can't understand the role of Canadian culture. "Individual Canadian booksellers have traditionally played a key role in ensuring the promotion of Canadian ...
Systemax shares soar after 4Q results
AP News
Systemax shares soar after 4th-quarter results; earnings jump 84 percent from a year agoShares of Systemax Inc., an electronics retailer, shot higher Tuesday after the company said its fourth-quarter earnings jumped 84 percent. The company said it has benefited from recent acquisitions as well as bargain-hunting holiday shoppers. Janney Capital ...
Sonic to sell notes to retire higher-interest debt
AP News
Sonic Automotive Inc. to sell up to $210 million in notes to retire higher-interest debtAuto dealership group Sonic Automotive Inc. will offer up to $210 million in senior subordinated notes to institutional buyers, the company said Tuesday. Proceeds from the sale will cover paying back part of the company's ...
Kroger profit shrinks, but beats Wall Street
Reuters US Online Report Business News
NEW YORK (Reuters) - Supermarket operator Kroger Co <KR.N> posted a higher-than-expected profit though margins fell on higher health care and labor costs, and it raised the upper limit of its full-year forecast. Its shares fell 2.8 percent in premarket trading from Monday's close of $22 ...
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