Major retailers such as Kohl's, Target and Macy's on Thursday reported weak sales in November as a strong start the holiday shopping season over the Thanksgiving weekend wasn't enough to fully offset a slow start to the month caused by Superstorm Sandy.
ConAgra Foods is set to become the nation's biggest maker of store brand foods, with its $5 billion purchase of Ralcorp expanding its stake in the fast-growing market for cereals, crackers and other packaged foods sold under private labels.
Fire raced up the floors of a Bangladeshi garment factory with no emergency exits, killing at least 112 people, some of whom jumped from the eight-story building where they made clothes for major global retailers.
Emboldened by rapid growth in e-commerce shipping, the cash-strapped U.S. Postal Service is moving aggressively this holiday season to start a premium service for the Internet shopper: same-day package delivery.
Wal-Mart's Indian joint venture said Friday it has suspended several employees as part of an internal corruption investigation, another blow to the U.S. company's plans for aggressive expansion in a giant market that is largely untapped by foreign retailers.
The mother who reported her son to police after he amassed what she feared were weapons to attack a southwest Missouri movie theater during a "Twilight" showing said he had recently asked her if he was a failure.