Retail

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A TJ Maxx employee and customer at a store in Washington, D.C.

Let the wage war begin. Less than a week after Wal-Mart announced that it would raise wages for 500,000 employees to $9 an hour in April, off-price retailer TJX said in its fourth-quarter earnings report that it, too, will boost pay. The parent company of T.J. Maxx, Marshalls and HomeGoods said Wednesday its full- and part-time …

Patrick T. Fallon | Bloomberg | Getty Images
A customer pushes a shopping cart laden with merchandise at a Target Corp. store opening ahead of Black Friday in Chicago, Illinois.

Target on Wednesday reported a stronger-than-expected jump in same-store sales and profits for the key fourth quarter, helped by its expanding online business, and it forecast modest earnings growth for this quarter. The retail giant posted earnings of $1.50 a share, excluding one-time items, on revenue of $21.75 billion. Wall Street expected Target to post …

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Home Depot, the world’s No.1 home improvement chain, reported a 36 percent rise in fourth-quarter profit on Tuesday and said it would buy back $18 billion of shares. The company warned, however, that it expects currency headwinds will impact 2015 earnings by about 6 cents per share. Shares of Home Depot rose more than 3 …

Kathrin Ziegler | Cultura RM | Getty Images

Beauty brands, take notice. In the face of stagnant sales for the overall category, there’s one shopper whose lust for fragrance and mascara is driving much of the industry’s growth. According to a new study by Nielsen, sales growth from Hispanic consumers last year significantly outpaced that of non-Hispanic shoppers across every beauty segment. In …

Luke Sharrett | Bloomberg | Getty Images
The Outlet Shoppes of The Bluegrass stand in Simpsonville, Kentucky.

Few things get a deal seeker’s blood flowing quite like a good bargain. A name-brand handbag for a fraction of the price? Impossible to resist. But what are shoppers really getting when they snag a pair of Christian Louboutin pumps for a third of the cost? “When there’s a bargain in play, you’re probably not …

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The West Coast port slowdown is putting retailers at risk.

Stylinity

Frequent selfie posters are sometimes labeled as vain or self-centered. But thanks to a new app, there’s another word that could be used to describe these social media mavens—profitable. After starting off with in-store photo booths that let consumers take pictures of their outfits, post them to social media and let other users shop their …

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Valentine’s Day is known for flowers and chocolates. It turns out though that neither of these symbols of love see their yearly peak in February. While spending for both does jump in this season, it actually tops out later in the year. Specifically, spending for our chocoholism is so consistent that for as much as …

John Tlumacki | The Boston Globe | Getty Images
Yianni Tsaousisis, owner of Stapleton Flowers on East Broadway in South Boston, checks on red rose arrangements in his store.

Valentine’s Day is Saturday, and when it comes to showering their sweetheart with a gift, most people will end up struggling to do something creative, only to end up actually doing something closer to a lame stereotype. According to exclusive data provided to CNBC by Cardlytics, a credit-card linked marketing firm, we can see exactly how …

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Shoppers seem to have hit a rewards program slump. Sure, we’re signing up for more rewards programs than ever. CNBC.com got an exclusive early look at the 2015 Colloquy Loyalty Census, which found that the average household has 29 different memberships, up from 22 in 2013. But shoppers are active in just 12 of those, …

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Banners hang from Sears' flagship store in the Loop on Jan. 22, 2014, in Chicago.

As RadioShack teeters on the verge of bankruptcy, one portfolio manager is making the case that another struggling retail icon will not follow in the electronics chain’s footsteps. According to Don Ingham, a director at Tenth Avenue Holdings private investment firm, investors are looking at Sears all wrong. Instead of viewing the retailer’s deteriorating stores …

More pain for RadioShack

Morgan Brennan explains how RadioShack’s pain could be another company’s gain.

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A sign marks the entrance to the headquarters campus of Sears Holding in Hoffman Estates, Illinois.

In its latest effort to retool its business and return to profitability, Sears Holdings has laid off 115 corporate workers, including 100 employees at its headquarters in Hoffman Estates, Illinois, effective immediately. A spokesman for the retailer, Howard Riefs, said the job cuts represent a “mix of positions in various departments across the organization.” “The …

Ty Wright | Bloomberg | Getty Images
A T.J. Maxx store in Cincinnati

From securing the ideal piece of real estate to hiring a qualified sales staff, opening and operating a physical store is a costly endeavor for retailers. So which are getting the most bang for their buck? A recent report by Jefferies analyst Randal Konik figured out just that. Based on his coverage universe, which includes …

Profit pressure hits Best Buy

In Best Buy’s earnings report it warned that deflationary pricing could impact future results. Courtney Reagan explains why this could be a costly trend in other retailers’ earnings.