Correspondent, Consumer Products & Retail
Jessica's Feed
Apr 11, 2013
Apr 11, 2013
Apr 10, 2013

Delayed tax refunds hurt Family Dollar, shares fall

April 10 (Reuters) – Family Dollar Stores Inc
reported a weaker-than-expected quarterly profit on Wednesday,
blaming a delay in tax refunds for hurting sales at the end of
January and in early February, and again cut its annual
forecast.

Shares of the discount retailer’s stock were down 1.6
percent at $58.83 in morning trading.

Apr 10, 2013

Family Dollar net misses estimates; outlook below view

By Jessica Wohl

(Reuters) – Family Dollar Stores Inc (FDO.N: Quote, Profile, Research, Stock Buzz) reported a weaker-than-expected quarterly profit on Wednesday, blaming a delay in tax refunds for hurting sales at the end of January and in early February, and again cut its annual forecast.

Shares of the discount retailer’s stock were down 1.6 percent at $58.83 in morning trading.

Apr 9, 2013
Apr 9, 2013
Apr 9, 2013

Wal-Mart funds supplier training after Bangladesh fire

April 9 (Reuters) – Wal-Mart Stores Inc, the world’s
largest retailer, is making its biggest push yet to try to
improve conditions at factories that produce its clothing after
a fire at a Bangladesh factory last year killed 112 people.

The company also said Tuesday it would donate $1.6 million
to help start a new Bangladesh training academy, and outlined
its efforts to regain control over the complex and far-flung web
of factories that make its products.

Apr 9, 2013

Wal-Mart to fund supplier training after deadly Bangladesh fire

April 9 (Reuters) – Wal-Mart Stores Inc, the world’s
largest retailer, is making its biggest push yet to try to
improve conditions at factories that produce its clothing after
a fire at a Bangladesh factory killed 112 people last year.

The company also said Tuesday it would donate $1.6 million
to help start a new Bangladesh training academy, and outlined
its efforts to regain control over the complex and far-flung web
of factories that make its products.

Apr 8, 2013
Apr 5, 2013