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  • Again! Kmart latest to get hacked

    Kmart said its store payment systems were penetrated by cybercriminals who used a form of malware undetectable by current anti-virus systems.

    The retailer said its information technology team on October 9 detected its payment data systems had been breached and immediately launched a full investigation working with a leading IT security firm. It was determined the breach began in early September and upon detection Kmart said it was able to quickly remove the malware.

  • Got tools? Father's Day season hits stores

    One consumer survey expects slightly more spending this year on Father's Day gifts for the...
  • Sears swings to loss in Q1

    Sears Holdings posted a net loss of $279 million in the first quarter, compared to earnings of $189 million in the same quarter last year. 

    Revenue from merchandise sales and services declined 8.8% to $8.45 billion. 

  • Home Depot prevails in dumpster case

    A business pitch cannot be considered a non-disclosure agreement, according to a Massachusetts appeals court....
  • Lowe’s hires new chief for Mexico

    Lowe’s named José Luis Pier Castelló as president/general director of Lowe’s Mexico, effective March 15. He replaces Francisco Fernandez, who has left the company.
  • Depot CEO discusses data breach probe

    Home Depot says it continues to study its Internet security amid signs of a data breach.

    During a presentation at a Goldman Sachs retailing conference this week, Home Depot CEO Frank Blake hit the topic head on.

  • Home Depot stadium deal to expire

    Just south of Los Angeles, the Home Depot Center soccer stadium will take on a new name by the end of the year.
  • New appliance leader named at Sears

    Former Sony Electronics executive, Steve Haber, is joining Sears Holdings as SVP and president, home appliances. 

    In his new role with Sears Holdings, Haber will lead the company's effort to continue driving profitable growth in its industry-leading appliance business.

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