Lowe’s Cos., the second-largest U.S. home-improvement retailer, plans to hire 45,000 seasonal workers, 13 percent more than a year earlier, and add 9,000 permanent employees as the housing rebound spurs remodeling.
Dollar General Corp. fell the most since it first sold shares to the public in 2009 after posting first-quarter profit that missed analysts’ estimates, hurt by rising gasoline prices and clearance sales.
Wal-Mart CEO Mike Duke delivered upbeat news to the company’s semi-annual Sustainability Milestones Meeting in November 2009. The world’s largest retailer was on track to hit 36 of the 37 energy and environment goals Duke’s predecessor set for the company in 2005. Not everyone in the audience responded with glee.
Wal-Mart Stores Inc., the world’s largest retailer, reported fourth-quarter profit that trailed analysts’ estimates as an emphasis on low prices hurt margins. The shares tumbled the most in six months.