The battle to consolidate the US discount retail market turned bitter on Thursday, after Family Dollar rejected a takeover offer from Dollar General and accused its larger rival of lying about previous talks between the two companies.
The stock rally rolled on Thursday and hit new heights as the S&P 500 shot up to close at a record high and the Dow reclaimed 17,000 for the first time in a month.
Gap Inc. (GPS:US), the biggest U.S. apparel-focused retailer, posted second-quarter profit that topped analysts' estimates as discounts at the Old Navy chain attracted bargain-hunting shoppers.
SIOUX FALLS (Courtesy ABC News) - Some customers of The UPS Store may have had their credit and debit card information exposed by a computer virus found on systems at 51 stores in 24 states, including one in Sioux Falls.
NEW YORK (TheStreet) -- The heated debate between inflation hawks and doves is about to amp up a couple of notches as Federal Reserve Chair Janet Yellen gets her own forum to broadcast her economic views on Friday.