Research Topic

CARTERET, N.J. - Pathmark Stores Inc. on Tuesday cut its third-quarter earnings outlook, citing weaker-than-expected economic conditions.

BENTONVILLE, Ark. - The world's largest retailer on Tuesday reported record sales and earnings for the quarter ended Oct. 31, 2002, including a 23 percent jump in profits.

WASHINGTON - The Supreme Court refused Tuesday to consider whether workers can be forced to pay for union organizing activities in other workplaces against their wishes.

CHICAGO - Kmart Corp. has sent subpoenas to at least five former executives as part of its review of the management practices leading up to the company's bankruptcy filing, The Associated Press reports.

BENTONVILLE, Ark. - The United Food and Commercial Workers International Union has announced it is planning protests across the country later this month to allege unfair practices by the Wal-Mart Stores Inc., The Associated Press reports.

DAYTON, Ohio - Seventy-three percent of 113 top-tier executives queried at U.S. companies with revenues exceeding $500 million revealed that the number of decisions they make is on the rise. At the same time, 54 percent reported that the amount of data is at least doubling, and 55 percent say there is less time to make decisions.

PHILADELPHIA - U.S. shippers, uncertain over the timely settlement of the West Coast ports dispute, are making contingency plans against additional service disruptions, according to a nationwide survey by Philadelphia-based logistics specialist BDP International (BDP).

SEATTLE - Albertsons introduced its Preferred Savings Card at stores in Seattle last week, making it the last of the three dominant grocery chains in the area to roll out customer-loyalty cards, The Seattle Times reports.