tax reform

Sears Expects To Report A Profit In Q4

In a recent SEC filing, Sears has reported that it will generate a positive net income in the fourth quarter following the federal tax reform package. However, comps for the quarter continued to decline. 

Lowe’s Adds Bonus Plan, Benefits

Following the federal tax reform package, Lowe’s said it plans to enhance benefits, including expanded maternity and parental leave as well as adoption assistance. The company will also offer a one-time bonus.

NRF Forecasts Solid 2018 Retail Sales Growth

Citing the recent solid holiday selling season and several macro factors including the high level of consumer confidence, the National Retail Federation (NRF) is forecasting that 2018 will be another good year for retailers.

Walmart Increases Compensation, Cites Tax Reform

In what it characterized as a decision to share the benefits of a lower tax rate, Walmart is increasing the starting wage rate for all hourly associates in the U.S. to $11, expanding maternity and parental leave benefits and providing a one-time cash bonus for eligible associates of up to $1,000.