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UPDATE 3-Wal-Mart urges meat suppliers to curb antibiotic use

CHICAGO, May 22- Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take such a public stand against the excessive use of drugs in raising farm animals. Wal-Mart, the country's biggest food retailer, is also telling suppliers not to raise animals in gestation crates or in...
Source: Reuters | By: P.J. Huffstutter and Nathan Layne
Yellen: Rates rising in 2015 if economy improves

Fed Chair Janet Yellen predicted moderate growth this year and beyond, explaining that economic headwinds are waning.
Source: CNBC.com | By: Everett Rosenfeld
Target settlement with MasterCard fails to get bank support

NEW YORK- A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped, because it failed to get enough support from the affected banks and credit unions. MasterCard Inc. would only say Friday that not enough issuers approved the deal. Minneapolis- based Target...
Source: The Associated Press
UPDATE 1-MasterCard, Target data breach settlement falls apart

May 22- A proposed $19 million settlement between MasterCard Inc and Target Corp over the retailer's 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday. The lead lawyers for the banks had argued that the settlement with MasterCard, which was not a party to the lawsuit, was an attempt to undercut their...
Source: Reuters | By: Joseph Ax
UPDATE 2-Campbell Soup's profit beats on lower promotions, higher prices

May 22- Packaged foods maker Campbell Soup Co reported a better-than-expected quarterly profit, helped by lower promotions, higher selling prices and cost cuts. Shares of the company, known for its soups, Pepperidge Farm cookies and Goldfish crackers, rose 1.5 percent in premarket trading on Friday. The company said margins grew in its global baking and...
Source: Reuters
CORRECTED-UPDATE 1-Campbell's revenue misses as U.S. soup sales fall

May 22- Packaged foods maker Campbell Soup Co reported lower-than-expected quarterly sales, hurt by a strong dollar and "movements in retailer inventory levels" in its U.S. soups business. Retailer Target Corp informed packaged food makers, including Campbell, that it would spend less on promoting some of their products and instead promote fresher items, the...
Source: Reuters
UPDATE 1-Campbell's revenue, profit miss as U.S. soup sales fall

May 22- Packaged foods maker Campbell Soup Co reported lower-than-expected quarterly sales and profit, hurt by a strong dollar and "movements in retailer inventory levels" in its U.S. soups business. Retailer Target Corp informed packaged food makers, including Campbell, that it would spend less on promoting some of their products and instead promote fresher...
Source: Reuters
Look who's winning the turnaround game

Retailers have had their share of stumbles over the years. Here's who's turning it around.
Source: CNBC.com | By: Krystina Gustafson
The play on retail surprises: BBY, URBN, TGT & more  

Dissecting the week of retail earnings, with Dana Telsey of Telsey Advisory Group CEO.
Source: CNBC.com
Target's bullseye quarter  

Target reported earnings and revenue that topped analyst estimate, citing strong demand for products at the center of its new growth plan.
Source: CNBC.com