Retailers

Major Retailer Sees Huge Loss After Strategy Shift Backfires

AP | ANNE D'INNOCENZIO | Posted 05.15.2012

Read More: Retailers, Retail News, Video, Jc Penney Sales, Jc Penney Earnings, Business News, Jc Penney Profits, JC Penney, Jc Penney Earnings 1q 2012, Business News

NEW YORK — Turns out, J.C. Penney shoppers don't prefer predictable pricing over blockbuster bargains – at least not yet. The department-...

Read Whole Story

More Bad News For Walmart De Mexico

Reuters | Posted 04.24.2012

Read More: Retailers, Walmex, Video, Big Box Retailers, Walmart De Mexico Earnings, Walmart-Probe, Reuters, Business News, Walmart De Mexico Profits, Corporate Earnings, Walmart-De-Mexico, Walmart Bribery Probe, Walmex Earnings, Business News

* Q1 profit 4.712 bln pesos vs 4.502 bln pesos year earlier * Revenue up 14 pct * Executives discuss recognition, not br...

Read Whole Story

'Millenials, With Their Constant Fickleness' Driving U.S. Retailer Trend

Reuters | Posted 04.23.2012

Read More: American Retailers, Retailers, Retail News, Video, The Gap, u.s. Retailers, Macys, Millennials, Reuters, Business News, u.s. Retailers Speed, American Eagle, Business News

* Gap, American Eagle and peers following fast-fashion model * Old sourcing networks revamped to cut turnaround time * B...

Read Whole Story

Major Retailer To Launch New Line Of Stores

Reuters | Posted 05.28.2012

Read More: Retailers, Retail News, Video, Quarterly Earnings, Retail Sales, H&M, H&m Quarterly Earnings, Reuters, Business News, Retail, Business News

* Pretax profit 3.7 bln crowns vs forecast 4.2 bln * March 1-27 sales up 22 percent * To open new line of stores next ye...

Read Whole Story

Women of Color Take the Reins on Fashion Star

Christina S. Brown | Posted 05.16.2012

Read More: Saks Fifth Avenue, Macy's, Retailers, Reality TV, Caprice Willard, Fashion Star, H&M, Nicole Christie, Retail, Fashion, Nbc, Nicole Richie, Jessica Simpson, Hair & Beauty, Hair-Beauty-Beauty, Black Voices News

On Tuesday night, NBC unveiled its newest reality competition Fashion Star, hosted by Elle MacPherson. Above the excitement over this new show comes the surprising and empowering fact that two of the three judges of this national competition are women of color.

Read Post

Major Retailer CEO: $2.4 Billion Loss 'Unacceptable'

AP | ANNE D'INNOCENZIO AND MAE ANDERSON | Posted 04.24.2012

Read More: Earnings, Retailers, Sears, Sears-Closing-Stores, Quarterly Earnings, Video, Retail Sales, Sears Earnings 4q 2011, Sears Earnings, Sears Holdings Corp, Business News, Business News

NEW YORK — Sears said Thursday that it's unloading some of its profit-busting stores, but the retailer fell short of revealing how it plans to w...

Read Whole Story

One Walmart Store May Pay Big For Workplace Safety Violations

AP | Posted 02.08.2012

Read More: Retailers, Safety Hazards, Labor, U.S. Labor Department, Video, Workers, Occupational Safety and Health Administration, Safety Violations, Labor Unions, Osha, Wal-Mart, Business News

ROCHESTER, N.Y. -- The U.S. Labor Department has recommended fining Wal-Mart Stores Inc. $365,500 after inspectors say they found 24 workplace safety ...

Read Whole Story

Number Of Job Openings Hits Highest Level In Years

AP | CHRISTOPHER S. RUGABER | Posted 04.08.2012

Read More: Retailers, Job Openings, Job Market, Video, Labor Market, Job Postings, Great Recession, Labor Department, Accountants, Jobs, Hiring, Manufacturing, Architects, Engineers, Business News

WASHINGTON — The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a b...

Read Whole Story

10 Retailers With The Most Sales Worldwide

The Huffington Post | Harry Bradford | Posted 02.05.2012

Read More: Retailers, Tesco, European Debt Crisis, Sears, Global Recession, Holiday Shopping, Eurozone, Kmart, Retail Sales, Lehman Brothers, Carrefour, Home Depot, Business News

Regardless of the number of mom and pops around the world, a small number of retailers continue to dominate the industry as a whole. Of the top 25...

Read Whole Story

U.S. Service Sector Gaining Steam

AP | By DANIEL WAGNER | Posted 02.03.2012

Read More: Retailers, Hotels, Video, Employment Index, Restaurants, Service Companies, Financial Services Firms, Service Sector, Non-Manufacturing Activity, Hiring, Construction, Demand, Institute for Supply Management, Business News

WASHINGTON -- U.S. service companies grew at the fastest pace in 11 months in January as companies started hiring to keep up with rising demand. The ...

Read Whole Story

Walmart Taps First Woman, African-American To Head One Of Its Businesses

AP | Posted 03.21.2012

Read More: Retailers, Walmart, Video, Sams Club Ceo, Rosalind Brewer Sams Club, Rosalind-Brewer, Sams Club, Walmart CEO, Business News, Retail, Business News

BENTONVILLE, Ark. — Wal-Mart Stores Inc., the world's biggest retailer, said Friday that it has named Rosalind Brewer as CEO of Sam's Club &ndas...

Read Whole Story

Warehouse Woes: Workers Say They're Losing Jobs For Speaking Up

HuffingtonPost.com | Dave Jamieson | Posted 01.18.2012

Read More: Retailers, Walmart, Labor, California, Workers, Big Box Stores, Class Action Lawsuit, Inland Empire, Schneider-Logistics, Warehouse-Workers, Business News

Nearly a hundred warehouse workers in California who spoke up about alleged wage violations and unsafe working conditions fear they now may lose their...

Read Whole Story

Discounts Lured Shoppers This Holiday Season, But Crimped Retailers' Profits

AP | ANNE D'INNOCENZIO | Posted 03.06.2012

Read More: U.S. Retail Sales, Retailers, Retail Profits, Holiday Shopping, Video, Retail Sales, Business News, Holiday Shopping Season, Holiday Shopping 2011, Christmas Shopping, Business News

NEW YORK — The 2011 holiday shopping season will go down in the record books as the year the Grinch stole stores' profits. Many retailers sacri...

Read Whole Story

Tis' The Season To Steal: Shoplifters Will Swipe $1.84 Billion Before Christmas

AP | SARAH SKIDMORE | Posted 02.22.2012

Read More: Retailers, Video, National Association of Shoplifting Prevention, Joseph LaRocca, Center for Retail Research, Gucci, Christmas Gifts, Global Retail Theft Barometer, Theft, Crime News

More than spirits are being lifted this holiday season. During the four weeks leading up to Christmas this year, an estimated $1.8 billion in merchan...

Read Whole Story

Which Big-Box Retailers Are the Greenest?

Gay Browne | Posted 02.14.2012

Read More: Retailers, Kohl's, Holiday Shopping, Ikea, Leed, Shopping, Green, Environment, Sustainability, Green Living, Greenopia, Christmas Shopping, Best Buy, Green News

For the fourth straight year the greenest overall retailer in Greenopia's Environmental Retailer Guide was Ikea. The Swedish retail giant is a paragon of what a brand can do when it sets its mind to be greener.

Read Post

Holiday Shopping Boosted Retail Sales Last Month In Sixth Straight Rise

AP | CHRISTOPHER S. RUGABER | Posted 02.12.2012

Read More: U.S. Retail Sales, Retailers, Video, Holiday Shopping, Retail Sales, Black Friday, Business News, Retail, Holiday Shopping 2011, u.s. Retail Sales November 2011, Business News

WASHINGTON — The start of the crucial holiday shopping season in November helped fuel the sixth straight monthly increase in retail sales. Gift-...

Read Whole Story

Poor Looking For Bargains, Rich Opting For Luxury As Christmas Nears

Posted 12.07.2011

Read More: Retailers, Holiday Shopping, Christmas Shopping Season, Video, Retail Sales, Business News, Holiday Shopping Season, Retail, Holiday Shopping 2011, Christmas Shopping, Business News

Adriana Garcia won't be buying her family Christmas gifts this year. The 26-year-old from Huntington Park, California lost her job as a teacher...

Read Whole Story

Many Consumers Say They're Already Done With Holiday Shopping

Posted 12.06.2011

Read More: Retailers, Holiday Shopping, Video, Black Friday Shopping, Retail Sales, Black Friday, Holiday Shopping Online, Holiday Shopping Season, Holiday Shopping 2011, Christmas Shopping, Holidays Canada, Business News

More than a third of U.S. shoppers are already done with most of their holiday shopping, a survey showed on Monday, signaling that retailers need ...

Read Whole Story

Stocks Surge On Record Black Friday Numbers

AP | FRANCESCA LEVY | Posted 01.28.2012

Read More: Retailers, European Debt Crisis, Video, Holiday Shopping, Nyse, Thanksgiving Weekend, Wall Street, Stocks, Dow Jones Industrial Average, Black Friday, Stock Market, Nasdaq, Cyber Monday, Retail Stocks, S&P 500, Business News

NEW YORK — A weekend of strong holiday shopping in the U.S. and radical proposals for stanching Europe's debt crisis sent stocks soaring Monday....

Read Whole Story

Stores Aim To Continue Shopping Momentum After Black Friday

Posted 11.27.2011

Read More: Retailers, Video, Holiday Shopping, Black Friday 2011, Black Friday Shopping, Shopping, Spending, Black Friday, Stores, Holiday Shopping 2011, Consumer Spending, Black-Friday, Business News

NEW YORK (Phil Wahba and Jessica Wohl) - U.S. retailers moved from the frenzied start of the holiday shopping season to the next phase on Saturday...

Read Whole Story

Cash-Strapped Americans Largely Swallow Price Hikes During Holidays

AP | By CHRISTINA REXRODE | Posted 11.27.2011

Read More: Retailers, Higher Prices, Video, Price Hikes, Nike, Retail Sales, Black Friday, Starbucks, McDonald's, Retail, Price Hike, Prices, Black-Friday, Business News

NEW YORK -- The way Americans are chomping Big Macs, lacing up pricey sneakers and gulping peppermint mochas in this economy, you'd think they're taki...

Read Whole Story

Black Friday Draws Crowds, But Spending In Doubt

Posted 11.26.2011

Read More: Retailers, U.S. Economy, Retail Industry, Holiday Shopping, Black Friday Shopping, Holiday Season, Black Friday Sales, Black Friday Spending, Retail Sales, Black Friday, Thanksgiving, Retail, Business News

JESSICA WOHL, (Reuters) - Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday bargain stampede marked the unoffici...

Read Whole Story

Black Friday 2011 Shoppers Share Their Experiences [SLIDESHOW]

Posted 11.25.2011

Read More: Retailers, Retail News, Video, Black Friday 2011, Black Friday Shopping, Black Friday, Business News, Black Friday Deals, Retail, Business News

With deals on everything from big screen televisions to scarves, Black Friday offers the opportunity for shoppers to splurge on discounted items. G...

Read Whole Story

Shoppers Answer Stores' Call, Showing Up Early For Black Friday Deals

AP | MAE ANDERSON AND ANNE D'INNOCENZIO | Posted 01.24.2012

Read More: Retailers, Video, Black Friday 2011, Black Friday Shopping, Black Friday Sales, Business News, Black Friday Deals, Retail, Black-Friday-Midnight-Openings, Business News

A shopper in Los Angeles pepper-sprayed her competition for an Xbox and scuffles broke out elsewhere around the U.S. as bargain-hunters crowded stores...

Read Whole Story

The Nuts And Bolts Of Black Friday

AP | By ANNE D'INNOCENZIO | Posted 11.25.2011

Read More: Retailers, Holidays, Black Friday 2011, Consumer Confidence, Shopping, Thanksgiving 2011, Thanksgiving Shopping, Business, Consumer Spending, Black-Friday, Home News

NEW YORK -- Ready. Set. Shop. The day after Thanksgiving, or Black Friday, kicks off the holiday shopping season. Each year, retailers open their doo...

Read Whole Story