Retail

More

• GameStop CEO: Profitability Has Been Stable  Thursday, 23 May 2013 | 4:48 PM ET

  

  GameStop shares took a hit after Microsoft unveiled its Xbox One and it said it wouldn't play used games, or would charge a fee to do so. Paul Raines, CEO of GameStop, offers insight on the quarter and the console business.

• Gap Earnings and Revenue Top Expectations Thursday, 23 May 2013 | 4:24 PM ET

  

  Clothing-store chain Gap delivered earnings and revenue that beat Wall Street expectations, an encouraging sign for the recovering retail sector.

• Sears Shares Skid After Bigger Loss Than Expected Thursday, 23 May 2013 | 5:38 PM ET

  

  The department-store chain saw its loss more than quadruple — a big miss compared to what analysts had expected. Revenue, however, beat. Shares fell sharply after-hours.

• Have You Seen Kmart's New Ad? It's a Gas! Thursday, 23 May 2013 | 2:34 PM ET

  

  Maybe Kmart's new ad, "Big Gas Savings," suggests the retailer is really selling attitude, and that's not a bad thing.

• Aeropostale Executive Confronted  Thursday, 23 May 2013 | 1:27 PM ET

  

  The government has moved in on Aeropostale's chief marketing officer, who set up shell companies that took millions in kickbacks. CNBC's Andrea Day has the details.

• Large Retailers Sue Visa, MasterCard Over Fees Thursday, 23 May 2013 | 12:52 PM ET

  

  A group of retailers, including Macy's and Target, are suing Visa and MasterCard over fees, breaking off from a proposed $7.2 billion settlement reached last year.

• ChannelAdvisor Shares on a Cloud in Debut Thursday, 23 May 2013 | 11:30 AM ET

  

  Shares of cloud-based e-commerce software provider ChannelAdvisor surged in their debut, as enterprise software makers continue to draw investor attention.

• HP's Whitman: 'Growth Is Possible' in 2014 Thursday, 23 May 2013 | 11:28 AM ET

  

  Hewlett-Packard's effort to reshape its business has begun to bear fruit, CEO Meg Whitman tells CNBC.

• Wal-Mart Bets on Big Data for Mobile Strategy Wednesday, 22 May 2013 | 5:58 PM ET

  

  Wal-Mart wants to tell you what to buy on your mobile device and it's using its massive collection of data to make it a reality.

• JC Penney Gets $500 Million Credit Line Increase Wednesday, 22 May 2013 | 4:12 PM ET

  

  JC Penney said its credit line has been increased to $2.25 billion from $1.75 billion.

• Saks Shares Surge After Strategic Options Report Wednesday, 22 May 2013 | 8:31 AM ET

  

  Shares of Saks surge amid a New York Post report that the luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale.

• Target Cuts Outlook After Weak Quarter Wednesday, 22 May 2013 | 7:52 AM ET

  

  Target cuts its full-year profit forecast while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items.

• Lowe's Earnings Miss as Cool Weather Damps Sales Wednesday, 22 May 2013 | 6:24 AM ET

  

  Lowe's reported quarterly earnings that missed analysts' expectations on Wednesday, sending shares lower in pre-market trading.

• As Retailers Report, Sales Growth in Focus Tuesday, 21 May 2013 | 2:33 PM ET

  

  While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.

• Best Buy CEO Sees Turnaround Within His Control Tuesday, 21 May 2013 | 1:50 PM ET

  

  Best Buy shares fell after the company's latest earnings report, but CEO Hubert Joly said there are early positive signs that the moves are beginning to resonate with consumers.

• Housing Trickle-Down Boosts Home Depot's Profit Tuesday, 21 May 2013 | 6:58 AM ET

  

  A nascent recovery in the housing market helped Home Depot report higher quarterly sales and earnings on Tuesday.

• Burberry Profit Rises 14% Helped by China Demand Tuesday, 21 May 2013 | 2:24 AM ET

  

  British luxury group Burberry posted a 14 percent rise in full-year pretax profit and said profit for the first half of its new fiscal year would be below last year's as it reduces its wholesale business in favor of retail markets.

• Bangladesh Factory Banned by Wal-Mart Still Working Sunday, 19 May 2013 | 6:05 PM ET

  

  A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.

• Retiring Boomers Are Selling Their Small Businesses Sunday, 19 May 2013 | 2:55 PM ET

  

  Baby boomers preparing for retirement are driving a surge in small business sales, as they find more buyers confident enough to expand their own businesses through acquisitions.

• Street Fight: JC Penney a Buy?  Monday, 20 May 2013 | 2:55 PM ET

  

  Maxim Group upgraded shares of JC Penney to buy and slapping a $27 price target on the stock. Rick Snyder, Maxim Group and William Frohnhoefer, BTIG, discuss.