Kroger rose$. 38 or. 8 percent, to $49.20. Safeway rose$. 01 or percent, to $34.65. Supervalu rose$. 14 or 1.7 percent, to $8.29.» Read More
While the average retailer in the U.K. ran discounts in the 30-50% range during June/July clearance period, the Abercrombie brand stubbornly stayed on the sidelines.
With the Jubilee followed by the Olympics it is good to be British this year. So does that must mean its good to be a retailer in the U.K. this year? Not exactly.
Consumer staples companies have been consistently beating earnings estimates so far this quarter. With several big names reporting in the week ahead, the question is: Will the trend continue?
After two years in the making, Target opened its first CityTarget stores Wednesday in Chicago, Los Angeles and Seattle. In October, two more CityTarget locations will open in Los Angeles and San Francisco.
With commodity prices at levels not seen in years due in large part to the drought sweeping half the nation, casual dining restaurants — not their diners — will take it on the chin.
The "Mad Money" host puts a Mark Twain spin on the market and takes a look at how retail sales are actually faring.
“What’ll you have?” becomes a complicated question when you're the leader of the free world, where every action and every decision is analyzed. Yes, when you’re the President of the United States even your choice in beer is scrutinized.
Hublot exports 40 percent of its products to China. With China’s GDP numbers out Friday morning indicating economic growth falling to 7.6 percent, the slowest pace in three years, the luxury time-piece company has a lot to think about.
Friday the 13th is Cow Appreciation Day at Chick-fil-A. If you show up at a restaurant wearing a cow costume, you eat for free.
Over the last 30 days corn is up 18.9 percent, wheat is up 30.9 percent, and soybeans have seen a 6.8 percent rise. These big moves are sparking concerns that products that use them will see price increases, especially with respect to corn.
Consumers are still cautious and there’s likely to be only a slow recovery, General Mills CEO Kendall Powell told CNBC’s “Squawk on the Street.”
While Best Buy cutting back on staff is nothing new — and certainly not a surprise — it may be the first of many announcements to come from retailers, especially as the holidays approach. Last year, Best Buy cut back on its plans to hire temporary staff for the holiday, adding only 15,000 workers versus 29,000 in 2010.
Spam turns 75 years old this July, and it's celebrating with a new mascot and a party at its chief US manufacturing plant. Once a staple of soldiers' diets, Spam's reluctant legacy may be as the clown of the US food world the Christian Science Monitor reports.
In sum, to ensure a world where hunger does not overwhelm society, bold leadership will be necessary to preserve civility in the global neighborhood.
For small businesses, landing a spot on stores' shelves is a chance to reach a broader audience and an opportunity to catapult themselves to the retail big leagues. Top grocery buyers share their tips.
Ken Powell, CEO of General Mills, appears on "Mad Money."
As temperatures rise across the country, many consumers look for a cold cocktail or a frozen treat to cool off and relax. Now an California based company is giving them the chance to have both at the same time.
We are now six months from Christmas. While that still gives shoppers plenty of time to make up their minds on what they want to buy, retail executives have to start making up their minds now about what they want to sell.
Belgium-based Anheuser-Busch InBev and Mexico-based Grupo Modelo have confirmed they are in talks to sell the remainder of Modelo to Anheuser-Busch InBev, which already owns a non-controlling 50-percent stake in Modelo. Both sides say although discussions are taking place, a deal — with an expected price tag of $12 billion — is not certain.
China may have the largest online population in the world, but a much smaller country south of the equator could also offer an interesting opportunity to expand online.