Kroger fell $1.46 or 3.5 percent, to $40.06. Safeway fell $1.57 or 4.6 percent, to $32.64. Supervalu fell$. 12 or 1.9 percent, to $6.34.» Read More
In this age of Facebook and Twitter, capitalizing on new media is both an opportunity and a conundrum for many companies. Social media can be a great way to connect and stay top-of-mind with consumers, but how can you really quantify what a “like” on Facebook is worth? This is a question the country’s No. 3 craft brewer recently set out to answer, and it now says it’s determined what its Facebook fans mean to its bottom line.
PepsiCo CEO Indra Nooyi put to rest chatter the Purchase, N.Y., giant would be splitting off its lucrative chip business, saying the companies “together create a lot more shareholder value than apart.”
Be it grocery shopping, housekeeping, or the hunt for shoes, full-time workers are willing to spend more on outsourcing errands, so they can work longer. According to the International Concierge and Lifestyle Management Association, spending on personal assistant or errand services is no longer reserved for the uber-wealthy — it's gone mainstream.
Consumers are showing an increasing preference for store brands over brand names, and it’s not all about the price.
It’s been an up-and-down few months for world’s largest brewer Anheuser-Busch InBev. But the global giant is hoping this week marks the start of a super turnaround. The brewer is trying to regain market share with the introduction of two products Bud Platinum Light and Select 55. Both will be promoted heavily during the Super Bowl.
The recession put spirits businesses on guard. But the industry’s trade group says sales are growing, and it might be time to crank up the innovation machine and take a few more chances.
Paula Deen has been teaching comfort food cooks since 2002. On January 17, 2012, she announced her diagnosis of Type 2 diabetes. She also announced that she had become the spokesperson for the anti-diabetes drug Victoza. However, she’s hardly the only celebrity chef to make a questionable endorsement deal.
Pollsters are estimating a record number of people, perhaps as many 173 million, will be watching as the New York Giants take on the New England Patriots in Super Bowl XLVI on Feb. 5.
Former NBA player Kevin Willis is expanding his Willis & Walker clothing line — a line he started 24 years ago when he was playing forward for the Atlanta Hawks — from bespoke suits to the mass big and tall market.
Before the start of JC Penney’s analyst day, William Ackman, largest holder of of JCP shares and Board Member, told CNBC it would be the most important day for retail in 25 years. Now that is a lot of pressure. Today is day two.
Penny-pinching isn't just for the poor. The wealthy are just as interested in clipping coupons, hunting down deals, and keeping spending in check with shopping lists as less affluent consumers, according to a recent survey. That doesn't mean there aren't opportunties to make money.
Bigger crowds at this year's National Retail Federation conference are a tangible sign of last year's solid growth in the retail industry. About 24,000 people are attending the conference in New York this year, the most in its history.
Target gathered press in New York City Thursday to reveal a new retail concept in an effort to re-invigorate the "cheap chic" concept it has done so well in years past.
In the wake of a disappointing December sales report, it is clear Target has its work cut out. The discount retail chain has tried to hit up designers such as Missoni and Jason Wu to try and reignite the fashionable image that once drove its business. It's next move may be to partner with retail's latest darling: Apple.
The details behind Sodastream's partnership with Kraft Foods, with Daniel Birnbaum, SodaStream CEO.
Traders are watching retail stocks ahead of tomorrow's same store sales data. Which stocks could get a boost from the event? JC O'Hara, Phoenix Partners Group, and Anthony Chukumba, BB&T Capital Markets, discuss.
"The Girl with the Dragon Tattoo" has been a blockbuster book for Swedish author Stieg Larsson. But can fictional character Lisbeth Salander sell clothes? Swedish retailer H&M is banking on it.
As the final days of the holiday shopping season approach, shoppers are looking for bargains, bargains, bargains. But there's a dark side to all this savvy shopping — retailers are losing millions of dollars due to promotions that are entered incorrectly into computer systems or because of coupon fraud.
Fidelity Investments polls adults each year about their financial resolutions. Although saving more and spending less continue to be the top two goals, paying off debt has surged into the top three responses in the latest survey.
Shoplifting is an ever-present concern for retailers but with increased traffic and less attention on shoppers during the holidays, retail theft becomes an even bigger problem. What's being stolen? "The things that you and I want most," according to one expert.