H&M sales have beaten expectations and is planning on expanding internationally. Jyrki Tervonen, chief financial officer, says that focusing on the customer is essential to the functioning of their business.» Read More
*Retail sales fall 0.9 percent in December. WASHINGTON, Jan 14- U.S. retail sales recorded their largest decline in 11 months in December as demand fell almost across the board, which could temper expectations for a sharp acceleration in consumer spending in the fourth quarter. The Commerce Department said on Wednesday retail sales fell 0.9 percent last month...
The NRF is reporting holiday sales grew 4.0 percent year-over-year. CNBC's Jim Cramer provides perspective.
WASHINGTON, Jan 14- A gauge of U.S. consumer spending unexpectedly fell in December as demand fell almost across the board, but that is probably not the start of a weak trend given lower gasoline prices and a firming labor market. The Commerce Department said on Wednesday retail sales excluding automobiles, gasoline, building materials and food services fell 0.4...
CNBC's Rick Santelli breaks down the latest data on retail, and trade. And CNBC's Steve Liesman provides perspective.
Will cheaper fuel cause consumers to spend more in the U.S. retail sector? Oliver Chen, senior analyst at Cowen and Company, says he thinks that luxury brands like Tiffany, rather than lower-end retail, will benefit from the fall in the price of oil.
The National Retail Federation reports holiday sales grew 4.0 percent year-over-year, with CNBC's Courtney Reagan.
With Sainsbury's overtaking Asda as U.K.'s second biggest retailer, there's been mixed news for the supermarket sector. Bruno Monteyne, senior analyst in European food retail, at Sanford C. Bernstein discusses the current state of U.K. supermarkets.
Five years from now, online retailers will be rethinking their business model, Macy's CEO Terry Lundgren tells CNBC.
Russ Bendel, CEO of Habit Restaurants, says it hopes to open up to 28 stores in the U.S. in 2015, while the Middle East could see up to 50 chains in the next 7 years.
Across the U.K., supermarkets have seen unprecedented demand for luxury foods over the festive period, with sales of caviar booming to record highs.
One Houston furniture retailer is promising refunds to customers if U.S. crude ends the year above $85 a barrel
Newly elected to NRF's board of directors, Kip Tindell, The Container Store CEO, discusses trouble with traffic in stores in Q2 and Q3. National Retail Federation CEO Matthew Shay, weighs in.
Tiffany cut its guidance after reporting flat global holiday sales, but one pro says that doesn't mean there's trouble in high-end retail.
"Brick and mortar is in a resurgence," says Rick Caruso, founder and CEO of Caruso Affiliated, discussing the outlook for retail and the future of malls, with CNBC's Courtney Reagan.
Tiffany has cut guidance after a disappointing holiday season. Brian Nagel, Oppenheimer, provides his outlook for the luxury retailer.
Gas prices do a lot not only for customers' wallets, but for their psyche in general, former Wal-Mart CEO Bill Simon tells CNBC.
CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Another strong jobs number on Friday, but wage growth remained weak. Oil hit new lows this week, and December was a tremendous month for auto sales.
Selfie sticks took off in 2014 and are only going to blow up further in 2015, using Google Trends data to show the charts.
Michelle Girard, RBS chief U.S. economist, and Peter Boockvar, The Lindsey Group, discuss risks to the U.S. economic expansion, including oil's recession and the end of QE.
Dana Telsey, Telsey Advisory Group CEO, discusses the growing pressure among retailers to cut costs and revamp business models. It's brand names that seems to be winning, says Telsey.