With its stock rising, is Tiffany now priced too high? Brian Nagel, Oppenheimer & Co. senior equity research analyst and John Blank, Zacks Investment Research chief equity, debate if the valuations on the luxury jeweler are too rich.» Read More
Best Buy cut its fiscal 2008 profit outlook Friday, blaming in part lower-than-expected sales growth in January.
Swedish fashion giant Hennes & Mauritz reported on Friday a 3 percent rise in January sales at stores open more than a year, lagging market expectations.
Over a million bouquets of flowers will be delivered today by FTD. After all, Valentine's day is to flower and jewelry companies what the Super Bowl is to TV retailers. Competitor 1-800-flowers and other delivery services including Harry & David are highly affected not only by a consumer cutting back on spending but also by the weather.
Liz Claiborne said fourth-quarter and 2008 earnings will be well below analysts' expectations, as the clothing company's sales suffer amid a consumer spending slowdown, sending shares falling as much as 15 percent.
An unexpected rise in January retail sales fired up hopes the U.S. economy might skirt recession despite the pressure on consumers.
An unexpected rise in January retail sales sent stocks higher Wednesday, but Jeff Macke urged skepticism on CNBC’s Closing Bell.
Retail numbers gave stocks a boost today, but the experts remain mixed about the strength of the consumer.
U.S. business inventories rose a bigger-than-expected 0.6 percent in December as salesfell, a government report on Wednesday showed.
Surprise! Retail sales were not a disaster in January; futures rose about 5 points on that news. Elsewhere: 1) Deere's spacer earnings of $0.83 handily beat estimates.
Valentine's Day is traditionally the second most popular day of the year to dine out, and the industry can expect a healthy turnout— over $1.5 billion -- this year, even if other areas are seeing a pullback.
If you've ever wondered how you might tap into the multi-million-dollar Internet sales market, lemonade.com could be for you. It's a virtual lemonade stand offering a far broader market than you ever had as a kid.
British retail sales rebounded in January after the worst December in three years, a survey showed on Tuesday, suggesting consumer spending may be slowing but is not about to collapse.
The relationship was renewed only three days ago and yet Gucci's love affair with NY is already hitting a stumbling block. New York City's Empire State Development Corporation (ESDC) is challenging Gucci's use of the 'Gucci (loves as symbolized by a heart) New York' slogan on its new limited edition bags.
Since I started covering the business of sports a decade ago, jersey lists have always been one of the most popular talking points. So check out below, the Top 20 Best Selling NFL Jerseys from April 1-Feb. 8, on NFLShop.com.
Michael Eisner may have said on CNBC's "Fast Money" that "The strike is over" -- but it's not QUITE there yet. Almost, but not quite. And Eisner's optimism definitely reflects the hopeful mood in Hollywood...
Partly because of the deteriorating economy, more companies than usual are participating in the annual blizzard of holiday promotions, but skeptics still warn about advertising overkill and the risks of marginal or tacky campaigns.
It is a tough time to be a retail executive but a good day to be a retail shareholder. While January sales were the weakest in 39 years, according to the International Council of Shopping Centers, retail shares rallied today.
U.S. stocks snapped a three-day losing streak Thursday, led by strong gains in the financial and retail sectors.
The good news is that we broke the three day jinx and did not end at our lows for the day. More good news: retailers for the most part did not drop, despite poor January sales. The bad news: a stronger midday rally was quashed. Worse, selling intensity picked up notably at the top, which occurred right after 2 PM ET.
Retailers just finished their worst January in decades. Have we hit bottom, or is there more weakness ahead?