CNBC's Susan Li looks back at the week's top business and financial stories. Good news for the economy this week, as the Dow reached 18,000 for the first time. Sony released "The Interview." And Walmart announced wage hikes.» Read More
It was about a year ago that I covered a brand called Enlyten SportStrips. It's basically Gatorade on one of those strips you put into your mouth. The story got intriguing when the company alleged the NFL pushed them out of a deal with the Buffalo Bills...
All those negative same-store sales numbers might add up to positive results for investors.
To win more market share during the crucial holiday selling season, Wal-Mart said it will introduce new price cuts every week until Christmas...
Retailers are reporting some of the weakest sales in more than a decade as consumer spending dried up in October amid the uncertainty brought on by the financial crisis and mounting layoffs.
The most important fact about the economic and earnings data in the past couple weeks is that it has generally been worse than the already lowered numbers predicted. We have seen this again this morning, with the exception of the Productivity number.
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Last week, analysts finally woke up and began aggressively cutting same store sales. As always, they have been late and the stock market has moved ahead of them.
A distinguished group of wine authorities answer an oft-thought question: Which wines would you bring to a holiday meal and why?
Facing the weakest holiday season in nearly two decades, retailers and the vendors who keep their shelves stocked are walking a fine line between helping each other stay afloat and protecting their profits.
Walgreen Tuesday said October sales at stores open a least a year rose 2 percent, slightly less than the preliminary rise of 2.2 percent it reported last week, before the month had ended.
U.S. retail chains may report some of their worst monthly sales results this week as the global financial crisis leaves its mark on ordinary consumers, casting new doubt on holiday season sales.
Over the past couple weeks, I've been on many radio shows and the hosts naturally ask me about the economy and sports. One area that I didn't think I was strong as I could be in was the baseball free agent question.
Halloween isn't just about crazy costumes and sugar highs. For advertisers it represents the unofficial start of holiday-season advertising. Expect to start seeing plenty of ads in your paper urging you to go shopping.
Take off that Sarah Palin mask and get your shop on because retailers are desperate this year and they've rolled out some hefty sales before the first little pirate or princess even hits the doorbell.
Gas prices may have come down but with the economy in a tailspin and consumer confidence at its lowest since 1967, small shop owners are taking preventive measures in order to survive what is expected to be the worst holiday season in years.
Video game publisher Electronic Arts says its second-quarter net loss widened as development and marketing costs grew, and the company's shares dropped sharply as it cut its earnings outlook.
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Wal-Mart is already bracing for a tough holiday season — and retail climate overall — slowing the pace of new store openings and remodeling existing stores. And, in a telling sign of the season: The discount chain is now attracting more higher-income shoppers.
Last week, it was revealed that Cincinnati Bengals wide receiver Chad Ochocinco was not willing to pay the fee to Reebok so that his jersey could correspond with his name change. What we found most interesting about this is that Johnson will be able to have Ochocinco on the back of his jerseys next year.
Next week is expected to mark the start of the US economy’s entry into recession and the end of the Fed’s conventional monetary policy.