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Retail Sales


  • capital_money.jpg

    There’s little dispute that allowing  flexibility in valuing toxic assets will be good for the banking industry. The  big question is whether it's good for anyone else—including the US government.

  • Job Losses Peak, Recession Hits Bottom Friday, 3 Apr 2009 | 11:54 AM ET

    When it comes to job losses, March will be the cruelest month.  “It almost can’t get any worse,” says one economist.

  • sad_worker.jpg

    When it comes to job losses, March will be the cruelest month, while April may be the beginning of the end.  “It almost can’t get any worse,” says one economist.

  • It's OK To Cry Thursday, 2 Apr 2009 | 9:14 AM ET
    Dow Jones Hanky

    Lost everything in the market? Dry your tears with the Dow Jones Hanky. The linen handkerchief is being sold at Design Glut, which designs "culturally relevant products".

  • Costco to Close Home Stores as Spending Falls Thursday, 2 Apr 2009 | 4:09 AM ET

    Costco Wholesale announced plans to close two Costco Home stores Thursday as part of the discount retailer's cost-saving program to combat falling consumer spending.

  • Retailers Fear an Un-Merry Christmas Monday, 30 Mar 2009 | 10:22 AM ET

    Shoppers may be thinking about spring, but some retailers are reluctantly setting their sights on Christmas.

  • MGM Mirage Gets Waiver to Avoid Loan Default Tuesday, 17 Mar 2009 | 5:54 PM ET

    MGM Mirage says it has received a waiver from lenders on its $7 billion senior credit facility to avoid defaulting on loans

  • MGM Mirage Not Discussing Asset Sales: Source Monday, 16 Mar 2009 | 5:46 PM ET

    MGM Mirage is not in discussions at the moment to sell any of its properties, though it remains open to offers, according to a person familiar with the situation.

  • Online Coupons Click With Companies Friday, 13 Mar 2009 | 3:27 PM ET
    Coupons.com said they issued $300 million worth of coupons in 2008.

    Retailers, fast food restaurants and consumer goods manufacturers are seeing a strong response as frugal consumers try to weather the economic downtown.

  • 'Small Victories': Market Looks for Glimmer of Hope Thursday, 12 Mar 2009 | 6:24 PM ET

    While a modest bump in retail sales and a bit more confidence in the banking system do not a bottom make, this week's events have finally given the bulls something to talk about.

  • A Hugely Important Upturn In Retail Sales Thursday, 12 Mar 2009 | 4:43 PM ET

    Doom-and-gloom crowd take notice: Today’s retail-sales report showed far more strength than Wall Street economists dreamed possible.

  • Gun Sales Shooting Up Thursday, 12 Mar 2009 | 11:43 AM ET

    No one is buying anything these days. Except for guns, that is. Economic insecurity combined with the fear that the new administration could curtail access to guns, apparently has people packing heat.

  • Adidas Sends Players To College For March Madness Thursday, 12 Mar 2009 | 9:58 AM ET

    Some of the biggest endorsers of Adidas never went to college. So the shoe and apparel company is hoping to grab attention by putting college jerseys on the four players who went straight from high school to the NBA.

  • February Sales - An Unexpected Boost Thursday, 12 Mar 2009 | 9:27 AM ET

    Futures popped about 4 points as February retail sales showed only a modest decline. More importantly, January was revised UPWARD.

  • EBay Offers 3-Year Guidance—If Economy Recovers Wednesday, 11 Mar 2009 | 4:22 PM ET

    At a time when so many companies are dispensing with meaningful guidance of any kind, eBay is taking the unusual step of offering guidance 3 years out. Not specific, quarter-to-quarter numbers, mind you, but sign posts investors can use to gauge the progress of its turnaround strategy.

  • Kellogg’s: No Comment On Phelps Cereal Donation Wednesday, 11 Mar 2009 | 3:27 PM ET

    When Kellogg’s announced last month that they would not renew Olympic swimmer Michael Phelps, they issued a statement essentially saying that his pot-smoking ways didn’t jive with the values of their company.

  • Inaccurate Sports Commercial Of The Day Tuesday, 10 Mar 2009 | 12:31 PM ET

    In the past, this site has served as a watchdog of sorts for bad sports commercials. Well, unfortunately for the people at DirecTV, they might want to reconsider making some changes to their "Mega March Madness" package commercial.

  • Bye Bye Luxury Box Tuesday, 10 Mar 2009 | 12:16 PM ET
    Dallas Cowboys

    Yesterday, the Dallas Cowboys unveiled the first finished luxury suite at their new stadium. To save time and money, they might want to stop work on some of those, including the league’s first ever field level suites.

  • Movie In The Works For Indian Pitchers Monday, 9 Mar 2009 | 2:32 PM ET
    The Million Dollar Arm

    A couple weeks ago, I told the story of Rinku Singh and Dinesh Patel, the two pitchers that the Pittsburgh Pirates signed from India after they competed in a reality show called “The Million Dollar Arm.”

  • Slap Chop Infomercial Censored Version? Monday, 9 Mar 2009 | 9:57 AM ET

    Many people are fans of Vince Offer, the ShamWow! guy who is now offering up the Slap Chop. The big laugh line in the Slap Chop commercial is "you're going to love my nuts." Tune in at 36 seconds in to hear the phrase.