CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Headlines hurt stocks this week, while GM is facing a federal investigation. The White House boosts overtime pay for non-union workers, McDonald's employees are suing the company and Men's Wearhouse gets Joseph A. Bank.» Read More
Dow's CEO, Andrew Liveris, noted that first quarter feedstock and energy costs were up "a staggering 42 percent," putting strains on the company and its relations with customers. For most chemical companies, price increases have failed to keep up with raw material increases.
Architect David Rockwell has designed playgrounds for grownups, including the Nobu restaurants, W Hotels, the Mohegan Sun casino and the JetBlue terminal at Kennedy Airport in New York. Now, he's designing playgrounds for kids, and that could be a good sponsorhip opportunity for you or your corporation. David Rockwell, Founder of the Rockwell Group explains.
Shares of home improvement retailers Home Depot and Lowe's are good long-term bets given an eventual recovery in the U.S. housing market, an article in the May 26 edition of Barron's said.
The strategy: grow Wal-Mart’s stores by narrowing their focus. While some communities have resisted Wal-Mart’s entry, the retailer reached out to the Dearborn community to see what products would be appropriate and well-received on their shelves.
Kimberly-Clark, marker of Kleenex tissues, Huggies diapers and a host of other consumer products, said Friday it would raise prices by 6 percent to 8 percent in the third quarter to offset higher raw material and energy costs.
Crude retreats, giving stocks an opportunity to edge higher, but not without shaking up the market. Find out how to trade the airlines, Ford, consolidation in energy and more.
Driving around Southern California’s Ventura and Los Angeles counties, we saw many of those boarded up stores or “for lease” signs in small businesses. In Oxnard, California the local retail organization told me that these areas are getting “redeveloped” but store owners were much less optimistic.
By all measures, this movie, from Time Warner's New Line Cinema, promises to be huge with the female demographic that so loyally watched the HBO series for six seasons. It's that die-hard female fan base that's attracted huge brands to partner with the film, and earned it the nickname usually reserved for the Oscars: the Super Bowl for women.
The original bid for Alitalia by Air France-KLM was based on an oil price of $86 a barrel, according to the Deputy CEO of Air France, in an interview on CNBC Europe. Those talks were shelved a month ago, but at $120 to $130, the Deputy CEO said that Air France-KLM would have to come up with a more "difficult and demanding" business plan.
If you're a seller on the Internet, your mission isn't to get more traffic, it's to actually sell your wares. TrialPay.com is a new way to make that happen, as CEO Alex Rampell explains.
What should investors look for in retail stocks this week? J. Crew and some niche retailers are offering some growth opportunities, suggests one retail analyst.
Beef makes up almost half of Roadhouse’s cost of goods. When Hart noticed a spread in the cash and futures prices for beef this past September, he decided to start purchasing 25% of the company’s beef supply from vendors at spot market prices instead of via long-term contracts with vendors.
Home Depot said quarterly profit fell 66 percent as the U.S. housing meltdown hurt sales and it took a charge to close stores and curb expansion plans.
Marks and Spencer said its adjusted annual profits before tax rose 4.3 percent to 1 billion pounds ($2 billion), broadly in line with analysts expectations, helped by the company cutting its staff bonus.
Without further delay, here are the notes from the Sears shareholders' meeting. A number of Retail Detail readers wrote in to ask when I'd make good on my promise to post notes from the Sears meeting. Sorry for the delay! Here goes.
If you are watching the Celtics-Cavaliers game tonight, count how many players on the court are wearing headbands. Given that it’s a voluntary piece of gear, it will be quite an amazing number.
Teen apparel retailer Abercrombie & Fitch reported higher quarterly profit Friday, helped by stronger sales in all its chains and better gross profit.
Michael Maslansky of Luntz, Maslansky Strategic Research just went on the air with me. His company polled 1,000 people online and asked them various questions about the Olympics. Here is the most important question. How much more or less likely are you to buy a product...
It's not the easiest of times for the consumer, so why do the consumer numbers look so good? More importantly, why should an investor consider consumer discretionary stocks? Citigroup's Kimberly Greenberger has some answers and some recommendations.
Philadelphia, Chicago, Detroit, Los Angeles, Ventura, CA, New York. For the past week, I’ve been traveling around the country and keeping an eye on consumers across America. Each region faces its own unique challenges with gas prices fluctuating from market to market and housing prices also shifting.