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  • High-End Consumers Grow Cautious And Moody Thursday, 26 Jun 2008 | 2:35 PM ET

    High-end consumers are still shopping, but they are doing so with caution according to some executives from the high-end retail and recreational busines sector.

  • American Apparel Gets Good News But Charney Drama Goes On Wednesday, 25 Jun 2008 | 2:41 PM ET

    Good news for American Apparel: the company was able to reach an agreement on a new mended credit agreement with its lead bank. It is a positive in this tight lending environment to see a company lock in a credit line or letter of credit.

  • Joe Alexander "Bucking" The Trend? Wednesday, 25 Jun 2008 | 1:00 PM ET
    NBA Draft

    On Monday, I wrote about how the shoe money has dried up for this year's crop of NBA Draft picks. So much so, I'm hearing, that we might not see a single player ink a deal worth more than $2 million annually.

  • Fear the RBI and the BOC, not the FED Wednesday, 25 Jun 2008 | 7:20 AM ET

    The markets have worked themselves into a frenzy of navel contemplation about today's Fed meeting, and the "consensus" seems to be investors are collectively worried about Ben Bernanke & Co. sounding too hawkish.

  • Sports Retailers: Are They Feeling Consumer Pinch? Tuesday, 24 Jun 2008 | 2:20 PM ET

    Just look at Cabela's,spacer whose stock is hovering around an all-time low, down almost 50 percent from a year ago. Years ago, we applauded these guys for being absolutely awesome in the niche of hunting, fishing and outdoors.

  • Newspapers' Record-Breaking Bad News Monday, 23 Jun 2008 | 8:19 PM ET

    Newspapers are breaking records -- and it's not a good thing. A double-digit drop in newspaper ad revenue, the third consecutive year of declines, and record margin contraction makes this the industry's worst year ever. The newspaper industry's ad revenue is down 12 percent this year, on top of last year's already dismal 8 percent drop.

  • Walgreen Profit Up 2%, Helped By Cost Cutting Monday, 23 Jun 2008 | 1:29 PM ET
    Walgreens Store

    Walgreen posted a 2 percent increase in quarterly profit as sales were muted by a weak U.S. economy and slowing growth in prescription drug sales.

  • No Shoe Windfall for NBA Draft Picks Monday, 23 Jun 2008 | 12:01 PM ET
    NBA Draft

    It's the Monday before the NBA Draft and not one top draft pick has signed with a shoe company. It’s partly due to the fact that there’s just not one standout slam-dunk, marketable player in Derrick Rose, Michael Beasley or O.J. Mayo. But it’s also due to several other factors that can’t be ignored...

  • Live Nation's Music Strategy Too Risky? Friday, 20 Jun 2008 | 2:10 PM ET

    LiveNation, the world's largest concert promoter is facing a serious shakeup. The company is "negotiating the exit" of Michael Cohl, the company's chairman, according to the Wall Street Journal.

  • How Cheap Should A Beer Be? Friday, 20 Jun 2008 | 12:58 PM ET
    Most Expensive and Cheapest Beers

    Everyone complains about stadium prices, but I'd argue that there's one price that has to be high: Beer. For the safety of everyone involved, it's good that a beer cost a bundle--especially at a ballgame.

  • Roger Staubach

    I consider Roger Staubach to be the most successful athlete-businessman of all-time. Why? Because he built a huge business in an area outside of the traditional sports-related businesses.

  • Wal-Mart May Set Up Back-Office in India: Report Friday, 20 Jun 2008 | 3:12 AM ET

    Retail giant Wal-Mart Stores may set up a back-office center in India's technology hub of Bangalore to cater to its multiple functions across the world, the Economic Times said on Friday, citing unidentified sources.

  • Spending Your Way to Happiness Friday, 20 Jun 2008 | 1:40 AM ET

    Blowout retail sales numbers for the UK in May are only further confusing the fixed-income markets. Surging sales in food and clothing challenge the bank of England's forecast that consumer spending is set to slow sharply this year, bringing inflation back toward the target rate of 2 percent.

  • American Apparel: Update On Continuing Saga Thursday, 19 Jun 2008 | 11:10 AM ET

    As Dov Charney’s personal team winds up its appeal of the latest sexual harassment case against him, there has been a fairly-major reshuffling of the management team that has left Chief Financial Officer Ken Cieply on a job hunt. Back in May, Chief Financial Officer Ken Cieply resigned from American Apparel.

  • H&M Pretax Profit, May Sales Rise; Weather Helps Wednesday, 18 Jun 2008 | 12:31 PM ET
    H&M

    Hennes & Mauritz posted second-quarter pretax profit that beat forecasts and sent its shares higher, as a sunny May helped boost sales and a weak dollar lowered purchasing costs.

  • Are UK Retailers Feeling the Pinch? Wednesday, 18 Jun 2008 | 5:30 AM ET

    UK retailers J. Sainsbury and Woolworths reported sales that disappointed slightly, sparking comments that British consumers may be orienting towards discount retailers, analysts said on Wednesday.

  • Doctations Helps Consolidate Medical Records Tuesday, 17 Jun 2008 | 11:45 AM ET
  • Best Buy Profit Dips, But Top Forecasts Tuesday, 17 Jun 2008 | 8:24 AM ET

    Electronic retailer Best Buy handily beat profit expectations for its fiscal first quarter, as the company gained U.S. market share in key categories like televisions, computers and video games and store openings boosted revenue.

  • Whitbread Sales Rise, But Cautious on Outlook Tuesday, 17 Jun 2008 | 2:50 AM ET

    Whitbread, Britain's biggest hotel and restaurants operator, said Tuesday that like-for-like sales across its businesses rose 7.1 percent in the 13 weeks to June 17.

  • Tiger To Wear His Sunday "Carmine" In Playoff Monday, 16 Jun 2008 | 10:06 AM ET
    TW Dri-FIT Drop-Needle Men's Golf Polo Shirt

    Nike Golf spokesperson Beth Gast has told me that Tiger Woods will be wearing the same shirt design as he did yesterday for the 18-hole playoff today against Rocco Mediate. The shirt, which will get another four hours of product placement, is a TW Dri-FIT Drop Needle shirt, whose exact color is "Carmine," that sells for $70.

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