CNBC's Tyler Mathisen looks back at the week's top business and financial stories. Stocks surged this week after the Fed kept rates where they are and said it would be patient.» Read More
Costco Wholesale, the largest U.S. warehouse club, reported a better-than-expected 9 percent rise in sales at stores open at least a year in May, helped by higher gasoline prices, food inflation and strength in foreign currency.
According to the NRF, nearly two-thirds (63%) of retailers experienced an increase in online resale of stolen items or "e-fencing" during the past 12 months. Maybe this illegal online market is booming because consumers are now comfortable with buying from eBay or unknown merchants if the price is right.
The number of U.S. retailers who say they have been the victims of organized retail crime rose more than 6 percentage points in the past year, according to the National Retail Federation's 2008 Organized Retail Crime report released Wednesday.
Mike Sherman, CEO & Founder of consumer product company Zibra explains the "Open it!", a tool designed to make opening packages easier.
Lululemon Athletica said its first-quarter profit more than doubled as it sold more yoga-inspired sportswear, but its shares plummeted in extended trading as the company lowered its profit forecast slightly for the rest of the year.
Australian retail sales suffered a surprise fall in April as consumers cut spending on food and recreation in the face of surging living costs, but also perhaps lessening the need for a further increase in interest rates.
Bulls and bears are engaged in a furious fight today--bulls are emboldened because oil traders sold off oil, despite a bullish drawdown in inventory, and stock traders did not sell off the market when those bullish oil numbers came out.
Costco Wholesale, the biggest U.S. warehouse club operator, said Thursday its quarterly profit jumped 32 percent, beating expectations, as shoppers flocked to its stores for discounts on food and gasoline.
Sears Holdings Chairman Eddie Lampert himself said that he didn’t see a near-term turnaround in the consumer economy and admitted that sales were below where the company wanted them to be.
The running shoe market is going to be the brand's biggest test yet and even though Under Armour does have issues that have kept them cold on the street--namely a 96 percent U.S. Business and too much inventory in the winter.
Last week I posted some features on interesting ways that retailers are refocusing to foster growth during this period of contraction. Far and away the most viewer email came in response to my feature on Texas Roadhouse.
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.