Retail Sales


  • Wal-Mart Fires First Volley in Holiday Price Wars Thursday, 4 Oct 2007 | 3:05 PM ET

    Wal-Mart Stores fired its first volley in the holiday pricing wars this week, slashing prices on toys and calling it an "aggressive move to lead the market on holiday savings."

  • More Than 500,000 Toys Recalled Over Lead Levels Thursday, 4 Oct 2007 | 3:00 PM ET

    More than half a million toys ranging from key chains to Winnie the Pooh bookmarks and Baby Einstein color blocks are being recalled because of excessive lead levels, the Consumer Product Safety Commission said Thursday.

  • Consumers Spending Less? You Tell Me Why Thursday, 4 Oct 2007 | 11:42 AM ET
    Lincoln Road, Miami

    During my two days reporting from the Miami area this week, I covered the gamut of stores. A Wal-Mart, a Target, a Whole Foods, a Starbucks and a slew of boutiques in the posh Lincoln Road shopping district. The one thing in common between all of the customers that we spoke with is that all were acutely aware of the housing problems in the area.

  • Rival Drugstores Rite Aid, CVS Caremark See Sales Gains Thursday, 4 Oct 2007 | 10:02 AM ET

    Rival drugstores Rite Aid and CVS Caremark posted a rise in sales on Thursday.

  • Hollywood 'Striking' Itself Down? Could Be Wednesday, 3 Oct 2007 | 1:33 PM ET

    The Writers Guild of America is asking if its members to authorize a strike. Leaders of the powerful Hollywood guild asked its 13,000 members for strike authorization: saying that the movie studios and networks are basically giving them no choice, are refusing to engage in serious negotiations, and are rejecting all the proposals.

  • Isiah Thomas: What Does Liable Taste Like? Wednesday, 3 Oct 2007 | 1:31 PM ET

    Before yesterday, I thought the best part about Dale & Thomas' Popcorn was the popcorn. Today, the best part about that business is that most people don't know that Isiah Thomas is the Thomas in the name.

  • South Florida Bulls: The Hottest Merchandise Around Wednesday, 3 Oct 2007 | 1:17 PM ET

    Some of the best business stories are behind the emerging Cinderella. I covered Gonzaga's merchandising boom from their NCAA Tournament runs and Boise State's merchandising royalty run as they became the most prominent non-BCS football program in the land.

  • Delta Cooks Up Luxury 'Airline Food' Brand Wednesday, 3 Oct 2007 | 12:11 PM ET

    One block from Carnegie Hall, four blocks from Le Cirque, at the intersection of wealth and style, New York City has a new restaurant. The menu? Airline food. But Delta Air Lines says it's like no airline food you're likely to remember.

  • P.F. Chang's Third-Quarter Same-Store Sales Fall Wednesday, 3 Oct 2007 | 10:26 AM ET

    P.F. Chang's China Bistro said Wednesday sales at its bistro restaurants open at least 18 months fell 1.6% in the third quarter despite price increases, and said its earnings would miss its previous forecast.

  • Tesco Upbeat on Outlook After First-Half Slowdown Tuesday, 2 Oct 2007 | 12:06 PM ET

    Tesco Chief Executive Terry Leahy is "upbeat" about the outlook for the world's third largest retailer in the second half after it reported a slowdown in growth in its core British market in the first six months.

  • Ebay Has Empty Bid With Skype "Hype" Tuesday, 2 Oct 2007 | 11:01 AM ET

    I remember when eBay bought Skype for that staggering $3.1 billion and scratching my head, wondering what the connection was.  I remember talking to CEO Meg Whitman soon after the deal was announced, listening to her tell me that Skype would make as much sense and be as important to eBay as PayPal was. I remember nodding, listening.

  • Walgreen September Sales up 4.7 Percent Tuesday, 2 Oct 2007 | 10:26 AM ET

    Walgreen Tuesday said that sales rose 4.7 percent at stores open at least a year -- or same-store sales -- as it filled only 1.6 percent more prescriptions at those stores.

  • Toy Retailers Upbeat About Holidays Despite Recalls Monday, 1 Oct 2007 | 5:45 PM ET
    Holiday Shopper at Walmart

    Toy sellers' fears of a widespread boycott of Chinese-made toys have not taken hold so far, despite the recall of more than 20 million playthings made there. Merchants are reporting an improvement in business, including strong early sales of certain key holiday items.

  • Radiohead

    Pricing Rules? Radiohead, the British band, is ignoring them entirely. Now that the band has fulfilled its relationship with EMI music label and is on its own, it's letting its fans decide how much to pay for its new 10-song album. The new album called "In Rainbows" will initially be only available on the band's Web site. And fans name the price.

  • Prince And Wii: Getting Players Back In The Game? Monday, 1 Oct 2007 | 9:58 AM ET

    For those of you who are living under a rock, the Nintendo Wii is pretty much taking over the world. And frankly, I'm not sure I'm going to be writing this blog after Oct. 22, because the next night "Wii Playground" comes out. Yes, folks it's dodgeball and tetherball on the Wii.

  • Gap: Laptop with Job Seekers' Data Stolen Sunday, 30 Sep 2007 | 11:47 AM ET

    Clothing retailer Gap  said Friday an unencrypted computer containing the Social Security numbers of about 800,000 job applicants was stolen from a vendor it used to manage that data.

  • Pigs With Lipstick Friday, 28 Sep 2007 | 11:00 AM ET

    Friday marks the last day of the third quarter – a day when money managers are said to dress up their portfolios by buying winners and selling their losers. How do you ride these pigs with lipstick?

  • BET's Johnson 'Drives' Into New Business (Cars) Friday, 28 Sep 2007 | 8:52 AM ET

    The founder of BET, Robert L. Johnson, just announced he's going into a new business--one that has very little to do with his media background. He's going to be buying and operating car dealerships in the southern and midwest regions of the country, partnering with the McLarty-Landers Automotive Group.

  • German Retail Sales Decline Friday, 28 Sep 2007 | 3:33 AM ET

    German retail sales including vehicles and gas stations fell by 0.1% on the month in August in real and seasonally adjusted terms, preliminary Bundesbank data showed on Friday.

  • DigitalLife: Some Really Cool Gadgets Here Thursday, 27 Sep 2007 | 1:23 PM ET
    Spykee Robot

    It's a consumer electronics invasion here at the Javitz convention center in New York City. 50,000 consumers will attend what's being billed as the biggest electronic expo FOR shoppers. Unlike the massive Consumer Electronics Show in Las Vegas, open only to the industry, everyone is welcome at DigitalLife.