Retail Sales


  • Tech And Retail Stocks Under "Microscope" Thursday, 7 Feb 2008 | 9:19 AM ET

    I've noted that when you are in this kind of uncertain market, everyone becomes a technician. There's a lot of attention now focused on tech stocks, now that both the NASDAQ and NASDAQ 100 have broken to 52-week lows.

  • IAC's Barry Diller: Bad News is Good Wednesday, 6 Feb 2008 | 7:00 PM ET

    This morning IAC/InterActive Corp posted its earnings, and while they were messy, Chief Executive Barry Diller seemed quite satisfied. IAC swung to a fourth-quarter net loss of $369.9 million, from a net income of $15.3 million a year earlier. But this actually was good news for Diller.

  • Worst Sales In Almost 40 Years? Wednesday, 6 Feb 2008 | 6:27 PM ET

    Thursday’s January retail sales figures could be the worst since 1969 as Macy’s already reported a 7% plunge in its sales for the month. But not all retail is dead money, Jeff Macke said.

  • Nike's Charlie Denson: My One On One For CNBC Special Wednesday, 6 Feb 2008 | 3:57 PM ET

    For my one-hour TV special on Nike (next Tuesday at 10 pm and 1 am ET), I sat down with Nike president Charlie Denson and talked to him about a variety of topics.

  • What global slowdown? Billed as the biggest luxury store in the world, the 46,000 square foot Gucci flagship store is a daring statement in the midst of zigzagging stock prices and a shaky economy. Then again, Gucci has never been shy.

  • Discount and Gift Cards Boost January Retail Sales Wednesday, 6 Feb 2008 | 3:35 PM ET

    Discounts and gift cards helped many U.S. retailers rebound in January from a dreary December, according to data released Wednesday, but analysts suspected post-holiday sales were stunted by the weaker economy.

  • Macy's Sales Fall, Plans to Cut 2,300 Positions Wednesday, 6 Feb 2008 | 2:43 PM ET

    U.S. retailer Macy's said Wednesday that sales at its stores open at least one full fiscal year fell 7.1 percent in January, and announced restructuring plans to cut costs.

  • Giants' David Tyree: A New (Autograph) Star Is Born Wednesday, 6 Feb 2008 | 1:13 PM ET

    A month ago, I wrote a blog stating that if the New England Patriots won it all, Wes Welker would be the greatest beneficiary in terms of autograph deals. Why? Because you don't think of Welker as an immediate star, but he became such an integral part of the Patriots this year that no team helmet would be complete without him.

  • My Nike Show--Swoosh: Inside Nike Tuesday, 5 Feb 2008 | 1:38 PM ET

    Those people who watch CNBC every day might have noticed that I spent most of the month of December off the air. The reason for this? I was taking trips like this: New York-Frankfurt-Singapore-Vietnam-Hong Kong-Los Angeles-Portland-New York. It was all for an hour documentary I am doing on Nike.

  • Stop Trading!: Buy Emerging Markets Monday, 4 Feb 2008 | 3:46 PM ET

    It used to be that when the U.S. sneezed, they caught a cold. Not so anymore.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Super Bowl XLII--The Financial Winners Monday, 4 Feb 2008 | 3:00 PM ET

    Eli Manning: He's going to get a shot at becoming a big-time endorser. Can he do it? What companies will try to sign him? He's now put himself in the position to get deals. The 1972 Dolphins: The Reebok ad wasn't their last hurrah after all. The revenue stream that comes every year to the likes of Bob Griese, Larry Czonka and Mercury Morris is still alive and well.

  • The Writers' Strike is Almost Over! Monday, 4 Feb 2008 | 12:39 PM ET

    Yes, it's true, after nearly four months and seemingly endless picket lines, the writers and the producers are close to a deal. After the Directors Guild renegotiated its contract, the Writers Guild leadership sat down with the Alliance of Motion Picture and Television Producers (AMPTP) -- and this time, Walt Disney Co. Chief Executive Bob Iger and Fox's Peter Chernin were leading those negotiations.

  • Lady Liberty may want to switch out her Greecian gown for a button down shirt. Phillips Van-Heusen, the world's largest shirt and necktie company, is donating one million dollars to the Save Ellis Island fund.

  • Bill Belichick wearing the Patriots hoodie.

    With the hard-core media here in Arizona for the entire week, plenty of great questions have been asked. But there's one that hasn't been: "Will Bill Belichick Wear His Hoodie On Game Day?" Your initial reply might be, "Of course not. It's in Arizona."

  • German Retail Sales, Unemployment Fall Thursday, 31 Jan 2008 | 5:27 AM ET

    German retail sales fell 1.8 percent in the fourth quarter of 2007, indicating household spending was a drag on overall economic growth, data showed on Thursday.

  • H&M Profit Undershoots, December Sales Lag Thursday, 31 Jan 2008 | 3:52 AM ET

    Swedish clothing giant Hennes & Mauritz posted fourth-quarter pretax profit short of analysts' expectations on Thursday and said its December sales in stores open more than a year fell 1 percent.

  • Esprit's Profit Beats Forecasts, Confident of 2008 Wednesday, 30 Jan 2008 | 7:04 PM ET

    Robust European sales and a stronger euro helped Esprit Holdings slightly beat expectations with a 37 percent rise in first-half earnings, but the world's No. 5 fashion chain faces a potential hit to global consumer spending this year.

  • Amazon's 'Strong' Quarter, Weak Margins Wednesday, 30 Jan 2008 | 4:38 PM ET

    Talk about a mixed picture from online retailer Amazon.com. On its surface, Amazon tells a major success story, especially in the face of an economic slowdown and worries of recession. The company meets the Street with 48 cents a share, but blows past revenue

  • Wal-Mart Cutting Prices Up To 30 Percent Tuesday, 29 Jan 2008 | 4:13 PM ET

    Wal-Mart Stores said it is cutting prices on "thousands" of items by 10 percent to 30 percent this week to win sales in a difficult economic environment.

  • What can Doritos do to save the economy? Cheesy nachos, 600 LCD TVs and $99 workout systems are all part of Wal-Mart's economic stimulus plan unveiled today to coincide with President Bush's push of his own tax rebate and economic stimulus package.