Retail Sales


  • Video Roundup: Retailers Facing Mixed Fall Wednesday, 5 Sep 2007 | 6:03 PM ET

    CNBC's Margaret Brennan reports from the Goldman Sachs retail conference in New York.

  • Apple iPod Special Event: The Live Blog Wednesday, 5 Sep 2007 | 5:17 PM ET

    The Apple event is over and so is our live blogging. To read the post from the event's beginning, start at the bottom of the page. Thanks everyone, it was a blast to do. 2:20 pm ET:  Event is concluding now. A little technical glitch with her beat machine, but she got that fixed and now KT is performing. Keep watching CNBC and CNBC.com. We may have a special interview coming up.

  • Consumer, Credit "Concerns" At GS Conference Wednesday, 5 Sep 2007 | 12:25 PM ET

    If you were looking for a sign of the times when it comes to the mood of the marketplace, my location today may be a fair indicator. It is the first day of Fashion Week and rather than being under the tents in Bryant Park, I am at the Goldman Sachs investor conference.

  • Home Depot Expects Housing Weakness into 2008 Wednesday, 5 Sep 2007 | 11:41 AM ET

    Home Depot expects no recovery in the U.S. housing market for the rest of 2007 and continued weakness into next year, Chief Executive Frank Blake said Wednesday.

  • Costco Shares Tumble on Disappointing Sales Wednesday, 5 Sep 2007 | 10:34 AM ET
    A Costco employee pulls shopping charts at a Costco Wholesale store.

    Warehouse retailer Costco Wholesale reported weaker-than-expected August sales, which were hurt by lower gasoline prices, weaker tobacco demand and a decline in store traffic, and shares fell as much as 6 percent in early trading.

  • Apple's 'Beat' To Go On Tomorrow (Be Here!) Tuesday, 4 Sep 2007 | 12:25 PM ET

    Apple Inc. calls the gathering "...And the Beat Goes On," but investors wonder whether the news coming Tuesday at the invite-only special event will be enough to pump these shares even more. Speculation abounds at just exactly what Apple will unveil: the big money bet is on a redesigned family of iPods...

  • Michigan, Appalachian State: Who Really Won? Tuesday, 4 Sep 2007 | 8:44 AM ET

    The University of Michigan's loss to Appalachian State on Saturday was such an upset partly because of the financial differences between the two schools. If Appalachian State sells out every home game this year, they will make roughly $2.1 million (charging a little more than $20 a head with 16,650 seats per game. Michigan has sold out all eight home games already...

  • Nestle to Take Over Swiss Water Firm Henniez Tuesday, 4 Sep 2007 | 4:35 AM ET

    Nestle, the world's largest food company, on Tuesday said it had agreed to take over Swiss water bottler Henniez, first by buying a 62% stake and then by launching a public tender.

  • European Stocks End Mixed, Banking Sector Rebounds Monday, 3 Sep 2007 | 11:56 AM ET

    European stocks closed mixed on Monday in thin trading because of a national holiday in the U.S. and on anticipation of a busy week.

  • Gizmos, Apple And Star Wars Top CB-TC! Friday, 31 Aug 2007 | 3:34 PM ET
    Apple Ipod Nano

    This week's Tech Check during "Closing Bell" offers a nice cross-section of gizmo headlines and a look at the news that's likely to come from Apple next Wednesday. Get ready for a re-designed iPod, the first major changes of the device in two years. Lots of rumors about a full touch-screen, no buttons, bigger memory, the Mac OS on board, and maybe even wi-fi downloads.

  • L'Oreal CEO Confident on 2007 Despite U.S. Slowdown Friday, 31 Aug 2007 | 8:14 AM ET

    L'Oreal said on Friday it was confident on the outlook for 2007, despite signs of a slowdown in the United States, thanks to booming demand in new markets and the launch of new brands like Sanoflore and Diesel.

  • Australian Shoppers Spend Freely, Fueling Growth Friday, 31 Aug 2007 | 12:26 AM ET

    Australian consumers spent freely for a second straight month in July as strong employment, high consumer confidence and generous tax cuts combined to get the third quarter off to a brisk start.

  • Video Roundup: What's Ahead for Retailers? Thursday, 30 Aug 2007 | 3:47 PM ET

    What's in store for the retail group--and can consumers keep up their spending? CNBC takes a look at what lies ahead.

  • Dell: Are Tailwinds Now In PC Maker's Favor? Thursday, 30 Aug 2007 | 12:34 PM ET

    It's been a rough year for Dell, characterized by a particularly rough quarter that saw the company try to put deep financial shenanigans behind it: the pay-out of a $40-million-plus severance package for fired CEO Kevin Rollins, trying to deal with a restructuring that cost the company 8,000 jobs, continued loss of market share to rival Hewlett-Packard and shipment problems that hurt its most recent product introductions.

  • CVS August Same-Store Sales Rise 4.9% Thursday, 30 Aug 2007 | 9:09 AM ET

    CVS Caremark, the drugstore chain and pharmacy benefits manager, Thursday posted a 4.9 percent rise in August sales at stores open at least a year, driven by strong sales of general merchandise.

  • New Fashion? There's Not Much New To Buy Thursday, 30 Aug 2007 | 9:06 AM ET

    I have seen the future in next seasons' fashion at America's biggest retailers and to put it bluntly, there is no fashion. This is the new worry to add into the equation of whether (and how much) the consumer will slow his/her spending: there is nothing new to buy. The fashion cycle is stuck. The "style" is a return to classics which means that people already have the items in their closet.

  • July Retail Sales Fall 2.2% in Japan Wednesday, 29 Aug 2007 | 10:51 PM ET

    Retail sales in Japan fell 2.2% in July from a year earlier for their biggest decline in more than two years, hit by a prolonged rainy season and an earthquake, the Ministry of Economy, Trade and Industry said on Thursday.

  • Fed Policy Notes: Is The Consumer Tapped Out? Tuesday, 28 Aug 2007 | 10:44 AM ET

    Tune into "Power Lunch" today. I'm filling in for the lovely Sue Herera who is on assignment today. Right ahead of the release of the latest minutes from the Fed's policy meeting, Bill Griffeth and I will be talking about just what to expect from Bernanke and the consumer. I'll also be asking the question: Is the consumer tapped out?

  • Cadbury: Social Networking "Sweetens" Business Tuesday, 28 Aug 2007 | 8:24 AM ET
    Cadbury Wispa Bar

    On Friday, I reported about Nielsen's upcoming social networking site, 'Hey! Nielsen.' The idea is to mine online buzz to find out what movies, music, tv, and online video people are talking about online, with the idea to eventually turn that buzz into relevant numbers for advertisers. Nielsen won't be the first to look to social networks for insight.

  • Wal-Mart Stores, is hiring middle-management level executives to help evaluate the type of stores that it operates ahead of the arrival of British grocery Tesco to the United States.