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Retail Sales


  • walmart_store_3.jpg

    I asked CEO Lee Scott where the tipping point in terms of changing consumer behavior. His answer was an interesting one. Scott said it was undeniable that Wal-Mart's core customers were the first ones impacted by the spike in gasoline prices and they bought less.

  • walmusic_image.jpg

    Wal-Mart - already the biggest music retailer in the US - is now bypassing record labels and striking distribution deals directly with musicians.

  • Another strike?

    With the Dow plunging and concerns about employment numbers looming, it makes the potential of another strike--this one from the Screen Actors Guild--scarier.

  • McDonald's Global Sales Rise 7.7% in May Monday, 9 Jun 2008 | 8:34 AM ET
    A McDonalds sign welcomes patrons into the restaurant in Wilmington, Del., Wednesday, Jan. 24, 2007. McDonald's Corp., the world's largest fast-food chain, says its fourth-quarter profit more than doubled, thanks in large part to the spinoff of a burrito chain and strong sales in Europe. (AP Photo/Chris Gardner)

    McDonald's Corp, the world's largest restaurant chain, said on Monday that global sales at restaurants open at least 13 months rose 7.7 percent in May, helped by strong international sales.

  • Wild Ride on Wall Street May Not Be Over Yet Sunday, 8 Jun 2008 | 11:12 AM ET

    Fasten your seatbelt, it could be a wild ride on Wall Street again this week as investors lick their wounds from Friday's market mayhem and brace for a key inflation report.

  • Wal-Mart Touts Changes, Vision at Annual Meeting Friday, 6 Jun 2008 | 10:58 AM ET

    Wal-Mart Stores annual meeting got under way Friday with a combination of self-congratulations for a year in which the retailer began to get its U.S. sales back on track and a tinge of nostalgia for its founder, Sam Walton.

  • When God Moves Market: Climate Thursday, 5 Jun 2008 | 6:31 PM ET

    Since the time of Joseph (or at least Joseph and the Amazing Technicolor Dreamcoat) stores have been pinning their lousy sales on the weather…

  • Rebate Checks Boost Retail, But How Long Can It Last? Thursday, 5 Jun 2008 | 2:35 PM ET

    How long can a slow economy mean good times at Wal-Mart? The company is betting that the traffic boost from rebate checks will carry into June and that grocery sales will still be strong in the month ahead. That’s why they’re forecasting sales up between 2-4%.

  • Retailers Get Big Sales Boost From Rebate Checks Thursday, 5 Jun 2008 | 2:31 PM ET

    Consumers stepped up their shopping in May after the tax rebate checks hit bank accounts, giving many of the nation's retailers a boost and helping them to top analyst estimates.

  • Consumers stepped up their shopping in May after the tax rebate checks hit bank accounts, giving many of the nation's retailers a boost and helping them to top analyst estimates.

  • Costco's May Same-Store Sales Rise 9% Thursday, 5 Jun 2008 | 6:06 AM ET

    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.

  • Retail Theft Up But Is Bad Economy The Cause? Wednesday, 4 Jun 2008 | 11:45 AM ET
    Shoplifiting sign

    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.

  • Retailers Face Organized Shoplifters, E-Fencing Wednesday, 4 Jun 2008 | 5:20 AM ET

    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.

  • New Tool Cuts Through Wrap Rage Tuesday, 3 Jun 2008 | 11:49 AM ET

    Mike Sherman, CEO & Founder of consumer product company Zibra explains the "Open it!", a tool designed to make opening packages easier.

  • Lululemon Tightens Forecast; Shares Plunge Monday, 2 Jun 2008 | 5:24 PM ET

    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 Shoppers Cut Back, Easing Rate Risk Sunday, 1 Jun 2008 | 11:03 PM ET

    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: The Case For Both Sides Thursday, 29 May 2008 | 3:16 PM ET

    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 Quarterly Profit Rises on Jump in Sales Thursday, 29 May 2008 | 1:58 PM ET
    A Costco employee pulls shopping charts at a Costco Wholesale store.

    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

    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.

  • Under Armour Takes A Run--At Running Shoe Market Thursday, 29 May 2008 | 12:16 PM ET
    Under Armour

    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.