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Retail Sales

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  • Home Video Business Doing Well Enough These Days Tuesday, 15 Jul 2008 | 3:54 PM ET
    DVD's for sale

    Forget about that doom and gloom scenario. At least the home video business is holding its own. Despite the economic downturn, the high price of gas, tighter consumer spending, and the new competition of digital distribution, DVD and Blu-ray disc sales are surprisingly strong.

  • Where's The Boost From Rebate Checks? Tuesday, 15 Jul 2008 | 3:50 PM ET
    Crowd of people on the street

    Weaker-than-expected retail sales implies that tax rebate checks aren't doing too much to stimulate the economy, according to Merrill Lynch Economist David Rosenberg.

  • Steve & Barry's: So What IS Next For Them? Tuesday, 15 Jul 2008 | 8:59 AM ET
    steve_barry.jpg

    The most troubling aspect of the business is that they don’t own the intellectual property of many of the brands they made their name on and have lost some of the licensing contracts that once generated so much business for them.

  • Web Extra: Tomorrow's Market Movers Monday, 14 Jul 2008 | 6:44 PM ET
    webxtra_thumb.jpg

    In Monday’s Web Extra the traders reveal how to play J&J earnings, retail numbers and other events likely to move the market, tomorrow!

  • Steve & Barry's Filing May Lead to Liquidation: WSJ Monday, 14 Jul 2008 | 3:01 AM ET

    U.S. apparel chain Steve & Barry's Chapter 11 bankruptcy filing last week is likely to lead to its liquidation, The Wall Street Journal said on Monday citing people involved in the case.

  • NZ Retail Sales Tumble as Economy Cools Further Sunday, 13 Jul 2008 | 11:58 PM ET
    NEW_ZEALAND.jpg

    New Zealand's retail sales fell at their steepest pace in more than four years in May, while the housing market and services sector weakened further, putting pressure on the central bank to cut interest rates soon.

  • Game Plan: What to do with Fannie and Freddie Friday, 11 Jul 2008 | 6:37 PM ET

    Also, how to play next week's busy schedule of earnings.

  • Starbury Sneakers

    The New York Post reported this morning that New York Knicks guard Stephon Marbury, who popularized low cost basketball shoes with his "Starbury" brand at retailer Steve & Barry's, spent Wednesday in Seattle signing a deal with Amazon to sell the sneakers on their web site.

  • Indexes Eke Out Gains After Wild Session Thursday, 10 Jul 2008 | 4:57 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers and oil prices surged more than $5 a barrel. Still, all three major indexes eked out gains by the closing bell.

  • Stocks Reel as Oil Surges, Financials Get Hit Thursday, 10 Jul 2008 | 3:37 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers, overshadowing any positive news the market had to offer.

  • Stocks Flail as Freddie, Lehman Get Pummeled Thursday, 10 Jul 2008 | 2:44 PM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • Retailers Post Strong Sales, Discounters Lead The Way Thursday, 10 Jul 2008 | 2:18 PM ET
    Red shopping Carts in a row.

    Retailers, including Wal-Mart Stores, are posting solid same-store sales growth in June, as expected, as seasonal weather and tax rebate checks helped get consumers to the store.

  • Did Brett Favre Tip His "Retirement" Hand To Collectors? Thursday, 10 Jul 2008 | 11:54 AM ET
    Favre Coin Set

    For a guy that was one of the most popular players to ever play in the NFL, and certainly among the most collectible, you'd think retirement tribute items would be flowing right now.

  • M&S Shareholders' Anger Targets Bras, Dresses Thursday, 10 Jul 2008 | 11:47 AM ET

    Marks & Spencer's top dog Stuart Rose faced the wrath of investors at the company's AGM yesterday – but not necessarily for merging the roles of chairman and CEO or for profit warnings.

  • Stocks Swing Wildly; Financials Get Slammed Thursday, 10 Jul 2008 | 11:26 AM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • Stocks Finish in Bear-Market Territory Wednesday, 9 Jul 2008 | 5:21 PM ET

    Stocks ended a tumultuous session with a late selloff that left all three major indexes in bear-market territory.  Financials fell sharply amid worries about more shoes to drop and techs took a hit after Cisco's chief said customers don't see a recovery until next year.

  • Stocks Slide as Oil Climbs, Techs Retreat Wednesday, 9 Jul 2008 | 3:19 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil climbed in a choppy session after falling more than $9 abarrel in the past two sessions.

  • Steve & Barry's Files for Chapter 11 Bankruptcy Wednesday, 9 Jul 2008 | 1:41 PM ET

    U.S. apparel chain Steve & Barry's on Wednesday filed for Chapter 11 bankruptcy protection, joining a lengthening list of retailers to seek protection from creditors in a slow economy.

  • Stocks Chop Around; Techs Pull Back Wednesday, 9 Jul 2008 | 12:36 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.

  • Stocks Slide As Crude Supply Shrinks Wednesday, 9 Jul 2008 | 10:49 AM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.