With the sales tax hike jacking up the cost of spending, Japanese are consuming less, says Robert Medd, partner at GMT Research. He also discusses the possibility of a wage hike in March.» Read More
An unexpected rise in January retail sales fired up hopes the U.S. economy might skirt recession despite the pressure on consumers.
An unexpected rise in January retail sales sent stocks higher Wednesday, but Jeff Macke urged skepticism on CNBC’s Closing Bell.
Retail numbers gave stocks a boost today, but the experts remain mixed about the strength of the consumer.
U.S. business inventories rose a bigger-than-expected 0.6 percent in December as salesfell, a government report on Wednesday showed.
Surprise! Retail sales were not a disaster in January; futures rose about 5 points on that news. Elsewhere: 1) Deere's spacer earnings of $0.83 handily beat estimates.
Valentine's Day is traditionally the second most popular day of the year to dine out, and the industry can expect a healthy turnout— over $1.5 billion -- this year, even if other areas are seeing a pullback.
If you've ever wondered how you might tap into the multi-million-dollar Internet sales market, lemonade.com could be for you. It's a virtual lemonade stand offering a far broader market than you ever had as a kid.
British retail sales rebounded in January after the worst December in three years, a survey showed on Tuesday, suggesting consumer spending may be slowing but is not about to collapse.
The relationship was renewed only three days ago and yet Gucci's love affair with NY is already hitting a stumbling block. New York City's Empire State Development Corporation (ESDC) is challenging Gucci's use of the 'Gucci (loves as symbolized by a heart) New York' slogan on its new limited edition bags.
Since I started covering the business of sports a decade ago, jersey lists have always been one of the most popular talking points. So check out below, the Top 20 Best Selling NFL Jerseys from April 1-Feb. 8, on NFLShop.com.
Michael Eisner may have said on CNBC's "Fast Money" that "The strike is over" -- but it's not QUITE there yet. Almost, but not quite. And Eisner's optimism definitely reflects the hopeful mood in Hollywood...
Partly because of the deteriorating economy, more companies than usual are participating in the annual blizzard of holiday promotions, but skeptics still warn about advertising overkill and the risks of marginal or tacky campaigns.
It is a tough time to be a retail executive but a good day to be a retail shareholder. While January sales were the weakest in 39 years, according to the International Council of Shopping Centers, retail shares rallied today.
U.S. stocks snapped a three-day losing streak Thursday, led by strong gains in the financial and retail sectors.
The good news is that we broke the three day jinx and did not end at our lows for the day. More good news: retailers for the most part did not drop, despite poor January sales. The bad news: a stronger midday rally was quashed. Worse, selling intensity picked up notably at the top, which occurred right after 2 PM ET.
Retailers just finished their worst January in decades. Have we hit bottom, or is there more weakness ahead?
Which boutique retailers are getting ahead despite the general consumer pullback these days? Those looking at secondary markets, says one expert.
U.S. stocks turned firmly higher Thursday afternoon as bargain hunters scooped up undervalued stocks following three straight down days. Bank and retail stocks advanced. Even battered tech Cisco recovered.
Providing further evidence of a slowing U.S. economy and a more cautious consumer, Wal-Mart Stores and other retailers reported one of the weakest months of retail sales in years.
U.S. stocks wavered Thursday as reports on January retail sales and jobless claims stirred recessionary fears. Tech stocks were under pressure after Cisco said consumers have become increasingly cautious. Retailers jumped.