Retail Sales


  • Wal-Mart Savings Study: My Interview With Author Friday, 19 Oct 2007 | 4:24 PM ET

    As promised, here's the transcript of my interview with Chris Holling of Global Insight. He's the Economist who authored the Wal-Mart savings study that I blogged about yesterday. Here's the explanation of how he came up with the math behind the "Wal-Mart Effect."

  • Halloween holiday consumers plan on spending more this year than last for getting their trick or treat on.

  • 'Halo 3' and Wii Drive US Video Game Sales Friday, 19 Oct 2007 | 5:39 AM ET

    U.S. sales of video game hardware and software jumped 75 percent in September, driven by Microsoft's "Halo 3" and Nintendo's Wii console.

  • Wal-Mart: Really Out To Save You Money? Thursday, 18 Oct 2007 | 6:37 PM ET

    Wal-Mart announced today that it is rolling out a second round of pre-holiday price cuts this time on an additional 15,000 items. The cuts are 20% more than last year, according to Wal-Mart public relations.

  • Notre Dame: Cheer, Cheer For Ticket Prices? Thursday, 18 Oct 2007 | 3:19 PM ET

    This Saturday, Notre Dame plays USC. It's not the ideal matchup it has been in the past. But that doesn't mean it isn't a hot ticket. Consider some of these numbers: StubHub is telling me that the average price of a ticket sold on their Web site for this weekend's game is $438.

  • Nike Expects $1 Billion in Chinese Sales in a Year Thursday, 18 Oct 2007 | 5:47 AM ET

    Nike, the world's largest athletic shoe and clothes maker, would see revenue growth in China increase at 50 percent per year and sales reach $1 billion within a year, CEO Mark Parker said on Thursday.

  • UK Retail Sales Rise More Than Expected in Sept Thursday, 18 Oct 2007 | 5:36 AM ET

    British retail sales rose much more than expected in September at their sharpest annual rate in three years, official figures showed on Thursday.

  • LeBron: My Chat With King James And Shoe Review Wednesday, 17 Oct 2007 | 11:41 AM ET

    With the Cleveland Cavaliers playing the Orlando Magic in China, I decided it would be good to run our story on the marketing of LeBron James on CNBC today. I sat down with him last week to discuss his endorsement roster and other things, including his relationship with Warren Buffett.

  • European Stocks Close Higher on US Earnings Wednesday, 17 Oct 2007 | 11:33 AM ET

    Europe's major stock indexes closed higher Wednesday, following a mixed morning, as a strong set of earnings from the likes of Coca-Cola and JPMorgan boosted investor confidence.

  • Woods And Gatorade: Both Can Drink Up The Profits Wednesday, 17 Oct 2007 | 9:13 AM ET

    Gatorade, which is owned by Pepsi, confirmed today that it signed a licensing deal with Tiger Woods. Last month, Golfweek Magazine reported that it was a five-year deal and that it could be worth up to $100 mill

  • Pinkberry's: Just A Fad Or Next Hot IPO? Tuesday, 16 Oct 2007 | 5:27 PM ET

    Can something overpriced, lowfat and "healthy" sell as well as something overpriced, addictive and caffeinated? Probably not. Replicating the success of Starbucks seems next to impossible. But Howard Schultz the chairman of Starbucks and partner Dan Levitan are betting $27.5 million that they can use their knowledge...

  • Apple's Real iOpening News: Leopard Finally Unleashed! Tuesday, 16 Oct 2007 | 1:53 PM ET

    Well, it's about time.  That might be the familiar refrain coming from Apple investors as well as the Mac faithful who had to give up Leopard's place in the development line in favor of the company's new favorite flavor, the iPhone.

  • Carrefour Sales Rise Below Expectations Tuesday, 16 Oct 2007 | 12:51 PM ET

    Carrefour, the world's second largest retailer, reported a slightly below-forecast 5.8 percent rise in third-quarter sales on Tuesday, with revenue growth in the international business offsetting lower revenue in its French home market.

  • For Shoppers, It's Christmas in October Tuesday, 16 Oct 2007 | 11:13 AM ET

    The National Retail Federation says its survey has found that 40 percent of shoppers will begin their holiday shopping before Halloween. That's despite the fact that the day after Thanksgiving is typically seen as the official beginning of the holiday shopping season.

  • New Security Steps: What's It "Cost" To Be Safe? Tuesday, 16 Oct 2007 | 9:51 AM ET
    Port Elizabeth, New Jersey

    Standing here at the Port of Wilmington in Delaware, I was surprised to see the number of Dole and Chiquita logo'd trucks driving cargo to the port. Who knew that P of W is the #1 banana port and Chilean grape import/export port in the U.S.?!

  • Diageo, the world's biggest alcoholic drinks group, said on Tuesday sales growth slowed in its first quarter, but it maintained its full-year target for underlying operating profit to rise by 9 percent.

  • Stocks Flat, Oil Hits High As Earnings Roll In Monday, 15 Oct 2007 | 9:01 AM ET

    Stocks are sending a mixed message this morning as oil cranks to a new high and earnings season gets underway. European stocks are mixed to firmer, and Asian markets were higher though Tokyo had a flat session.

  • Surprise! Americans Set to Open Wallets This Holiday Monday, 15 Oct 2007 | 8:48 AM ET

    It’s going to be a joyful—and profitable—holiday season for retailers, according to the  latest  CNBC Wealth in America survey. Americans plan to spend an average $839 during the holiday season, up 17.6% from last year. 

  • H&M Sales Rise Fast Before Cavalli Launch Monday, 15 Oct 2007 | 8:23 AM ET

    Hennes & Mauritz beat expectations with a 25% year-on-year rise in September sales, its second-strongest figure in five years, signaling a buoyant reception for its winter fashions and online shops.

  • Surprise! Americans Plan To Spend More This Holiday Monday, 15 Oct 2007 | 6:03 AM ET

    Forget the credit crunch, housing recession and fears of slower economic growth. Americans plan to open their wallets during the holidays this year, though maybe not on those cheap Chinese toys.  Spending is expected to jump 17% from last year, to an average of $839.