On a year-on-year basis, Australia's retail sales figures are up about 5 percent in May, says David Thomas, head of Australian consumer research at CLSA.» Read More
So you probably just found out. Electronic Arts just picked RETIRED quarterback Brett Favre to be its cover athlete for Madden 09. Some will say it's stupid; some will say it's a great idea. Ingenious? Good idea? Won't affect sales? Idiotic? I'm not going to say what I think until I let you vote on it: So write in and tell me your thoughts...
So the buried David Ortiz jersey went for $175,100 today. Even after I threw out my guess of $156,000 for the "cursed" Boston Red Sox jersey buried beneath the new Yankee Stadium, most of my readers doubted me, as only 17 percent of you said it would go for more than $150,000.
What would you do with $600? If you're an American making $75,000 or less, you'll be receiving a rebate check in that amount by the end of May. Spend that payout on groceries at Kroger or Supervalu and those stores plan to give you some extra cash on top of that government money...
Amazon.com posted a higher profit that beat analysts' estimates and raised its 2008 sales outlook, but said operating income and profit margins, would be lower than previously expected.
Starbucks on Wednesday warned of weaker-than-expected earnings for the second quarter and full year due to weak U.S. consumer spending that led to a drop in sales at established stores.
Earth Day: And there is no athlete more perfect for this day for Steve Nash. The guy has endorsement deals with Arizona Power Company, Canadian Company BC Hydro (a hydroelectric utility), Energy Innovations (renewable energy) and drives a Lexus Hybrid! He also has a big endorsement deal with Nike -- which today is re-releasing Steve Nash's Trash Talk shoe in limited quantities.
What are you doing with that drawerful of old cell phones? And those early digital cameras? Wish you could get a little cash for them without the hassle of starting up your own business? Now you can. Rousseau Aurelien, CEO of SecondRotation explains.
Former University of Tennessee standout and WNBA top draft pick Candace Parker has signed her first two endorsement deals, CNBC has learned.
It costs consumers more to buy ‘green’ or eco-friendly products. But retailers are hoping that consumers’ conscience will override price-consciousness when it comes to buying these green lines.
Imagine going to NBA games for $1 a game. No way, right? Way. Michael Rand's Randball picked off this great nugget. Apparently, the Kevin Garnett-less Minnesota Timberwolves are so desperate from their horrific season--in which they drew the second worst attendance in franchise history (14,402 fans per game)--that they are doing a "Pay the Pick" deal.
Cash your stimulus check at Sears and the company will give you a bonus gift card worth 10 percent of that check. What's the catch? You have to cash your entire check and trade it in for a giftcard that has to be redeemed at a Sears, Kmart or a Land's End sometime between May 14 and July 19th.
In the cross training war between Nike and Under Armour, I gave the early edge to Nike. Why? Well, I liked Nike's commercial a little bit better and I thought that Under Armour's decision to run their spot during the Super Bowl was the wrong one.
Most Retail Detail readers are skeptical about Blockbuster's attempted takeover of Circuit City. Carl Icahn is financing this deal but Circuit City management seems to be resisting it. What's interesting is that Circuit City is now in play.
Cheryl Miller was before her time. Rebecca Lobo was too tall. Lisa Leslie was missing that flash. To date, no professional women's basketball player has been able to be a marketable icon: a true commercial star with an identifiable logo on a pair of shoes and a player who does something more than sell a bunch of college and WNBA jerseys.
European company earnings out Tuesday indicated mixed consumer sentiment, with some retailers blaming the early Easter for weaker-than-expected results while others reported strong results.
Stocks opened mixed as investors juggled an unexpected loss from Wachovia and an uptick in retail sales.
After a surprise gain in retail sales for March, CNBC asked CEOs of top retailers how they're faring.
Whew.. what a morning. I've been reporting on Blockbuster's surprise $1 billion surprise offer for Circuit City. A lot of interesting questions to ponder here, including: Why would Carl Icahn choose to finance the $1 billion Blockbuster bid? Why wouldn't Blockbuster just join in a partnership with Circuit City in order to gain access to the customer list?
European shares closed firmly in the red Monday, but were off the session's lows, as U.S. retail sales, a key gauge of the economy's health, came in better than expected.
US retail sales unexpectedly rose 0.2 percent in March, pushed up by a jump in gasoline sales, a government report released on Monday showed.