Retail Sales


  • What Now? Tuesday, 22 Jan 2008 | 7:35 PM ET

    Cramer's playbook for this market.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • I'm On Market Duty For Today Tuesday, 22 Jan 2008 | 9:43 AM ET

    The consumer, spending and just where this market is headed right now are the main focus of everyone on the street. I'm down at the COMEX today watching how metals trade in reaction to the selloff we saw overnight in Asia.

  • Grocer Morrisons Cheered by Christmas Sales Boost Tuesday, 22 Jan 2008 | 8:08 AM ET

    Britain's fourth largest grocer William Morrison Supermarkets on Tuesday attributed strong festive sales to increased advertising, price cuts and a wider offering of fresh foods.

  • Target Expects Jan. Sales at Low End of Expectations Tuesday, 22 Jan 2008 | 4:27 AM ET

    Target said its January sales are coming in at the low end of the range it had expected earlier this month.

  • Sundance

    I'm here in Park City at the Wasach Brew pub at the top of Main Street, where CNBC has set up a mini studio of sorts. All the d-girls and boys (that's Hollywood-speak for "development executives") are running around in their furry boots and jeans looking to find the next big director among the four films they see a day.

  • american_apparel_logo_3.jpg

    Personally, I don't feel that I'd be doing my job as a journalist if I didn't ask a CEO whether ongoing litigation against him will affect the business or cost shareholders money. American Apparel's CEO Dov Charney thought otherwise though (trades on the AMEX under the ticker APP).

  • UK Dec. Retail Sales Post Surprise Fall Friday, 18 Jan 2008 | 4:54 AM ET

    British retail sales unexpectedly fell in December and at their fastest rate in a year, official data showed on Friday, in a sign that consumers reined in spending over the Christmas period.

  • Euro Stocks End Lower on US Economy Fears Thursday, 17 Jan 2008 | 12:44 PM ET

    Europe's major indexes closed lower across the board Thursday despite assurances from Federal Reserve Chairman Ben Bernanke that he would act agressively to counter the risks of a U.S. recession.

  • LeBron James: Affinity For Yankees "Instep" With New Shoe Wednesday, 16 Jan 2008 | 4:41 PM ET

    You might recall the whole ordeal that ensued when Cleveland Cavaliers guard LeBron James showed up at the first game of the ALDS between the Cleveland Indians and the New York Yankees in a Yankees hat.

  • Inflation Mild Last Month; Industrial Output Steady Wednesday, 16 Jan 2008 | 3:25 PM ET

    U.S. consumer prices rose a modest 0.3 percent in December, slightly worse than expected, while industrial output was unchanged, beating forecasts.

  • Sharapova Makes Dough -- But Will She Win? Wednesday, 16 Jan 2008 | 2:44 PM ET
    Maria Sharapova

    Maria Sharapova trounced a resurgent Lindsay Davenport on Wednesday at the Australian Open. The drubbing gave Davenport only four games in a match that was deemed as an unfortunate second-round draw for the tennis world's most marketable star. Yes, folks, whether it's fair or not, Sharapova will pull in more dough off the court this year than Roger Federer will.

  • ICR XChange 2008 Consumer Outlook Survey Wednesday, 16 Jan 2008 | 9:57 AM ET

    ICR today announced the results of its survey of the institutional investment community on the state of the consumer industry. The findings were released at the 10th annual ICR XChange Consumer/Retail Conference in Dana Point, Calif.

  • Recession Fears Are Likely to Overshadow CPI Report Tuesday, 15 Jan 2008 | 4:13 PM ET

    Higher energy and food prices may be hitting many Americans, but fears of a recession are likely to overshadow Wednesday's report on consumer prices.

  • Consumer Spending: Now Down To Just A "Trot?" Tuesday, 15 Jan 2008 | 3:55 PM ET

    Anecdotal evidence that the U.S. consumer's marathon spending spree may be slowing to a trot increases daily. By some measures, the U.S. consumer makes up about 19 percent of the world economy and 70 percent of the U.S. economy, so the health of American consumption is key.

  • Anemic growth is still a gain--even if the holiday season was the weakest in 5 years (up just 3 percent according to the NRF.) But try telling one of the CEOs at last night's Financo dinner that they should look on the bright side and you might get a glass of wine spilled over your head.

  • Euro Stocks End Lower on Retail, Banks Tuesday, 15 Jan 2008 | 11:59 AM ET

    European markets ended sharply lower Tuesday, tracking U.S. stocks, which were dragged down by weak retail sales and an announcement by Citigroup of a bigger-than-expected fourth-quarter loss of $9.83 billion.

  • Recession Worries Grow As Retail Sales Decline 0.4% Tuesday, 15 Jan 2008 | 10:47 AM ET

    American shoppers cut back on spending at the nation's retailers by 0.4 percent in December, the most in six months, in a gloomy report that fanned fears of a recession.

  • GN Store Nord Shares Sink on Profit Warning Tuesday, 15 Jan 2008 | 9:10 AM ET

    Danish headset and hearing aid maker GN Store Nord lost nearly a quarter of its market value on Tuesday after issuing a profit warning for 2007 on lower-than-expected growth at its ReSound and Netcom units.

  • Retail Numbers (Disappointing) And Citi (They Blew It) Tuesday, 15 Jan 2008 | 9:02 AM ET

    Retail sales a clear disappointment, dropped futures even more, only good news is Fed has even more room to ease here. Citigroup reported a fourth quarter loss of $1.99, $1.03 expected. Losses were driven by write-downs (of $17.4 billion) and losses in subprime, and an increase in credit costs of $5.4 billion in the consumer loan portfolio (more signs that the consumer is slowing down).

  • Tread Carefully in the Retail Sector Tuesday, 15 Jan 2008 | 9:00 AM ET

    Retail stocks have not reached bottom yet, with worse times seemingly ahead after Britain's biggest retailer reported slowing sales in its core market, analysts said.