Whether hiking, biking or camping, many Americans love the outdoors. That has helped boost retailer REI to new heights of success.» Read More
Bed Bath & Beyond posted a higher second-quarter profit on Wednesday, citing increased sales and a one-time tax benefit.
Just when you thought that all the advertising space was occupied on the field, here comes the folks from EyeBlack.com. The company will sell millions of pairs of EyeBlack--yes, the stuff that's supposedly used to cut down on glare--with college and high school logos on it this year.
For someone used to forking over more than $5 bucks a cup to get her daily dose of caffeine at Starbucks, the idea of getting anything free or affordable at the world's largest coffee retailer is exciting.
Bootmaker Timberland said Wednesday it would close nearly 40 specialty retail shops across the globe and take a $17 million charge amid declining sales.
Swedish fashion giant Hennes & Mauritz posted below-consensus third-quarter pretax profit on Wednesday due to weaker revenues than expected, but the company said sales in the fourth quarter had developed well.
Reliance, India's biggest private company, is laying off 1,000 staff in India's most populous state after failed attempts to reopen Western-style supermarkets, which closed after protests from small traders.
Holiday sales could be as weak as they were during the recession of 2002, according to a CNBC snap survey. It’s too early to shop, but it isn’t too early to trade the Christmas season. Who will be the Christmas winners amid such dismal forecasts?
Upmarket Australian retailer David Jones said on Wednesday its full-year profit climbed 35% on strong winter sales, and confirmed its outlook for an 8% -13% rise in profit in the current year.
Consumer crisis or not, we're three months and counting until Christmas. Americans will still shop for the holidays but the question is just where they'll buy and how much they'll pay for this year's presents. Will we have a merry or mediocre Christmas?
The latest CNBC Holiday Central survey shows most expect holiday spending to grow 1% to 3% this year, the the smallest annual increase since 2002.
Rumors are flying about Microsoft's interest in investing in a 5% stake in Facebook--a stake that would value the social networking upstart at some $10 billion dollars. Viacom and Yahoo have both made bids for the company, Google is reportedly interested (though co-founder Sergey Brin told me back in July that they weren't pursuing Facebook) and now Microsoft's offer is shaping up.
While its competitors whine about a weak American consumer, this electronics retailer is taking steps to expand its international footprint.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.
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Discount retailer Target warned on Monday that September sales at stores open at least a year would be well below its prior forecast due to weak customer traffic, particularly in Florida and the U.S. Northeast.
I made the trek cross-country yesterday to front our exclusive Halo 3 release coverage from this Best Buy store at the corner of 44th and 5th Avenue in midtown Manhattan. This is one of 10,000 retailers nationwide that'll be hosting midnight-madness sales tonight to launch Halo 3 onto store shelves.
CBS CEO Les Moonves, wanting to dispel concerns that an economic slowdown would hurt ad sales, said that CBS ad sales are up 30% in the current scatter market, at Merrill Lynch's Media conference.
"I have a stroller for my cat," the attractive young woman said with a Cheshire grin. "How much did it cost?" I asked. "Oh, about $140, but I don't care," she answered. That's exactly what the 8,000 people at the SuperZoo 2007 trade show in Las Vegas are counting on. It's a 41 billion dollar business and growing by double digits, all things to do with pets. From food (some of which is alive) to organic leashes and collars.
Free is the big trend these days when it comes to TV and newspaper content on the web. Television networks and newspapers are adopting free, ad-supported models online. They're ditching pay-per-episode and subscription services to go after a bigger audience and higher profits. The new approach? More, more targeted ads.
Nestle's Chief Executive designate Paul Bulcke stressed on Friday he will stick to the world's largest food company's current strategy, targeting annual underlying sales growth of 5% to 6%.
Nike said first-quarter earnings per share jumped 51% to $1.12, versus 74 cents in the year-ago quarter, beating Wall Street estimates.