Retail Sales


  • Wal-Mart Testing Toys of Biblical Proportions Thursday, 19 Jul 2007 | 10:32 AM ET
    Talking Jesus Action Figure

    Wal-Mart is test marketing religious action toys, hoping there's a Goliath-like appetite out there for something other than Bratz dolls or Dragon Ball Z. The toys are being made by One2believe in California, and they'll be rolled out in August at 425 Wal-Mart stores. The test stores are not just in the Bible Belt, but in places like California. The action figures include a 3" tall figure of Daniel in the lion's den, and a foot-tall talking Jesus. What would Jesus do? Ask him! He talks!

  • U.K. Retail Sales Weaker Than Expected in June Thursday, 19 Jul 2007 | 6:14 AM ET

    British retail sales rose less than expected in June because supermarkets suffered due to the exceptionally wet weather, official data showed on Thursday.

  • Lampert: Is Safeway In Buyout Sights Instead of Macy's? Wednesday, 18 Jul 2007 | 12:08 PM ET

    Eddie Lampert's name is thrown around a lot these days whenever speculation of a buyout in the retail sector comes to the front of the rumor mill. Today, his name is once again surfacing but this time his Sears Holdings is being linked to rumors of a buyout of grocer Safeway, not a Macy's LBO.

  • Target: What Will Ackman Do With Increased Shares? Wednesday, 18 Jul 2007 | 10:37 AM ET

    As we told you here on this blog last week, Pershing Square Capital Management upped its stake in Target beyond +5%. Per the SEC regulatory filing made Monday, Bill Ackman increased his stake in TGT to 9.6% of shares outstanding.

  • Richard Hastings, senior retail analyst at Bernard Sands, told CNBC’s “Squawk Box” that the buying power of the bottom one-third of consumers is falling.

  • Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?

  • Customers wait for their order at a Jamba Juice store.

    Chunky smoothie sounds like an oxymoron. Yet Jamba Juice will be turning out just this product in its effort to tap into the breakfast market. The company has found an original way to keep granola bits crunchy while putting them into its yogurt shakes. JMBA's also adding stuffed pockets with fillings and meals-in-a cup that can be eaten with a spoon. Why mess with the traditional smoothie business?

  • Stop Trading! Friday, 13 Jul 2007 | 11:51 AM ET

    Consumers just don't share the same fears as traders on Wall Street. Plus, en fuego tech stocks to own.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.

  • CNBC's Domm: Today's Agenda in the Markets Friday, 13 Jul 2007 | 8:51 AM ET

    U.S. stocks are ready to rise at the open after equities markets worldwide set records of their own on the back of Wall Street's big rally.

  • Fast Retailing Cuts Forecast Again, Mum on Barneys Thursday, 12 Jul 2007 | 10:22 PM ET

    Japanese clothing retailer Fast Retailing said its quarterly net profit fell 3% and it cut its full-year forecast for a third time due to losses at subsidiaries and a recent slump in same-store sales.

  • macys_shopping_bag1.jpg

    Retailers, including industry leader Wal-Mart Stores , reported June sales that topped Wall Street's lowered expectations on Thursday, raising hope for the back-to-school shopping season.

  • Target

    A source very close to the situation confirmed to me that Pershing Square Capital--a fund run by activist investor Bill Ackman--has been buying stock in discounter Target and has accumulated more than five percent of outstanding shares. The Securities and Exchange Commission filing of that purchase is expected to be made next week.

  • At this point, most every business observer seems familiar with the anonymous Web antics of Whole Foods Market CEO John Mackey. While corporate-law experts debate the legality of his acts, investors are asking what it all means for the company's value. Andrew Wilkinson, senior market analyst at Interactive Brokers, joined "Power Lunch" to offer the options market's view of Whole Foods.

  • The verdict on June retail sales: they could have been worse. Bear Stearns Retail Analyst Christine Augustine joined "Morning Call" to explain why Thursday's lukewarm figures are actually good news -- and to name the factors driving the sector.

  • CNBC's Domm: Today's Agenda in the Markets Thursday, 12 Jul 2007 | 8:59 AM ET

    An explosive bid for Canada's Alcan is giving a positive psychological lift to stocks as traders watch a flood of monthly sales reports from retailers.

  • Dutch May Retail Sales 1.9% Higher Year-On-Year Thursday, 12 Jul 2007 | 5:22 AM ET

    Dutch retail sales increased by 1.9% compared with the same period a year earlier, the Central Bureau for Statistics (CBS) said Thursday.

  • Buyout Buzz Masking Retail Sales Worries: CNBC's Brennan Wednesday, 11 Jul 2007 | 5:54 PM ET

    It has been a tough few months for short-sellers of retail stocks. Buyout activity has helped buoy up stock prices in the sector until Tuesday when it took a turn, and retail stocks were bathed in red following profit warnings from Sears and Home Depot.

  • American Eagle Outfitters Reports Strong Same-Store Sales Wednesday, 11 Jul 2007 | 4:45 PM ET
  • June May Have Been Tough for Women's Apparel Retailers Wednesday, 11 Jul 2007 | 1:48 PM ET
    Guess Top

    With most retailers to report their sales from the previous month Thursday, Christine Chen, vice president of equity research-specialty retail at Needham & Co., foresees low sales numbers for adult/"missy" retailers, despite June being a clearance month.

  • CNBC's Domm: Today's Agenda in the Markets Wednesday, 11 Jul 2007 | 8:31 AM ET

    The U.S. stock market headed toward an indifferent opening with futures bouncing above and below fair value after Tuesday's selloff. A new round of subprime debt fears on Wall Street spurred selling in equities markets around the world.