Retail Sales


  • What's Being Heavily Traded And Why Wednesday, 14 Mar 2007 | 2:02 PM ET

    Hey everyone. A quick note on the Portfolio Challenge trading. The best trades made by contestants seem to be overwhelming triggered by news events and earnings. Here's a look at  the top trades from Tuesday...

  • Portfolio Challenge Update: Standings And Trades Wednesday, 14 Mar 2007 | 10:51 AM ET

    Well--the first weekly winner has been declared--Nancy Beaumont and she will be removed from the leaderboard. So how are the others doing? Here's a look from yesterday's action. Scott Wrynn maintains the top spot in the leaderboard for the second day in a row with his...

  • Strategists: Market Pullback Has Created Good Buys Tuesday, 13 Mar 2007 | 1:16 PM ET

    An optimist sees the opportunity in every difficulty, said Winston Churchill. Investment strategists Steve Folker and Alan Gayle gave "Morning Call" viewers the same advice.

  • Brinker International Reports Lower Same-Store Sales Thursday, 8 Mar 2007 | 11:39 AM ET

    Brinker International said on Wednesday that sales at restaurants open at least 18 months fell 4.9% for the four weeks ended Feb. 28, hurt in part by unfavorable weather.

  • Population: 293,161  Subindex Rank Out of 187 Cities:  Emotional Health: 27Work Experience: 1 Physical Health: 7Healthy Behaviors: 4Basic Access: 10

    The nation's retailers had a slow start to the spring season as unseasonably cold weather in February chilled demand for lightweight apparel, resulting in disappointing sales. The slowing economy, particularly the weakening housing market, could challenge shoppers in the months ahead.

  • Carrefour Says Profit Up 3.3% in 2006 Thursday, 8 Mar 2007 | 5:03 AM ET

    Carrefour, Europe's biggest retailer, posted a 3.3% rise in 2006 net profit Thursday, with a weaker performance in its home market in France dampening robust growth elsewhere.

  • Top CEOs Say Economic Growth Will Remain Steady This Year Wednesday, 7 Mar 2007 | 12:55 PM ET

    Top executives at  major companies see steady economic growth ahead, the Business Roundtable’s latest survey shows.  CEOs foresee 2.9% growth in  GDP this year.

  • Apparel maker and retailer Chico's FAS  said on Tuesday that quarterly net profit fell nearly 60 percent, missing Wall Street estimates, and that more work was needed to offer more fashionable merchandise to lure back once-loyal customers.

  • Straight Talk From The Trading Floor Tuesday, 6 Mar 2007 | 8:36 PM ET

    The Fast Money Five give their picks for the hottest trades. Tonight, the burning rubber rally, the call ahead of Costco earnings and more...

  • Stepping Up Their Game Tuesday, 6 Mar 2007 | 3:43 PM ET

    The video game industry had a lot to celebrate as it gathered in Las Vegas for its annual awards. Sales surged to a new record in 2006. New product launches of Nintendo's Wii and Sony's PlayStation 3 and hit franchises like Activision's Guitar Hero have rejuvenated the business, while Microsoft has taken its game to a new level.

  • Video Game Award Winners Tuesday, 6 Mar 2007 | 3:26 PM ET

    Epic Games and Microsoft Game Studios’ "Gears of War" was the big winner at the 10th annual Interactive Achievement Awards Feb. 8, taking home eight statues, including the coveted Game of the Year.

  • GM CEO: Emerging Markets Encouraging for 2007 Tuesday, 6 Mar 2007 | 11:48 AM ET

    General Motors CEO Rick Wagoner told CNBC's "Worldwide Exchange" he predicts robust global sales growth in 2007, crediting the positive outlook to a strong product pipeline and solid performance in the emerging markets.

  • GM CEO: Emerging Markets Encouraging for 2007 Tuesday, 6 Mar 2007 | 9:55 AM ET
    This West Chester, Ohio-based steel company struggled in the first half of the year, posting a 37% decline year-to-date. Cramer didn't like this stock at first because it's not a vertically-integrated steel maker, meaning it doesn't have its own mines and needs to buy its primary raw materials. In other words, AK Steel's operating costs were very high.But Cramer thinks this stock could be poised for a turnaround, as those costs have since plummeted. He also likes the company's management, who reduced the employee headcount by 30% while maintaining the same production capacity. At the same time, the company has used more than $2 billion of internally generated cash to shore up its balance sheet. It has also managed to muddle through the recession without selling equity, issuing debt or cutting its small dividend, which has a 1.4% yield.

    General Motors CEO Rick Wagoner told CNBC's "Worldwide Exchange" he predicts robust global sales growth in 2007, crediting the positive outlook to a strong product pipeline and solid performance in the emerging markets.

  • A&P Chairman: M&A The Answer To Wal-Mart Threat Monday, 5 Mar 2007 | 4:39 PM ET

    When The Great Atlantic and Pacific Tea Co. -- better known as "A&P" -- announced it would acquire Pathmark Stores for $1.3 billion, Moody's placed the buyer-to-be on a review list for possible downgrade. But A&P Executive Chairman Christian Haub told CNBC's Erin Burnett that the deal makes sense.

  • German retail sales fell 1.4% in January from the same month last year as a hefty increase in value-added tax took effect, according to government figures released Friday.

  • Retail Auto Sales-Troubling Trends for Big 3 Wednesday, 28 Feb 2007 | 10:39 AM ET

    As we wait for the February auto sales and word of whether or not foreign automakers will pass 50% market share in the U.S. for the first time ever, there's another number to watch. It's retail auto sales.

  • Federated CEO Optimistic On Macy's, May -- And Martha Tuesday, 27 Feb 2007 | 10:35 AM ET

    Federated Department Stores said stronger same-store sales and lower costs boosted fourth-quarter earnings 5% higher. And Chairman and CEO Terry Lundgren told CNBC's Becky Quick that the parent of Macy's and acquirer of May Stores is getting "better and better."

  • Starbucks Chairman Says Chain Has Lost Its 'Romance' Saturday, 24 Feb 2007 | 5:37 PM ET

    Starbucks  Chairman Howard Schultz told executives in a memo last week that measures taken to fuel the coffee shop chain's rapid expansion had led to a "watering down" of its iconic brand.

  • Safeway's Burd Still Sees "Very Strong Year" Thursday, 22 Feb 2007 | 5:52 PM ET

    Forget gas price fluctuations: People have to eat. And remodeled stores, fresh produce and prepared meals boosted quarterly profit at supermarket chain Safeway. So if analysts were disappointed by the firm's sales, well, Chairman and CEO Steven Burd seems happy anyway.

  • CEO Scott Praised, Cautioned On Wal-Mart Turnaround Tuesday, 20 Feb 2007 | 3:00 PM ET

    Wal-Mart Stores topped Wall Street expectations with its 9.8% jump in fourth-quarter profit. So why would anyone want CEO H. Lee Scott to quit? Consultants William Marquard and Michael Bergdahl joined "Power Lunch" to explain -- and perhaps refute -- that thinking.