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Specialty Retail

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  • Aug 26- Best Buy Co Inc, the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected revenue for the third straight quarter, as fewer people bought PCs and electronics, and those who did increasingly bought them online.

  • Aug 26- Best Buy Co Inc, the largest U.S. specialty retailer of consumer electronics, reported lower-than-expected quarterly revenue for the third straight quarter, citing a drop in traffic in its stores as more people shop online.

  • Best Buy quarterly revenue falls 4 pct Tuesday, 26 Aug 2014 | 7:13 AM ET

    Aug 26- Best Buy Co Inc, the largest U.S. specialty retailer of consumer electronics, reported a 4 percent drop in quarterly revenue due to lower traffic in its stores. Best Buy shares were down 4.6 percent in premarket trading.

  • Ex-Aeropostale executive gets 8 years prison Wednesday, 20 Aug 2014 | 6:46 PM ET

    Christopher Finazzo was also ordered to forfeit more than $25 million and pay the company $13.7 million in restitution.

  • PetSmart confirms exploring options amid pressure Tuesday, 19 Aug 2014 | 6:21 PM ET

    PetSmart plans to explore a potential sale of the company after several shareholders pressured the pet supply retailer to sell itself.

  • Severe winter gives way to hot spring for Home Depot Tuesday, 19 Aug 2014 | 6:00 AM ET
    Pickup trucks leave a Home Depot store in El Cerrito, Calif.

    Home Depot reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter.

  • 'Leopard King' may sell to sanctioned bank Tuesday, 12 Aug 2014 | 5:28 PM ET
    Italian designer Roberto Cavalli.

    Italian designer Roberto Cavalli is in talks to sell a majority stake in his eponymous fashion house to VTB Capital.

  • SAN FRANCISCO, July 16- EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as it fended off increasing competition from arch-foe Amazon.com Inc and a growing number of smaller niche retail websites.

  • EBay's Q2 revenue climbs 13 percent Wednesday, 16 Jul 2014 | 4:22 PM ET

    SAN FRANCISCO, July 16- EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as it fends off increasing competition from arch-foe Amazon.com Inc and a growing number of smaller niche retail websites.

  • NEW YORK, July 9- Bookstore chain Barnes& Noble Inc has pledged to make its stores friendly to nursing mothers as part of a settlement with New York State after a woman who was breastfeeding was asked to cover herself or leave one of its locations.

  • *Amazon expected to expand food sales at home and abroad. BERLIN, July 8- Big retailers are taking a calculated hit to margins to invest in online grocery operations, in the hope they can persuade consumers to add more profitable items like clothes and computers to their orders of fruit and vegetables.

  • Celebrate your independence with these tech gadgets Friday, 4 Jul 2014 | 7:00 AM ET
    The iGrill, a Bluetooth enabled grilling and cooking thermometer application made by iDevices LLC for use with Apple Inc.'s iPod touch, iPhone and iPad devices.

    While there are plenty of gadgets to make your Independence Day fun, experts say this year it's all about staying connected while playing.

  • Sales of Team USA soccer gear are exploding Tuesday, 1 Jul 2014 | 3:11 PM ET
    Clint Dempsey of the U.S. (C) attempts to score between Portugal's Bruno Alves and Ricardo Costa (R) during their 2014 World Cup G soccer match in Manaus, Brazil,  June 22, 2014.

    The success of the U.S. at the World Cup hasn't just meant mega-TV ratings, but also a spike in merchandise sales.

  • No quick fix for Coach: Top apparel analyst Thursday, 19 Jun 2014 | 6:36 PM ET

    Coach executives failed to impress Wedbush analyst Corinna Freedman with their turnaround strategy.

  • Michaels to go public this summer: Sources Thursday, 12 Jun 2014 | 11:25 AM ET
    Employee Nikki Bush stocks acrylic paint at a Michaels Stores Inc. location in Cincinnati, Ohio.

    Michaels' IPO, which has been planned for the last two years, will finally take place this summer, according to sources familiar with the matter.

  • High price points driving growth: Kate Spade CEO Monday, 19 May 2014 | 6:48 PM ET

    Kate Spade CEO discusses how aspirational luxury is driving growth.

  • 10 top brands Buffett’s Berkshire owns Monday, 5 May 2014 | 11:59 AM ET
    Billionaire investor Warren Buffett flips over a Dairy Queen Blizzard treat, the most successful product ever released in the history of Dairy Queen.

    About 38,000 people flocked to the shareholder meeting in Omaha this weekend. Here's a highlight of top brands Berkshire Hathaway owns.

  • A special edition of the Brooks Adrenaline GTS running shoe with a depiction of Warren Buffett, chairman of Berkshire Hathaway Inc., on its insole.

    Inc. reports how Brooks, the specialty running shoe, company went from almost bankrupt to successful with Warren Buffett boost.

  • Marijuana vending machine coming to Colorado Friday, 25 Apr 2014 | 12:36 PM ET
    Tranzbyte’s medical marijuana vending machine made its debut in Colorado last week.

    Buying marijuana in pot-friendly Colorado just got even easier, like buying a can of soda or pack of gum from a vending machine.

  • Liberty cuts stake in struggling Barnes & Noble Thursday, 3 Apr 2014 | 9:42 AM ET

    Liberty Media will cut its large stake in Barnes & Noble, the media company announced on Thursday, but will retain a 10 percent stake.