Target has been sued by Swatch, which accused the second-largest U.S. discount retailer of illegally selling watches that copy its own.» Read More
"Consumers are being hit by a perfect storm of events," said Craig Johnson, president of advisory firm Customer Growth Partners. Kohl's Corp on Thursday said sales in January were "significantly" lower than expected as shoppers stayed away.
*Green Mountain surges on deal with Coca-Cola. NEW YORK, Feb 6- U.S. stocks were set for a slightly higher open on Thursday, as a better-than-expected report on weekly initial jobless claims boosted confidence the economy was improving, although caution remained ahead of Friday's employment report.
Some of the names on the move ahead of the open.
NEW YORK, Feb 6- U.S. stock index futures advanced on Thursday, ahead of a rate decision by the European Central Bank, as well as U.S. labor market data and the latest round of corporate earnings. *Twitter Inc shares tumbled 23 percent to $50.80 in premarket trade. *Green Mountain Coffee Roasters Inc surged 43.4 percent to $116 before the opening bell.
Seattle has lot more going on than just the Seahawks' overwhelming defense, CNBC's Jim Cramer said Monday.
Some people gave Google a pass on the failed Motorola experiment because they're rich and powerful but here's the lesson they need to learn, says Jon Fortt.
A White House event Friday will highlight how public-private partnerships can ease long-term unemployment. USA Today reports.
If you’re looking to win, Jim Cramer thinks you should place your bets on Seattle.
WASHINGTON, Jan 17- The U.S. Federal Trade Commission has approved the $2.5 billion purchase of regional grocer Harris Teeter Supermarkets Inc by Kroger Co, deciding the transaction does not violate anti-trust law, the companies said on Friday.
National Labor Relations Board to Wal-Mart Stores Inc's treatment of striking workers is likely to become a critical symbol of labor unions' attempts to organize the many non-union workplaces in the United States in the face of stiff resistance from management.
Amazon just won its first union vote. Now, it would be wise to make some serious adjustments. Here's Jon Fortt's take.
Some undercover work at Starbucks stores shows there may be problems brewing at Wall Street's coffee darling, says retail analyst Brian Sozzi.
Costco co-founder and board member James Sinegal discusses consumer sentiment and security breaches.
Costco co-founder Jim Sinegal discusses data security and the precautions Costco is taking to protect consumers, and how the wholesale giant fared over the holiday season.
It's been a year of rising stock prices and economic recovery. So why are executives still making cuts and dissing this economy? Retail analyst Brian Sozzi explains.
Many U.S. retailers had to ramp up promotions last month as shoppers continued to watch their spending during the holiday season.
*Bed Bath& Beyond, Family Dollar drag retailers. The S&P retail sector index slipped 0.2 percent after a number of retailers, including Bed Bath& Beyond and Family Dollar, slashed their earnings forecasts.
*Bed, Bath& Beyond, Family Dollar drag retailers. The S&P retail index declined 0.3 percent, pulled lower by a 12.8 percent tumble in Bed, Bath and Beyond Inc to $69.52 and a 4.6 percent drop in Family Dollar Stores Inc to $63.28. Bed Bath& Beyond lowered its fourth quarter and full-year earnings estimates after the close on Wednesday.
Fewer store visits and aggressive pricing at the start of the season by big retailers like Amazon.com Inc and Wal-Mart Stores Inc left many chains with little choice but to offer sweeter deals this holiday season. Those bargains led many chains, including L Brands, Family Dollar Stores Inc and teen retailer Zumiez Inc, to slash their profit forecasts.
L Brands cut its earnings forecast for the holiday quarter on Thursday after reporting disappointing December sales at its Victoria Secret and La Senza chains. Family Dollar Stores Inc and teen retailer Zumiez Inc, which both reported sales declines for December, also slashed their profit forecasts.