In both New York and London, retailers are slashing prices this holiday season. The steep markdowns are being driven by the need to attract a more cautious consumer and unseasonably warm weather.
Small, independent retailers, many of them mom-and-pops selling off-beat items, are increasingly popping up in shopping malls that have historically been filled by big brand-name retailers such as Gap and Victoria's Secret.
With just six days left before Christmas, the holiday shopping season isn’t over yet, says Thomas Filandro of Susquehanna Financial Group. “I think the opportunity exists for a big surge in business,” said Filandro. “This week, including Super Saturday, could represent just 35 percent of the business, and the week after, a total 50 percent so its not over yet.”
The Saturday before Christmas is too crucial to retailers to be left in the hands of procrastinating shoppers, so many stores are having “Super Saturday” this weekend, the New York Times reports.
"The Girl with the Dragon Tattoo" has been a blockbuster book for Swedish author Stieg Larsson. But can fictional character Lisbeth Salander sell clothes? Swedish retailer H&M is banking on it.
Don't be fooled by Black Friday. There are hot, and not-so hot stocks to watch in retail, says Stacey Widlitz, president of S.W. Retail Advisors.
Aaron Shapiro author of "Users Not Customers: Who Really Determines the Success of Your Business", writes of Gap Inc.’s user-first web strategy and makes the case that, "a user-first strategy will become, if it isn’t already, a company’s make-it-or-break-it point of difference."
Few businesses are as small, with hopes as large, as the kiosks scattered along the midway of the mall. This holiday, some of those running carts are either first time entrepreneurs or businesses testing a mall presence for the first time.
Used to be, customers would come running when stores cut prices. But these days, more Americans are becoming blase about bargains.
Look for a huge corporate spin-off, a major apparel merger, rock bottom bond yields, hedge fund failures and an election defeat for President Obama.
Whether it's running a multinational company or a family business, being the CEO requires a special set of skills. So which CEOs have succeeded where others have not? FInd out!
Amazon.com is dominating today's online "Cyber Monday" buzz, according to our exclusive CNBC Real-Time Retail Read.
Black Friday has historically been regarded as the day when retailers move from a loss into profit for the year. While the explanation no longer holds much relevance, this year the day after Thanksgiving could be critical for several major retailers.
The National Retail Federation predicts up to 152 million Americans will shop during the upcoming Black Friday weekend, and deal-seeking consumers may flock to discount retailers, Kimco Realty's chief executive told CNBC Tuesday.
Retailers are counting on shoppers to return to an old holiday tradition: buying gifts for themselves.
For bargain hunters on the prowl for the best deal, Black Friday and Cyber Monday are no longer an either-or proposition — and that’s a huge plus for consumers.
Stocks eased off their worst levels, but still finished lower in another thin, volatile session Thursday as investors sifted through a handful of headlines from the euro zone and after the S&P breached a key technical level.
Futures edged into positive territory after cutting their early losses Thursday following a handful of better-than-expected housing and employment news, but gains were limited amid ongoing concerns over the euro zone.
Maybe it should not come as a surprise that consumers are pulling back just in time for the holidays
Wal-Mart Stores Inc. will be kicking off the official start to the holiday shopping season with special deals starting on Thanksgiving night. It's the latest retailer to woo crowds earlier than last year in a bid to get a jump on the competition.