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During my two days reporting from the Miami area this week, I covered the gamut of stores. A Wal-Mart, a Target, a Whole Foods, a Starbucks and a slew of boutiques in the posh Lincoln Road shopping district. The one thing in common between all of the customers that we spoke with is that all were acutely aware of the housing problems in the area.
Apple, which introduced a new line of iPods in early September, has managed to stay one step ahead of the competition--so far.
Some of the best business stories are behind the emerging Cinderella. I covered Gonzaga's merchandising boom from their NCAA Tournament runs and Boise State's merchandising royalty run as they became the most prominent non-BCS football program in the land.
Amid soaring oil prices and ballooning global fuel demand, the Bush Administration is calling on Americans to help conserve energy on a personal level.
Stocks are waffling and a lot of the talk is focused on Friday's employment report. Traders are also watching this morning's 10 a.m. release of the Institute for Supply Management's non-manufacturing index.
Tesco Chief Executive Terry Leahy is "upbeat" about the outlook for the world's third largest retailer in the second half after it reported a slowdown in growth in its core British market in the first six months.
Stocks ended Friday down slightly as dollar weakness sparked inflation concerns but losses were limited by solid U.S. consumer data. "Housing is slowing down but the U.S. consumer isn't," said Robert Froehlich of DWS Scudder. "The numbers today show that this dichotomy is in place and housing is in trouble but the consumers keep shopping."
Recession talk is heating up as the slumping U.S. housing market threatens to shackle free-spending consumers, yet stocks remain near record highs, indicating that many investors see little cause for alarm.
If you think that the share price of retail giant Wal-Mart will recover from its malaise, then you might also be interested in buying into what looks to be one of the first Wal-Mart Exchange Traded Fund.
Technical analysis is becoming a mainstream way to time and predict stock moves and market tops and bottoms. Carter Worth, chief market technician at Oppenheimer, joined the panel to explain what he’s seeing – and where he thinks we’re going.
Holiday sales could be as weak as they were during the recession of 2002, according to a CNBC snap survey. It’s too early to shop, but it isn’t too early to trade the Christmas season. Who will be the Christmas winners amid such dismal forecasts?
Discount retailer Target warned on Monday that September sales at stores open at least a year would be well below its prior forecast due to weak customer traffic, particularly in Florida and the U.S. Northeast.
Wal-Mart Stores has formed a partnership with the Carbon Disclosure Project to look for ways for its suppliers to better manage their energy efficiency, as part of its environmental push, the company said on Monday.
The list of Forbes 400 Richest Americans is out. Much is being made (on our network as well) about the fact that the family members of Wal-Mart founder Sam Walton are not in the top ten rankings of the richest Americans. This is the first time that the Walton's have not been in the top ten since 1989.
Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
In a shaky sector, this fast-food company manages to serve up consistent earnings and growth.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.
Takeover target J. Sainsbury is allowing Qatari-backed investment fund Delta Two access to its books, the companies said on Thursday, the latest stage in a 10.6 billion pound ($21.4 billion) bid tussle.
Pier 1 Imports Thursday reported a smaller quarterly loss as the home décor retailer phases out its Pier 1 Kids and e-commerce units to try to return to profitability.
The company said it had been able to pass on higher product costs to customers, which helped lift gross margin to 23.94% from 23.47%.
For now, toy makers and retailers are sharing the burden, but that's only expected to last until the holiday season. Next year, American consumers will be facing price increases of up to 10% to pay for the industry's increased vigilance after more than 3 million lead-tainted toys from China were recalled worldwide since June.