PepsiCo CEO Indra Nooyi put to rest chatter the Purchase, N.Y., giant would be splitting off its lucrative chip business, saying the companies “together create a lot more shareholder value than apart.” Read More
Be it grocery shopping, housekeeping, or the hunt for shoes, full-time workers are willing to spend more on outsourcing errands, so they can work longer. According to the International Concierge and Lifestyle Management Association, spending on personal assistant or errand services is no longer reserved for the uber-wealthy — it's gone mainstream. Read More
Pollsters are estimating a record number of people, perhaps as many 173 million, will be watching as the New York Giants take on the New England Patriots in Super Bowl XLVI on Feb. 5. Read More
Before the start of JC Penney’s analyst day, William Ackman, largest holder of of JCP shares and Board Member, told CNBC it would be the most important day for retail in 25 years. Now that is a lot of pressure. Today is day two. Read More
Procter & Gamble shares are trading lower Monday after Stifel Nicolaus analyst Mark Astrachan downgraded the stock, citing valuation and concern about the company's forecast for the second half of fiscal 2012. Read More
Penny-pinching isn't just for the poor. The wealthy are just as interested in clipping coupons, hunting down deals, and keeping spending in check with shopping lists as less affluent consumers, according to a recent survey. That doesn't mean there aren't opportunties to make money. Read More
Bigger crowds at this year's National Retail Federation conference are a tangible sign of last year's solid growth in the retail industry. About 24,000 people are attending the conference in New York this year, the most in its history. Read More
In the wake of a disappointing December sales report, it is clear Target has its work cut out. The discount retail chain has tried to hit up designers such as Missoni and Jason Wu to try and reignite the fashionable image that once drove its business. It's next move may be to partner with retail's latest darling: Apple. Read More
"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. Read More