With frugal being the height of fashion, consumers are being increasingly sophisticated in how they hunt for deals.

Gap posted a profit that matched forecasts Thursday, though the retailer edged Wall Street's sales expectations.

After a brutal year in which the nation’s luxury retailers were forced to offer their wares at stunning discounts, they are trying to get their magic back. And they may have found a way: deliberately running low on merchandise. The New York Times reports.

Reckitt Benckiser and Colgate Palmolive both say there is no truth to the speculation of their linking up, CNBC has learned.

The retailer posted a narrower-than-expected quarterly loss, helped by the first increase in same-store sales at its Kmart unit in four years.

While gift cards remain the most requested holiday item, U.S. shoppers are expected to pull back on buying them this year because of the weak economy, according to a retail survey released on Thursday.

U.S. department store operator J.C. Penney said on Wednesday it will stop publishing its twice-yearly "big book" catalogs as consumers increasingly turn to online shopping.

BJ's Wholesale reported a 37 percent drop in quarterly profit Wednesday, hurt by a charge for a proposed legal settlement regarding worker pay.

Dutch grocer Ahold plans to cut costs by more than $521 million over three years, as it looks to sharpen its competitive edge in its main U.S. market and boost its underperforming shares.

Costco customers may have to look elsewhere for Coca-Cola products now that the retailer has stopped carrying them because the pair are fighting over prices.

The still financially troubled airline industry is experimenting with selling more products and services to fliers, the New York Times reports.

The number 2 US discout retailer reported a higher-than-expected quarterly profit as traffic in its stores improved and shoppers purchased more than just necessities, like food or medicine.

Home Depot posted a higher than expected quarterly profit Tuesday but warned that there was still a lot of pressure in the U.S. housing and home improvement markets, sending its shares lower.

A speculative bubble in rough diamond prices is likely to pop by mid-2010 and threaten a re-run of last year's industry crisis, according to an executive of the world's second-largest producer, Russia's Alrosa.