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
Sunday is a big day in America. Sure, it's Super Bowl Sunday — but for non-sports lovers, the Jason Wu collection launches in Target stores and online. Read More
Celebrating on lovers’ lane will get more expensive for the average American this Valentine’s Day, according to two new reports. To lure value-seeking consumers, daily-deal sites will be offering a range of deals and promotions for the love struck. 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
While Coach points to its male product line, and international market share as key sources of profits, senior retail analyst Laura Champine says the company shouldn't mess with its core market. Read More
Since Ron Johnson joined JCPenney, the stock has received a free pass. JCP shares are actually up 11 percent despite continuing disappointments. But after all, if anyone can revive a tired retailer, the man who created the Apple retail experience should be the one. Read More
A spirited debate broke out during the question-and-answer session at this year's Financo Forum, a gathering of retail industry executives sponsored by the boutique investment bank, after Drexler challenged the upbeat tone of the evening's panel discussion. Read More
High street retailers have had a tough year in 2011, but Burberry is bucking the trend. A global slowdown and Europe’s still-unfolding sovereign debt crisis sets a dark cloud over the luxury market, but the British maker of trenchcoats and handbags turned in strong results earlier Tuesday. Read More