Wednesday, 9 Jul 2008 | Source: CNBC.com
Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week. Oil climbed in a choppy session after falling more than $9 abarrel in the past two sessions.
Wednesday, 9 Jul 2008 | Source: Reuters
U.S. apparel chain Steve & Barry's on Wednesday filed for Chapter 11 bankruptcy protection, joining a lengthening list of retailers to seek protection from creditors in a slow economy.
Wednesday, 9 Jul 2008 | Source: CNBC.com
Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week. Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.
Wednesday, 9 Jul 2008 | Source: CNBC.com
Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week. Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.
Tuesday, 8 Jul 2008 | Source: Reuters
U.S. retailers, led by the discounters, are expected to post slightly better June same- store sales this week, thanks to seasonal weather and rebate checks that have made their way to cash registers, mostly for basic items such as gasoline and food.
Monday, 7 Jul 2008 | Source: CNBC.com
Stocks whipped back to positive territory on a seesaw day for Wall Street, which was dominated by a large dumping of financial shares and a drop in oil that staggered large energy producers.
Monday, 7 Jul 2008 | Source: CNBC.com
Stocks moved out of bear territory Monday as oil retreated more than $4 a barrel, easing inflation fears, and technology got a boost from two of its largest companies.
Friday, 4 Jul 2008 | Source: The New York Times
Anyone who has managed to forget about fuel prices long enough to enjoy a little retail therapy knows some steep discounts are available these days, the New York Times reported.
Tuesday, 1 Jul 2008 | Source: Reuters
Australian retail sales rose well past expectations in May, pointing to consumer resilience in the face of higher living costs and challenging the official view that interest rates were high enough to curb domestic demand.
Tuesday, 1 Jul 2008 | Source: Reuters
Just Group, an Australian clothes retailer, cut its earnings forecast for the 2008 financial year by as much as 12.6%, hit by sluggish consumer demand, but said it still rejected a takeover bid from billionaire Solomon Lew.
High-end consumers are still shopping, but they are doing so with caution according to some executives from the high-end retail and recreational busines sector.
Monday, 23 Jun 2008 | Source: Reuters
Walgreen posted a 2 percent increase in quarterly profit as sales were muted by a weak U.S. economy and slowing growth in prescription drug sales.
Friday, 20 Jun 2008 | Source: Reuters
Retail giant Wal-Mart Stores may set up a back-office center in India's technology hub of Bangalore to cater to its multiple functions across the world, the Economic Times said on Friday, citing unidentified sources.
Wednesday, 18 Jun 2008 | Source: CNBC staff and wire reports
UK retailers J. Sainsbury and Woolworths reported sales that disappointed slightly, sparking comments that British consumers may be orienting towards discount retailers, analysts said on Wednesday.
Wednesday, 18 Jun 2008 | Source: Reuters
Hennes & Mauritz posted second-quarter pretax profit that beat forecasts and sent its shares higher, as a sunny May helped boost sales and a weak dollar lowered purchasing costs.