Tuesday, 17 Nov 2009 | Source: The Associated Press
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.
Swedish fashion giant Hennes & Mauritz posted an unexpected 3 percent drop in sales at established stores in October, blaming the economic conditions in some of its major markets.
Oil prices rose more than 3 percent on Monday, taking back all of last week's 1.4 percent losses as the dollar drifted lower and better-than-expected U.S. consumer spending data boosted markets.
The dollar fell broadly Monday though it rose from session lows after Federal Reserve Chairman Ben Bernanke said the U.S. central bank is attentive to changes in the dollar.
With a crucial holiday approaching for video game makers, Reggie Fils-Aime, President and COO of Nintendo America, said he expects the close release dates of big-name titles "Call of Duty" and "Super Mario Bros. Wii," out Sunday, to revive the industry from its sales lag.
Acai Berry Juice sold some $40 million within its first 90 days on the market and is expected to hit roughly $110 million in sales next year, Lindsay Duncan, Genesis Today founder, president & CEO, told CNBC.
Stocks struggled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher, with huge gains in JDS Uniphase and AMD.
Stocks struggled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher, with huge gains in JDS Uniphase and AMD.
Costco is hoping that consumers are becoming more comfortable making purchases as the No. 1 U.S. warehouse club operator heads into the year-end holiday shopping season.
Stocks wobbled Thursday as investors juggled a weak holiday outlook from Wal-Mart and a drop in jobless claims. Techs clawed higher after some big news out of the sector.
Department store operator Kohl's Corp reported a larger-than-expected quarterly profit Thursday, but gave an outlook below Wall Street estimates for the period that includes the key holiday season.
Wal-Mart Stores posted a higher-than-expected quarterly profit, but forecast earnings during the key holiday quarter that could miss Wall Street estimates as its customers face rising unemployment.
U.S. futures remained slightly lower ahead of the open Thursday after Wal-Mart posted a 1.1 percent rise in third-quarter U.S. sales, compared to the same quarter last year, and U.S. mortgage applications pushed higher last week.
In order to experience the madness of the holiday shopping season, one author wanted to experience for himself what it's like to see the American consumer in action when greed sometimes replaces need - so he got a job at Target as a floor walker.... Read More
In recent years, the biggest story of Thanksgiving week has been “Black Friday.” That’s the unofficial start of the holiday shopping season when crazy people line up at crazy hours to go into stores that open at crazy hours to take advantage of crazy discounts... Read More
Retailers: are we reaching the limits of cost cutting? Cautious comments on fourth quarter sales from Saks and Target are weighing on retailers today... Read More