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Welcome to the age of the "Nevertirees."
A study of wealthy individuals around the world conducted by Barclays pokes holes in the notion that an individual should stop working at a pre-defined age, as it is more of an illusion than a reality.
The study found that increasingly, the wealthy are rejecting the idea of a traditional retirement—the romanticized golden years filled with leisure—and continuing to work long past their early 60s.
Retailers don't like to think of gift cards as that last-minute desperate gift that people buy, but let's face it, we've all been there. It's an hour before the party and there's no way you're going to be able to hunt down the perfect gift so you run to a store, or better yet a drugstore or grocery store, that sells gift cards. Bam, problem solved—quickly.
Frightened by the economic outlook? Haunted by fears about your job security? Don't worry Halloween is coming, and Americans are ready to get into the spirit, according to a new survey.
Another day another holiday forecast, but this time the tone is entirely different.
With more travelers taking to the air and airlines still reluctant to add flights, you can go home for the holidays, but it will cost you.
Darden Restaurants, the operator of LongHorn Steakhouse, Olive Garden and Red Lobster, has never been one to look for a short-term pop from using discounts to lure diners into its restaurants, but that strategy can sometimes be tough for investors to swallow.
As consumers begin dining out more, Darden's competitors have been easing off the discounts, and they've been seeing a big boost in their average check. This means it's not so easy for Darden to outshine its rivals, and Darden's shares are taking a hit as a result.
But Chairman and CEO Clarence Otis defended the company's peformance in the latest quarter.
"We feel like we had a very strong quarter," Otis told CNBC in an interview.
Although the company's same-store sales growth failed to dazzle investors, the company's 20-percent earnings growth did top analysts' estimates.
Tough economic times not only hamper denim sales, the climate also hurts creativity.
It may be too early to tell which toys parents will be hunting for this holiday season, but with Christmas just months away, there is already buzz building around Mattel's harmonizing plush characters, the Sing-a-ma-jigs.
Love them or hate them, these quirky toys are quickly becoming Internet stars. The toys, which croon like "Alvin and the Chipmunks", have already starred in a number of Youtube videos and have now scored a place on Toys 'R Us' "Fabulous 15" list of the best toys for the upcoming holiday season.
There are six characters to choose from, each with their own vocal range and personal song, and they sell for $12.99 each. The combination of being collectible and inexpensive may make them a hot property this holiday season.
If Deloitte's forecast is correct, retailers may see some of their holiday wishes come true this year, especially if they have the right e-commerce strategy.
Christina Cheddar Berk is editor of CNBC.com's Consumer Nation and chief trend spotter.
Courtney is a retail reporter for CNBC.
Tom is a Senior Editor and Assignment Desk Manager for CNBC TV. He also writes about the business of beer for CNBC.com.
Stephanie Landsman is one of the producers of CNBC's 5pm ET show "Fast Money."
CNBC Segment Producer
Strong sales in Asia helped luxury brand Burberry post a 19 percent rise in second-half revenue.
Food prices are rising. After two months of sharp increase, grocers had no alternative but to raise their prices.
Brooklyn, N.Y.-based sneaker brand, Greats, said it has raised $1.5 million in new capital from a group of investors, Crain's reports.