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  Thursday, 22 Apr 2010 | 2:14 PM ET

Macy's CEO: Unemployment Threatens Retail's Recovery

Posted By: Krystina Gustafson

High unemployment could hinder the retail sector's recovery, despite the recent improvement in same-store sales, Macy's Chairman, President and CEO Terry Lundgren told CNBC Thursday.

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  Thursday, 22 Apr 2010 | 1:45 PM ET

Marriott Sees Room Revenue Rising This Year

Posted By: April Lee

Marriott International President and Chief Operating Officer Arne Sorenson told CNBC that he expects room rates and revenue to continue to rise this year.

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  Wednesday, 21 Apr 2010 | 6:00 PM ET

EBay Shares Plunge After Outlook Disappoints

Posted By: CNBC.com with Wires

Ebay shares tumbled in late trading Wednesday after its profit outlook for current quarter fell far short of estimates and it handed in a full-year outlook that also disappointed.

The online auction site operator said it expects 2010 full-year revenue of between $8.8 billion and $9.19 billion, and earnings of between $1.29 and $1.34 a share.

Wall Street analysts expected 2010 revenue of $9.12 billion, and earnings of $1.67 per share.

In addition, eBay said it expects to generate a profit of between 27 cents and 29 cents a share in its current quarter, well short of the 40 cents a share that 27 analysts who follow the company had expected, according to Thomson Reuters.

The auctioneer lowered its revenue guidance for the current quarter to between $2.15 billion to $2.2 billion. Analysts' consensus stood at $2.21 billion.

Colin Gillis, an analyst at BGC Partners, called eBay's second-quarter outlook "lackluster" and said the company would have needed to raise its full-year guidance to keep the Street happy.

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  Wednesday, 21 Apr 2010 | 2:32 PM ET

Layaway Isn't Just for the Holidays Anymore: Kmart Exec

Posted By: Krystina Gustafson

Consumers are no longer relying on layaway programs just at the holidays, Kmart Chief Marketing Officer Mark Snyder told CNBC Wednesday.

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  Tuesday, 20 Apr 2010 | 3:30 PM ET

Consumers to Put Spending on Long-Term Diet: NFCC

Posted By: Krystina Gustafson

Just in case you were starting to feel a bit better about the economy, along comes a new study by the National Foundation for Credit Counseling, which found that the consumer recovery isn't as far along as some think.

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  Thursday, 15 Apr 2010 | 3:26 PM ET

Forecasting December's Demand When Today's Is Hazy

If you think it's tough to get a read on how consumers are feeling now, think about what it's like for retailers who are trying to forecast how generous their customers will be at Christmastime.

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  Wednesday, 14 Apr 2010 | 4:56 PM ET

Fashion, Value Differentiate Aeropostale in Teen Space: Exec

Posted By: Krystina Gustafson

The teenage consumer is returning to the mall to replace her wardrobe, and her continued search for deals has helped Aeropostale set itself apart from competitors in the teen retail space, Co-CEO Mindy Meads told CNBC Wednesday.

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  Wednesday, 14 Apr 2010 | 3:53 PM ET

BJ's Wholesale CEO: Economic Recovery Won't Hurt Business

BJ's Wholesale Club President and CEO Laura Sen said she has "zero" concerns about losing customers as the economy recovers.

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  Wednesday, 14 Apr 2010 | 3:45 PM ET

Phillips-Van Heusen Sees a Resurgence:CEO

Phillips-Van Heusen is starting to see a resurgence in consumer spending, CEO Emanuel Chirico told CNBC.

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  Wednesday, 14 Apr 2010 | 2:16 PM ET

Children's Place Expansion Plans Help Boost Stock

While other retailers are hunkering down, Children's Place is planning to expand to new markets within the U.S.

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  • From the products to the pitches to the people who buy them, we are a Consumer Nation. This blog focuses on all things consumer, taking the pulse of the attitudes that shape purchasing decisions, and providing insights that will help keep marketers, entrepreneurs and investors up-to-date on where trends are heading.

 

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