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Wal-Mart Stores' board of directors elected Doug McMillon to succeed Mike Duke as president and chief executive officer, effective February 1, 2014.
As retailers experiment with earlier Black Friday promotions, restaurants are extending their hours too, in hopes of squeezing out additional sales.
Carlson has hired an investment bank to consider strategic alternatives for TGI Fridays, a long-term unit of the company, a Carlson spokesperson said.
The fast-food giant is not offering the cult favorite nationally but instead will let franchisees choose whether or not to put it on their menu.
While adoption among merchants is small, more businesses are accepting bitcoin as a way of avoiding credit card fees and attracting enthusiasts.
Home builder confidence remained flat as more builders viewed market conditions as good than poor. Still, the reading disappointed expectations.
As Americans renounce their citizenship at record rates, some experts say a complex IRS tax code could be to blame.
Wearing millions of dollars of diamonds, Swarovski crystals and lingerie, Victoria's Secret Angels hit the catwalk during the annual runway event.
Finally, some good news for consumers to chew on: that Thanksgiving feast will be a little less expensive.
To go behind the bra, CNBC reached out to Victoria's Secret to dig up some interesting tidbits about this year's megamillions undergarment.