With a taste for luxury developed through flash-sale websites, Gen Y shoppers are increasing their spending at full-price online luxury retailers more than any other age group, according to a new report.
In an industry known for extravagance, simpler designs with a ladylike twist will blanket the Lincoln Center runway at Fashion Week for the Fall 2012 season, industry experts predict.
The hotel chain announced this season’s roster of Fashion Next designers at its kickoff of Mercedes-Benz Fashion Week on Monday.
Three years after receiving a government bailout, General Motors aims to raise its profit margin to 10 percent over the next several years. If it succeeds, it could generate net income of $10 billion or more — an outcome that the former “car czar” does not think is “a crazy ambition.”
Celebrating on lovers’ lane will get more expensive for the average American this Valentine’s Day, according to two new reports. To lure value-seeking consumers, daily-deal sites will be offering a range of deals and promotions for the love struck.
Facebook’s biggest investor does not think there is a tech bubble and said he’s “pretty sure” the company can continue to grow for a long time once it becomes public.
Even if economic growth in the U.S. is not as strong as Caterpillar is forecasting, investors can expect the company to deliver on its 2012 guidance anyway, one analyst said.
Bloomingdale's is attaching chunky plastic tags to some dresses to fight "wardrobing."
McDonald's says a revamped version of its Dollar Menu that includes $5 items could be launched nationally this year.
In a move to boost its light beer brand, Heineken is tweaking the taste with a popular hops.
The battle to boost the minimum wage escalated Thursday when fast food workers in 50 cities walked off the job.
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."
Clothing retailers are adding more in-store bars, encouraging shoppers to mix Happy Hour and holiday errands.
A shorter holiday calendar could send more shoppers to physical stores for last-minute purchases.
McDonald's has committed yet another employee advice blunder, listing pricey suggestions for holiday tipping.