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Consumer Retail


  • Govt says Wal-Mart retaliated against strikers Wednesday, 15 Jan 2014 | 3:57 PM ET
    A showdown continues between Walmart and the neighboring District of Columbia, where Mayor Vincent Gray could sign a bill that would make large retailers to pay their employees a 50 percent premium over the city's minimum wage.

    The NLRB filed a complaint against Wal-Mart, alleging the retailer threatened people with reprisal if they mounted strikes against the company.

  • Why cider is the best thing to happen to beer Wednesday, 15 Jan 2014 | 12:19 PM ET

    As Anheuser-Busch InBev's Stella Artois takes its cider brand national, rival MillerCoors is preparing its own major cider launch.

  • Outgoing Lululemon CEO names her next venture Tuesday, 14 Jan 2014 | 5:39 PM ET
    Christine Day, CEO of Lululemon Athletica Inc., speaks during an event in Toronto, Ontario, Canada, Feb. 15, 2013.

    After six years of selling high-priced yoga pants, Christine Day is going to a healthy foods start-up backed by Derek Jeter and Jennifer Garner.

  • Breaches an 'Air Force One emergency': Saks exec Tuesday, 14 Jan 2014 | 12:09 PM ET

    The recent data breaches have repercussions for the retail industry as a whole, Saks President Marigay McKee said Monday.

  • Holiday sales rise 3.8%, miss forecast: Report Tuesday, 14 Jan 2014 | 9:38 AM ET
    Customers shop for sun glasses at Macy's Herald Square on November 28, 2013 in New York City.

    Holiday sales increased 3.8 percent to $601.8 billion in November and December, according to The National Retail Federation.

  • Target breach fallout may hit loyalty programs Tuesday, 14 Jan 2014 | 10:17 AM ET
    Retail reward cards

    Customer loyalty programs, like Target's Red Card, could be in trouble after the breach that affected 70 million customers.

  • Best Buy CEO isn't hiding from bad numbers Thursday, 16 Jan 2014 | 10:03 AM ET
    Best Buy CEO isn't hiding from bad numbers

    Best Buy comparable store sales fell by 0.9%, analysts expected an increase of 2%. CNBC's Courtney Reagan discusses her conversation with CEO Hubert Joly about the negative numbers.

  • Best Buy gets crushed in early trading Thursday, 16 Jan 2014 | 8:06 AM ET
    Best Buy gets crushed in early trading

    Brian Nagel, Oppenheimer analyst, has the read on Best Buy's holiday sales numbers, citing the ongoing challenges in the consumer electronics space.

  • Patriots president on Tom Brady's sickness Thursday, 16 Jan 2014 | 10:20 AM ET
    Tom Brady

    New England Patriots quarterback Tom Brady will be on the field this weekend for the big game, said team President Jonathan Kraft, looking to reassure concerned fans.

  • Short-sellers targeting UK grocers: Pro Thursday, 16 Jan 2014 | 11:35 AM ET
    Short-sellers targeting UK grocers: Pro

    Simon Colvin, analyst at Markit, explains that U.K. retailers, particularly supermarkets, have been "heavily targeted by short-sellers" since the holiday season.

  • Amazon's secret weapon (No, it's not drones) Tuesday, 14 Jan 2014 | 7:00 AM ET
    Jeff Bezos

    Amazon's stock has shot up a staggering 26,500% since it went public in 1997 and it just had its best ever holiday season. Here's its secret weapon.

  • US credit cards 'weakest link' for hackers: CEO Tuesday, 14 Jan 2014 | 10:19 AM ET

    The failure in the U.S. to adopt tighter credit card payment standards makes purchases more vulnerable to hackers, said the CEO of a leading smart card maker.

  • Problems brewing at Starbucks? Tuesday, 14 Jan 2014 | 8:00 AM ET

    Some undercover work at Starbucks stores shows there may be problems brewing at Wall Street's coffee darling, says retail analyst Brian Sozzi.

  • Without rebirth, malls face extinction: Developer Monday, 13 Jan 2014 | 7:16 AM ET
    The Westfield North County Mall in Escondido, Calif.

    Without a complete reinvention, typical U.S. malls will be extinct within the next 10 to 15 years, real estate CEO Rick Caruso said.

  • US consumers went on Dec spending spree amid sales Tuesday, 14 Jan 2014 | 8:10 AM ET
    A shopper carries his bags along Lincoln Road Mall in Miami, Beach Florida.

    A gauge of U.S. consumer spending rose more than hoped last month, suggesting the economy gathered steam.

  • Lowe's opens front door to Porch Tuesday, 14 Jan 2014 | 7:00 AM ET
    A Lowe's store in East Peoria, Ill.

    The home improvement retailer offers a new tool, partnering with home renovation service Porch.com as the anti-DIY online.

  • Ocado posts strong Christmas sales Thursday, 16 Jan 2014 | 3:05 AM ET
    Ocado posts strong Christmas sales

    British online grocer Ocado posted gross sales growth of 21.3 percent in the six weeks to January 5, bolstered by a strong performance over the Christmas period.

  • State of the Consumer Wednesday, 15 Jan 2014 | 1:00 PM ET
    State of the Consumer

    Retail CEOs discuss the state of the consumer at the Financo CEO forum.

  • Southwest Air pressured to break SeaWorld ties Wednesday, 15 Jan 2014 | 1:24 PM ET

    The documentary "Blackfish" has inspired more than two dozen petitions calling for changes at SeaWorld animal theme parks.

  • State of Retail Wednesday, 15 Jan 2014 | 1:00 PM ET
    State of Retail

    Retail CEOs discuss the state of the industry for 2014 at the Financo CEO forum.

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