Nov 20- Footwear retailer Foot Locker Inc reported better-than-expected quarterly profit and sales, helped by strong demand for basketball and running shoes. Foot Locker is one of the biggest footwear retailers in the U.S and its performance is an indicator of demand for Nike Inc and Under Armour Inc products. Foot Locker's net income fell to $80 million, or 57...» Read More
Call them “sneakerheads” or “sneakaholics.” There's a growing number of designer athletic shoe junkies—who comb the Internet, camp out in the wee hours and pay hundreds of dollars for the most highly anticipated sneaker releases.
Whole Foods is recalling Crave Brothers Les Freres cheese after an outbreak of a bacterial infection that has sickened people in several states and killed at least one person.
Men's Wearhouse founder George Zimmer doesn't like this way this looks. The shareholder meeting was postponed because Zimmer, who was executive chariman, has been terminated.
Microsoft and Best Buy announced a deal where Microsoft will launch stores-within-stores at 600 Best Buy locations.
While the economic data show a recovery in place, it doesn't seem as if the message has gotten through to retailers serving lower- and middle-income consumers.
Small businesses are using their personality and personal touch to their advantage over the big guys with creative loyalty rewards programs, reports USA Today.
The sudden departure of Lululemon Athletica's CEO left analysts scratching their heads on Tuesday and prompted a wave of price target cuts and downgrades of the company's stock.
Lululemon said its CEO will step down. The news came a few months after the company had to recall one of its yoga pants for being too sheer. The company also beat on earnings.
Customer reviews influencing what retailers do more than ever before. The culprit: social media and the risks that negative comments can go viral quicker than ever before.
Attention, busy brides-to-be, you can now add wedding gown to your Target shopping carts since the discount retailer has become the the latest retailer to move into the increasingly crowded space.
Europe may be in the doghouse, while Wall Street is the cat who got the cream but come boost or bust, Asia's pet business is on the rise. CNBC's Sri Jegarajah investigates.
While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.
It's good to remember that some turnarounds have happy endings. For retailer Gap, the current outcome is a positive one as investors are again falling into the Gap.
Toronto Blue Jay pitcher J.A. Happ's skull fracture from a line drive to the head raises questions about protective gear for baseball. Here are some available products.
Major retailers like Wal-Mart, J.C. Penney, Gap, Nike and Target are feeling a new degree of pressure to re-assess global sourcing strategies. And that may prompt them to take some potentially costly steps.
Cooler than usual weather is taking a bite out of retail sales in the Northeast. The situation could impact first quarter margins – when retailers report quarterly earnings.
The AR-15's use in the mass shootings in Newtown and Aurora has thrust it into the national spotlight, but just the threat of a ban has been a boon to its sales.
Hip start-up Warby Parker debuted its flagship, eyeglass store in New York City's SoHo neighborhood. Do online retailers need brick-and-mortar stores?
Three more top executives at J.C. Penney have left the ailing retailer, the New York Post reported, following the ouster of Chief Executive Ron Johnson.
Following Lululemon's announcement that it expects a yoga pant shortage and a "significant impact" on its financial results due to a see-through pant recall, the stock posted its worst three-day loss since August.