Sandeep Mathrani, the chief executive of Chicago- based General Growth Properties Inc, which owns and leases retail mall properties, said on his company's earnings call with analysts on Tuesday that Amazon had plans to open "300 to 400 bookstores." Amazon opened a bookstore in its home city of Seattle in November. Amazon's bookstore in Seattle carries books...» Read More
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.
Home Depot expects 3 percent growth in 2013, the same it saw in 2012 as economic growth remains steady, CEO Frank Blake told CNBC.
Despite poor weather and consumer spending headwinds, retail same-store sales gained momentum as February progressed. Still, one analyst sees a challenging environment.
CNBC's Courtney Reagan offers a preview of the retailers reporting quarterly earnings next week; and Liz Dunn, Macquarie Capital senior analyst, and Jan Kniffen, Worldwide Enterprises CEO, provide perspective.
Next week is the biggest one of the earnings season for the retailers. While each will have different nuances, and wrap up the key holiday quarter, Wall Street will be focused on the sales forecast for the current quarter.
After a morning filled with false starts and confusion, office supply retailers Office Depot and OfficeMax on Wednesday announced a deal approved by the boards of both companies.
Office supply retailers Office Max and Office Depot are near a merger that could be announced this week, according to people familiar with the matter.
Retailers say much of the demand for ammunition is from gun owners who are stockpiling in case certain weapons are banned.
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
Retailer J.C. Penney increased its borrowing capacity under a bank credit facility by $100 million to $1.85 billion and expanded an option to borrow more at a later date, raising concerns among analysts as it works on a turnaround.
Lululemon Athletica had a few missteps during the crucial holiday season but sees no reason to start discounting its athletic apparel, CEO Christine Day told CNBC.
Retailers should be buzzing right now with holiday gift card redemptions. But, there's early evidence retailers aren't getting much of a boost from gift cards this year, according to NBG Market Analyst Brian Sozzi.
The latest batch of retail sales reports shed light on who the retail winners are right now.
Christmas 2012 is now history but retailers are hoping that you aren't done with your holiday shopping quite yet. NBC News reports.
Sometimes, it pays to procrastinate. Millions still need to buy holiday gifts, and retailers have slashed prices to bring in last-minute shoppers.