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
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.
It looks like winter is arriving just in time for "Super Saturday." The chilly temperatures are expected to give retail sales a jolt as shoppers get in the Christmas spirit.
“I want to highlight a retail comeback story,” said Cramer on Thursday’s broadcast, “one that’s definitely not getting the credit it deserves.”
What will the hot holiday toys be this year? Retailers such as Toys ‘R Us, Wal-Mart, Kmart, and Kohl’s have weighed in with their choices for this year's must-have toys.
Click ahead to see the vintage guitar with the deepest cred —and some of the highest prices paid by enthusiasts.
A company dubbed the "Walmart of Weed" is putting down roots in America's capital city, sprouting further debate on marijuana.
An options strategy on BBBY, with Mike Khouw, Cantor Fitzgerald.