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
Terrified, and satisfied, customers at Halloween Horror Nights in Singapore are the result of up to a year of hard work.
Oct 29- Chinese footwear retailer C.banner International Holdings said on Thursday it would buy iconic British toy store chain Hamleys for 100 million pounds in cash. Hamleys, most famous for its 134- year-old flagship store on Regent Street in London, offers quintessentially British toys such as Beefeater Bear dolls and miniature London taxi cabs.
Oct 26- Japanese tire maker Bridgestone Corp said it would buy auto parts retailer Pep Boys-Manny, Moe& Jack for $835 million in cash to expand its presence in the United States. The $15- per-share deal represents a premium of 23.5 percent to Pep Boys' Friday closing price of $12.15. The deal would expand Bridgestone Retail Operations LLC's network by more than 35...
Oct 22- Sports footwear retailer Skechers USA Inc reported lower-than-expected rise in quarterly comparable sales and revenue, sending its shares down 35 percent after market. Revenue rose 27 percent to $856.2 million in the third quarter ended Sept. 30, but missed the average analyst estimate of $876.5 million, according to Thomson Reuters I/B/E/S.
CHICAGO, Oct 16- U.S. holiday sales are expected to rise a modest 2.8 percent in 2015, as a sluggish economic recovery is likely to weigh on consumer spending, analytics firm RetailNext said on Friday. The company, which tracks large U.S. retailers and specialty stores, also expects foot traffic to drop 8.1 percent during November and December from a year ago.
CNBC returns to visit a California organic farmer whose dream to grow special pumpkins is bearing fruit, and weirdness.
Japan's retail sector outperformed after fresh data showed Japan's household spending rose in August for the first time in three months and that job availability improved to its best in more than two decades. ABC Mart shares climbed 2.8 percent after the Nikkei business daily reported the shoe retailer likely booked a record first-half operating profit of...
Health care is often at the top of the list of industries seen benefiting from Americans living longer, but there are other options.
Mike Khouw outlines a bearish bet in the options market by which one trader spent $2 million that Gap would fall near a 52-week low in a month.
Alex Craig is auctioning off Potato Parcel, a website that ships potatoes around the country.
The iPhone 6S' and 6S Plus' revamped hardware reportedly supports 12-megapixel images and 4K video, with a front-facing flash.
Tiffany & Co. posted quarter results that missed expectations Thursday, pushing shares of the jewelry retailer lower in premarket trading.
Beginning Sept. 4, the Apple Watch will be sold in more than 900 stores, and by the end of September it will be in all 1,050 locations.
Best Buy delivered quarterly earnings and revenue that topped analysts' expectations on Tuesday.
This ensemble is on track to be named the most controversial Halloween costume of 2015.
A video made by a mother in Guam purports to show glass in its baby wipes and has caught attention online. NBC News reports.
While the Dow is down for the week, some stocks, particularly in the jewelry sector, have remained positive.
The drugstore is expanding to accept Apple Pay and Google Wallet Saturday after slashing support last year. Re/code reports.
July 29- Whole Foods Market Inc on Wednesday said same-store sales growth cooled again in the third quarter, hurt by competition and an overcharging scandal in its New York City stores, and its shares tumbled 11 percent in after-hours trade. The rapid deceleration is troubling for investors, who have wondered how long Whole Foods could maintain its grip on the...
July 16- Shares of U.S. deep discount retailer Ollie's Bargain Outlet Holdings Inc, known for the catch phrase "good stuff cheap," rose as much as 43.7 percent in their debut, valuing the company at up to $1.31 billion. The stock was priced at $16 per share, above the top end of the expected price range of $13- $15. Private equity firm CCMP Capital Advisors LLC holds about 61...