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October 12, 2008 10:49:32 AM CDT


Stories related to: retail

Stories

Stories 21 - 40 of 45

  • February 2008
    • States Look to Collect Tax on Internet Sales

      States Look to Collect Tax on Internet Sales

      (Newser) - As tax time draws near, more Americans may be stumbling upon an extra line on their state returns, Forbes reports. About half of state governments—including New York, Michigan, California, North Carolina, and Ohio—are trying to collect their fare share of sales taxes from Internet sales. Chances remain slim, though, that most buyers will admit—or pay—anything. More »

      Tags

      California   New York   Ohio   Michigan   North Carolina   retail   online retailers   state governments   income tax   state sales tax   sales tax

    • Retailers Bully Shoplifters for $$

      Retailers Bully Shoplifters for $$

      (Newser) - A system designed to compensate retailers for losses incurred by shoplifters has few controls to prevent the extortion or harassment, the Wall Street Journal reports. “Civil recovery” laws allow retailers to turn the names of suspected shoplifters over to collection agencies who demand fees of $200 or much more—even if merchandise was immediately returned to store shelves. More »

      Tags

      business   Wal-Mart   retail   Home Depot   Walgreens   National Retail Federation   shoplifting   collection agencies

  • January 2008
    • Retail Scores Big on Unused Gift Cards

      Retail Scores Big on Unused Gift Cards

      (Newser) - Retailers are likely rubbing their hands with glee after shoppers snapped up $97 billion in gift cards this year, up from $83 billion in 2006. Why the excitement? The industry makes billions each year from “breakage," or gift card money that is never spent. Lost, discarded, or under-used cards amounted to $7.8 billion in “free money” last year, the New York Times reports. More »

      Tags

      website   retail   holiday shopping   Maine   gifts   bills

  • December 2007
    • Designer Perfume Profits Give Off Whiff of Decay

      Designer Perfume Profits Give Off Whiff of Decay

      (Newser) - Perfume makers keep flooding the market with designer brands, but consumers appear to have had their fill. Global revenue from high-end perfumes—those $100 and up—increased only 3% to $18 billion in 2006 and is expected to slow even more this year, reports the Wall Street Journal. That's while sales for other luxury items are on the rise. "All the new perfumes resemble each other too much," says one consumer. More »

      Tags

      retail   perfume   Chanel   fragrance   scent

    • Retailers Slash Prices to Boost Slumping Season

      Retailers Slash Prices to Boost Slumping Season

      (Newser) - Retailers slashed prices nationwide this weekend in a bid to draw last-minute shoppers and lift a slumping holiday season, Bloomberg reports. Pressed by high gas and food prices, consumers are holding out for zero-hour deals; retailers have obliged with half-off sales and extra hours, counting on the last days before Christmas for 9% of season sales. More »

      Tags

      US economy   gas prices   food prices   retail sales   retail   consumer confidence   holiday shopping   consumer prices

    • Nov. Retail Sales Up 1.2%; Sky May Not Be Falling

      Nov. Retail Sales Up 1.2%; Sky May Not Be Falling

      (Newser) - November’s retail sales confounded doomsayers, surging 1.2%, twice the 0.6% analysts predicted, Bloomberg reports. Many had worried that consumer spending would take a hit as gas rose and housing fell, but now it looks like job and income growth could cushion the fall. “The numbers should help put to rest some of the fears of sliding into recession,” said one economist. More »

      Tags

      Federal Reserve   US economy   recession   Ben Bernanke   retail sales   consumer spending   retail

  • September 2007
    • America, as Defined by Wal-Mart

      America, as Defined by Wal-Mart

      (Newser) - Wal-Mart knows a lot about Americans, courtesy of the 208 million US consumers who shop there every year. ABC News takes a look at the superstore's sales figures and finds a portrait of the nation's changing face and taste. Some highlights: Boxers are tied with briefs; Ohio buys the most TVs; and the top-selling Wal-Mart item? Bananas. More »

      Tags

      Wal-Mart   retail   consumer   America   shopping   Americans

    • Stocks Rise as Traders Find Signs for Optimism

      Stocks Rise as Traders Find Signs for Optimism

      (Newser) - US stocks rose today, Bloomberg reports, boosted by news that back-to-school and luxury shopping outpaced forecasts, along with a spike in worker productivity and a slowdown in labor costs. The Dow climbed 57.88 to 13,363.35. The Nasdaq gained 8.37 to finish at 2,614.32, and the S&P rose 6.26 to 1,478.55. More »

      Tags

      stocks   retail   luxury goods   labor costs   consumer products   worker efficiency

    • Credit Crunch Doesn't Dampen Retail Numbers

      Credit Crunch Doesn't Dampen Retail Numbers

      (Newser) - Better-than-expected retail sales figures for August, which built on healthy back-to-school and luxury shopping, raised hopes today that turbulent markets won't take too big of a bite out of holiday-season sales. Wal-Mart and Target made out well, as did luxury emporiums such as Saks. "It bodes well for Christmas," one analyst tells MarketWatch. More »

      Tags

      credit crisis   credit market   retail sales   retail   luxury   back to school

  • August 2007
    • Court Stalls Whole Foods Merger

      Court Stalls Whole Foods Merger

      (Newser) - A federal court issued a temporary injunction yesterday preventing Whole Foods from buying Wild Oats—at least today. The three-judge panel wants extra time to consider the FTC's argument that combining the nation's two largest organic food retailers would destroy competition. The companies will file additional briefs by tomorrow, and the FTC will have a day to rebut. More »

      Tags

      food   acquisitions   retail   Whole Foods   FTC   Federal Trade Commission   Wild Oats

    • Inflation Softened in July

      Inflation Softened in July

      (Newser) - Consumer prices in the US in July rose at the slowest rate in eight months. The housing slump—and fuel costs—have weakened consumer spending considerably, forcing retailers to slash prices, Bloomberg reports.  Prices rose only rose 0.1% in July, as predicted by analysts. Yields of U.S. Treasury securities fell following the report. More »

      Tags

      Federal Reserve   US economy   housing market   inflation   consumer spending   retail   consumer prices

    • Weak Wal-Mart Profits Turn Smiles Upside-Down

      Weak Wal-Mart Profits Turn Smiles Upside-Down

      (Newser) - Wal-Mart stock saw its biggest dip in five years in early trading this morning, after Q2 profits rose less than analysts had expected. The Arkansas-based behemoth says full-year profit will total $3.13 a share, 3 cents lighter than its projections: Bloomberg reports that surging gas prices, faltering home sales and steepening mortgage rates kept customers out of the retailer's labyrinthine isles. More »

      Tags

      stock market   gas prices   Wal-Mart   stocks   retail   consumer   shares   spending   mortgage rates