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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: retail

retail stories: 97 news summaries

21 - 40 of 97 Stories | << Prev 1 2 3 4 5 Next >>

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(Newser) - A fundamental shift is going on in the consumer product world as retailers decide that less is more, the Wall Street Journal reports. Big national retailers are expected to slash selection by at least 15%, analysts say. Gone will be 30% of Kroger’s cereals, 20 of the 24... More »

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retail • consumer products • recession • Walgreens • retail stores • retailing • Wal-Mart • Kroger • retail sector

UPDATED

 Eddie Bauer Goes Bankrupt 

Formal announcement expected today

Jun 17, 09 1:36 PM CDT
(Newser) - Eddie Bauer filed for Chapter 11 bankruptcy today, the Wall Street Journal reports. The clothing retailer lost $44.5 million in the first quarter and has $187.9 million in long-term debt. Shares plummeted on rumors of the bankruptcy after it failed to convert part of that debt into equity... More »

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retail • bankruptcy • clothing • retail businesses • Eddie Bauer

 Retail Exodus 
 Speeds Detroit's Fall 

Retailers jump ship as recession, auto industry's collapse hit city hard

Jun 16, 09 5:32 AM CDT
(Newser) - The auto industry's woes have sped up the long decline of retail in Detroit, the Wall Street Journal reports. America's 11th-largest city now lacks a single outlet from any national grocery chain downtown. Starbucks has just four stores in the city of 900,000, and as of last week, Motor... More »

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retail • Detroit • recession • auto industry • retailers

 Recession, 
 Competition 
 Imperil Malls 

100 shopping centers could be 'dead' by year's end

May 22, 09 9:42 AM CDT
(Newser) - A half-century-old American standby is ailing as shopping malls around the country struggle to stay afloat, the Wall Street Journal reports. Same-store sales in shopping centers fell 6.5% in the year ending March 31, and the biggest mall operator has seen sales drop 7.3%. Some 100 malls could... More »

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retail • recession • mall • Target • Wal-Mart • big-box retailers

 UK Shop Ends 
 Bra-Size Discrimination  

Surcharge for large-chested women corrected after public uproar

May 8, 09 12:24 PM CDT
(Newser) - British retailer Marks & Spencer has agreed to standardize prices across bra sizes so bustier women won’t pay more for their undergarments, the BBC reports. The store ran advertisements in UK newspapers admitting it had “boobed” by adding an extra $3 for bras over DD size. It was... More »

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retail • United Kingdom • Facebook • sexism • Britain • breasts • underwear • bra • Marks & Spencer

OPINION

Old Days—Good and Bad—Are Back: Noonan

In slump, simple pleasures are chic as traditional values gain

Apr 17, 09 10:36 AM CDT
(Newser) - Reading about a Michigan family that shed modern excess in favor of a self-sufficient farm life didn't strike Peggy Noonan as shocking in these economic times. Her fellow New Yorkers have already begun responding to the same forces, causing Noonan to predict the rise of "a certain authenticity chic,... More »

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agriculture • retail • fashion • sustainable living • New York City • shopping • farming • recession • Botox • retail sales • economy

MARKETS

 Dow Drops 138 

Retail report also drives declines

Apr 14, 09 3:26 PM CDT
(Newser) - Stocks sank today on a 1.1% drop in retail sales for March, and losses deepened after both President Obama and Ben Bernanke gave speeches cautioning against undue economic optimism, the Wall Street Journal reports. Both acknowledged “tentative signs” of recovery but stressed the long road ahead. The Dow... More »

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Barack Obama • Ben Bernanke • retail • Dow Jones • Nasdaq • S&P 500

 March Retail Sales Show Surprise 1.1% Drop
 

Blow to hopes that economy has hit trough

Apr 14, 09 8:27 AM CDT
(AP) - Retail sales fell unexpectedly in March, delivering a setback to hopes that the economy's steep slide could be bottoming out. The Commerce Department cited a 1.1% drop, the biggest decline in 3 months and a much weaker showing than the 0.3% increase that analysts expected. Falling auto sales... More »

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retail • recession • retail sales • economy • wholesale prices

MARKETS

 Retailers Gain; Dow Climbs 48 

Investors overcome grim FOMC minutes

Apr 8, 09 3:28 PM CDT
(Newser) - Stocks posted gains today after dipping into the red after the release of minutes from the Fed open market committee’s March meeting, during which forecasts were lowered, the Wall Street Journal reports. Family Dollar Stores' strong earnings report encouraged investors, and the consumer and retail sectors saw broad advances.... More »

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retail • Dow Jones • earnings reports • Nasdaq • Federal Open Market Committee • Family Dollar • S&P 500 • FOMC

(Newser) - The recession has been kind to Wal-Mart, and it’s decided to share the wealth with the wage slaves. The mega-discounter will dole out about $2 billion in financial incentives to its hourly workers, Reuters reports, including $933.6 million in bonuses and $788.8 million in profit-sharing and 401(k)... More »

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retail • recession • bonuses • Wal-Mart • financial crisis

(Newser) - Retailers are fighting to survive in 2009, some more successfully than others. Some 73,000 stores could close their doors by year’s end. Forbes breaks down which chains are shrinking the fastest:
  • Ann Taylor: Catering to working women isn’t so great when unemployment’s at 8.1%.
... More »

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retail • consumer spending • retail sales • economy • retailers • financial crisis

 Wal-Mart Crushing Target 


Mar 14, 09 11:18 AM CDT
(Newser) - In theory, Target should be thriving in the recession because it's a discount retailer. In reality, it's in a funk, even as rival Wal-Mart flourishes, reports Time. The difference? Target is viewed as a place to buy nice clothes at nicer prices—and right now, nice clothes seem like a... More »

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retail • Target • Wal-Mart • retailers

Guess Who's Taking On
the Apple Store?

Microsoft hires Wal-Mart guru
for new retail effort

Feb 13, 09 12:25 PM CST
(Newser) - Microsoft has hired a former Wal-Mart exec to help the company open a chain of retail stores—a new strategy in its battle with Apple. The move is the latest sign of upheaval at Redmond, reports the Financial Times, and represents a change in approach. "To open their own... More »

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retail • Microsoft • Apple • Microsoft Windows • Xbox 360

MARKET Open

 Stocks Plunge Despite 
 Retail Surge 


Feb 12, 09 8:56 AM CST
(Newser) - Stocks plunged at the open this morning, despite a surprisingly good retail sales report, the Wall Street Journal reports. Retail sales unexpectedly rose 1% in January, ending a seven-month slide, but the Dow tumbled more than 150 points at the open anyway. The S&P shed 1.7% and... More »

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stock market • retail • Dow • retail sales • S&P 500

 Surprise! Retail  
 Sales Up 1% in Jan. 

Gas prices, food and clothing spending end 6-month drop

Feb 12, 09 8:42 AM CST
(Newser) - In an unexpected twist, US retail sales climbed slightly in January after falling for six straight months, Bloomberg reports. Retail sales rose 1% as gasoline prices increased and consumers spent more on food and clothing, despite forecasts that sales would fall 0.8%. But consumer spending is expected to fall... More »

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retail • consumer spending • retail sales • economy

Saks' Deep Price Cuts Changed All the Rules

Even high-end shoppers have gotten
a taste for bargains

Feb 9, 09 9:49 AM CST
(Newser) - When Saks Fifth Avenue slashed prices 70% in November to kickstart a stalled holiday shopping season, it changed the rules for the entire luxe market, reports the Wall Street Journal. Retailers like Neiman Marcus and Barney's followed suit, putting an end to the unwritten deal the stores had with... More »

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retail • recession • luxury goods • Saks • Jay-ZTV

MARKET Open

 Stocks Fall on Retail, Job Data 


Feb 5, 09 8:52 AM CST
(Newser) - Stocks slid at the open today, following yet more negative numbers from retailers and the Labor Department, the Wall Street Journal reports. The Dow dropped 52 points, while the S&P fell 1%. The Nasdaq dropped 1.2%, weighed down by sub-par earnings from Cisco. New jobless claims ripped... More »

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stock market • retail • unemployment • Nasdaq • Dow • retail sales • jobless claims • S&P 500 • Wal-Mart

MARKETS

 Retail Drives Dow Down 122 

Bank of America continues fall as government fix remains unclear

Feb 4, 09 3:15 PM CST
(Newser) - The stock market saw losses today as ugly earnings reports and continued uncertainty over the banking sector soured investor confidence, the Wall Street Journal reports. Bank of America, off 10.6%, was that sector’s big casualty; a grim forecast pushed Costco down 6.8%. The Dow fell 121.70... More »

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retail • Costco • Bank of America • Dow Jones • Nasdaq • S&P 500 • big-box retailers

Robots Begin Takeover
of Retail Warehouses

Enslave no one, but do increase efficiency

Jan 28, 09 1:48 PM CST
(Newser) - The age of robots is upon us. Or at least, you might think so if you walked into one of the dozen retail warehouses currently manned by Kiva System’s robotic workers. The bots, which look a bit like a giant orange toaster, zip autonomously around the warehouse, completing orders... More »

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retail • robots • robot

Circuit City Liquidation Sales Will Begin Tomorrow

Consumer-electronics chain has $1.3B in inventory to get rid of

Jan 16, 09 4:35 PM CST
(Newser) - Circuit City will begin the liquidation of $1.3 billion in inventory across 567 stores in special sales tomorrow, Reuters reports. The company hasn’t said anything specific on the discounts it might offer, but markdowns are likely to be deep. Gift cards from the chain will be redeemable at... More »

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retail • bankruptcy • credit crisis • consumer electronics • Best Buy • Circuit City • financial crisis

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