Several labels at big department stores like Saks Fifth Avenue and JC Penney are packing up and preparing to lay roots in new homes. Andrea Gardner explains why these brands are choosing to move down-market now.
The poor economy is dimming the lights on a number of Broadway productions as theaters struggle to fill seats. Meanwhile, the surviving shows are trying to carry on with smaller budgets. Andrea Gardner reports.
The latest housing statistics are out, and they're pretty dismal. The Standard & Poor's Case-Shiller housing index dropped 18 percent in October from a year ago, a record fall. It's the 27th month in a row the housing index has posted losses. Sarah Gardner reports.
Advertisers aren't expected to spend a lot in the forthcoming year, but with the money they do spend they hope to get consumers spending again. Andrea Gardner reports one approach is to use what worked in the presidential election.
The gifts are out of the boxes, and some of them will inevitably be on their way back to the mall. And retailers are preparing to see an increase in returned merchandise this year. Andrea Gardner reports.
In a survey conducted by Michaels craft store, nearly 60 percent of 1,000 respondents said they were more likely to make their own gifts this year. Andrea Gardner looks into the homemade trend that was popular this holiday.