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How credit card fee reform impacts consumers
Jeff Horwich Jul 16, 2012
This morning we've been looking at the impact of the largest antitrust class action settlement in U.S. history. The major credit card companies as well as the big banks have agreed to pay more than $7 billion to retailers for alleged collusion of credit card fees.
U.S. retail sales slipped again in June
Julia Coronado Jul 16, 2012
Reports from the Commerce Department show that retail sales are down for the third straight month. They slipped a half percent in June.
Mixed response from retailers over credit card settlement
Jeremy Hobson Jul 16, 2012
Major credit card companies -- Visa and Mastercard -- as well as big banks have agreed to pay more than $7 billion to retailers to compensate for alleged price fixing of credit card fees. Some retailers think the settlement does not go far enough to protect retailers and consumers.
Neiman Marcus and Target will sell the same thing
Kai Ryssdal Jul 10, 2012
The high-end and lower-end retailers team up to sell the same designer items at the same prices at both stores. Why? We ask innovative consultant, Debra Kaye.
Retailers report disappointing June sales data
Jeff Horwich Jul 5, 2012
Amidst glimpses of positive economic indicators, dismal consumer confidence continues as retail sales figures are down for chain stores in June.
Cosmetics for men a growing market
Jeff Horwich Jun 25, 2012
One of the fastest growing segments of the cosmetics market is actually products geared towards men. According to the research firm Mintel, sales of men's toiletries could hit $3.2 billion by 2016.
Lululemon shows limit of yoga market
Mitchell Hartman Jun 7, 2012
Although Lululemon's profits were up this quarter, the yoga market outlook is softening despite affluent devotees that are willing to pay high prices for the fitness activity.
American Apparel considers outsourcing overseas
David Brancaccio Jun 4, 2012
American Apparel's CEO says he's getting pressure from other executives and members of the board to make clothes cheaper overseas.
JCPenney adds sales, after dropping them
Sally Herships May 31, 2012
JCPenney unveiled a new pricing strategy in January that largely scrapped sales. One bad quarter later, discounts are creeping back in.
Memorial Day kicks off summer shopping
Shannon Mullen May 28, 2012
Retailers gear up for summer shopping season. With graduation, Mothers Day and Memorial Day, May is one of the biggest shopping months of the year.
