Best Buy has purchased a $2 billion stake in British retailer Carphone Warehouse. The two companies plan to open electronic superstores across Europe. This will be a first. From London, Stephen Beard has more.
In Garland, Texas, today, Wal-Mart opened its first superstore targeted to Hispanic customers. Wal-Mart wanted to meet the need of the surrounding community. It's stocked with tortillas, Spanish movies and games. Stacey Vanek-Smith reports.
A federal appeals court has told Tyson Foods, the country's biggest chicken producer, to stop an advertising campaign that claims its birds are free of antibiotics -- because they're not. Lisa Napoli reports.
The price of rice is three times what it was a year ago, and that means tough choices for restaurants that serve rice. Ashley Milne-Tyte talks to restaurant owners, including one who owns four eateries named "Rice."
The U.S. economic slowdown is affecting even Avon's bottom line. So the cosmetic company is assembling a door-to-door sales force throughout the U.K. Avon also enlisted actress Reese Witherspoon for an ad campaign. Bob Moon has more.
Luxury brands usually don't suffer much when the economy tanks. But Gucci is struggling and making a big shift to cheaper down-market goods. Meanwhile, Louis Vuitton is growing like gangbusters. Jill Barshay reports.
Target says it's had to write off a chunk of its outstanding credit-card debt. It's bad news for one of the country's biggest retailers, and worse for card holders who are discovering they can't pay what they owe. Jeff Tyler reports.