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Strike in India over big retail reforms
Sep 20, 2012
There is a huge strike going on this morning in India, as people protest against the government's decision to allow mega retailers like Walmart and Tesco into the country.
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Burberry profit warning signals luxury sales slide
Sep 11, 2012
Weeks of flat store sales at the high-end British clothier could be a sign that China's economic slowdown and Europe's debt crisis are ending a nearly three-year boom in demand for luxury goods.
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Poor Burberry earnings point to problems for luxury market
Sep 11, 2012
Shares of Burberry are down more than 18 percent this morning. The luxury retailer slashed profit forecasts and warned that the luxury goods market is headed for hard times.
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H&M moves away from some water-proofing chemicals
Sep 6, 2012
Chemicals that protect clothing from water or stains do so because they're tough -- so they stick around in the environment a long time. Apparel makers are looking for alternatives.
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Retailers sweeten layaway plans to lure buyers
Sep 4, 2012
Toys 'R' Us, Sears and Kmart cut fees or offer discounts for layaway plans to lure shoppers and avoid big holiday season markdowns.
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Why retailers are teaming up for mobile payment
Aug 16, 2012
Data on customers is a lot more valuable than mere sales.
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Major retailers team up for mobile payment plan
Aug 15, 2012
We've got news this morning that a group of major retailers, including Walmart, Target and 7-Eleven, are teaming up to create their own network for mobile payments. It's one more way for stores to draw you closer -- and get a jump on outsiders, like Google.
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Shoes are the heart of department stores
Aug 14, 2012
Macy's has opened the biggest shoe section in the world. Like other New York department stores, Macy's sees shoes as the hook for women shoppers.
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Retail sales move up, Groupon sputters
Aug 14, 2012
Retail sales were up 0.8 percent last month; the first uptick in four months.
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Retail sales up for first time in four months
Aug 14, 2012
Retail sales in the U.S. jumped by almost a percent last month. That was the first uptick in four months, as consumers spent their money on everything from cars to electronics.
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