Retail

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J.C. Penney tries to freshen up with 'Joe Fresh'

Mar 14, 2013
J.C. Penney seriously needs to catch a break right now. Shoppers were scared off when the chain eliminated big sales in favor of everyday low prices. Now, Penney's will open 681 'Joe Fresh' shops inside their main stores.
Posted In: JC Penney, Retail, clothing

In February retail sales bump, wealth effect trumps payroll tax

Mar 13, 2013
Retail sales ticked up by 1.1 percent last month according to the Commerce Department. The growth was better than expected, despite higher gas prices and the payroll tax increase that went into effect at the beginning of the year.
Posted In: Retail, retail sales, payroll tax

Zara-owner Inditex translates fast-fashion into big profits

Mar 13, 2013
The Spanish company Inditex, which owns Zara among other chain stores, has just unveiled an impressive set of figures: a 22 percent jump in profits.
Posted In: Retail, fashion, clothing, spain

Housing revives, and so do home improvement chains

Mar 7, 2013
As home prices rise, more owners are preparing housing for sale -- and construction companies and building supply chains are hiring again.
Posted In: housing market, Mortgages, Home Depot, Retail

Martha Stewart, Macy's & the meaning of 'store'

Mar 6, 2013
The court battle pitting Macy’s against J.C. Penney and Martha Stewart turns a simple idea -- a store -- into a legal and philosophical quagmire.
Posted In: Retail, JC Penney, Macy's, Martha Stewart

Groupon: Not even the founder and CEO's job is safe

Mar 1, 2013
Groupon's board of directors fired company's founder and CEO, Andrew Mason, yesterday. But Mason is not the first founder and CEO to get the axe.
Posted In: groupon, ceo, Retail, apple, Yahoo

J.C. Penney sales plunge amid 'bumpy transition'

Feb 28, 2013
J.C. Penney had another tough quarter. Sales were down 28 percent -- more than half a billion dollars.
Posted In: JC Penney, Retail, discount

Can Groupon revive the daily deal and itself?

Feb 27, 2013
As the company reports fourth quarter earnings, its new business model will be in the spotlight.
Posted In: groupon, Retail, coupons

As gas prices rise, consumers take their foot off the pedal

Feb 22, 2013
The average price of a gallon of regular unleaded gasoline is up to $3.78, according to AAA’s Daily Fuel Gauge Report.
Posted In: gas, gas prices, consumer behavior, Retail

Walmart's worries: Payroll tax, gas prices

Feb 21, 2013
Walmart, Safeway and other grocers face more than higher payroll taxes. High gas prices could crimp shoppers, but job growth could help.
Posted In: Walmart, Retail, sequester

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