Apr 9, 2013
Ron Johnson's ousting as CEO of JC Penney ends his bid to break retail's cycle of marking products up just to mark them down in sales. Shoppers rejected Johnson's strategy of keeping low prices instead of discounting.
Apr 9, 2013
J.C. Penney CEO Ron Johnson has been given the boot after just 17 months as head of the struggling department store chain.
Mar 27, 2013
The toy industry has gradually made inroads on Easter, one of the least commercial holidays. But Santa Claus shouldn't feel threatened quite yet.
Mar 26, 2013
Apple has just acquired an indoor mapping company. How will indoor mapping be used and should we be concerned about our privacy?
Mar 21, 2013
The CIA has reportedly recruited Amazon to develop a private cloud for American intelligence gathering. So is there any sector Amazon isn't involved in these days?
Mar 20, 2013
The fashion market for fake fur has grown so fast that some suppliers are meeting the demand with real fur. Retailers as large as Nieman Marcus have been caught up in the faux faux fur kerfuffle.
Mar 19, 2013
Lululemon shares were down this morning after the yoga-apparel maker announced yesterday that some of its pants are see-through due to a supplier mistake.
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.
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.