The National Retail Federation reported a jump in May sales, meaning people are using those stimulus checks. But can we keep the spending up? Nancy Marshall Genzer has the story.
Retailer Gap Inc. plans to consolidate its various specialty stores into its main stores to save on real estate costs and unite its brand. Janet Babin reports.
Grocery stores and restaurants are rushing to remove tomatoes as salmonella fears spread and regulators try to figure out where the bacteria came from and how to stop it. Janet Babin reports.
Verizon Wireless and its British partner, Vodafone, are bidding to become the number one cell phone operator in the U.S. Talks are underway to take over Alltel for nearly $30 billion. Stephen Beard has more.
Bad news in the housing market means a bad quarter for the sale of home accessories at Williams-Sonoma and even the summer wedding season may fail to stop the bleeding. Stacey Vanek-Smith reports.
The price of beef and buns keeps rising, but McDonald's wants to keep items like the double cheeseburger on the Dollar Menu. Dan Grech reports franchisees will absorb costs — and they may not be happy about it.
Christian Dior is making some high-profile apologies to China after actress Sharon Stone made comments about the earthquake in Sichuan. Stephen Beard reports why the red-carpet gaffe is causing red faces.
Barbie is taking major doll rivals Bratz to court on claims that the Bratz's creator was working for Mattel when he drew up the idea. Stacey Vanek-Smith reports no matter who wins, both companies are struggling.
When Mickey D's announced it was introducing specialty coffees, observers forecast it would suck up a good portion of the market. But the fast-food chain's coffee sales haven't gotten the caffeinated jolt many expected. Jeff Tyler reports.
Gap reported sales were down for the 15th straight quarter, but profits are up 40 percent. Janet Babin reports why the company made money, why it's bleeding customers and what it could do to turn things around.
