Altria is spinning off Phillip Morris International to focus sales efforts towards smokers outside of the U.S. Ashley Milne-Tyte reports tobacco companies light up at the prospect of marketing to 350 million smokers in China.
H&M, Europe's second-largest clothing store chain, enjoyed a healthy rise in profits in the first quarter. Megan Williams reports how the cheap dollar is helping the retailer and why growth will likely continue.
Sales of Easter-related goods are at about what they were last year, though there may be a boost for Spring clothing as parts of the country without fairer whether will still sell items at full price. Danielle Karson reports.
Reports from luxury retailers like Tiffany's are watched closely by analysts because they can signal how the overall economy is doing. Rachel Dornhelm reports current signs show the average consumer is cutting back.
Starbucks baristas in California have won $100 million in back tips from a class-action lawsuit forbidding supervisors to share lower-level employee gratuity. Dan Grech reports where baristas draw the rank lines.
Off-price retailers are set to release earnings reports next week, and they may be starting to feel the pinch of recession. Sally Herships reports analysts have high hopes, but even discount retail might suffer.
Competition from online retailers like Amazon have hurt Borders profits enough for the book chain to consider going up for sale. Janet Babin reports a hedge fund supporting the store might end up buying it later.
The drink "Black and Tan" traditionally blends Guinness with Bass, beers owned by two separate companies. But Guinness has recently been trying to change the formula to help their company sales. Ashley Milne-Tyte explains.