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This holiday season, J.C. Penney CEO and Chairman Myron E. Ullman III is armed with a lineup of exclusive fashion brands he helped bring to the department store chain, and he's ready to battle key rivals like Macy's.
Deal-craving shoppers helped a trio of prominent U.S. retailers report Tuesday that their third quarter managed to improve this year.
Americans spent about the same amount in October as in August and September, according to figures released Thursday by a key data service, and they may be settling into new low-spending habits.
Wal-Mart Stores Inc., the world's largest retailer, reports its third-quarter earnings on Thursday before the market opens. The following is a summary of key developments and analyst opinion related to the period.
Robotic toy hamsters, the latest Barbie dolls and stylish boots are disappearing from store shelves as holiday shoppers start to get serious. But don't confuse this with the days of Tickle Me Elmo.
October's retail sales results, the best performance since April 2008, show that Americans are spending a little more. But will they be willing to pay full price this holiday season?
A preliminary report on consumer confidence is expected to hold steady in October compared with September, though the mood is still gloomy heading into the critical holiday season.
Some analysts expect Wal-Mart Stores Inc. may announce plans Wednesday at its analysts' meeting that it will accelerate U.S. store growth next year. Wall Street is also looking to hear details of more price-cutting strategies as it heads into the holiday season.
The apparel retailer Gap Inc. on Thursday announced plans to return to television advertising in November for its namesake brand, after a two-year hiatus, and said it will continue to expand internationally.
People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks. Even Pizza Hut's sales are slowing as consumers seek fast-food bargains.
After parents cut back on clothes and accessories for children this past fall, the retail industry suspects they won't be any more generous by the holidays.
Stores are turning back the clock, conjuring images of hearth and home as they stock their holiday merchandise.
The world of high fashion is coming down to earth a bit.
The Great Recession and Americans' retreat into thriftiness are teaching retailers a new lesson: How to survive when consumers are focused on "needs" rather than "wants."
To gauge consumers' strain, look no further than the rows and rows of plastic bags awaiting layaway payments at Kmart. They are filled with back-to-school basics — not just T-shirts and jeans but notebooks, magic markers and pencils.
Penny-pinching Americans are getting cold feet at the checkout — thinking twice about spending and ditching items before they're rung up.
Retailers that reported their second-quarter earnings Tuesday made big strides in profitability from a year ago by slashing inventory and other costs, but executives predicted shoppers will remain tightfisted.
It's still early, but analysts' grades already are coming in: the back-to-school shopping season is off to a lousy start.
Investors are looking for glimmers of economic hope in the everyday basics, from cereal to pens to cleaning supplies.
A move by Wal-Mart Stores Inc. to offer more and lower-priced laptops could give it an edge over key rival Best Buy Co. in the struggle for back-to-school electronics business.
The possible collapse of a key lender is sending panic through the retail industry, threatening to hang up deliveries of back-to-school clothing and other merchandise and throw holiday ordering into disarray.
Wal-Mart has big hopes for a new effort to develop eco-ratings for products it sells — one that goes far beyond its own stores.
The retail industry's largest trade group is rallying its members against the world's largest retailer, Wal-Mart Stores Inc., for supporting a federal mandate for employer-funded health insurance.
Retail sales advanced in June by the largest amount in five months, led by a surge in gasoline prices and a slight rebound in the battered auto sector.
Rain and escalating job worries dampened shoppers' appetite for summer staples like shorts and dresses more than expected in June, increasing concerns about the back-to-school shopping season.
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