Shoppers will continue to spend more this year, spurred by a slowly improving job market and an uptick in income, but enough shoppers are still struggling with their finances that any increase will be modest, a retail industry expert said.
BB&T CEO Kelly King speaks to IBTimes about taking advantage of the financial crisis (because of its status as a healthy bank) and the difference between BB&T and national banks like Citigroup.
Toyota Motor U.S.A., Inc., today reported December sales results of 177,488 units, a decrease of 2.0 percent from the same period last year.
Dell’s new 7-inch tablet would have to show its worth among other 7-inch tablets that are already gaining a foothold in the tablet PC world. Dell Streak 7 has to face off with Samsung Galaxy Tab, BlackBerry Playbook, Archos 70, ViewSonic ViewPad 7 and OpenPeak’s Open Tablet 7.
Dell, known for its laptop and desktops, has launched a new Android 2.2-based touchscreen tablet computer Streak 7, expanding its mobility portfolio. The computer giant also showcased a new smartphone, the Venue.
Alcatel Lucent's ng Connect program is looking to reshape retail with LTE technology.
Shares of grocery retailer SuperValu (NYSE: SVU) have plunged almost 25 percent since mid-October amidst an increasingly difficult environment for food retailers.
Anyone thinking Americans might be back to their free-spending ways got a reality check on Thursday as many mainstream retailers reported disappointing December sales.
U.S. stocks opened flat in early trade on Thursday, following weaker-than-expected weekly jobless claims and December retail sales data.
Research firm comScore said online spending in the United States rose 12 percent to $32.6 billion for the entire November-December 2010 holiday shopping season, thanks to an exceptional Cyber Monday and the impact of free shipping.
Many top U.S. retailers missed Wall Street's expectations for December sales, hurt by a post-Christmas blizzard on the East Coast and shoppers returning to their cautious ways after flocking to stores after Thanksgiving.
Robert W. Baird recommended purchase of auto stocks. The brokerage's top ideas for auto stocks are: Gentex Corp. (GNTX) and Johnson Controls Inc. (JCI).
Several top U.S. retailers missed Wall Street's high expectations for December sales as a paralyzing post-Christmas blizzard on the East Coast slowed what had been a two-month shopping spree.
Lionsgate Entertainment, Paramount Pictures, Sony Pictures Entertainment, Twentieth Century Fox, Universal Pictures and Warner Bros. Entertainment Inc. to offer UltraViolet Content in 2011
We are starting to see retail investors wade back into equities, given that the allure of bonds has virtually dried up and the economic recovery seems to have some traction.
Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.
Amazon announced that its Kindle apps will now be available for Android and Windows based tablets as part of its Buy Once, Read Everywhere strategy.
The top pre-market NASDAQ stock market gainers are: Qiao Xing Universal Resources, Glu Mobile, Ku6 Media, NVIDIA, Microvision, and Atheros Communications. The top pre-market NASDAQ stock market losers are: Tekelec, Logitech International, ASML Holding, Siliconware Precision Industries, and Sinovac Biotech.
Retailers have not recouped all of the $1 billion in sales postponed by shoppers as they dug out from last month's East Coast blizzard, research firm ShopperTrak said on Wednesday.
Wirlesss carrier Sprint has unveiled a new 4G-enabled smartphone HTC Evo Shift priced at $149.99, which will be available starting Jan. 9.
Retailing giant Wal-Mart Stores (NYSE: WMT) may be seeking to establish a foothold in New York City, according to a report on the NY1 news station.
Retail gasoline demand fell 12.5 percent last week as Americans took days off work after the Christmas holiday, reducing commutes on the last week of the year, MasterCard Advisors' SpendingPulse report showed on Tuesday.