RETAIL

IBTimes Logo

Stock futures rise before Goldman results, retail sales

Stock index futures rose on Tuesday as investors bet that quarterly earnings from Goldman Sachs Group would kick off a strong reporting season for financial companies, offsetting caution over the looming release of June retail sales.
More news
IBTimes Logo

June rains, penny pinching dampen retail sales

Sales fell at many U.S. apparel retailers and warehouse club stores in June as the weak economy and cool, rainy weather dashed interest in summer shopping for consumers across the country.
IBTimes Logo

Bluetooth Big Brother tracks festival-goers

Researchers are using Bluetooth technology to observe the meanderings of tens of thousands of festival-goers at a top European rock festival, hoping their findings will launch a new generation of tracking devices.
IBTimes Logo

Carphone to sell Vodafone contracts again

British telecoms and retail group Carphone Warehouse will offer contracts from Vodafone from next week in its 820 stores, ending a three-year dispute, Vodafone said on Thursday, confirming media reports.
IBTimes Logo

Japan raps Citi for lax money laundering controls

Citigroup has been ordered by Japanese regulators to stop marketing financial products at its retail bank for a month, a slap that is unlikely to squeeze revenue but will further tarnish the U.S. bank's reputation in a key market.
IBTimes Logo

Wall St jumps on Bernanke relief

U.S. stocks rallied on Thursday on investors' relief that Federal Reserve Chairman Ben Bernanke was weathering a tough grilling in Congress relatively well.
IBTimes Logo

Rain, cool weather dampen U.S. June retail sales

Rain and cooler-than-usual weather so far in June may have dampened demand for summer items such as sandals, swimwear and beer for retailers already hard put to counter sales declines during the recession.
IBTimes Logo

Japan's 7-Eleven says may contest regulatory rebuke

Japan's largest convenience store chain, Seven-Eleven, said it may appeal a finding by the country's anti-monopolgy watchdog that it had illegally pressured franchise stores not to cut the prices of food items.
IBTimes Logo

U.S. malls' ills give independent stores an opening

The wave of bankruptcies that has eliminated dozens of U.S. retail chains could force landlords to rethink their traditional aversion to having small, independent retailers as tenants, a retail real estate expert said on Thursday.
IBTimes Logo

Retail sales, drop in jobless claims fuel hope

U.S. retail sales rose in May for the first time in three months and the number of workers filing new claims for jobless benefits last week hit a January low, fostering hope the recession was abating.
IBTimes Logo

Retail sales in May rise for first time in 3 months

U.S. retail sales rose in May for the first time since January, according to a government report showing results which represent the ‘complete universe’ of over three million retail and food services firms nationwide.
IBTimes Logo

Gasoline boosts retail sales

Sales at U.S. retailers rose in May and the number of workers filing new applications for jobless benefits fell for a fourth straight week last week, according to official data on Thursday that suggested the recession was abating.
IBTimes Logo

Gasoline sales boost U.S. retail sales

Sales at U.S. retailers rose for the first time in three months in May as expected, lifted by strong gasoline and building material receipts, according to a government report on Thursday that bolstered views the recession was abating.
IBTimes Logo

Gasoline boosts U.S. retail sales

Sales at U.S. retailers rose for the first time in three months in May as expected, lifted by strong gasoline and building material receipts, according to a government report on Thursday that bolstered views the recession was abating.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.