A handful of U.S. retailers, including Costco Wholesale Corp and Limited Brands Inc , beat Wall Street's expectations for January sales, but analysts are not so optimistic about department store chains and apparel chains that have yet to report on Thursday.
The world's largest online retailer Amazon.com Inc entered India on Thursday with the launch of its shopping website junglee.com, in a major boost to the country's fast-growing e-commerce market.
Wall Street's own watchdog filed a complaint against Charles Schwab Corp on Wednesday accusing the online brokerage of requiring customers to waive their rights to pursue class actions against the firm, a violation of industry rules.
Employers hired fewer workers in January than they did in December, showing companies and banks that lend to them remain concerned U.S. economic growth will cool after expanding rapidly in the fourth quarter of 2011, according to a survey of economists.
JC Penney's new Chief Executive Ron Johnson thinks shoppers have dropped the coupon-hounding, sale-chasing era when department stores reigned. Retail territory has been ceded to bargain sellers such as Walmart and Target. The former Apple retail executive offered a much-hyped solution last week, mixing branding, a new pricing structure and a buoyant ethos.
In an e-mail reply to a fan, Apple CEO Tim Cook said that the company's newest hire, senior VP of retail John Browett, was the best by far among the candidates eligible for the position.
Amazon.com Inc's shares slid 12 percent in early trade on fears that heavy spending would hurt the retailer's profits even as revenue growth falls short of Wall Street expectations.
Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion.
Pfizer Inc. announced on Tuesday that it will recall at least one million birth control pill packets in the U.S. because they don't prevent pregnancy, the company reported. Here is a full list of the birth control pills affected by the Pfizer recall.
World's largest pharmaceutical company, Pfizer, recalled over 1 million packs of its birth control pills in the United States after they discovered a packaging error, possibly putting women at the risk of unintended pregnancies.
Bookseller Barnes & Noble has announced that the chain will stop selling books in its stores published by Amazon.com.
Amazon.com warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profits, a sign that the online retailer is continuing to spend heavily on expansion and new ventures at the expense of shorter-term profits.
Apple Inc. just can't lose. After becoming one of the most valuable companies in the world (the market cap is currently at $425.61 billion), Apple followed up by becoming the top PC maker in the world. The achievement is a testament to the company's ability to sell innovative products and to its rabid fan base. Whether Apple is able to remain the top PC maker remains largely dependent on new senior vice president of retail operations John Browett's ability to keep sales strong.
Last week, GDS Architects won a competition to design a tower in Incheon, South Korea. The crystalline structure is design to disapear through optical technology, the architects said.
Chrysler is profiting from strong Jeep sales and automakers are expected today to announce healthy year-over-year January sales increases in the U.S., with only General Motors Corp. trailing the pack.
Apple updated its professional video editing software offering Final Cut Pro X, injecting the platform with significant improvements to enhance the editing experience.
Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion.
Italian luxury shoemaker Salvatore Ferragamo is close to agreeing a deal to pay a record UK rent at its Bond Street store that will break the 1,000 pounds per square foot mark for the first time.
Mobile retail app Shopkick on Tuesday, announced it's software drove over $100 million worth of in-store purchases last year.
According to company chiefs, consumers armed with Shopkick enabled smartphones spent $110 million at participating retailers over the last 12 months, the location based app's first full year of operation.
Apple Inc is hiring Dixons Chief Executive Officer John Browett, who drove a recent turnaround at the British electronics retailer, to lead the iPad maker's retail expansion.
Apple has selected John Browett to be the company's new senior vice president of retail, replacing Ron Johnson, who left Apple in June 2011 to become CEO of J.C. Penney. So who is Apple's new retail head?
Apple, which lost its retail chief to J.C. Penney last year, hired the CEO of Britain’s top electronics chain to replace him and push an international expansion.
