Cyber Monday set for record sales of $11.2 billion as shoppers wait for discountsCyber Monday sales fell 1.4% last year as retailers spread out promotional deals across weeks from as early as October to better manage inv...
28 Nov, 2022, 05.30 PM IST
Asian shares join global rebound as Fed hike fears ease, China tech boostMSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% in early trading, the biggest gain in a week, buoyed by a 1.2% rebound...
27 May, 2022, 08.06 AM IST
S&P, Nasdaq end at record peaks on strong earningsBoth the S&P 500 and the Nasdaq eked out record closing highs after a topsy-turvy Thursday on Wall Street, as investors focused on upbeat r...
19 Nov, 2021, 08.03 AM IST
Resurgent virus cases cast shadow over Macy's holiday outlookMacy's Chief Executive Officer Jeff Gennette said in a statement the company was keeping an eye on a new wave of COVID-19 cases across the ...
19 Nov, 2020, 09.59 PM IST
Nike, Under Armour to close all US stores due to coronavirusUnder Armour will shutter all of its stores in North America from Monday for about two weeks, while Wisconsin-based apparel retailer Lands ...
16 Mar, 2020, 11.05 AM IST
Amazon one day shipping lifts startups serving WalmartRetailers are starting to realize that employing humans to trawl the aisles filling online orders isn’t efficient and are investing in soft...
08 May, 2019, 09.25 AM IST
Wanted: CEO for Walmart 'Stealth Company' that doesn't exist yetThe world’s largest retailer has posted an opening for a “CEO, Stealth Company” who would lead the latest startup housed inside its technol...
19 Jan, 2019, 11.47 AM IST
Expert Take: Invest and profit with the POTUS indexesRegardless of how you choose to allocate your assets, there is another way; a method that cannot fail in its brilliance and simplicity. Go ...
12 Jan, 2017, 10.09 AM IST
Amidst slump, Michael Kors, Prada cut back on innovative bag designsMacy's discounted almost 2,500 handbags last quarter, while both Neiman Marcus and Barney's New York marked down at least 900 items.
11 Jan, 2017, 03.32 PM IST
China’s Alipay pushes into Europe with Ingenico Payments DealIt promises to drive business to retailers, with a wallet app that lets some 450 million users pay, but also suggests stores, restaurants a...
18 Aug, 2016, 03.09 PM IST
Is Black Friday still a big deal for America?US consumers flocked to stores as the annual holiday shopping season commenced, with some finding they’d missed the best deals as stores op...
30 Nov, 2014, 06.52 AM IST
Americans are spending more on homes nowShannon Burke is typical of many American shoppers these days. She's pouring money into her home and cutting back on everything else.
27 Aug, 2013, 04.00 AM IST
- US Q4 economic growth may be fastest in 6 quarters: Analysts
The US economy may end 2011 growing at its fastest clip in 18 months as analysts increase their forecasts for the fourth quarter.
19 Nov, 2011, 05.12 PM IST
- US retail sales gain more than forecast
Sales at US retailers rose more than forecast in November as holiday shopping got under way, a sign consumers will play a bigger role in th...
15 Dec, 2010, 02.44 AM IST
- Oil up above $87 on signs of stronger US economy
Oil prices rose above $86 a barrel Friday in Asia after robust U.S. retail sales in March pointed to growing consumer demand in the world's...
09 Apr, 2010, 02.37 PM IST
- Macy's to cut 7,000 jobs, slash dividend
The Cincinnati-based department store chain also delivered bleak earnings and sales forecasts for the year.
03 Feb, 2009, 01.59 AM IST
- Martha Stewart CEO Lyne steps down
Susan Lyne, who rebuilt the Martha Stewart Living business in the aftermath of the namesake founder's legal woes, has stepped down as chief...
12 Jun, 2008, 04.49 AM IST