NEW YORK (AP) — With even super affluent shoppers tightening their Gucci belts, luxury retailer Neiman Marcus Group Inc. unveiled its Christmas Book on Tuesday with a nod to this new frugality.Read More
The recession steered a new type of customer to Walmart — deeper in the pockets and suddenly looking for bargains. Now the world's largest retailer has to figure out how to keep that customer when the economy recovers.So Walmart is bringing in more...Read More
NEW YORK (AP) — When Melissa Garcia was frustrated by Old Navy's scanty coupon offerings, she didn't just complain to the store. She vented on a message board tied to her blog consumerqueen.com, which is read by at least 30,000 people each month and...Read More
NEW YORK (AP) - The rich are tightening their belts, too. Even if it's still a Gucci. Faced with the sharpest decline in net worth in nearly 50 years, wealthy Americans are re-evaluating their priorities and slashing their spending at a rate unseen in dec...Read More
NEW YORK (AP) - Many retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as Americans focused on buying essentials amid worries about high gas and food prices.Read More
NEW YORK (AP) - In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to dinnerware. But those fat discounts will likely come at a big cost for the companies.At teen retailer American Eagle Outfitters...Read More
NEW YORK (AP) — Barnes & Noble Inc. appears to be getting more serious about buying chief rival Borders Group Inc., confirming Thursday that it put together a management team to study the "feasibility" of a combination. The disclosure...Read More
NEW YORK - With its reputation bruised by the second major recall of Chinese-made toys tainted with lead paint in a matter of two weeks, Mattel Inc. on Tuesday defended the measures it has taken to ensure the safety of its toys. "I am disappointed in...Read More
NEW YORK - With its reputation bruised by the second major recall of Chinese-made toys tainted with lead paint in a matter of two weeks, Mattel Inc. on Tuesday defended the measures it has taken to ensure the safety of its toys. "I am disappointed in...Read More