retail sales

April Retail Sales Unexpectedly Rise

U.S. retail sales unexpectedly rose in April as households bought automobiles, building materials and a range of other goods, pointing to underlying strength in the economy.

5 Stocks to Watch This Week

With Apple, Ford, Nintendo, Zynga and Amazon getting ready to report, let's go over a few of the items that will help shape the week that lies ahead on Wall Street.

Walmart Internal Emails: Sales Figures a "Total Disaster"

Internal emails exchanged by Walmart executives discussing recent sales figures paint a grim picture of the situation at the world's largest retailer. Asks one executive: "Where are all the customers? And where's their money?"

U.S. Retail Sales Rose 0.5 Percent in December

U.S. consumers increased their spending at retail businesses in December, buying more autos, furniture and clothing. Steady job growth and lower gas prices kept consumers shopping for the holidays, despite worries about potentially tax increases.

Holiday Retail Sales Growth Weakest Since 2008

U.S. holiday retail sales this year grew at the weakest pace since 2008, when the nation was in a deep recession. In 2012, the shopping season was disrupted by bad weather and consumers' rising uncertainty about the economy.

Best Buy's Stock Price Falls to a Millennium Low

Best Buy shares were crushed on Tuesday after another disappointing quarter, hitting prices that the consumer electronics giant's investors hadn't seen since the 1990s. Here are some of the reasons why Best Buy has fallen to a millennium low -- and why things may get worse.

No Sale: J.C. Penney Reports Worse Than Expected Quarterly Loss

J.C. Penney reported a bigger-than-expected loss in the third quarter on plummeting sales as customers continue to reject its move get rid of blockbuster sales in favor of everyday low pricing. It's the third consecutive quarter of losses and steep sales declines.

Retail Sales Up 1.1% in September

Americans stepped up their spending at retail businesses in September, reflecting their growing confidence in the economy. Retail sales rose 1.1 percent last month, the Commerce Department said. That followed a 1.2 percent increase in August. Both were the largest gains since October 2010.

Gas Prices, Cars Push US Retail Sales Up 0.9%

U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending.

How Kohl's Plans to Lure You in for the Holidays

Kohl's CEO Kevin Mansell thinks he knows the holiday-season recipe that can pull his retail chain out of the slump it has been in lately. The key ingredients: rock bottom prices and more exclusive designer collections.

Wall Street this Week: Surprises in Store for Retailers

It's going to be a busy week for retailers as more than a dozen publicly traded chains offer up their latest quarterly financials. But regardless of how popular a diversion shopping is, don't assume that crowded malls are translating into blowout results for major retailers.

Clearance Sales Lured Shoppers to Boost Spending in July

Hot weather and clearance sales drew Americans into stores in July, giving retailers solid sales gains and helping offset worries about jobs and the economy. Three-quarters of retailers reporting results said they beat expectations.

'Weak' Retail Sales? Someone Forgot to Tell Shoppers

The media's response to recent retail sales numbers showing month-to-month declines has been to bemoan our faltering economy. But when you compare sales today to a year ago, things don't look grim at all. In some cases, in fact, they look downright fantastic.

3 Reasons Why Credit Card Surcharges Are an Empty Threat

Long-suffering businesses have won a big concession from Visa and MasterCard: the right to add surcharges to credit card purchases. But despite the panicky rhetoric that followed the deal, there's reason to believe not many retailers will take advantage.