J.C. Penney is Done Apologizing; Now, It Wants to Thank You
Just weeks after launching an ad campaign apologizing for alienating its customers, J.C. Penney has stopped running its big apology commercial and pulled it from the Internet.
Just weeks after launching an ad campaign apologizing for alienating its customers, J.C. Penney has stopped running its big apology commercial and pulled it from the Internet.
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.
Americans spent more during the early spring months in the latest sign that they're encouraged by the economic recovery.
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.
U.S. retail sales contracted in March for the second time in three months, a sign the American economy may have stumbled at the end of the first quarter.
Rite Aid, Ross Stores and other retailers surged Thursday after turning in better sales, and major stock market indexes rose for a fourth day straight.
Family Dollar reports weaker-than-expected quarterly profits, saying a delay in tax refunds hurt sales at the end of January and early February.
Many of the U.S. economy's vital signs have recovered from the damage done by the Great Recession, but some measures have a way yet to go.
Stores across the country are ditching cash registers and having salespeople -- and even shoppers themselves -- ring up sales on smartphones and tablet computers.
Tiffany's quarterly net income rose less than 1 percent, but still beat Wall Street predictions as strong demand in Asia for its goods offset weakness in the U.S.
From Fedex reporting earnings to BlackBerry finally bringing the Z10 smartphone to America, there will be plenty happening to move the markets in the week ahead.
Americans spent at the fastest pace in five months in February, boosting retail spending 1.1 percent compared with January, despite a rise in Social Security taxes.
Bloomberg got its hands on some internal emails exchanged by Walmart executives discussing recent sales figures, and they 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?"
Following a so-so holiday season, retailers are keeping their heavy discounting going in January. And it's not just the usual winter apparel deals: The deep price cuts are hitting everything from socks to designer clothing to consumer electronics.
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.














