retailers

Mancession Offers Insight Into Male Shopping Trends

Men have endured slightly higher unemployment rates than women, and as a result, they've been taking on more of the household shopping. The trend hasn't boded well for stores: On average, men spend less than women on each trip.

Spring Is in the Air for Retail M&A

Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors -- and each other.

Retailers Prepare for Rising Prices in a Down Economy

Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they have to focus on growing sales, regardless of the economic pressures.

How to Stitch Cotton Into Your Portfolio?

Among the questions investors now face: How much rally is left in cotton since skyrocketing 171% already in a year? Among the variables to consider are weather, demand and how much more land gets devoted to cotton. Analysts point to better and worse ways to play this commodity.

Retail Sales: November Stole the Show from December

U.S. shoppers piled up the presents under their Christmas trees, but retailers were still a bit disappointed by their holiday haul. The Commerce Department's official tally shows what many suspected: Consumers took care of most of their shopping in November this year.

December Sales Will Warm Merchants' Hearts

Shoppers didn't disappoint merchants, buying presents at both low- and high-end prices, from jewelry to shoes. Most analysts predict sales will show year-over-year increases of 3% to 4% on Thursday, when major chains post December figures and holiday totals.

Square Gets Valued at $200 Million: Is It the Next PayPal?

Square makes it much easier for even the smallest retailers to accept credit cards: The mobile payment firm offers easy to use hardware that plugs right into iPhones or Androids. But at least part of its new high price tag probably derives from the fact that its founder, Jack Dorsey, also co-founded Twitter.

Best Buy Settles Overcharging Charges

Electronics retailer Best Buy has agreed to pay $399,000 to settle allegations that it advertised lower prices on its website, then charged customers higher prices at some of its stores.

McDonald's Comparable Sales Rose 4.9% in November

McDonald%u2019s (MCD) said that sales at stores open at least one year rose 4.8% in November from a year earlier. Comparable sales rose 4.9% in Europe and the United States, and by 2.4% in the rest of the world, the company said in a statement.

Holiday Hiring Takes a Hit, Despite a Brighter Economy

Retailers and shipping companies are adding fewer new jobs than they did a year ago. One reason for the low number is that employers began shopping for seasonal workers earlier than usual, boosting hiring in October. If retail sales hold up, December could see more hiring.

Gap Test Drives Apple's iPhone Point-of-Sale System

I'm a big admirer of the sleek point-of-sale system that allows Apple Store employees to run credit card transactions on iPhones or iPod Touch devices. Now, Apple is going to offer its POS system to other retailers, a move that could create a multifaceted win for Apple's enterprise business.

Will Amazon's Stock Jump With Black Friday's Boost?

On Wall Street, the retail sales figures that count aren't absolute numbers. Investors act based on how those numbers compare to what was expected, and in the case of Black Friday Internet sales, reality beat the predictions. That's good news for Amazon.

Walmart Bids for 51% Stake in South African Retailer

Walmart made an offer for 51% of the shares in South African retailer Massmart Holdings for 148 rand per share ($20.75) per share. The offer represents a 19.2% premium over the 30-day weighted average price on Sept. 23, Wal-Mart staid in a statement. Sept. 23 was the final trading day before Wal-Mart announced its indicative offer.

Retailers Cut Corners to Avoid Apparel Price Hikes

Expect your T-shirts to get a little bit thinner next year -- and maybe even a little more expensive. Apparel retailers are looking high and low for ways to keep from passing on too much of their own rising costs to consumers. The trick: Doing it without compromising on quality.

Retailers Prepare for an Uninspiring 2011

As retailers wrapped up their third-quarter earnings reports this week, most merchants said they're back in cost-control mode and will tighten inventories after the holidays. With shoppers still spending cautiously and costs on the rise, profit growth will have to come from squeezing more juice out of slowly rising sales.

Inventories Rise 0.9%, Suggesting Stronger Growth Ahead

In a sign that holiday sales season will be better than initially expected, business inventories rose 0.9% in September as companies re-stocked their shelves for the nation's busiest shopping period. The increase also suggests that third-quarter U.S. GDP growth figures may be revised upward.

J.C. Penney Reports Third Quarter Earnings of 19 Cents Per Share

Department store operator J.C. Penney (JCP) reported third-quarter earnings of 19 cents per share, compared with 11 cents per share a year earlier. Net sales rose 0.2% to $4.2 billion, while sales at stores open at least on year gained 1.9%, J.C. Penney said in a statement. The discontinuation of the company's Big Book catalogs impacted net sales, the company said.

Walmart Will Join Auction to Buy Indonesia's Hypermart

The world's largest retailer, Walmart Stores, wants to get even larger: It has joined the bidding war for Indonesian retailer Matahari's hypermarket business, Hypermart, a deal that could be worth up to $1 billion, unnamed sources told Reuters on Thursday.

Shopping Kings: The Most Powerful People in Retail

Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here's a look at the leaders in the sector.