U.S. Retailers Report Modest Bump in March Sales
Retailers report a key revenue figure rose slightly in March, as shoppers held back on spending because of the cold weather across the nation and economic worries.
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Walmart CEO Says "Fiscal Cliff" Affects U.S. Shoppers
A large portion of American consumers now know about the "fiscal cliff" and a sizeable number of them expect the debate over it to curb their holiday spending, according to the chief executive of Wal-Mart Stores.
How Red and Blue States Split on Green: We Spend Differently
Barack Obama may have said, "There are no red states or blue states, just the United States," but when it comes to our online shopping and bill-paying patterns, there are some notable divides in our habits.
How J.C. Penney Just Might Transform the Way We Shop
New CEO Ron Johnson's plan to revamp J.C. Penney is seriously ambitious. No more coupons, almost no more sales, and a complete rethink of the department store model. So why does he think he can pull it off -- and with a chain that has lagged its rivals? Because maybe he can. Here's why:
Mancession Offers Insight Into Male Shopping Trends
Men, who have endured slightly higher unemployment rates than women, have been taking on more of the household shopping, according to a recent report. The trend hasn't boded well for stores: On average, men spend less than women on each trip.
CEO's Corner: How Goodwill Forges On Amid Hard Times
'Tis the season to remember the less fortunate, and Jim Gibbons, CEO of Goodwill Industries, hopes his nonprofit will be on the receiving end as you make out your charitable giving list. With unemployment still hovering near 10%, his organization is serving more people than ever with aid, inexpensive goods and job training.
National Retailers Go Local to Boost the Bottom Line
Knowing customers' likes and dislikes is about as basic as it gets in retailing. But for years, national department stores got it wrong. More concerned with controlling costs, big retailers focused on sameness. Not anymore.
A Rising Note for Consumer Confidence
The nation's recovery may appear slow in coming, but consumers are more upbeat heading into 2010. The Conference Board's consumer confidence rose to 52.9 in December, up from a revised 50.6 last month. That's the second monthly rise in a row.
Retailers: More Customers Using Food Stamps
Retailers are adjusting to an increasing number of customers buying food with food stamps. Some stores have had to change they way to do business to accommodate shoppers on food stamps, who flood the stores on the first day of the month, when the benefits arrive.
