Category Archives: Retail

‘Hillbillies” Elly May settlin’ suit over Barbie

By doris | Published: January 3, 2012

Full Story at msnbc.com The actress who played tomboy Elly May Clampett on 1960s television show “The Beverly Hillbillies” has settled her lawsuit against Mattel over a Barbie doll based on her character. Actress Donna Douglas, now 78, sued the toy company in May as well as the consumer products division of CBS Corp. seeking [...]

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‘Oh, I shouldn’t have’: Retailers make pitch for self-gifting

By doris | Published: November 24, 2011

Full Story at BottomLine.msn.com Last year Hyundai entertained — or annoyed — television viewers with advertisements featuring carol-singing hipsters. This year, the automaker is taking a different tack in early radio ads, urging listeners to “give yourself a gift” of a new Hyundai this holiday season. Retailers, struggling with sluggish consumer spending are pulling out [...]

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A not-so-jolly forecast for holiday shopping

By doris | Published: November 7, 2011

Full Story at BottomLine.msnbc.msn.com It looks like we’re headed into another not-so-jolly holiday shopping season. According to the latest Consumer Reports Holiday Shopping Poll out today, only a third of those surveyed expect to be happier this holiday season than last. “People remain fixated on finances: their own and that of the nation,” says Tod [...]

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Wal-Mart tests online grocery delivery in California

By doris | Published: April 24, 2011

Full Story at news.Yahoo.com CHICAGO (Reuters) – Wal-Mart Stores Inc has begun testing an online grocery delivery service in San Jose, California, a company spokesman said on Saturday. The world’s biggest retailer had been rumored to be considering dipping its toe into online grocery delivery for the past few years. The “Walmart To Go” test [...]

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Gasoline prices hold steady

By doris | Published: April 26, 2010

Full Story a tmoney.cnn.com ATLANTA (CNN) — U.S. retail gasoline prices remained nearly unchanged over the past two weeks as crude oil dipped and recovered during the same period, according to a new nationwide survey released Sunday. The average price of self-serve regular was a fraction of a cent under $2.85 a gallon on April [...]

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Durable goods orders drop 2.4%

By doris | Published: September 26, 2009

Full Story at money.cnn.com WASHINGTON (Reuters) — New orders for long-lasting U.S. manufactured goods fell unexpectedly in August, dropping by their biggest margin in seven months, following a plunge in commercial aircraft orders, the government reported Friday. The Commerce Department said durable goods orders tumbled 2.4%, the largest decline since January, after rising by a [...]

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Stores’ dismal December means prices should fall

By doris | Published: January 8, 2009

Flull Story At  Yahoo! News NEW YORK – Dismal sales figures for the holiday shopping season are probably a sign of worse to come for merchants in 2009 — not only more sharp discounts and cheaper groceries but probably fewer stores. Holiday spending was so anemic that even Wal-Mart didn’t escape unscathed: It posted a [...]

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Store bankruptcies can burn shoppers

By doris | Published: January 4, 2009

Full Stroy At msnbc.com The lackluster holiday season and deepening recession will take a toll on retailers around the country. Experts are predicting the worst rash of store closings in 35 years. Already, Circuit City is operating under bankruptcy protection. KB Toys, Linens ‘n Things and Mervyns all announced this year they’re going out of [...]

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Stores to ramp up closings and job cuts in early ’09

By doris | Published: December 28, 2008

Full Story At Reuters ATLANTA (Reuters) – Retailers can be expected to speed up a wave of store closures, restructurings and job cuts in the coming weeks, hoping to get a fresh start in early 2009 after more than a year of recession. Many store chains have waited for the holiday shopping season to end [...]

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For stores, a very un-merry holiday

By doris | Published: December 26, 2008

 Full Story At CNNMoney.com NEW YORK (CNNMoney.com) — The 2008 holiday sales season is one of the worst for retailers in decades, as consumers’ concerns about the economy and job losses crushed the typical year-end shopping exuberance. ‘I don’t see any reason for retailers to be rejoicing at all,” said Britt Beemer, chairman and founder [...]

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