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Sales increase 3.3% over a year earlier in a usually slow month. Notably, beleaguered Abercrombie & Fitch posts an 8% increase.

Wal-Mart Stores Inc. will cut about 11,200 jobs at Sam's Club warehouses as it turns over the task of in-store product demonstrations to an outside marketing company.

Foot Locker Inc. is cutting about 120 jobs and plans to have closed 117 stores by the end of this month as it looks to become a more efficient and competitive business.

U.S. retailers largely saw a strong finish to the 2009 holiday season even though sales fell at apparel chains and department stores in December, according to MasterCard Advisors' SpendingPulse.

The numbers are in. And they look good.

U.S. retailers performed better during the key holiday shopping season this year after a historically dismal 2008, performing in line with dampened expectations, according to data released on Monday.

Last month, Amazon’s Kindle broke sales records as it was once again a hot item to give this holiday season. When countless people turned on their new Christmas Kindles for the first time yesterday, what do you think was the first thing that they did? That’s right: they bought ebooks to fill up their Kindle hard drives. A lot of them.

The downward revision, to 2.2 percent growth from 2.8 percent, was partly because shoppers did not spend as much and construction was weaker than first thought.

Consumers spent more on gasoline and a wide range of other goods, data showed, raising hopes of a self-sustaining economic recovery.

We heard strong reports for online traffic Black Friday and Cyber Monday, but today, comScore added definitive spending numbers that indicate tha