Retailer | featured news

Retail sales fell for a second straight month in April, a disappointing performance that raised doubts about whether consumers were regaining their desire to shop. A rebound in consumer demand is a necessary ingredient for ending the recession.

A disappointing report on retail sales pushed stocks lower and boosted demand for Treasurys. Bank stocks kept falling.

Weak consumer spending continued in April, but some retailers posted sales gains, or slighter declines than in the past.

Although many retailers are reducing their online marketing budgets, spending on social media is falling at a slower rate than spending in other online marketing channels.

A Radio Shack employee faces disorderly conduct and battery charges for punching a customer. Police said the customer was trying to return an item Sunday, but the employee wouldn't let him. The customer then asked to talk to a manager.

To get nervous consumers to buy, companies are promising refunds, and sometimes more, in the event of a job loss.

At a time when most retailers are begging for customers, second-hand shops are thriving as the laid-off, and those worried they ...

LOS ANGELES (Reuters) - Department store chain Macy's Inc said on Tuesday it recorded an estimated pre-tax goodwill impairment charge of around $5.4 billion in 2008.

Amazon.com is shutting distribution centers in three states, and will lay off or transfer to other nearby facilities about 210 employees.

Building on what could be one of Wall Street's strongest monthly performances ever, the Dow soared 175 points and the Nasdaq Composite turned positive year-to-date Thursday thanks to big gains from tech stocks and retailers.