Editorial Results (free)
1. Wal-Mart Third-Quarter Profit Up, But Cuts Outlook
- Friday, November 15, 2013
NEW YORK (AP) – Wal-Mart shoppers – much like many Americans – still feel like they're in a recession.
In the uneven economic recovery, their bills are going up, but their wages are not. While the well-heeled crowd benefits from gains in the stock market, Wal-Mart shoppers are still struggling with a higher payroll tax. And shopping for bargains isn't a hobby, but a necessity.
2. Hudson's Bay Buying Saks for About $2.4 Billion
- Tuesday, July 30, 2013
NEW YORK (AP) – Don't let the global economy fool you: Luxury is hardly dead.
Saks Inc. agreed to sell itself to Hudson's Bay Co., the Canadian parent of upscale retailer Lord & Taylor, for about $2.4 billion in a deal that will bring luxury to more North American locales.
3. Retailers Report Slowing Sales Gains for February
- Friday, March 08, 2013
NEW YORK (AP) – Americans cut back on spending in February as cold weather and economic challenges chilled their appetite for spring merchandise.
The nation's retailers on Thursday reported that sales slowed in February, a time when most stores get rid of winter merchandise and bring in swimsuits, ankle length pants and other spring fashions.
4. Flex Your Company’s Brand Muscle
- Wednesday, January 23, 2013
When you break it down to the simplest definition, a brand can be defined by how others see your product, service, and organization. Branding is a sum of perceptions. How well your organization manages the perceptions defines the brand.
5. Retailers Report Higher December Sales
- Friday, January 04, 2013
NEW YORK (AP) – A last-minute surge in spending seems to have saved the holiday shopping season.
Major retailers including Costco, Gap and Nordstrom on Thursday reported better-than-expected revenue in December. That comes as a relief for stores, which can make up to 40 percent of their annual revenue in the last two months of the year.
6. US Economic Recovery is Weakest Since World War II
- Thursday, August 16, 2012
WASHINGTON (AP) – The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression.
Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, the one that began in June 2009 is the weakest.
7. Pinterest Piques Retailer Interest
- Wednesday, August 08, 2012
Editor’s Note: This is the first in a two-part series. With photo-sharing tool Instagram off the market – selling to Facebook earlier this year for a billion dollars – Pinterest is now the hottest social media startup in Silicon Valley due to its rapid growth as the fastest social media platform ever to gain 10 million unique users. Today, Pinterest boasts 17 million accounts, up from 5,000 in the fall of 2010, making it the third-largest social network after Facebook and Twitter, according to Forbes.
8. Fred’s, Other Retailers Report Tepid Sales
- Friday, July 06, 2012
NEW YORK (AP) – Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in tepid sales for many retailers, including Memphis-based Fred’s Inc.
9. Will Shoppers' Increased Spending in May Last?
- Friday, June 01, 2012
NEW YORK (AP) – Americans loosened their purse strings in May, but it may have been a temporary splurge.
Some major retailers such as Target and Macy's on Thursday posted sales increases that beat Wall Street estimates as shoppers were lured in by Mother's Day promotions and colorful new styles of clothing. The gains follow a dismal showing from the month before
10. Retailers Report Positive March Sales
- Friday, April 06, 2012
NEW YORK (AP) – Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.
11. Retailers Report Solid Finale to Holidays
- Friday, January 06, 2012
NEW YORK (AP) – Many retailers are reporting solid sales gains for December, capping a decent holiday season, but shoppers bent on discounts exacted a high price.
Merchants had to mark down coats and other gifts to get shoppers to buy in a challenging economy. A mild winter also didn't help, wilting shoppers' appetite for cold-weather merchandise. That resulted in a string of retailers, including Target Corp., Kohl's Corp., J.C. Penney Co. and The Children's Place Retail Stores Inc., reducing their earnings outlooks.
12. Groupon's Fall to Earth Swifter Than its Fast Rise
- Monday, October 24, 2011
NEW YORK (AP) – Only a few months ago, Groupon was the Internet's next great thing. Business media christened it the fastest growing company ever. Copycats proliferated. And investors salivated over the prospect of Groupon going public.
13. Retailers Report Solid Gains for September
- Friday, October 07, 2011
NEW YORK (AP) – September offered the latest sign that Americans will shop, but only when they think they're getting a deal.
The International Council of Shopping Centers said Thursday that revenue rose 5.5 percent in September, with several retailers including Target, Limited Brands and Kohl's posting strong gains as consumers snagged discounted merchandise.
14. Economy Shows Signs of Moving Past August Shocks
- Friday, September 02, 2011
WASHINGTON (AP) – U.S. consumers and businesses are not so worried that the economy is about to tumble into a recession after all.
Manufacturing grew a little slower in August than the previous month, but it didn't contract as some had feared. Shoppers spent more at retail stores during the crucial back-to-school season. And fewer people applied for unemployment benefits last week, a sign that layoffs have slowed.
15. Retailers Post Strong June Sales
- Friday, July 08, 2011
NEW YORK (AP) – Colossal discounts enticed consumers to shop like it was 1999 last month. But higher prices ahead could cause the party to end soon.
Warm weather and discounts of up to 80 percent on summer merchandise helped retailers deliver the best revenue gains since June 1999 in what's typically the second-biggest shopping month of the year. But pressure on stores to pass along higher costs for everything from clothing and handbags to food has raised concerns that the momentum may not continue heading into the busy back-to-school shopping season.
16. Stores Find Success by Focusing on the Hunt
- Wednesday, July 06, 2011
Trader Joe's, the specialty grocery chain, might not have the cheapest toilet paper or the most varieties of ketchup, but it hooks customers with mango butter, chocolate-covered pomegranate seeds and cilantro-and-jalapeno hummus.
17. Pinched by Gas, Shoppers Pull Back Elsewhere
- Friday, June 03, 2011
NEW YORK (AP) – Shoppers are showing signs of pulling back on spending on discretionary items like clothing and home goods as gasoline and groceries eat up more of their paychecks.
Those pressures led many retailers on Thursday to report only modest revenue increases in May, the latest sign of the economy hitting a soft patch.
18. Deal Sites Appeal to Shoppers and Businesses Alike
- Tuesday, May 24, 2011
Groupon is adding 150 employees a month at its U.S. headquarters and trains them in a church because the conference rooms at its headquarters aren't big enough. Ideeli has crammed so much electronic equipment into its New York office that the power goes out every day.
19. Rich Spend, Others Scrimp, Retail Reports Show
- Friday, May 20, 2011
NEW YORK (AP) – High gas prices are driving a wider wedge between the wealthy and everybody else.
The rich are back to pre-recession-style splurging: Saks Fifth Avenue and Nordstrom customers are treating themselves to luxury items like $5,000 Hermes handbags and $700 Jimmy Choo shoes, and they're paying full price.
20. Retailers Post Strong April but Fret Over Future
- Friday, May 06, 2011
NEW YORK (AP) – Retailers reported surging April revenue helped by a late Easter, extending strong spending momentum since late last year.
But some also warned gas prices nearing $4 a gallon are starting to cut into the spending power of lower-income customers who were already on tight budgets.
21. Retail Sector Adding Jobs, But Not Always Careers
- Wednesday, April 06, 2011
Erin Abell left a job in finance to volunteer for John McCain's presidential campaign in early 2008. She had hoped to return to the industry after the election, but by then Wall Street was on life support, and Abell had to live off credit cards until joining a friend's startup.
22. Retailers Report Surprisingly Solid January Sales
- Friday, February 04, 2011
NEW YORK (AP) – U.S. retailers reported surprisingly solid January revenue gains Thursday that swept away fears that snowstorms in much of the country had chilled sales.
The reports, which are being compared with a respectable January 2010, offer encouraging signs that consumer spending is maintaining the momentum of the strong holiday season.
23. Wealthy Treated Themselves During the Holidays
- Wednesday, January 12, 2011
NEW YORK (AP) – The rich treated themselves like royalty this holiday season. That spun the holidays into gold for Tiffany & Co. and other high-end retailers.
24. Less Worried About Layoffs, Jobholders Spend More
- Tuesday, January 11, 2011
WASHINGTON (AP) – A steady decline in layoffs is giving the vast majority of adults who have jobs the confidence to spend more freely and help energize the economy. They no longer worry so much about losing their jobs.
25. December Increase Seals Strong Holiday for Retail
- Friday, January 07, 2011
NEW YORK (AP) — Retailers sealed their strongest holiday sales increase since 2006, as a robust November more than offset spending that tapered off in December.
The results reported Thursday suggest steadily improving consumer spending. For investors, whose expectations were riding high, the December figures were disappointing.
26. Municipal Bond Market Draws Scrutiny
- Wednesday, November 24, 2010
One of the newest corners of the economy to come under scrutiny is one of the most traditionally predictable.
Municipal bond prices saw some surprising drops this month, leading to concern about what might be around the corner in the normally stable market for bonds backed by state and local governments and other public entities.
27. Americans Likely Took Retail Breather in October
- Thursday, November 04, 2010
NEW YORK (AP) – After a last-minute back-to-school buying spree, Americans appeared to have taken a shopping pause in October, resulting in a mixed retail sales picture.
That lull could continue until the day after Thanksgiving, the unofficial start of the Christmas season, as shoppers wait for big bargains, many analysts say.
28. Retailers Report September Boost
- Friday, October 08, 2010
NEW YORK (AP) – Retailers reported surprisingly solid sales gains for September, boosted by back-to-school shopping, much of it pushed into September by parents who had put off trips to the mall.
29. Dim Retail Sales Hurt Economy as Fed Sees Weaknesses
- Thursday, July 15, 2010
WASHINGTON (AP) — A second straight month of declining retail spending will likely keep unemployment high and help weaken the recovery.
Not everyone is suffering, though. Shoppers with stable jobs and steady pay can find lots of bargains. The economy is bleaker for anyone seeking a job or at risk of losing one. Still, Americans as a group are spending less, and that threatens the pace of the recovery.
30. Government Data Show Solid Recovery But Concerns Remain
- Monday, May 17, 2010
WASHINGTON (AP) — The economy is being boosted by higher retail sales, stronger factory output and a rise in companies' stockpiles.
That picture emerged from reports Friday pointing to an economy that's improving modestly but steadily after the worst recession in decades. Yet the recovery needs stronger job creation, and it remains under pressure from fears that Europe's debt crisis could slow the U.S. economy.
31. Retailers Report 4th Consecutive Month of Gains
- Friday, April 09, 2010
NEW YORK (AP) - Warmer weather and an earlier Easter enticed shoppers into stores for spring merchandise in March, helping retailers post strong sales gains for the month.
Discounter Target Corp., department store Macy's Inc., clothier Gap Inc. and Victoria's Secret parent Limited Brands Inc. posted double-digit increases that beat Wall Street analysts' expectations.
32. Retailers Report Strong Gains for February
- Friday, March 05, 2010
NEW YORK (AP) - Shoppers shrugged off the snow and worries about the economy to buy spring clothing and other items at the nation's malls, resulting in the strongest retail sales gain since November 2007, a month before the recession started.
33. Jobless Claims Drop, Productivity Revised Higher
- Friday, March 05, 2010
WASHINGTON (AP) - New claims for jobless benefits fell last week in a sign that layoffs may be easing as the U.S. economy slowly recovers.
The U.S. Labor Department reported Thursday that initial claims for unemployment insurance fell by 29,000 to a seasonally adjusted 469,000. That nearly matches Wall Street analysts’ estimates of 470,000.
34. Stores Expected to Show Jan. Sales Figure Up 1 Pct
- Thursday, February 04, 2010
NEW YORK (AP) - Retailers elated by stronger-than-expected holiday sales are expected to report Thursday that they saw an unintended consequence in January: sales up only 1 percent from last year by one measure.
35. Retail Sales Sink, Jobless Claims Rise
- Friday, January 15, 2010
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.
36. December Retail Sales Show Signs of Life
- Friday, January 08, 2010
NEW YORK (AP) - Last-minute holiday shoppers brought relief to the nation's retailers, handing them modest sales gains for the season and prompting several chains to raise their fourth-quarter profit outlooks.
37. Holiday Stragglers Find Shortages of Hot Items
- Thursday, December 24, 2009
NEW YORK (AP) - Looking for UGG boots? Or what about the last string of holiday lights or inflatable Santas to spruce up the lawn? You might be out of luck.
Some last-minute holiday shoppers are facing disappointment. Stores are running out of key holiday items – and not just Zhu Zhu pets, those robotic hamsters that have been hard to find since before Thanksgiving.
38. October Sales Offer Relief to Merchants
- Friday, November 06, 2009
NEW YORK (AP) – Consumers, enticed by cooler weather and an improving economy, spent a little more in October, handing the retail industry its second consecutive monthly sales gain after more than a year of declines.
39. Retailers Report Sales Declines in February
- Friday, March 06, 2009
NEW YORK (AP) - Tighter inventory control and milder weather helped retailers in February as business at many merchants was not as bad as in January. Wal-Mart's gains far outpaced expectations – but many stores, especially at the higher end, still struggled.
40. Retailers Report Dismal 4th Qtr, Gird for Future
- Thursday, February 26, 2009
NEW YORK - Retailers marched out a series of cheerless results Tuesday for their most important season of the year, the fourth quarter, when consumers seem to have put off buying almost anything they had a choice about.
41. J.C. Penney Reports 51 Percent Slide in Q4 Profit
- Monday, February 23, 2009
NEW YORK (AP) - J.C. Penney Co. reported a 51 percent drop in fourth-quarter profit Friday as customers sharply cut spending on clothing and other items. The results beat Wall Street expectations, but the chain projected a wider first-quarter loss than analysts had predicted.
42. Stores See Surge in Applicants for Holiday Help
- Wednesday, November 12, 2008
NEW YORK (AP) - The odds of landing a part-time job at department store operator Bealls Outlet Stores Inc. this holiday season are slimmer than getting into Harvard: It's one out of every 45.
43. Retailers Report Weak September Sales
- Thursday, October 09, 2008
American shoppers went into hiding in September, sticking to buying the bare-bone essentials and leading many retailers to report dismal sales for the month as skittish consumers grappled with the financial meltdown spreading around the globe.
44. Retailers Report Sluggish Sales
- Friday, September 05, 2008
NEW YORK (AP) – Many of the nation’s retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials amid persistent worries about high gas and food prices.
45. Retailers Slash Prices, But at What Cost
- Wednesday, September 03, 2008
NEW YORK (AP) - In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to dinnerware. But those fat discounts will likely come at a big cost for the companies.
46. Retailers Report May Results Above Expectations
- Friday, June 06, 2008
NEW YORK (AP) – Consumers stepped up their shopping in May after tax rebate checks began hitting mailboxes, giving many of the nation’s retailers stronger than expected sales for the month. Still, there were signs that many people still are focusing on necessities such as food and gas.
47. Retailers Report Mixed Sales Results In Feb.
- Monday, March 10, 2008
NEW YORK (AP) - The nation's retailers got a little reprieve in February, as consumers hesitantly returned to malls and stores after retrenching in recent months. Among the big winners were discounters like Wal-Mart Stores Inc., whose results beat expectations.
48. You Better Shop Around
- Thursday, September 07, 2006
Seattle-based Nordstrom Inc. has Memphis on its radar as a possible home for one of its upscale department stores within the $100 million Forest Hill Plaza commercial development being built at the intersection of Winchester and Forest Hill-Irene roads.
49. Archived Article: Tech Briefs
- Wednesday, November 13, 2002
EmergeMemphis and Foley Management Partners LLCs next seminar, Building a Business Plan, is at 8:30 a
EmergeMemphis and Foley Management Partners LLCs next seminar, Building a Business Plan, is 8:30 a.m. Nov. 21 at EmergeMemphis, 516 Tennessee St...
50. Archived Article: Benchmark
- Thursday, December 23, 1999
Nordstrom Gets OK To Open Thrift Nordstrom Inc. joins fray of companies opening thrifts Retailer Nordstrom Inc. has received government permission to open a federally chartered thrift, a request that competitors Wal-Mart Stores Inc. and Dillard's In...
51. Archived Article: Marketplace St
- Monday, November 02, 1998
By SUZANNE THOMPSON Ho Ho Hummmm? Some retailers say the earlier introduction of holiday items answers customer demands By SUZANNE THOMPSON The Daily News It seems as though the dreaded shopping countdown to Christmas begins earlier and earlier ever...
52. Archived Article: Leadership Lj
- Friday, July 26, 1996
lj 10/5 cates Following purpose, not people, can lead to business success Leadership consultant offers new perspective on business success By LAURIE JOHNSON The Daily News If a companys executives want to increase both profits and productivity, they...