NEW YORK Retailers expect the back-to-school season to be only a bit better than in 2009, dampening hopes that the second-biggest sales period of the year might give the retail industry and economy a lift.
NEW YORK U.S. retailers still have the upper hand when negotiating leases for stores in malls and shopping centers, retail industry executives and other experts told the Reuters Consumer and Retail Summit this week.
NEW YORK With labor and other costs in China rising, Americans must bid adieu to a lifestyle of low prices, retail executives say.
LONDON Poor performances from top European teams and few high-scoring matches have dampened retailers' hopes for a big boost to sales from the soccer World Cup, executives at the Reuters Consumer and Retail Summit said.
LONDON With little prospect of a pick up in demand, and not much more room to cut costs, retailers are taking a risk by stepping up spending on innovation in the hope of finding the next must-have product to help boost sales.
NEW YORK/LONDON When pop icon Britney Spears tweeted a sneak-peak picture of a new outfit from her line for the Candie's brand, the fashions swiftly became a top seller at department store Kohl's Corp .
NEW YORK Retail sales may have recovered nicely in the past year, but a resurgence in acquisitions and IPO activity may have to wait until next year due to tougher financing and market volatility.
NEW YORK Gap Inc will open its first four owned and operated China stores in Beijing and Shanghai later this year and simultaneously launch an online shopping site for the key consumer market.
NEW YORK "Value" has been the retail code for low prices during the global recession, but the oft-repeated word is taking on a broader definition that includes quality and selection.
NEW YORK OfficeMax Inc expects the back-to-school season to be tough, even as school districts load more of their purchases onto parents, a top company executive said on Wednesday.
NEW YORK Retail executives are taking advantage of the downturn to teach their children the value of money, from using strict guidelines for weekly allowances to showing their kids the meaning of going without.