United States

Consumer and Retail

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Analysis: Back-to-school will not wake up retail sales

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.

U.S. retailers flex muscles wrestling landlords

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.

China's rising costs signal end of U.S. retail era

NEW YORK With labor and other costs in China rising, Americans must bid adieu to a lifestyle of low prices, retail executives say.

They think it's all over. It isn't yet

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.

Retailers step up search for next big thing

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.


Analysis: Retailers in slow lane to mobility

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 .

Analysis: Retail M&A and IPOs stall, investors balk

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.


Gap plans four China stores this year

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.


Retailers broaden meaning of value

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.


OfficeMax sees tough back-to-school

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.


Retail execs see recession lesson for their kids

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.


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