RETAIL

A Chevron tanker truck unloads gasoline into underground storage tanks in Burbank

Can US drill its way to low gasoline prices?

Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.
IBTimes Logo

Retailers lost sales to blizzard: report

Retailers have not recouped all of the $1 billion in sales postponed by shoppers as they dug out from last month's East Coast blizzard, research firm ShopperTrak said on Wednesday.
More news
Chairman of the Federal Reserve Ben Bernanke delivers opening remarks at a Federal Reserve System symposium in Arlington, Virginia

What IHS predicts for US economy in 2011

The U.S. economy is on course to a self-sustaining recovery in 2011, aided by the private sector’s return to health and a further injection of fiscal stimulus, IHS Global Insight has said.
IBTimes Logo

December U.S. retail sales: upswing's last hurrah?

U.S. retailers should post another month of strong sales gains for December, capping their best holiday season since 2007, amid doubts that shoppers will keep spending as enthusiastically in the new year.
IBTimes Logo

Is the retail investor returning to stocks?

U.S. stocks just posted back-to-back years of strong gains, yet the small U.S. investor largely remained a spectator. Now financial advisers say investors, many of whom rode out the financial crisis in cash and bonds, are slowly regaining confidence.
IBTimes Logo

It's raining tablets at CES Las Vegas: What's your bet?

As the upcoming Consumer Electronic Show at Las Vegas gains traction, reports confirm that a slew of laptops will inundate the conference. Most of the launches were due at the end of 2010 but the delay can be attributed to the delay in the launch of Android version Honeycomb, which is touted to be more suited for tablets. While reports suggest that the iPad 2 will arrive in April, most of the companies will take the plunge at the CES to test the market before iPad comes withe serious competition...
IBTimes Logo

Skype Launches Video Calling On iPhone

After an outage that stranded multiple users last week, Skype pulls an ace from its sleeve to woo its disgruntled customers, launching an iPhone app with video chat capabilities.
IBTimes Logo

Retail sales down 4.1 percent last week: report

Retail sales fell 4.1 percent in the week ending on Christmas Day, according to research firm ShopperTrak, largely because December 26 fell on a Sunday this year and was not included in Christmas week sales.
IBTimes Logo

Investor doubts linger over holiday sales upside

New sales data confirm that retailers are poised to show their best holiday season in three years, but investors seemed unimpressed as concerns mount that shoppers will pull back in the new year.
LG 3d tv

LG Could Unveil Mobile 3D TV

The tech blogosphere has been rife with rumors that LG Electronics plans to unveil a portable 3D television at the Consumer Electronics Show in Las Vegas.
IBTimes Logo

Retail sales spike week before Christmas:report

U.S. retail sales rose in the week before Christmas as shoppers hurried to finish their gift-buying, putting holiday sales on track to hit the high end of estimates, according to data released on Tuesday by the International Council of Shopping Centers and Goldman Sachs.
IBTimes Logo

German retailers see sales upturn extending into 2011

German retailers expect the strong growth in sales during the Christmas shopping season to be extended into 2011 because underlying conditions are good, a leader of the HDE retail industry association said on Thursday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.