RETAIL

More news
Martha Stewart speaks to the audience at her trade show, called "Good Things", in New York

Penney adds Martha Stewart brand shops, equity stake

J.C. Penney Co Inc took a stake in Martha Stewart Living Omnimedia Inc and plans to open Martha Stewart shops within its stores, in the first big deal announced by its new chief executive as he tries to turn the department store chain around.
Martha Stewart speaks to the audience at her trade show, called ''Good Things'', in New York September 30, 2006.

Penney CEO Calls Martha Stewart Deal a 'Centerpiece'

J.C. Penney Co Inc (JCP.N) bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc (MSO.N) and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
Shopping carts are seen outside a new Walmart Express store in Chicago

Wal-Mart in India Deal is Off: PM Manmohan Singh Backs Off Foreign Retailers Plan

India has retracted its plan to allow foreign retail chains like Wal-Mart and Britain's Tesco to open in the country, according to multiple reports. The reversal comes less than two weeks after the global business sector and the Indian government heaped praise on the original deal to let foreign retailers into India to jolt the country's economy and lower prices for farmers and consumers.
IBTimes Logo

Penney CEO calls Martha Stewart deal a centerpiece

J.C. Penney Co Inc bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
IBTimes Logo

India retail reform unravels after backlash

India suspended plans to open its $450 billion supermarket sector to foreign firms such as Wal-Mart Stores Inc , backtracking from one of the government's boldest reforms in years in the face of a huge political backlash.
Amazon Kindle Fire

Amazon's Kindle Fire lets kids charge up a storm

Amazon's Kindle Fire tablet, one of the hottest gadgets this holiday season because of its low price, has some parents bristling over the simplicity at which children can order from the retail giant and the inability to stop them without crippling the device.
Europe's Markets

Europe's Markets Close Mostly Lower Tuesday on S&P Warning

European equities finished weaker in a choppy, thinly-traded session on Tuesday, led lower by retail shares after the world's No.4 retailer Metro issued a profit warning saying the Eurozone debt crisis was undermining consumer confidence.
IBTimes Logo

American Express: Retailers optimistic so far

Retailers are generally optimistic about their holiday performance so far, although shaky economic conditions could change things quickly, the chief executive officer of American Express Co said on Tuesday.
Europe's Markets

Europe's Markets Firm Tuesday at Mid-Day Despite S&P Warning

European shares were flat on Tuesday at mid-day as strategists said they were optimistic policymakers would make progress on a solution for the region's debt crisis, though Standard & Poor's warned it might downgrade top-rated Germany and other Eurozone countries.
Jim O'Neill

India Most Disappointing in BRIC: Goldman Sachs Chairman

The growth rates of all four BRIC (Brazil, Russia, India and China) economies have surpassed expectations in the decade since the term came into existence. However, India's record in terms of productivity, Foreign Direct Investment (FDI) and reform has been the most disappointing, according to Jim O'Neil, the Chairman of Goldman Sachs Asset Management, on Tuesday.

What is Driving Construction Spending?

Total construction spending has contributed to real Gross Domestic Product (GDP) over the past two quarters and is expected to add to economic growth through 2013.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.