RETAIL

BSE Sensex

BSE Sensex Rises for Fifth Straight Session

The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.

Super Bowl 2012: Are Sports Stadiums Ripping Off Cities?

IBTimes Logo
When the New York Giants and New England Patriots battle in Super Bowl XLVI on Sunday, they'll be playing in a stadium that was largely financed by taxpayers. Some critics dispute the positive economic benefits of stadiums, which have received around $20 billion in subsidies in the last two decades.
Ellen DeGeneres

JC Penney stands by Ellen DeGeneres as spokeswoman

J.C. Penney Co Inc said on Friday said it fully backs its partnership with chat show host Ellen DeGeneres after a conservative group urged the retailer to reconsider hiring DeGeneres as a spokeswoman because she is a lesbian.
More news
Director of National Intelligence James Clapper testifies at a Senate Intelligence Committee hearing on Capitol Hill

Hacked Companies still Not Telling Investors

At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
IBTimes Logo

Schwab Client-Waiver Spurs FINRA Complaint

Wall Street's own watchdog filed a complaint against Charles Schwab Corp on Wednesday accusing the online brokerage of requiring customers to waive their rights to pursue class actions against the firm, a violation of industry rules.
J.C. Penney Store Revival

JC Penney Revamped: Can Ron Johnson Save Department Stores?

JC Penney's new Chief Executive Ron Johnson thinks shoppers have dropped the coupon-hounding, sale-chasing era when department stores reigned. Retail territory has been ceded to bargain sellers such as Walmart and Target. The former Apple retail executive offered a much-hyped solution last week, mixing branding, a new pricing structure and a buoyant ethos.
Graphics of new Amazon Kindle tablets seen at news conference in New York

Amazon Shares Fall as Outlook Disappoints

Amazon.com Inc's shares slid 12 percent in early trade on fears that heavy spending would hurt the retailer's profits even as revenue growth falls short of Wall Street expectations.
Amazon will roll out updates for its first tablet, the Kindle Fire, in about two weeks.

Amazon Keeps Spending to Grow, Slashing Profits

Amazon.com warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profits, a sign that the online retailer is continuing to spend heavily on expansion and new ventures at the expense of shorter-term profits.
IBTimes Logo

Shopkick Delivers $110M Revenue in 2011; App Offers Hope for U.S. Retail Sector

Mobile retail app Shopkick on Tuesday, announced it's software drove over $100 million worth of in-store purchases last year. According to company chiefs, consumers armed with Shopkick enabled smartphones spent $110 million at participating retailers over the last 12 months, the location based app's first full year of operation.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.