Is Wal-Mart coming to New York City?
Retailing giant Wal-Mart Stores (NYSE: WMT) may be seeking to establish a foothold in New York City, according to a report on the NY1 news station.
Top Pre-Market NASDAQ Gainers (XOMA, ATPG, SONC, DRYS, XING)
The top pre-market NASDAQ stock market gainers are: XOMA, ATP Oil & Gas, Sonic, DryShips, Qiao Xing Universal Resources, Melco Crown Entertainment, Star Scientific, Logitech International, Microvision, and Asia Entertainment & Resources.
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.
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...
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Global luxury industry banks on China for re-emergence
The year 2010 has seen the emergence and growth of one of the strongest markets for luxury industry in the world - China.
Retailers lost $1-billion in sales to blizzard: ShopperTrak
U.S. retailers might have lost $1-billion in post-Christmas sales due to the massive blizzard that struck the Northeast over the weekend, according to a report from ShopperTrak, the retail sales analysis firm.
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.
Clothing, jewelry push US retail sales up 5.5 percent this holiday season
Retail sales in the US during this holiday season rose sharply mainly driven by increased spending on clothing and jewelry.
Sam Decker's New Start Up To Syndicate Twitter Content
A new start up company was launched last week to help entertainment, media, retail and manufacturing brands to find, filter, organize and display relevant social content to the right audience in real-time.
Top Tech M&A Deals of 2010 (ORCL, DELL, HPQ, INTC, SAP, GOOG, AAPL)
Big players of the U.S. technology sector, who are flush with cash and looking to expand their horizon, returned to the merger and acquisition space this year after recovering from the 2009 recession.
UK retailers expect sales to worsen in 2011
Majority of the retailers in the UK expect sales to worsen in 2011 amid growing concerns over weak consumer demand and inflationary pressures.
John Hardy ties up with Masari Group for Plaza Indonesia mall in Jakarta
Bali-based jeweler, John Hardy, is venturing into retail in partnership with the Masari Group to inaugurate a lavish 22-square meter store in the prestigious Plaza Indonesia shopping mall in Jakarta.
U.S. online holiday shoppers break weekly sales record
For the U.S. e-commerce industry, last week was one for the record books. Online holiday shoppers spent $5.499 billion from December 13 to December 19, according digital trends tracking firm comScore.
UK third quarter GDP growth lower than initially estimated
UK economic growth in the third quarter was lower than previously estimated, raising concerns that growth will slow further next year.
HP's webOS-based PalmPad may play spoil sport for Microsoft
HP may play spoil sport for Microsoft as it plans to launch three webOS-based tablets at the Consumer Electronics Show, the venue that Microsoft has chosen to showcase its Windows 7 and Windows 8- based tablets.
TD Bank to acquire Chrysler Financial for $6.3 bln
Toronto-Dominion Bank has agreed to buy Chrysler Financial from private equity firm Cerberus Capital Management, L.P. (Cerberus) for $6.3 billion in cash, part of a major expansion of Canadian banking behemoths into the United States.
Amazon profit view raised at Barclays
Barclays Capital raised profit estimate of online retailer Amazon.com, Inc., citing strong online holiday season.
U.S. Retailers expansion a death march into bankruptcy
The lifeblood of retail expansion is same store sales. If same store sales do not increase, any store count expansion becomes a death march. But the big retailers keep expanding out of touch with reality.
Should Nokia Adopt Android or Windows Phone 7?
With dwindling market share for Symbian and growing smartphone competition may force Nokia to adopt either Google's Android Operating System or Windows Phone 7 in a bid to regain its lost marketshare in the smartphone space.
Britney Spears comic book coming soon
Bluewater Productions has come out with a comic book on Britney Spears’ life.
Holiday Shoppers Spend $27.5 Bln Till Date: comScore
Online spending in the United States rose 12 percent to $27.5 billion till date this holiday shopping season. Free Shipping Day punctuated an exceptional week in which consumers spent more than $5.5 billion online, representing a 14 percent increase from last year, research firm comScore said.
Investors in Bangladesh riot over stock market plunge
Hundreds of investors rioted in the commercial district of Dhaka, Bangladesh on Sunday after the local stock market suffered its sharpest one-day decline in its history.
Dell Hits Snags In VenuePro Rollout
Dell Computer has run into some hiccups delivering its VenuePro Smartphone, but is offering anyone who ordered one before Dec. 14 a free set of headphones.
Germany continues to see good climate for business: Ifo Survey
Business sentiment in Germany continued to improve for the third straight month in December, helped by better conditions in retailing and wholesaling, according to the Ifo Business Survey.
JD Power says global auto sales could reach 80 mln units in 2012
Global automobile sales are expected to top 80 million units in 2012 and 118 million units in 2020, according to industry tracking firm JD Power & Associates.
AOL expands advertising offering, buys Pictela
AOL Inc. announced its acquisition of New York-based content marketing platform startup Pictela to bolster its advertising offering. Terms of the deal were not disclosed. Pictela is a platform for distributing videos, photos and applications across the Web in real time.
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