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Home Depot Inc., the largest U.S. home-improvement retailer, reports earnings for the fiscal third quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.
German toy maker Steiff has settled an $80 million lawsuit filed in June accusing the company's CEO of conducting a yearslong campaign of unwelcome advances toward a U.S. marketing executive and raping her, a lawyer for the company said Wednesday.
Best Buy Co. wants to get your pulse racing over more than the hottest new laptops and TVs. Starting Wednesday the electronics chain will sell health and fitness equipment in 40 stores across the U.S.
"The Road Out of Hell: Sanford Clark and the True Story of the Wineville Murders" (Union Square Press, 304 pages, $24.95), by Anthony Flacco, with Jerry Clark: This is a darkly disturbing true account of a 13-year-old boy, Sanford Clark, sent to live with his uncle on an isolated chicken farm in California in 1926.
Ahead of the holidays, Toys R Us is opening FAO Schwarz boutiques in some of its stores and relaunching the iconic toy store's Web site.
Toys R Us Inc. is introducing a layaway program for larger-ticket items such as bikes and cribs ahead of the holiday season, the company said Monday.
Mattel Inc. and its Fisher-Price subsidiary have agreed to settle a consumer lawsuit for what could total more than $50 million over the 2007 recall of millions of toys made in China that were found to contain high levels of lead.
More than 80 percent of economists believe the recession is over and an expansion has begun, but they expect the recovery will be slow as worries over unemployment and high federal debt persist.
Coach Inc. is suing low-price retailer Target Corp. over bags the luxury handbag maker says too closely resemble its own designs.
Santa's on a budget this year.
The nation's biggest toy-store chain is placing its holiday bets — and because the stakes are high, the prices are lower.
Toys R Us plans to open nearly 350 pop-up stores in malls and inside Babies R Us stores by early October to drive sales during the crucial holiday season.
It may be the beginning of the year for students, but for retailers, it's report-card time. Analysts expect the early grades on the back-to-school selling season to be weak when retailers report August results Thursday.
Few if any of the deals retailers have offered online during the recession have been as good as Best Buy Inc.'s sale price of $9.99 on a 52-inch TV Wednesday. But it quickly turned out the offer was too good to be true.
MGA Entertainment Inc. is going to need to muster all the moxie it has for its latest launch. MGA is rolling out a new line of dolls called Moxie Girlz as Mattel Inc. plans to take over MGA's former marquee product, the saucy Bratz dolls, following a four-year legal struggle.
Retailers are geared up for back-to-school shopping. But getting recession-weary parents similarly stoked — now, that might be tricky.
CIT Group Inc. is working with a premier bankruptcy firm as the troubled commercial lender awaits word on whether it will receive funds from a federal program designed to help banks, the company confirmed Saturday.
Discount retailer Syms Corp. and Vornado Realty Trust won an auction for the discount chain Filene's Basement, a Filene's executive said Monday.
The weather has finally thawed, so what about the icy grip consumers have kept on their wallets?
With Mother's Day just days away, there are plenty of options left for procrastinators, but most involve shelling out major bucks. This year, though, as retailers chase dollars amid the recession, some low-price options are available.
Shares of apparel maker VF Corp. fell after hours Tuesday after the company painted a bleaker picture of the fall and remainder of the year than investors were hoping for, cutting its revenue and earnings guidance as its first-quarter profit fell 33 percent.
When the economy screeched to a halt late last year, so did consumer spending, which accounts for 70 percent of all U.S. economic activity. That's why the latest string of quarterly reports will be closely watched for any indication that consumers feel more confident about parting with their money.
Shares of RC2 Corp. jumped 35 percent on Wednesday after the maker of toys and children's products reported first-quarter results better than analysts expected, indicating turnaround efforts may be gaining traction.
Coach Inc., which makes luxury handbags and accessories, said Tuesday that profit fell 29 percent in its fiscal third quarter as sales were nearly flat in the recession. The company indicated, however, that weak traffic has stabilized.
PepsiCo Inc.'s $6 billion bid to buy its two largest bottlers should make the owner of the Gatorade, Naked juices and Aquafina brands more nimble in a landscape where soft drinks have declined in popularity in favor of healthier options like water and juices.
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