Amazon.com Inc is spending from a position of strength
The old saying that 'you have to spend money to make money,' isn't resonating with Amazon.com Inc. investors these days
View ArticleBetter design and 'atmosphere': Why Canadian malls are thriving while...
An analysis from the Retail Council of Canada reveals malls in this country are significantly more productive, on average, than malls in the United States
View ArticleGarry Marr: Why the economics of buying flowers on Valentine’s Day really stink
Valentine’s Day is just an excuse for retailers to soak consumers' wallets and a bouquet of blooms is among the worst deals going on Feb. 14
View ArticleWhat’s more important to Amazon.com than $1 billion of revenue on Prime Day
Prime Day could generate roughly US$1 billion in revenue for the online retail giant
View ArticleHudson's Bay posts a deeper loss, misses industry estimates
Canada’s oldest retailer recorded a net loss of $201 million in the second quarter, compared with a net loss of $142 million in the year-ago period
View ArticleAmerican consumer comes storming back
U.S. retail sales rebounded in September at their fastest pace in seven months, potentially giving new momentum to the weak economic recovery
View ArticleU.S. ducks recession — for now
Analysis: Consumers and businesses pulled the sickly U.S. economy back from the brink of recession in the third quarter but don’t pop the champagne just yet
View ArticleCanada's retail sales rebound
Canadian retail sales came on stronger than expected in August, which should reinforce market expectations of a return to growth in the third quarter
View ArticleAmericans spending more, saving less
U.S. consumer spending rose in September as Americans saved less to fund purchases amid weak income growth, which could cast doubts over the durability of the third-quarter’s economic growth spurt
View ArticleCanadians likely more cautious than U.S. holiday shoppers
Canadians will be more cautious holiday shoppers than their U.S. counterparts this season, while sales at some U.S. retail stores operating in this country are weaker than the stateside division
View ArticleWal-Mart misses Street view, despite sales rise
Wal-Mart Stores Inc’s quarterly profit growth missed Wall Street expectations on Tuesday as the economy continues to weigh on customers at Walmart U.S., by far the company’s largest division
View ArticleHousehold spending boosts Canada's leading indicator
Canada’s composite leading indicator increased by 0.2% in October on continued strength in household spending, Statistics Canada said on Friday
View ArticleRetail sales leap as Canadians loosen purse strings
Retail sales surged in September to double forecasts and the biggest gain in a year, another sign of robust economic growth in the third quarter
View ArticleAmericans saving more, spending less
U.S. consumer spending barely rose October as households took advantage of the largest increase in income in seven months to rebuild their savings
View ArticleOpening Bell: Markets slump on China and Europe fears
Gloomy news from Europe and China hit North American markets hard yet again with the S&P 500 looking set to head toward its sixth straight day of losses. An hour into the trading day, markets were...
View ArticleU.S. crude oil rises to $100 on supply worries
U.S. crude oil jumped to around $100 per barrel on Monday as concerns over disrupted Middle East supplies overshadowed worries over oil demand growth and a worsening economic outlook for the euro zone
View ArticleChristmas tree spending in U.S. lights up
Spending on Christmas trees in the U.S. will rise 3.1% this year to US$3.4-billion, the highest since before the recession gutted retail sales in 2008,researcher IBISWorld said
View ArticleShocks could delay U.S. recovery
The U.S. recovery is catching some wind in its sails, but corporate executives and Wall Street economists alike see the United States as still vulnerable to shocks
View ArticleBest Buy woes suggest more troubles for U.S. retailers
Best Buy Co Inc. is the first of many retailers that will report falling margins as merchants reluctantly cling to steep discounts to draw consumers in this holiday season
View ArticleRetail sales rise bodes well for GDP
Sales by Canadian retailers rose twice as much as expected in October, led by vehicle and gasoline purchases
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