‘Retail’ Archive

Back-to-school shopping meets budget-conscious mom (tax-free weekend here I come!)

by Anne Law, August 20, 2009, 1:40 pm

Only four days until my daughter’s middle school classes begin and I have yet to buy a single school supply or article of clothing. Like many parents on a tight budget, I plan to hit the bargain bins and …

Great Mall of China isn’t so great

by Laura Huchzermeyer, August 20, 2009, 12:06 pm

The South China Mall in Dongguan, China  sounds good on paper. The holder of the title “World’s Largest Mall”  is more than twice the size of the previous record holders, Mall of America in …

Gap ditches TV for Facebook in advertising new jeans

by Jenni Gilmer, August 18, 2009, 1:49 pm

Clothing maker Gap is rolling out a new line of jeans, Gap 1969. One thing that will be missing with this new denim line? TV advertising.

Instead, the retailer will rely on Facebook to reach …

CIT teeters. Retailers tremble.

by Alexandra Biesada, July 17, 2009, 2:27 pm

As if retailers aren’t stressed enough, what with shoppers staying home in droves, they are now facing the prospect of the failure of a major lender: CIT Group. CIT is what’s known in the retail industry …

Can this marriage be saved?

by Jeff Dorsch, July 3, 2009, 11:15 am

The answer appears to be “no.” The marriage in question is the 25-year partnership between General Motors and Toyota Motor in a joint venture, New United Motor Manufacturing, Inc. — widely known as NUMMI.

GM this week gave out a …

The doctor at work

by Alexandra Biesada, July 2, 2009, 1:08 pm

Drugstore operator Walgreen aims to redefine the term office visit by allowing you to visit the doctor at your office or workplace. After blanketing the nation with more than 6,900 drugstores, retail growth opportunities are slowing and the company is looking for new ways to …

Paper or plastic?

by Patrice Sarath, June 29, 2009, 6:00 am

It’s only been a relatively few decades since credit has become ubiquitous and necessary to modern life. I know people who have abandoned cash in much the same way they have given up their landlines — with nary a thought. That annoying commercial about how …

Eddie Bauer’s in Bankruptcy

by Alexandra Biesada, June 18, 2009, 10:55 am

While the pace of retail bankruptcies appears to have slowed since the immediate aftermath of the disastrous 2008 holiday shopping season, retailers are still seeking Chapter 11 protection. The latest casualty to make its way to the Delaware bankruptcy court is outdoor-apparel seller …

Wal-Mart Opens for Business to Business in India

by Alexandra Biesada, June 5, 2009, 12:51 pm

Best Price Modern Wholesale opened for business Saturday in northern India’s Punjab Province. The big-box wholesale outlet is notable for several reasons. First and foremost, it represents the world’s largest retailer’s initial foray into the world’s …

Finding comedy in the business world: Annual reports poke fun at doom and gloom

by Laura Huchzermeyer, May 28, 2009, 9:42 am

During financial report filing season, we editors at Hoover’s spend our days pouring over all those often dull, tedious, and downright depressing documents so you don’t have to.

It’s rare to find a bright spot among all the doom and gloom these days. And humor among those 10-Ks, …