Retail News: Buy.com Takes on Amazon with 10 Pct. Book Price Cut
June 25, 2002
SEATTLE (Reuters) - Internet retailer Buy.com Inc. took aim at Amazon.com Inc.'s AMZN.O, top-selling online book store on Tuesday, saying it would beat its larger rival's prices on titles by 10 percent, sending Amazon's shares to a two-month low.
Retail News:Levi Strauss Posts Loss
Faded Levi's?
June 20, 2002
By Michael Kahn
SAN FRANCISCO (Reuters) - Jeans maker Levi Strauss & Co. on Thursday posted a sharp second-quarter loss as sales in the United States and Europe sank but said it remained on target to reverse five years of sliding sales in 2003.
Faded Levi's?
June 20, 2002
By Michael Kahn
SAN FRANCISCO (Reuters) - Jeans maker Levi Strauss & Co. on Thursday posted a sharp second-quarter loss as sales in the United States and Europe sank but said it remained on target to reverse five years of sliding sales in 2003.
Retail News:Irish prov April retail sales up 2.8 pct y/y
June 21, 2002
DUBLIN, June 21 (Reuters) - The value of Ireland's retail sales rose by 1.1 percent in April from March and increased 2.8 percent year-on-year, provisional figures from the Central Statistics Office showed on Friday.
June 21, 2002
DUBLIN, June 21 (Reuters) - The value of Ireland's retail sales rose by 1.1 percent in April from March and increased 2.8 percent year-on-year, provisional figures from the Central Statistics Office showed on Friday.
Trends:Knitting: Not Just for Grandmas Anymore
Who's knitting now? Young professional women, students and men. Check out more on this trend...
June 21, 2002
By Jill Oestreicher Gross
WASHINGTON (Reuters) - Like many young girls, Sarah Pfeiffer first learned to knit when she was 10, but she wasn't prolific until years later, when she was re-taught at 27 by her stepmother during a Thanksgiving holiday.
Who's knitting now? Young professional women, students and men. Check out more on this trend...
June 21, 2002
By Jill Oestreicher Gross
WASHINGTON (Reuters) - Like many young girls, Sarah Pfeiffer first learned to knit when she was 10, but she wasn't prolific until years later, when she was re-taught at 27 by her stepmother during a Thanksgiving holiday.
Retail News:Former Rite Aid Execs Charged with Fraud
June 21, 2002
By Jean Scheidnes
NEW YORK (Reuters) - U.S. officials on Friday charged former executives of Rite Aid Corp. with a slew of criminal charges relating to the largest restatement of earnings in U.S. corporate history.
June 21, 2002
By Jean Scheidnes
NEW YORK (Reuters) - U.S. officials on Friday charged former executives of Rite Aid Corp. with a slew of criminal charges relating to the largest restatement of earnings in U.S. corporate history.
Retail News:Heinz Pushes Organic Ketchup to 'Green' Consumers
June 20, 2002
By Deborah Cohen
CHICAGO (Reuters) - H.J. Heinz Co. is betting the U.S. market is ripe for an organic ketchup with a big brand.
June 20, 2002
By Deborah Cohen
CHICAGO (Reuters) - H.J. Heinz Co. is betting the U.S. market is ripe for an organic ketchup with a big brand.
Retail News:ABCNEWS.com : Recession? Not for These Businesses
Not All of the Economy Has Been Suffering During the Downturn
By Catherine Valenti
June 19 -There's a recession on, but somebody forgot to tell the U.S. consumer.
Indeed, there seems to be no stopping indefatigable American shoppers, who continue to spend on everything from fancy accessories and dining out, to new homes and the stuff that goes in them.
Not All of the Economy Has Been Suffering During the Downturn
By Catherine Valenti
June 19 -There's a recession on, but somebody forgot to tell the U.S. consumer.
Indeed, there seems to be no stopping indefatigable American shoppers, who continue to spend on everything from fancy accessories and dining out, to new homes and the stuff that goes in them.
Retail News:UK retailer Big Food serves up big salaries
June 20, 2002
LONDON, June 20 (Reuters) - Two bosses of Big Food Group, owner of the Iceland frozen food chain, picked up bumper salaries last year despite its dismal performance.
June 20, 2002
LONDON, June 20 (Reuters) - Two bosses of Big Food Group, owner of the Iceland frozen food chain, picked up bumper salaries last year despite its dismal performance.
Retail News:Clothes, furniture boost Canadian retail sales
June 20, 2002
By Rajiv Sekhri
TORONTO, June 20 (Reuters) - Canadian consumers bought more clothes and furniture in April, boosting retail sales, one of the strongest sectors of the economy, after two relatively weak months, Statistics Canada said on Thursday.
June 20, 2002
By Rajiv Sekhri
TORONTO, June 20 (Reuters) - Canadian consumers bought more clothes and furniture in April, boosting retail sales, one of the strongest sectors of the economy, after two relatively weak months, Statistics Canada said on Thursday.
Retail News: Sears Canada buys Vogue brassiere brand
Wednesday, June 19, 2002
Sears Canada Inc. has bought the brands and trademarks of bankrupt bra maker Vogue Brassiere Inc. so it can continue to sell the product in its stores.
Wednesday, June 19, 2002
Sears Canada Inc. has bought the brands and trademarks of bankrupt bra maker Vogue Brassiere Inc. so it can continue to sell the product in its stores.
Retail News:England World Cup fans in retail orgy
June 19, 2002
By Elaine Hardcastle
LONDON (Reuters) - As England prepares for its quarter-final World Cup clash against Brazil, shopkeepers are also scoring as the nation snacks and guzzles its way through the tournament and splurges on patriotic merchandise.
June 19, 2002
By Elaine Hardcastle
LONDON (Reuters) - As England prepares for its quarter-final World Cup clash against Brazil, shopkeepers are also scoring as the nation snacks and guzzles its way through the tournament and splurges on patriotic merchandise.
Retail News:Retail Sales Rise, Industry Picture Mixed
June 18, 2002
By Pedro Nicolaci da Costa
NEW YORK (Reuters) - Sales at U.S. chain stores rose last week as warmer weather enticed shoppers out to stores and shopping malls, but discounters performed better than department stores across the country, two reports showed on Tuesday.
June 18, 2002
By Pedro Nicolaci da Costa
NEW YORK (Reuters) - Sales at U.S. chain stores rose last week as warmer weather enticed shoppers out to stores and shopping malls, but discounters performed better than department stores across the country, two reports showed on Tuesday.
Retail News:Supersize Food Means Supersize Waistlines, Report Says
June 18, 2002
By Maggie Fox, Health and Science Correspondent
WASHINGTON (Reuters) - Those supersize portions at convenience stores and fast food outlets may look like bargains, but they cost Americans billions of dollars in obesity-related illnesses, consumer and health groups said on Tuesday.
June 18, 2002
By Maggie Fox, Health and Science Correspondent
WASHINGTON (Reuters) - Those supersize portions at convenience stores and fast food outlets may look like bargains, but they cost Americans billions of dollars in obesity-related illnesses, consumer and health groups said on Tuesday.
Retail News:Home Depot says sales policy not to skirt rules
June 18, 2002
ATLANTA, June 18 (Reuters) - Home Depot Inc. on Tuesday said a policy against sales to the federal government was not designed to skirt U.S. anti-discrimination rules and was meant to cut down on paperwork.
June 18, 2002
ATLANTA, June 18 (Reuters) - Home Depot Inc. on Tuesday said a policy against sales to the federal government was not designed to skirt U.S. anti-discrimination rules and was meant to cut down on paperwork.
Business News: B.C. unemployment worsens in May
The jobless rate may have improved across Canada, but B.C. continues to struggle.
Vancouver - The B.C. jobless rate has taken a big jump. The unemployment rate in this province was 9.5 per cent last month, up from 8.7 per cent in April.
The jobless rate may have improved across Canada, but B.C. continues to struggle.
Vancouver - The B.C. jobless rate has taken a big jump. The unemployment rate in this province was 9.5 per cent last month, up from 8.7 per cent in April.
Retail News: French hypermarket, supermarket sales rose in May
June 06, 2002
PARIS, June 6 (Reuters) - French hypermarket sales rose 1.2 percent in May and supermarket sales rose 2.7 percent versus May 2001, France's FCD retail federation said on Thursday.
June 06, 2002
PARIS, June 6 (Reuters) - French hypermarket sales rose 1.2 percent in May and supermarket sales rose 2.7 percent versus May 2001, France's FCD retail federation said on Thursday.
Retail News: Away on Business: Movies on the move
June 06, 2002
By Michael Conlon
CHICAGO, June 6 (Reuters) - For today's air traveler, often forced by tight security to spend more time inside airports, movies are better than ever.
June 06, 2002
By Michael Conlon
CHICAGO, June 6 (Reuters) - For today's air traveler, often forced by tight security to spend more time inside airports, movies are better than ever.
Retail News: May Retail Sales Disappoint
June 06, 2002
By Jean Scheidnes
NEW YORK (Reuters) - Cold, rainy weather in May dampened U.S. retail sales, especially of summer apparel, and analysts said a cloudy economic picture will keep demand down even as temperatures rise.
June 06, 2002
By Jean Scheidnes
NEW YORK (Reuters) - Cold, rainy weather in May dampened U.S. retail sales, especially of summer apparel, and analysts said a cloudy economic picture will keep demand down even as temperatures rise.
Retail News: PluggedIn: Hong Kong embraces the Octopus card
June 04, 2002
By Tony Munroe
HONG KONG, June 4 (Reuters) - For years, the notion of a cashless society has been a futurist's dream deferred almost everywhere -- except, to some extent, in Hong Kong.
June 04, 2002
By Tony Munroe
HONG KONG, June 4 (Reuters) - For years, the notion of a cashless society has been a futurist's dream deferred almost everywhere -- except, to some extent, in Hong Kong.
Retail News: May Retail Sales Seen Dampened by Weather
June 04, 2002
By Jean Scheidnes
NEW YORK (Reuters) - Same-store sales for most U.S. retailers will be depressed by May's unseasonably cold, wet weather, and industry analysts say second-quarter earnings could be at risk if temperatures and sales don't pick up.
June 04, 2002
By Jean Scheidnes
NEW YORK (Reuters) - Same-store sales for most U.S. retailers will be depressed by May's unseasonably cold, wet weather, and industry analysts say second-quarter earnings could be at risk if temperatures and sales don't pick up.
Retail News: Amazon.com plans Canadian Web site
By MARINA STRAUSS
RETAILING REPORTER
Saturday, June 1, 2002
Amazon.com Inc. plans to launch a Canadian on-line site on June 25, a move that is haltingly welcomed by domestic publishers but could squeeze the Indigo/Chapters e-commerce business, sources say.
By MARINA STRAUSS
RETAILING REPORTER
Saturday, June 1, 2002
Amazon.com Inc. plans to launch a Canadian on-line site on June 25, a move that is haltingly welcomed by domestic publishers but could squeeze the Indigo/Chapters e-commerce business, sources say.
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