NewsTrust - Retail - Most Recent Stories

Tax Break Online Nears End

Mon, 16 Jul 2012 00:00:00 -0700

Wall Street Journal - By Monica Langley - Jul. 16 (News) - Republican governors, eager for new revenues to ease budget strains, are dropping their longtime opposition to imposing sales taxes on online purchases, a significant political shift that could soon bring an end to tax-free sales on the Internet.

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Amazon’s Market Cap Passes $100 Billion

Wed, 27 Jul 2011 00:00:00 -0700

TechCrunch - By Leena Rao - Jul. 27 (News) - After reporting stronger than expected second quarter earnings yesterday, Amazon has passed $100 billion in market cap this morning. The company's shares are currently trading at around $225 per share, giving the e-commerce giant a $101.81 billion market cap.

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Get Smith: Where to get your Smith Island cake fix

Thu, 24 Feb 2011 00:00:00 -0800

Urbanite - By Tracey Middlekauff - Feb. 24 (Other) - If you’re looking to order a Smith Island cake online, you’ve got a lot of choices.

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Law aims to protect online shoppers from shady marketers

Tue, 08 Feb 2011 00:00:00 -0800

Baltimore Sun - By Eileen Ambrose - Feb. 08 (Opinion) - Many consumers have been leery of shopping online, and they may have had reason to worry.

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Fast growth in service sector points to more jobs

Thu, 03 Feb 2011 00:00:00 -0800

Associated Press - By Associated Press - Feb. 03 (News) - Activity at manufacturing and service companies has reached a level not seen since before the recession, suggesting a stronger year for hiring. S

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Another Triumph for the Greens

Wed, 26 Jan 2011 10:40:34 -0800

Weekly Standard - By Jonathan V. Last - Jan. 26 (Opinion) - To go with toilets that don’t flush and light bulbs that don’t light, we now have dishwashers that don’t wash.

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Weedmart: Marijuana Superstores. IPOs. Reality TV.

Wed, 26 Jan 2011 00:00:00 -0800

Mother Jones - By Josh Harkinson - Jan. 26 (Special Report) - Meet the cocky entrepreneurs at the vanguard of the pot boom.

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U.S. Jobless Claims Fall More Than Forecast

Thu, 20 Jan 2011 00:00:00 -0800

Reuters - Jan. 20 (News) - Economic data released Thursday provided the latest signs that the economy was recovering in fits and starts.

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Feds fine Abercrombie & Fitch $1M for violating immigration law

Tue, 28 Sep 2010 00:00:00 -0700

Detroit Free Press - By Greta Guest - Sep. 28 (News) - U.S. Immigration and Customs Enforcement in Detroit said today it had levied one of its largest fines -- $1 million -- against clothing retailer Abercrombie & Fitch for violations of federal immigration law at its Michigan stores.

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Inside the secret world of Trader Joe's

Mon, 23 Aug 2010 00:00:00 -0700

Fortune - By Beth Kowitt - Aug. 23 (Investigative Report) - Apple's retail stores aren't the only place where lines form these days. It's 7:30 on a July morning, and already a crowd has gathered for the opening of Trader Joe's newest outpost, in Manhattan's Chelsea neighborhood. The waiting shoppers chat about their favorite Trader Joe's foods, and a woman in line launches into a monologue comparing the retailer's West Coast and East Coast locations. Another customer suggests that the chain will be good for Chelsea, even though the area is already brimming with places to buy groceries, including Whole Foods and several upscale food boutiques.

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The Story of Cosmetics

Thu, 22 Jul 2010 00:00:00 -0700

The Story of Stuff - By Annie Leonard - Jul. 22 (Advocacy) - Examines the pervasive use of toxic chemicals in our everyday personal care products, from lipstick to baby shampoo. The Story of Stuff Project reveals the implications for consumer and worker heal th and the environment, and outlines ways we can move the industry away from hazardous chemicals and towards safer alternative

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Razor Burn: A Flood of Fancy Shavers Leaves Some Men Feeling Nicked

Mon, 12 Jul 2010 00:00:00 -0700

Wall Street Journal - By Ellen Byron - Jul. 12 (Special Report) - Shaving is big business. Gillette brings in more than $4 billion in annual sales; Schick sees sales of around $1 billion a year, according to analysts' estimates. Though the recession hurt sales of blades and boosted sales of cheaper disposable razors, the two companies still have a lock on the U.S. market. Gillette commands 70% of the razors-and-blades category, and Schick holds about 10%, according to market-data firm Euromonitor International Inc.

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US once again cast as world's consumer of last resort

Sun, 20 Jun 2010 00:00:00 -0700

Los Angeles Times - By Don Lee - Jun. 20 (News Report) - As Europe cuts spending and China again floods the globe with low-cost goods, Americans are once more being cast as the world's consumers of last resort.

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Wal-Mart Bets on Reduction in Prices

Fri, 09 Apr 2010 00:00:00 -0700

Wall Street Journal - By Miguel Bustillo, Timothy W. Martin - Apr. 09 (News Report) - Wal-Mart is cutting prices in an aggressive campaign to reinforce its reputation as a discount leader, as it seeks to reverse months of slowing sales.

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The Great Grocery Smackdown

Tue, 16 Feb 2010 00:00:00 -0800

Atlantic Monthly - By Corby Kummer - Feb. 16 (Special Report) - Will Walmart, not Whole Foods, save the small farm and make America healthy?

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Shopping Spree: Total Online Holiday Spending Nears $30 Billion

Thu, 07 Jan 2010 00:00:00 -0800

TechCrunch - By Leena Rao - Jan. 07 (News Report) - Shopping Spree: Total Online Holiday Spending Nears $30 Billion

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A Price War Brews Between Amazon and Wal-Mart

Tue, 24 Nov 2009 00:00:00 -0800

New York Times - By Brad Stone, Stephanie Rosenbloom - Nov. 24 (Special Report) - For now, it’s a battle of discounts, but Wal-Mart’s long-term goal appears to be stopping Amazon from taking away its business.

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Supermarkets get cold feet over fridge doors

Thu, 01 Oct 2009 00:00:00 -0700

The Guardian - By Fred Pearce - Oct. 01 (News Analysis) - What's the biggest and easiest thing that supermarkets could do to cut their energy bills and reduce their carbon footprint? They all know the answer. Put doors on their fridges.

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Ammo Companies Can't Keep Up With Demand

Wed, 23 Sep 2009 00:00:00 -0700

Associated Press - Sep. 23 (News Report) - Shooting ranges, gun dealers and bullet manufacturers say they have never seen such shortages. Bullets, especially for handguns, have been scarce for months because gun enthusiasts are stocking up on ammo, in part because they fear President Barack Obama and the Democratic-controlled Congress will pass antigun legislation - even though nothing specific has been proposed and the president last month signed a law allowing people to carry loaded guns in national parks.

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From Blockbuster to blockbusted

Wed, 16 Sep 2009 00:00:00 -0700

Salon - By Andrew Leonard - Sep. 16 (Comment) - Blockbuster's problems, in larger part, are of its own making. The company took on too much debt, and was slow to adjust to a changing technology landscape. As the L.A. Times' Ben Fritz reports, "In the second quarter [Blockbuster] lost $39.7 million and saw its revenue decline 22 percent while competitors Netflix and Redbox reported that their revenues grew 20 percent and 110 percent, respectively."

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Walmart's Project Impact: A Move to Crush Competition

Fri, 11 Sep 2009 00:00:00 -0700

Time - By Sean Gregory - Sep. 11 (Special Report) - Walmart was a consistent winner during the worst days of the financial crisis, as frugal consumers traded down. While most retailers are shutting down stores, Walmart has opened 52 Supercenters since Feb. 1.

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Gargantuan helpings of fast food surge in popularity

Sun, 14 Jun 2009 00:00:00 -0700

Kansas City Star - By Joyce Smith - Jun. 14 (News Report) - Restaurants across the land, feeding a trend begun several years ago with the introduction of Hardee’s Thickburger, are offering ever-larger burgers, sandwiches and rich dishes. In this economy, restaurateurs say, they want to give more value for the money. And stressed consumers seem to have a taste for such comfort food. For some diners, words like low fat, diet, organic or healthy are just not on the menu.

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Spent

Thu, 11 Jun 2009 00:00:00 -0700

New Republic - By Amitai Etzioni - Jun. 11 (Opinion) - What needs to be eradicated, or at least greatly tempered, is consumerism: the obsession with acquisition that has become the organizing principle of American life.

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Poor? Pay Up.

Mon, 18 May 2009 00:00:00 -0700

Washington Post - By DeNeen L. Brown - May. 18 (Special Report) - The poorer you are, the more things cost. More in money, time, hassle, exhaustion, menace. This is a fact of life that reality television and magazines don't often explain.

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The End of Excess: Is This Crisis Good for America?

Sat, 28 Mar 2009 00:00:00 -0700

Time - By Kurt Andersen - Mar. 28 (News Analysis) - The popular culture tried to warn us. For 20 years, we've had Homer Simpson's spot-on caricature of the quintessential American: childish, irresponsible, willfully oblivious, fat and happy. And more recently we winced at the ultra-Homerized former earthlings of WALL•E.

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