Brands + Retail

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  • The new 'Swatch Touch Zero One' is seen on a screen during the Swiss watchmaker's annual news conference in Corgemont
    Swatch CEO signals plans to add to smartwatch range: Swiss paper

    Swatch plans to add to its new smartwatch range, the Swiss watchmaker's chief executive told a newspaper in an interview published on Saturday. The Biel, Switzerland-based company is competing with Apple …

    The new 'Swatch Touch Zero One' is seen on a screen during the Swiss watchmaker's annual news conference in Corgemont

    Swatch plans to add to its new smartwatch range, the Swiss watchmaker's chief executive told a newspaper in an interview published on Saturday. The Biel, Switzerland-based company is competing with Apple and other watchmakers in the budding smartwatch market. "Our product is called Touch Zero One and that gives enough …

  • A shopper pushes a cart in front of a Wal-Mart store in Mexico City
    Wal-Mart profit miss estimates; cuts outlook as pharmacy margins bite

    Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its full-year forecast on Tuesday, citing investments in staffing and weaker margins in its U.S. pharmacy business.

    A shopper pushes a cart in front of a Wal-Mart store in Mexico City

    Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its full-year forecast on Tuesday, citing investments in staffing and weaker margins in its U.S. pharmacy business.

  • An Egg McMuffin meal is pictured at a McDonald's restaurant in Encinitas, California
    McDonald's No. 1 choice for 'Breakfastarians': poll

    McDonald's Corp, which is expected to offer all-day breakfasts starting this fall to turn around slumping U.S. sales, is the top choice for "Breakfastarians," who crave breakfast food at any hour, according …

    An Egg McMuffin meal is pictured at a McDonald's restaurant in Encinitas, California

    McDonald's Corp, which is expected to offer all-day breakfasts starting this fall to turn around slumping U.S. sales, is the top choice for "Breakfastarians," who crave breakfast food at any hour, according to a new survey obtained by Reuters on Monday. Forty-one percent of consumers who eat breakfast twice a day consider …

  • Apple denies plan to sell mobile services directly to consumers

    Apple Inc , the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied …

    An Apple retail store is shown amid construction in San Francisco

    Apple Inc , the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied to sell its products. Business Insider had on Monday reported that the iPhone maker was testing a so-called mobile …

  • Verizon's workers say no strike for now, union talks continue

    Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired. Since June, the …

    Verizon workers take part in a rally as they negotiate a union contract in New York

    Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired. Since June, the unions have been in talks with Verizon over the company's plans to cut costs by controlling healthcare and pension-related …

  • Canada, Mexico push for $3 billion in sanctions against U.S

    Canada and Mexico will seek World Trade Organization authorization to impose over $3 billion in sanctions against U.S. exports in retaliation against contentious meat-labeling laws, the two nations said …

    The World Trade Organization WTO logo is seen at the entrance of the WTO headquarters in Geneva

    Canada and Mexico will seek World Trade Organization authorization to impose over $3 billion in sanctions against U.S. exports in retaliation against contentious meat-labeling laws, the two nations said on Thursday.

  • McDonald's all-day breakfast is going nationwide

    McDonald's will soon serve breakfast any time of the day nationwide beginning October 6.

    McDonald's all-day breakfast is going nationwide

    McDonald's will soon serve breakfast any time of the day nationwide beginning October 6.

  • Impact of the Slowdown in China’s Retail and Financial Sectors

    The financial sector is the largest sectoral component of all four mutual funds. So how the sector performs will have a major impact on the returns of these funds.

    The financial sector is the largest sectoral component of all four mutual funds. So how the sector performs will have a major impact on the returns of these funds.

  • What Do Recent Retail Sales Trends Indicate?

    After the June figures not meeting the expectations, investors had a smile on their faces when the July retail sales number increased 0.6% month-over-month, beating the consensus of 0.5%.

    After the June figures not meeting the expectations, investors had a smile on their faces when the July retail sales number increased 0.6% month-over-month, beating the consensus of 0.5%.

  • The Relationship between the Retail Industry and the US Economy

    When we compare the S&P 500 (SPX) with the SPDR S&P Retail ETF (XRT), the retail ETF has beaten the broad market index on a trailing one-year basis.

    When we compare the S&P 500 (SPX) with the SPDR S&P Retail ETF (XRT), the retail ETF has beaten the broad market index on a trailing one-year basis.

  • Web Performance May Usher In New Era for Walmart’s Sam’s Club

    Walmart’s (WMT) Sam’s Club segment posted sales of $14.7 billion in 2Q16. That was down 0.9% compared to 2Q15. Results were affected by lower energy prices.

    Walmart’s (WMT) Sam’s Club segment posted sales of $14.7 billion in 2Q16. That was down 0.9% compared to 2Q15. Results were affected by lower energy prices.

  • Wal-Mart cuts hours amidst wage pressures

    Several weeks of belt tightening at Wal-Mart included asking workers to leave shifts early or take two-hour lunches.

    Wal-Mart cuts hours amidst wage pressures

    Several weeks of belt tightening at Wal-Mart included asking workers to leave shifts early or take two-hour lunches.

  • Same-Store Sales Trends for Walmart and Its Peers

    Walmart’s store comps were up 1.5% year-over-year in 2Q16. In contrast, Target reported same-store sales growth of 2.4%.

    Walmart’s store comps were up 1.5% year-over-year in 2Q16. In contrast, Target reported same-store sales growth of 2.4%.

  • Walmart and Target Report Very Different 2Q16 Earnings

    Walmart’s adjusted EPS (earnings per share) for 2Q16 fell short of expectations at $1.08, down 10.7% over 2Q15. Target's adjusted EPS rose 20.6%, ahead of Wall Street estimates.

    Walmart’s adjusted EPS (earnings per share) for 2Q16 fell short of expectations at $1.08, down 10.7% over 2Q15. Target's adjusted EPS rose 20.6%, ahead of Wall Street estimates.

  • Why Dollarama can sell off-brand versions of name-brand chocolate bars

    Ever notice how some of the off-brand chocolate bars at Dollarama look strangely familiar?

    Dollarama infringing on Mars' trademark with 'mockolate' bars, says lawyer

    Ever notice how some of the off-brand chocolate bars at Dollarama look strangely familiar?

  • Wal-Mart's holiday layaway launches this week

    Wal-Mart is kicking off its layaway program two weeks earlier than in 2014, to coincide with a massive toy push.

    Wal-Mart's holiday layaway launches this week

    Wal-Mart is kicking off its layaway program two weeks earlier than in 2014, to coincide with a massive toy push.

  • Wal-Mart boosts holiday layaway, eyeing Star Wars toy launch

    (Reuters) - Wal-Mart Stores Inc said it will bring forward its holiday layaway program by two weeks, as the world's largest retailer hopes to get a jump on year-end demand and fuel sales of soon-to-be-launched …

    People talk outside a Wal-Mart Pickup-Grocery test store in Bentonville

    (Reuters) - Wal-Mart Stores Inc said it will bring forward its holiday layaway program by two weeks, as the world's largest retailer hopes to get a jump on year-end demand and fuel sales of soon-to-be-launched Star Wars toys. The company will kick off the program that allows shoppers to pay for holiday gifts and other …

  • Teen retail resurgence? Abercrombie shares soar

    Abercrombie & Fitch reported same-store sales that vastly improved from the first quarter.

    Teen retail resurgence? Abercrombie shares soar

    Abercrombie & Fitch reported same-store sales that vastly improved from the first quarter.

  • How Are Consumer Confidence and the Retail Sector Related?

    Consumer confidence is one of the major factors that affect consumer spending. As a result, the retail sector has had a direct relationship with this metric.

    Consumer confidence is one of the major factors that affect consumer spending. As a result, the retail sector has had a direct relationship with this metric.

  • Canada's complex liquor laws under spotlight in New Brunswick trial

    It's not exactly breaking news that Canada has sometimes perplexing alcohol laws.

    Canada's complex liquor laws under spotlight in New Brunswick trial

    It's not exactly breaking news that Canada has sometimes perplexing alcohol laws.