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Wary holiday shoppers forced retailers to heavily discount items during December, ultimately handing merchants decent sales but raising worries about consumer spending in the new year. Major chain stores posted a 4.5% sales increase in December compared...
Superstorm Sandy pummeled retail sales in November despite a robust Black Friday weekend, raising worries about whether merchants can make up enough ground during the remaining holiday season. Major chains posted a 1.6% increase in retail sales in...
L.A. at HomeHow2recycle label: An improved, easier-to-understand recycling label is rolling out in consumer products from companies such as General Mills, REI and Costco....
Money & CompanyThe nation's retailers recorded a moderate increase in sales last month as consumers reined in their spending after splurging on back-to-school shopping and cautiously sized up the coming holiday season. On Thursday, major chain stores reported a 3.4%...
Money & CompanyShoppers appeared to be more cautious last month in spending for clothing and other items as rising gas and food prices took up a bigger chunk of their disposable income. Major retail chains reported a modest 4.9% gain in sales......
Retail Roundup: Monthly sales, H&M's latest collaboration, Borders partners with Build-A-Bear, Costco condemns veal supplierMoney & CompanyRetail sales Retailers posted surprisingly solid August sales numbers thanks to heavy discounts during the back-to-school season, which drove healthy levels of traffic and sales. Tax-free holidays that were held in several states in August provided an...
Money & CompanyThe California Public Employees' Retirement System, a fund with a long history of corporate-governance activism, is claiming significant success with a nearly year-old initiative to pressure companies in which it invests to elect directors only with...
Money & CompanyThe Commerce Department said retail sales fell last month, a surprising development given that many major retailers have been reporting relatively healthy holiday results. Retail sales in December totaled $353 billion, a 0.3% decline from November, the...
Sol Price, who changed the retail industry by founding the landmark warehouse chain Price Club, has died. He was 93. Price died of natural causes Monday at his home in La Jolla, according to a statement released by his family. "He was an innovator, he...
Times Staff WritersSecond in a Series On a recent Wednesday, 72-year-old veterinarian Charles Hendricks filled up his Mercury Grand Marquis at a Chevron in west Anaheim. On the other end of town, 22-year-old sandwich store manager Ryan Ketchum gassed up his Nissan Sentra...
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