Online retailer Overstock.com ended its last fiscal year on a strong note, and now it’s gearing up for an international expansion. Outspoken CEO Patrick Byrne discusses the company, as well as his views on sales tax, short sell…
In this economy, cash-strapped consumers have become more budget conscious and less concerned about appearing cheap. As a result, better-known brands have steadily been losing ground to store-branded food products.
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Retailers got some unexpected love from shoppers in the form of strong February sales. But whether consumers repeat the feat in spring could depend on gasoline prices and how they feel about their finances. So, March could be t…
Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they …
U.S. shoppers piled up the presents under their Christmas trees, but retailers were still a bit disappointed. The Commerce Department’s official tally shows what many suspected: Consumers did most of their holiday buying early …