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Chanel’s Lagerfeld Goes For Tomboy Look
Chanel’s fall-winter ready-to-wear collection is not intended to be unisex but it will show off a woman’s strength, says the line’s designer, Karl Lagerfeld.
Chanel’s Lagerfeld Goes For Tomboy Look
Chanel’s fall-winter ready-to-wear collection is not intended to be unisex but it will show off a woman’s strength says the line’s designer, Karl Lagerfeld.
Buffett Slams Administration, Tax Policy
Warren Buffett says the Bush administration favors the wealthy with its tax policies. The “Oracle of Omaha” says the country could eliminate personal income taxes for everyone if 540 taxpayers…
McD’s Registers Double-Digit Gains
McDonald’s saw total sales grow 22.6 percent and same-store sales 14 percent in February compared to the same period last year.
Independents Winning Against Chains
Independent grocers in upstate New York have learned how to compete with the likes of Wal-Mart and Wegman’s.
Cub Foods Closing Store
Cub Foods is closing its store in Onalaska, Wisconsin in May because of low sales. Seventy-seven full and part-time employees will be affected.
Boys Personal Care Brands Debut In Target
A new company, OT OverTime LLC, which has a licensing agreement with Procter & Gamble, will begin selling a line of personal care products marketed to boys 9 to 16…
Organic Wines Finding Market
Farmers are turning to sustainable farming methods to produce an increasing amount of organic wine.
Wal-Mart Board Meets In China
Wal-Mart held its first annual board meeting in China this week. The retailer bought $15 billion in goods from state-run companies last year.
Circuit City Offers Internet Phone Service
Circuit City customers will now be able to sign up for Vonage Internet phone service with the first two months free and no activation charge.
Sears Sales Up 1.1 Percent
Retailers reported strong sales increases in February with one big exception, Sears, which said sales were up only 1.1 percent for the month compared to the same time last year.
Wal-Mart Faces Cultural Discrimination
An editorial on the American Spectator web site says people in positions of power don’t want Wal-Mart in their town because it appeals more to NASCAR enthusiasts than it does…
CEO: New Beer Company To Lead Markets
The combined company of Interbrew and AmBev will have beer brands that are either number one or two in 15 markets around the world, says John F. Brock, Interbrew’s chief…
Low-Carb Vending
It was just a matter of time before the low-carb craze made its way to vending machines. Pure Foods, out of Beverly Hills, is introducing machines that include Atkins’ shakes…
Fewer Jobs Added Than Expected
Only 21,000 new government jobs were added in February, while private sector hiring remained flat.
Sorensen Named To Fast Company’s Fast 50 List
Herb Sorensen, founder and president of Sorenson Associates and a member of the RetailWire BrainTrust was named as one of the Fast 50 in this year’s Fast Company magazine global…
San Marcos Votes Against Second Wal-Mart
More than 60 percent of the voters in the Southern California community of San Marcos decided that one Wal-Mart was enough. A resolution to rezone an area to allow for…
Tesco To Enter China
Wal-Mart won’t be alone in China as Tesco is said to be close to buying a half share in an operator of 25 hypermarkets in the country.
AutoZone Profits Up 16 Percent
The auto parts retailer saw profits increase 16 percent as the company increased sales to garages even as over-the-counter transactions fell.
Layoffs At Nash Finch
Nash Finch laid off 70 employees at its retail division to try and become more competitive with the likes of Wal-Mart and Costco.
SuperTarget Opens In Durham, NC
Consumers in Durham, NC no longer have to drive to Raleigh to shop at Target. A brand new 177,000 square-foot SuperTarget just opened up in town.
Target To Open 25 New Stores
Target will open 25 new locations around the country on Sunday March 7.
Target To Open 25 New Stores
Target will open 25 new locations around the country on Sunday March 7.
Lifestore Creator On To Clothes For M&S
Vittorio Radice, the creator of Marks & Spencer’s new Lifestore concept and the former head at Selfridge’s, has been given the job of turning the M&S apparel business around.
Ahold Fired, Disciplined Nearly 100
Ahold’s chief executive, Andreas Moberg, said the company has fired 39 executives and managers and disciplined another 60 for their parts in the accounting scandal that has rocked the retailer.
Walgreens and CVS Fight For Cinci Shoppers
Walgreens is opening another new store in Cincinnati as the competition between it and CVS heats up in the downtown area.