Customers spending more than $10K a year account for nearly half of Neiman Marcus sales: CEO
Neiman Marcus Group CEO Geoffroy van Raemdonck noted on Monday that customers spending more than $10,000 a year account for almost half of the company’s sales despite economic challenges.
Neiman Marcus CEO reveals consumer trends
Neiman Marcus Group CEO Geoffroy van Raemdonck reveals whether market volatility has impacted his customers' spending habits and how much consumers spend a year at his stores.
Neiman Marcus CEO: Wealthy shoppers focusing on luxury brands
Neiman Marcus Group CEO Geoffroy van Raemdonck discusses if inflation and higher interest rates are impacting his rich clientele on 'Cavuto: Coast to Coast.'
Back to school 2022: Tax-free sales by state
Here's a complete list of back-to-school sales tax holidays in the U.S. that cover school supplies, computers, clothing and more this year, according to the Federation of Tax Administrators.
Family Dollar recalls over 400 products that were improperly stored
Family Dollar issued another recall for hundreds of products that were accidentally shipped to stores from early May through June 10, according to a notice posted by the FDA.
Changing inflation starts with putting a 'stake in the heart of the American consumer': Business adviser
Gerald Storch, former Toys 'R' Us CEO and current Storch Advisors CEO responds to news that consumers are shifting to less expensive items amid inflationary pressures.
Inflation pushes consumers to consider private labels over name brands
With inflation impacting everyone, consumers are now re-thinking what products they are buying at the store and even reaching for more in-house brands, experts say.
FedEx cutting out deliveries in some markets on Sundays
People living in more rural parts of the United States may soon have to wait longer for their deliveries after FedEx announced it is cutting back its Sunday deliveries in some areas.
Macy's opening four smaller format stores outside malls this fall
The retailer is doubling down on its Market by Macy's and Macy's Backstage store formats with new locations in metro-Atlanta, St. Louis and Chicagoland.
Toys R Us looking to make brick and mortar retail comeback in time for the holidays
Toys R Us flagship stores will be located in Atlanta, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco and San Jose.
Amazon hits Facebook group administrators with lawsuit over fake product reviews
The fake reviews have targeted hundreds of products available on Amazon's stores in the United States, United Kingdom, Germany, France, Italy, Spain and Japan.
Semiconductor shortage is chipping away at car safety features
Some automotive safety features are getting harder to find as automakers remove technology from vehicles to navigate the ongoing semiconductor shortage.
Monday's trading: 5 things to know
Construction sentiment expected to show while conditions are good, rising costs, higher input prices and inventories affecting homebuilders
Consumer sentiment rises unexpectedly from record low
Consumer confidence rose in July, surprising economists who expected another decline after sentiment hit a record low last month amid soaring inflation.
June retail sales climb more than expected as Americans confront searing-hot inflation
The Commerce Department released new data on retail sales on Friday morning, revealing that U.S. households are still in a strong position despite the hottest inflation in decades.
Amazon slashing private-label selection amid weak sales: report
Amazon has decided to cut back on the number of products it sells under its own private labels as sales slow. It has also discussed exiting the private-label business entirely.
Despite high inflation, back-to-school spending projected to hit $37B
One-third of consumers are saving in other areas in order to cover the cost of back-to-school supplies for the upcoming year as inflation rises, hitting a new four-decade high in June.
Amazon Prime Day skirts inflation
Prime members saved a record $1.7 billion on more than 300 million items worldwide during this year's two-day extravaganza.
Victoria's Secret shares plunge by double digits after management layoff
Stock prices for Victoria's Secret plummeted Wednesday after the company announced it was firing 5% of its management executives, saving roughly $40 million annually.
Amazon Prime Day: Inflation not stopping the American consumer
JMP Securities internet equity research analyst Nick Jones and Kearney Consumer Institute lead Katie Thomas discuss how inflation could affect the annual big deal event on 'The Claman Countdown.'



















