By Phil Wahba and Jessica Wohl NEW YORK/CHICAGO (Reuters) - Cooler than usual weather and belt-tightening by shoppers still struggling with higher payroll taxes and stubborn unemployment dampened sales last quarter at chains from Macy's Inc to W... [Full Article]
By Phil Wahba (Reuters) - Macy's Inc reported higher first-quarter profit and sales on Wednesday as it won market share from rival department stores. Its shares were up 2.8 percent to $48.72 in early-afternoon trading, hitting a record high. The... [Full Article]
By Phil Wahba (Reuters) - A number of top U.S. retailers reported disappointing April sales on Thursday as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country. Wall Street analysts got ahead of t... [Full Article]
By Jonathan Allen NEW YORK (Reuters) - Controversial fashion designer John Galliano, who was fired by Christian Dior over his anti-Semitic tirades, lost another job after Parsons The New School for Design canceled his workshop because he refused to h... [Full Article]
NEW YORK (AP) - Parsons The New School of Design in New York City has canceled a four-day workshop by the controversial fashion designer John Galliano. (Source: Associated Press)... [Full Article]
(Reuters) - Target Corp is rolling out Cartwheel, a service that combines social networking and discounts, the latest attempt by a U.S. retailer to lure shoppers into its physical stores rather that seeing them buy from online rivals. Target said its... [Full Article]
LONDON (Reuters) - Britain's weak economy has taken its toll on the nation's poshest greengrocer with Prince Charles forced to close his organic vegetable store, citing falling trade and rising prices. Prince Charles, the heir to the throne... [Full Article]
By Phil Wahba (Reuters) - J.C. Penney Co Inc, recognizing it made mistakes in its attempt to re-invent itself last year, launched a social media campaign on Wednesday that asked shoppers who left in droves to come back. Last year, sales plunged 25 pe... [Full Article]
SALT LAKE CITY (AP) - A Samurai sword-wielding Mormon bishop helped a neighbor woman escape a Tuesday morning attack by a man who had been stalking her. (Source: Associated Press)... [Full Article]
BEIRUT (AP) - A church official says two bishops who were abducted by gunmen while traveling in northern Syria have been released. (Source: Associated Press)... [Full Article]