About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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Shoppers were up in arms regarding accusations that Whole Foods Market has been overcharging consumers for its prepackaged food, including several who threatened to boycott its stores. The accusations were brought by New York City’s Department of Consumer Affairs, which said on Wednesday that after testing 80 various package types from the high-end grocer, all …
A National Retail Federation poll finds that 29 percent of households with children ages 6 to 17 plan to spend more on back-to-school shopping this year—up from 24 percent in 2014. That jump is mirrored by an expected increase in spending on college-bound students, with the federation results finding that 30 percent of households with …
Some companies are removing items, deemed by some as racially insensitive, from shelves.
The recent data breach involving four million government workers is an unpleasant reminder of how vulnerable our digital information has become. On the consumer side, high-profile breaches at Target and Home Depot are just two examples of dozens of similar cases. Surprisingly, many retail and financial-services executives think that data breaches have become so common that …
When paying rent eats up half your paycheck, it makes sense to be on the prowl for bargains. Snagging name-brand merchandise at a discount is about to get a whole lot easier for cash-strapped New York City residents, when Staten Island’s Empire Outlets opens late next year. ( Tweet This) Home to stores including Nordstrom …
Hudson Yards is making a massive investment in brick & mortar retail.
Malls are making changes to stay relevant amid the rise of online retail.
Tiffany and Michael Kors reported very different results. Tiffany beat, while Michael Kors reported its slowest sales growth since it started trading.
Best Buy bucked the retail trend, reporting both profit and sales that topped Wall Street’s forecasts.
Lumber Liquidators CEO Robert Lynch unexpectedly quit on Thursday, less than a month after the embattled company’s chief financial officer also stepped down. Shares of Lumber Liquidators plunged 17 percent at the open. The stock has lost more than two-thirds of its value since late February. (Get the latest quote here.) Earlier this month the company …
Johnson & Johnson outlines a strategy to revive growth at its analyst meeting.
Target reported earnings and revenue that topped analyst estimate, citing strong demand for products at the center of its new growth plan.
Walmart, the world’s largest retailer, reports a big earnings miss and says it has a lot of obstacles working against it.
It’s a big week for retail earnings and some of the world’s most recognizable stores are facing some very big obstacles.
Walmart is taking on Amazon, but how will the battle shakeout?