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MPs call for ban on pub happy hours and low supermarket prices
Pub happy hours and drinks promotions should be banned, and supermarkets prevented from selling loss-leading alcohol in a bid to combat drunk and disorderly crime, a group of MPs have said. After recognising the dramatic effect that cheap alcohol has onmore
Cash-strapped shoppers resort to buying on old-fashioned layaway
Nov. 10--Michelle and Scott Cherveny had Christmas toys in their shopping cart and a simple explanation Friday for why they stood in the layaway line at Kmart in Duluth. ' 'Cause we're broke,' Michelle said. The Chervenys are one of many familiesmore
Starbucks 4Q profit drops 97 pct on closure costs
NEW YORK -- Fewer U.S. customers and venti-sized costs for closing poorly performing stores led to lower sales and profit in the fourth quarter at Starbucks Corp., the company said Monday. Seattle-based Starbucks said profit fell 97 percent to $5.4more
About that $300 laptop at Wal-Mart...
Wal-Mart announced a selection of in-store discounts, including a 15-inch Compaq laptop for $298, that would be part of a one-day, in-store sale. That day, November 8, has come and gone, but what about the remaining supplies of the participating laptop,more
NEWS: Starbucks Steals Some Election Day Coverage With Last-Minute Promotion
Starbucks was able to leverage serious traction from its latest guerrilla-marketing stunt. Advertising Age reports today that the coffee chain?s last-minute Election Day promotion, offering free coffee to customers who voted or just asked for it,more
After-Hours Movers 11/10: Wynn Resorts (WYNN) Up on S&P 500 Add , Starbucks (SBUX) Falls On Results
StreetInsider.com After-Hours Movers: LodgeNet (Nasdaq: LNET) 24% HIGHER; Billionaire Mark Cuban Discloses 9.9% stake. EnerNOC (Nasdaq: ENOC) 11% HIGHER; reports Q3 loss of $0.16, 9 cents better than the analyst estimate of ($0.25). Revenue for themore
7-Eleven V-com terminals to get Moneygram's money transfer services
Business Wire: MoneyGram International, a global payment services company, and ATM provider Cardtronics have announced that MoneyGram money transfer and ExpressPayment urgent bill payment services will be offered through 2,250 advanced-function ATMsmore
Starbucks 4Q Net Falls 97%; Cuts Store-Growth Plans
Starbucks Corp.'s(SBUX) fiscal fourth-quarter net income fell 97% amid restructuring charges and a continued slump in U.S. sales, as the company continued to redefine its brand. The company also cut its international store-growth plans for the new yearmore
What Circuit City's bankruptcy means for consumers
'Just a week after saying it was closing some stores to get its finances in order, Circuit City on Monday filed for bankruptcy protection. It will help keep creditors like Sony, Microsoft, Toshiba, and many others who have yet to receive payment formore
Starbucks profit tumbles, shares off
LOS ANGELES (Reuters) - Starbucks Corp (SBUX.O: Quote, Profile, Research, Stock Buzz) posted lower quarterly profit on Monday on weakness in its U.S. business and began booking charges related to closing 600 domestic stores. The Seattle-based coffeemore
Circuit City is a chilling foretaste of what could await us in Britain
The bankruptcy of Circuit City is a chilling foretaste of what could await us in Britain. Two years ago, the second-biggest electronics retailer in the United States was worth more than $5 billion. Yesterday, the equity was wiped out. It has already axedmore
Slowest retail sales trend since 1974 seen
WASHINGTON (MarketWatch) -- The election heard around the world has ushered in a political sea change throughout the United States. But Barack Obama. the president-elect, can't look forward to smooth sailing. The recession, persistent distress in themore
Starbucks profit and outlook disappoint
LOS ANGELES: Starbucks said net profit dropped 97 percent to $5.4 million (3.4 million pounds), after it took $105.1 million in charges related to its restructuring and turnaround efforts, and its shares fell about 2 percent in after-hours trading.more
Survey: Apple, Dell compete for holiday shoppers
Apple's MacBook, shown on the left, and Dell's Studio 15, at right, are vying for consumer attention this holiday season. Two-thirds of prospective PC buyers in the U.S. plan to buy either a MacBook or a Dell laptop this holiday season, according to amore
OfficeMax Partners With Safeway to Provide Office Products and School Supplies to Grocery Stores
NAPERVILLE, Ill., Nov. 10 /PRNewswire-FirstCall/ -- OfficeMax(R) Incorporated , a leader in office products and services, today announced a partnership with Safeway Inc. , one of the largest food and drug retailers in North America, to distribute officemore
Business Minute: Stocks turn lower...New AIG bailout...Circuit City files Chapter 11..
Extract not available.more
Retail Cargo Hits Four-Year Low
Expecting weaker holiday sales, many store owners are trimming inventories, retailers say. Cargo volume at the nation's major retail ports continued to drop last month, as retailers trimmed inventories and braced for a weaker holiday shopping season, themore
Starbucks fourth quarter profit drops 97 per cent on closure costs
NEW YORK - Fewer U.S. customers and venti-sized costs for closing poorly performing stores led to lower sales and profit in the fourth quarter at Starbucks Corp., the company said Monday. Seattle-based Starbucks said profit fell 97 per cent to US$5.4more
Burger King Corp. Gives Holiday Shoppers a Chance to Win a Wii(TM) System with the Purchase of a BK(R) Crown Card
MIAMI--(BUSINESS WIRE)-- Burger King Corp. (NYSE: BKC) announced today a holiday sweepstakes that encourages family-friendly competition by offering consumers a chance to win one of 500 Wii(TM) systems with the purchase of a BK(R) Crown Card. Each BK(R)more
Economic worry hounds Wall Street, Starbucks down late
as investors worried about the outlook for a raft of companies from General Motorsmore
Starbucks 4Q Profit Drops 97 Pct on Closure Costs
Starbucks says its profit dropped 97 percent in its fourth quarter mainly because of the costs of closing underperforming stores and also falling sales in the U.S. Seattle-based Starbucks Corp. says profit fell to $5.4 million, or a penny a share, frommore
Coffee Yes, Starbucks No
The good news for a struggling Starbucks: The recent economic slump hasn't quashed Americans' tastes for gourmet coffee. From Pete's Coffee to McDonald's (nyse: MCD - news - people ) to Dunkin' Donuts, the market's awash in successful imitators, despitemore
Starbucks profit tumbles, shares off
LOS ANGELES -- Starbucks Corp has posted lower quarterly profit on weakness in its US business and began booking charges related to closing 600 domestic stores. The Seattle-based coffee chain reported fiscal fourth- quarter net income of $US5.4 million,more
Circuit City’s Prospects Mixed: Analysts
New York The rosiest projection, by Banc of America Securities David Strasser, envisions a vastly smaller multiregional chain, with 200 to 300 stores at best. In a research note, Strasser said he expects the company will look to close significantly moremore
Starbucks Fourth-Quarter Profit Drops 97%
NEW YORK -- Fewer U.S. customers and venti-sized costs for closing poorly performing stores led to lower sales and profit in the fourth quarter at Starbucks Corp.(SBUX Quote - Cramer on SBUX - Stock Picks), the company said Monday. Seattle-basedmore
Starbucks profits dive by 97%
Profits at Starbucks collapsed 97 per cent in the fourth quarter of the year after the ubiquitous coffee chain was forced to absorb the effect of weakening demand and the cost of closing stores earlier this year. As the group admitted to the earningsmore
New York Braces for a Retail Plunge
Across the country, thousands of retailers have been forced to close their doors because of financial difficulties. But in New York City, American and international tourists still roam Manhattan's glamorous Fifth Avenue, buying expensive trinkets atmore