Luxury Stocks fare well... for now

Though luxury brands are weathering the economic slowdown--both Hermes and Bottega Veneta reported double-digit percent growth in the second fiscal quarter--some may be relying too heavily on new markets to supplement the deceleration in more mature markets.

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Massmart's food retail appetite grows

Massmart has acquired a bite of the R125 billion independent food retail market, arguing that the traditional supermarket groups had achieved limited success in luring shoppers from independent retailers and spaza shops.

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Calvin Klein launches U.S. e-commerce site

Pegging e-commerce as central to its growth, luxury apparel and home brand Calvin Klein has launched an e-commerce site at Calvinklein.com.

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In-Store retail advertising Ccauses as many woes as wows

The Wall Street Journal's Emily Steel describes the latest in in-store video advertising and RFID. Digital screens have finally become affordable for the majority of stores.

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Wal-Mart gives Coughlin $6.7 million

Wal-Mart can afford millions for a former executive who stole from them, but paying their hard working hourly associates a little more?

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Wal-Mart settles suit against Coughlin

Wal-Mart sued Coughlin in 2005 in Benton County Circuit Court, claiming it should not have to pay Coughlin because he embezzled hundreds of thousands of dollars from the company. The benefits were estimated at between $12 million and $16 million.

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Retailing icon Mickey Drexler doubles down

The merchandise must be both fresh and popular, because the current retail environment, says Drexler, is the worst he's seen during his 40 years in the business.

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Luxury bedding retailer Pioneer Linens gives consumers convenient access to better quality sleep

Pioneer Linens is one company that has for years invested in the lives of people by providing them with convenient access to obtain the high quality products that can help give them a better lease on life

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