Retail News

Atlanta - The American Customer Satisfaction Index for 2013 is out and there are some mixed messages for the retail sectors. For the first time since 2001, customer satisfaction within the Internet Retail categories have fallen almost 5 percent.

New Delhi - Flipkart, India's answer to US online giant Amazon, said Saturday its sales would cross the milestone $1 billion-mark this year, ahead of schedule, in the country's exploding e-commerce market.Founded in 2007 by two ex-Amazon.com employees and universi...

New Delhi - Indian mobile giant Bharti said Friday it was scouting for a new partner to replace Walmart in a retail joint venture with reports saying it was in talks with France's Carrefour and Japan's AEON.The new partner would replace Walmart, the world's bigges...

Sales for many U.S. retailers rose in February, as shoppers ventured out later in the month after a dismal start when ice, cold and snow kept many of them at home.

New York - Target's chief information officer has resigned as the retailer overhauls its information security practices in the wake of a giant customer data breach, the company said Wednesday.Beth Jacob, who was in charge of Target's computer systems since 2008, ...

Paris - Carrefour, the world's second-largest supermarket group, said Wednesday net profit rose 2.4 percent last year, helped by strong growth in South America and a recovery in its home market of France.

Frankfurt - Adidas, the German maker of sportswear and equipment, said Wednesday it expects 2014 to be a successful year after it met all of its targets for 2013.

New York - US consumer electronics retailer RadioShack said Tuesday it would close up to 1,100 stores, one fifth of its total, in an effort to turn the struggling chain around.Chief executive Joseph Magnacca said the move was necessary after tough competition and...

New York - US electronics retailer Radio Shack said Tuesday it would close up to 1,100 stores, one fifth of its total, in an effort to turn the struggling chain around.Chief Executive Joseph Magnacca said the move was necessary after tough competition and lower t...

Strong U.S. retailer results this week have bumped up discretionary earnings estimates, which could give some relief to worries about pricey valuations for the sector.