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After a season full of peaks and valleys, retailers' 2011 holiday sales beat expectations, rising 4.1 percent to $471.5 billion — slightly surpassing NRF's holiday sales forecast of 3.8 percent growth. 

Matthew Shay, president and chief executive officer of the National Retail Federation, unveiled the organization's predictions for 2012 at NRFs 101st Annual Convention and Expo in New York City yesterday. The NRF predicts that retail industry sales will...

New York City -- ShopperTrak reported Monday that national retail sales, when compared with the same period last year, rose 3.5% during November and December, while foot traffic decreased 3.1%. “We know stores saw less foot-traffic and increases in sales...

A fringe Christian pressure group has attributed Tesco's recent poor sales to divine intervention, claiming that "God has answered our prayers for confusion in the Tesco boardroom." Christian Voice, a prayer and campaigning organization that claims to have nearly 2,000 members across the U.K., protested outside Tesco shops towards the end of last year over the company's decision to sponsor a family area at the Gay Pride celebrations in London.

Zappos sent an email to customers informing them of a security breach. The letter said the database that stores critical credit card and other payment data wasn't affected, but some customer information may have been accessed.

Company Now Owns 71.7% of Leading Direct Selling Health & Wellness Brand GREENWICH, Conn., Jan. 16, 2012 /PRNewswire/ -- Blyth, Inc. As part of the closing, Blyth issued a total of approximately 340,000 restricted shares of Blyth common stock to...

eBay sellers can now check sold item data going back 60 days in some categories, up from 15 days. Sellers use the data to calculate average selling prices, which helps them to price their products and helps with procurement decisions. eBay has increased...

It's not totally out of the ordinary that Walgreens would make public its issues with Express Scripts after it failed to reach agreement on a new contract with the pharmacy benefits manager. What's unusual is that not only did Walgreens attempt to win the...

Sporting-goods giant Nike says a decision to give Indonesian workers $1 million in unpaid overtime demonstrates a commitment to fighting workplace misconduct. A national trade union representing nearly 4,500 employees from the PT Nikomas plant, which makes shoes for Nike, said they worked more than 600,000 hours over a two-year period without pay.

The Company's ANN Cares(R) initiative raises record amount to help save children's lives by supporting St. Jude while shopping during the holiday season NEW YORK, Jan. 16, 2012 /PRNewswire/ -- ANN INC., the parent company of Ann Taylor and LOFT,...