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Wal-Mart has suspended many high profile employees in India in the face of its internal probe in the bribery scandal. According to Bloomberg, the chief finance officer (CFO) and a number of other employees; possibly the legal time have been suspended, but...

CHICAGO, Nov. 24, 2012 — /PRNewswire/ -- Black Friday proved to be a mixed bag for retailers, as retail foot traffic increased over last year, but retail sales decreased slightly. ShopperTrak, the world's largest counter of retail foot traffic,...

ARMONK, N.Y., Nov. 24, 2012 /PRNewswire/ -- According to IBM (NYSE: IBM), US shoppers once again took advantage of early promotions this holiday season, driving a 17.4 percent increase in online sales Thanksgiving Day. This increase set the stage for 20.7...

Toys"R"Us may be in the throes of an intensely competitive holiday season, but several recently announced initiatives are designed to position the company for success beyond Christmas 2012. Expanding its presence in global e-commerce, as well as Asia, the company is launching a dedicated web store, Toysrus.com.cn, in China. Toys"R"Us is also developing mobile-optimized sites and apps for iOS and Android in 11 markets around the world, including Australia, Canada, France, Germany, Japan, Spain and the U.K. Tablet-optimized sites will be available in select markets as well.

CNBC's Jane Wells reports long lines are forming outside the struggling electronics chain, as the official start to the holiday buying season begins.

In today's digital-driven shopping world, at least one tried-and-true retail shopping channel, the print catalog, retains a vital role for consumers and companies that continue to mail catalogs. And as we enter the holiday shopping season, consumers are eagerly perusing catalogs as an integral part of the gift-buying process. According to a new survey commissioned by the American Catalog Mailers Association (ACMA), 66 percent of consumers say they peruse the catalogs they receive; in comparison, according to other studies, consumers look at just 42 percent of all advertising mail they receive.

Benetton is among the few brands that have splurged on the $5,000 a head mannequins that spy on shoppers with facial recognition software. The implanted cameras aren't looking for shoplifters, however. They're logging gender, age and race. The technology, once used to identify criminals at airports, is now used in three European countries and right here in the US of A to help contour shopping experiences based on the creeper mannequins’ findings.

Every November, as retailers dig deep into their bag of tricks, battling each other and their online counterparts for your wallet, the demand for innovation often sparks collaborations with new startups and their novel technologies. For Best Buy, this means partnering with Nashville-based startup eco Interactive, which specializes in "card-linked offers." These are deals tied directly to customers' credit cards through partnerships forged with banks, such as Ally Bank and Fifth Third Bank, two of edo's current collaborators, which consumers can redeem just by swiping said credit cards.

BOSTON, Nov. 23, 2012 /PRNewswire/ -- Leading private sale site Rue La La announced today that it recorded record-breaking Thanksgiving Day sales and traffic across online and mobile. The company reported a more than 75% increase in mobile sales over last...