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Covering the latest news in the retail industry

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Online Coupon Fraud Grows

Supermarkets are restricting the use of Internet coupon in an effort to cut out fraudulent redemptions.

Scientists Assess Mad Cow Risk

Experts believe that even if tainted meat from a cow idenfitied with BSE was eaten, there is little risk to those who consumed it.

Fedex Buys Kinko’s

FedEx has agreed to acquire the privately-held Kinko’s copy center chain for $2.4 billion.

McD’s Stock Upgraded

JP Morgan has raised its rating on McDonald’s stock from “overweight” from “underweight.”

FAO Sells Fifth Ave. Store

FAO Inc., has agreed to sell its Fifth Avenue flagship store in New York and its Las Vegas Forum Shop to the investment firm of D.E. Shaw & Co.

Report: Coke Interested In Parmalat

A report out of Australia says Coca-Cola Amatil may have an interest in purchasing some of Parmalat’s businesses in the dairy and yogurt drink categories.

Bakers Want Share of Low-Carb Sales

Low-carb bread may sound like an oxymoron but bakers are responding with new products targeted at the Atkins and South Beach diet crowd.

Discounters Gain Music Share With Exclusive Deals

Wal-Mart, Target, Best Buy and other big box retailers are snapping up share of popular music sales with exclusive deals signed with recording artists from The Rolling Stones to Britney…

Online Retail Sales Jump

Online retailers had plenty to smile about this holiday season with record-setting performance.

Returns Down, Sales Up Post Christmas

Retailers are reporting that bargain shoppers were out in force looking for post-Christmas discounts. Stamford Town Center in Stamford, Conn. reported fewer merchandise returns than in years past.

Pink Pitches For Pepsi

Pop-star Pink has signed on a the newest spokesperson for Pepsi’s international marketing efforts.

Pet Product Sales Growing Strong

Sales of pet products expected to be up five percent this year according to the American Pet Products Manufacturers Association.

$5000 TV’s Are Big Holiday Seller

Manufacturers and retailers have been caught off-guard by the strong demand for expensive rear-projection television sets this holiday season.

Americans Buying More Luxury Items

Retailers of luxury items are reporting a marked increased in consumer demand for products from Maserati automobiles to jeweled watches. An improving economy is being credited for Americans’ new desire…