RETAIL - The Salt Lake Tribune http://www.sltrib.com/feeds/topics/RETAIL News from The Salt Lake Tribune en-us webmaster@sltrib.com (Webmaster) U.S. retail sales rise in August on auto purchases http://www.sltrib.com/sltrib/money/58406216-79/percent-sales-august-increase.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58406216-79/percent-sales-august-increase.html.csp">U.S. retail sales rise in August on auto purchases</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-09-12T12:32:47.317-06:00">Updated Sep 12, 2014 12:32PM MDT</span></h5> <div class ="entry-content">Washington • Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending. The Commerce Department said Friday that seasonally adjusted retail sales rose 0.6 percent compared with the prior month. Sales are up 5 percent in the past 12 months. July sales were also revised upward from flat to a 0.3 percent increase. Motor vehicles accounted for roughly half of the August increase. Buying also picked up at restaurant...</div> <h5><a rel="item-license" href="#license-584062162014-09-12T12:32:47.317-06:00" id="#license-2014-09-12T12:32:47.317-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58406216@www.sltrib.com Fri, 12 Sep 2014 12:32:47 MDT Home Depot says Menear will become CEO Nov. 1 http://www.sltrib.com/sltrib/money/58323352-79/company-depot-ceo-menear.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58323352-79/company-depot-ceo-menear.html.csp">Home Depot says Menear will become CEO Nov. 1</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-08-21T17:29:02.149-06:00">Updated Aug 21, 2014 05:29PM MDT</span></h5> <div class ="entry-content">New York • Home Depot said Thursday that Craig Menear, president of its U.S. retail operations, will become president and CEO of the company Nov. 1. Frank Blake has been Home Depot’s chairman and CEO since 2007, and he will remain chairman of the company. Menear, 57, became president of the company’s U.S. retail unit in February and the company said the move was part of a planned succession. Menear has worked for Home Depot since 1997, and the company said he helped revamp its merchandising oper...</div> <h5><a rel="item-license" href="#license-583233522014-08-21T17:29:02.149-06:00" id="#license-2014-08-21T17:29:02.149-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58323352@www.sltrib.com Thu, 21 Aug 2014 17:29:02 MDT Online sites shake up hidebound retailing in India http://www.sltrib.com/sltrib/money/58296700-79/india-online-commerce-amazon.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58296700-79/india-online-commerce-amazon.html.csp">Online sites shake up hidebound retailing in India</a></h4> <span class="author vcard"><span class="fn">By KAY JOHNSON</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-14T09:18:02.557-06:00">Updated Aug 14, 2014 09:18AM MDT</span></h5> <div class ="entry-content">Mumbai, India • Finding a way into India’s vast but vexing market has long frustrated foreign retailers. Now, overseas investors are pouring billions of dollars into e-commerce ventures that are circumventing the barriers holding back retail powers such as Wal-Mart and Ikea. Some investors see India as the world’s next big e-commerce opportunity, with the upcoming mammoth public stock offering of Chinese online giant Alibaba hinting at the potential. Online shopping is still in its infancy in In...</div> <h5><a rel="item-license" href="#license-582967002014-08-14T09:18:02.557-06:00" id="#license-2014-08-14T09:18:02.557-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58296700@www.sltrib.com Thu, 14 Aug 2014 09:18:02 MDT Retail sales across the country were flat during July http://www.sltrib.com/sltrib/money/58292347-79/sales-july-percent-retail.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58292347-79/sales-july-percent-retail.html.csp">Retail sales across the country were flat during July</a></h4> <span class="author vcard"><span class="fn">By JOSH BOAK</span></span> <span class="source-org vcard"><span class="org fn"> The Associated Press</span></span> <h5><span class="updated" title="2014-08-13T09:43:02.233-06:00">Updated Aug 13, 2014 09:43AM MDT</span></h5> <div class ="entry-content">Washington • U.S. retail sales were essentially flat in July, providing evidence that consumers have yet to shed their doubts about the economy despite recent job gains. The Commerce Department said Wednesday that seasonally adjusted retail sales were unchanged in July compared with the prior month. Total sales rose a statistically insignificant $161 million from $439.6 billion in June. Spending dipped at auto dealers and department stores last month. The losses were offset by gains at grocery s...</div> <h5><a rel="item-license" href="#license-582923472014-08-13T09:43:02.233-06:00" id="#license-2014-08-13T09:43:02.233-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58292347@www.sltrib.com Wed, 13 Aug 2014 09:43:02 MDT Hong Kong’s economy slows as tourists spend less http://www.sltrib.com/sltrib/money/58284475-79/percent-hong-kong-economy.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58284475-79/percent-hong-kong-economy.html.csp">Hong Kong’s economy slows as tourists spend less</a></h4> <span class="author vcard"><span class="fn">By Jill Mao</span></span> <span class="source-org vcard"><span class="org fn"> Bloomberg News</span></span> <h5><span class="updated" title="2014-08-11T10:48:02.523-06:00">Updated Aug 11, 2014 10:48AM MDT</span></h5> <div class ="entry-content">Hong Kong — Hong Kong’s economic growth slowed in the second quarter as tourist spending on jewelry and watches plunged, underlining the city’s reliance on Chinese visitors. Expansion from a year ago was weaker than in the first three months, with a bigger slowdown seen in growth from the previous quarter, Hong Kong Financial Secretary John Tsang wrote Sunday on his government blog. He didn’t provide numbers, which will be released Aug. 15. Retail sales in Hong Kong have fallen for five straight...</div> <h5><a rel="item-license" href="http://www.sltrib.com/pages/privacy"> Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58284475@www.sltrib.com Mon, 11 Aug 2014 10:48:02 MDT Retail trade group reduces annual sales forecast http://www.sltrib.com/sltrib/money/58216891-79/sales-retail-annual-forecast.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58216891-79/sales-retail-annual-forecast.html.csp">Retail trade group reduces annual sales forecast</a></h4> <span class="author source-org vcard"><span class="org fn">By The Associated Press </span></span> <h5><span class="updated" title="2014-07-23T16:34:01.612-06:00">Updated Jul 23, 2014 04:34PM MDT</span></h5> <div class ="entry-content">New York • The nation’s largest retail trade group is paring its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering economic woes. The Washington-based National Retail Federation says Wednesday that it now expects retail sales will rise 3.6 percent this year to $3.2 trillion, instead of its original prediction of 4.1 percent released in early February. The figures include sales in stores and online but exclude automo...</div> <h5><a rel="item-license" href="#license-582168912014-07-23T16:34:01.612-06:00" id="#license-2014-07-23T16:34:01.612-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58216891@www.sltrib.com Wed, 23 Jul 2014 16:34:01 MDT Tesco chief executive Philip Clarke to step down http://www.sltrib.com/sltrib/money/58206357-79/clarke-executive-tesco-chief.html.csp <div class="hnews hentry item"> <h4><a class="url entry-title" href="http://www.sltrib.com/sltrib/money/58206357-79/clarke-executive-tesco-chief.html.csp">Tesco chief executive Philip Clarke to step down</a></h4> <span class="author source-org vcard"><span class="org fn">The Associated Press</span></span> <h5><span class="updated" title="2014-07-21T09:44:01.275-06:00">Updated Jul 21, 2014 09:44AM MDT</span></h5> <div class ="entry-content">London • Tesco says Chief Executive Officer Philip Clarke will be stepping down after the latest earnings figures showed Britain’s largest retailer by revenue struggled at home. Tesco announced Monday that Dave Lewis, currently an executive at Unilever, would become CEO in the fall after the company issued a profit warning describing challenging trading conditions. Since being named CEO in 2011, Clarke had taken steps to bolster the company’s U.K. business by striving to improve the customer exp...</div> <h5><a rel="item-license" href="#license-582063572014-07-21T09:44:01.275-06:00" id="#license-2014-07-21T09:44:01.275-06:00"> Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.</a></h5> </div> 58206357@www.sltrib.com Mon, 21 Jul 2014 09:44:01 MDT