The Supply Side

by The City Wire staff -

June retail sales indicate modest growth

Consumer spending and retail sales ended the second quarter on a soft note, indicating that economic growth and acceleration has weakened, according to the National Retail Federation. June retail sales,…

by The City Wire staff -

The Supply Side retailer briefs

• Barnes & Noble CEO resigns 
Barnes & Noble Inc. executive William Lynch stepped down as CEO this week, effective immediately. The resignation comes on the heels of weak sales…

by The City Wire staff -

Target founder Dayton, dies

Douglas Dayton, a retail pioneer in his own right, died Sunday (July 7) at the age of 88. 
 He was born into retail and took over the family’s downtown…

by The City Wire staff -

Wal-Mart cans contract with Paula Deen

It’s been a bad week for Southern cooking celebrity Paula Deen, as lucrative corporate endorsements continue to slip through her hands, the most recent being a multimillion dollar contract with…

by The City Wire staff -

The Supply Side: Retailer business briefs

• Federal authorities seize 14 franchises of 7-Eleven Convenience store giant 7-Eleven said it will require an internal review of personnel records among its 5,600 franchise owners after federal authorities…

by The City Wire staff -

Retailers report stronger sales in May

Improved consumer confidence and spending helped drive up retail sales in May. The National Retail Federation reports May retail sales (excluding automobiles, gas stations and restaurants) increased 0.6% (seasonally adjusted)…