Reuters - U.S. chain stores reported a rise in sales during the first week of May, but at a slower pace as retail stores reported mixed results, a report said on Tuesday.

Joanna Wypior - AHN Staff Reporter New York, NY (AHN) – Stocks climbed its way to the top on Thursday, as solid retail sales numbers for April and crude oil closed below the crucial $70 a barrel mark. The Dow Jones Industrial Average garnered its best showing in nearly 6 years. The Dow...

AP - Assets of the nation's retail money market mutual funds fell by $1.45 billion in the latest week to $843.44 billion, the Investment Company Institute said Thursday.

Asian Development Bank (ADB) sees the soaring global oil prices as a ‘considerable&#­146; risk to Bangladesh’s economy and suggests that those must immediately be adjusted at retail level to avoid any serious...

Ameriquest Mortgage Co. and Town and Country Credit will close all 229 of their branch offices and lay off 3,800 workers in an effort to consolidate retail mortgage lending operations. The parent company of both businesses, ACC Capital...

AFP - Eurozone indicators to be released in the coming week are expected to show a continued strengthening in business confidence and a modest recovery in retail sales.

Reuters - A glut of retail assets on the auction block could make it harder for companies to make a quick sale.

AFP - Indian share prices closed up 1.61 percent at a new record, led by strong retail buying in index-linked software and automobile stocks in a special session to test software, dealers said.

AP - Assets of the nation's retail money market mutual funds fell by $13.07 billion in the latest week to $844.90 billion, the Investment Company Institute said Thursday.

Reuters - Washington Mutual, Inc., the largest U.S. savings and loan, on Sunday said it agreed to buy out Commercial Capital Bancorp, Inc. for $983 million to strengthen its commercial and retail banking business.

AP - Assets of the nation's retail money market mutual funds rose by $835.3 million in the latest week to $857.90 billion, the Investment Company Institute said Thursday.

Bank of America Corp.'s reported 14 percent rise in first quater profits Thursday, due to lending from consumers to corporations, revenue from newly acquired credit card company MBNA Corp. and higher interest rates. Nation's largest retail...

AP - Assets of the nation's retail money market mutual funds fell by $2.44 billion in the latest week to $857.03 billion, the Investment Company Institute said Thursday.

Reuters - U.S. retail sales rebounded modestly in March from a February dip while new claims for unemployment benefits, while up, still pointed to a healthy job market, government reports on Thursday showed.

Homeplus, the South Korean retail chain owned by Tesco and Samsung, is chosen as one of two preferred bidders to buy Carrefour's stores. The French retailer says it had picked Homeplus and Korean firm Lotte Mart but gave no...

Reuters - Sales at U.S. retail stores rose modestly in March, aided by stronger sales at new-car dealers, while February's sales decline was revised to a smaller drop than previously reported, a government report on Thursday showed.

AP - Shoppers got back in the buying groove in March, sending sales at the nation's retailers up by 0.6 percent.

Reuters - Giorgio Armani reported a 10 percent rise in 2005 revenues to 1.428 billion euros as the Italian designer opened new boutiques around the world and pushed further into duty-free retail.

Reuters - Ross-Simons, which sells specialty merchandise through retail stores and more than 60 million catalogs each year, late on Tuesday said a security breach could allow unauthorized access to its customers' confidential financial information.

AFP - Kingfisher, the biggest European home-improvements retailer, has announced the appointment of Daniel Bernard, former chairman and chief executive of French retail giant Carrefour, as deputy chairman.