Hacker pleads guilty to huge theft of card numbers

A computer hacker who was once a federal informant and was a driving force behind one of the largest cases of identity theft in U.S. history pleaded guilty Friday in a deal with prosecutors that will send him to prison for up to 25 years.

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Sears faces tough test this holiday season

The holiday season is expected to be difficult for most retailers, but it could prove especially tough for one of the nation’s most storied brands: Sears.

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Hacker indictment greeted with muted response

Federal authorities are calling it the largest hacking and identity theft case yet. But this week's indictments of 11 people who allegedly plundered millions of payment card numbers might not seriously dent the underworld where such crimes occur.

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11 charged in connection with credit card fraud

Authorities have cracked what is believed to be the largest federal hacking and identity theft case ever, involving the theft and sale of more than 41 million credit and debit card numbers.

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The world's largest retailer, Wal-Mart, now plans to hold on to customers even after they die - by selling coffins. Prices range from a "Mom" or "Dad Remembered" steel coffin for $895 (£540), to a bronze model at $2,899.

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Home Depot, a top US home improvement retailer, said Monday it would cut 7,000 jobs as part of restructuring to cope with a deepening recession.

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Despite emerging from bankruptcy last October, Goody's LLC has again filed for Chapter 11 bankruptcy and announced plans to liquidate the rest of its nearly 300 stores.

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Circuit City Stores Inc., the nation's second-biggest consumer electronics retailer, said Friday it had run out of options and will be forced to liquidate its 567 U.S. stores. The closures could send another 30,000 people into the ranks of the unemployed.

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WASHINGTON (Reuters) - Recession-wary Americans embraced the virtues of thrift this Christmas, with stores reporting a clear rise in the popularity of piggy banks.

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NEW YORK (CBS) -- The bad economy has been particularly hard on retailers, but now they are getting hit again -- this time by shoplifters. There has been a shoplifting surge across the country.

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Excerpt: Seeking to avoid a repetition of the Black Friday tragedy in which a Wal-Mart employee was crushed to death as a throng of shoppers walked over him in their haste to buy holiday sale items, City Councilmember James Gennaro announced plans to protect store employees and s …

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NEW YORK (CNNMoney.com) -- In five short days, it could be the beginning of the end for some of the nation's malls.

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Getting Ready for the Holidays during Economic Stress

Getting Ready for the Holidays during Economic Stress By Scott Kreisberg

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Improving Customer Relations And Building Customer Loyalty

Improving Customer Relations And Building Customer Loyalty By Peter Pishko Director of Quality Assurance, One Step Retail Solutions

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On Being Unique: Part 1

On Being Unique: Using customers and employees to maximize the shopping experience By Peter Pishko Part I: How is it that some companies are able to expand in this time of economic strife while others cannot?

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Recession-wary shoppers aren't the only ones finding big bargains in the dollar stores. Investors are, too. The stock market might be suffering one of its most painful slumps ever, but shares of stores that sell the cheapest items are ringing up gargantuan gains.

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Peet's Coffee & Tea: Sometimes More Is Not Better

"The best part of waking up is Peet's in your cup!" Wait, hold up that doesn't sound right.

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Consumer electronics chain Best Buy Co. Inc. is establishing a foothold in the European market with a $2.1 billion investment in t ...

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Want to use Jesus handcream? Well, you can't anymore. At least not in Singapore. A Singapore-based retailer pulled a line of cheeky Jesus-branded cosmetics from its shelves after complaints from irate Catholics, the Straits Times newspaper reported today.

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Online T-shirt retailer Threadless has announced it will be opening its first brick-and-mortar retail store in its hometown of Chicago next month.

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DALLAS - While Soldiers await the arrival of the new Army Combat Uniform, the Army & Air Force Exchange and Army G-1 Uniform Policy Section are receiving numerous complaints regarding commercial retailers offering look-alike uniforms that do not meet the Army's specifications for …

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CompUSA, the computer and gadget retailer owned by Mexican billionaire Carlos Slim, said on Tuesday it would close more than half of its U.S. retail locations over the next two to three months to focus on top performing locations.

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CHICAGO (Reuters) - A U.S. retailer has been deluged with angry messages since an employee sent an e-mail to an American soldier in Iraq saying "if you were sensible, you and your troops would pull out of Iraq."

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State officials in Wisconsin are responding to complaints that the giant retailer's banners and signs may mislead consumers.

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Best Buy, and other retail chains (such as Express, KB Toys, the Sports Authority, Staples, and Guess) are reconsidering "the customer is always right" to stem the tide of losses at the hands of what some executives describe as "devil shoppers." In addition to training store emp …

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Susan Leibowitz figured she had found the ideal present for a retiring co-worker moving cross-country--a $615 gift card from Target (TGT ).

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Wal-Mart expands $4 generic drug program Wal-Mart Stores Inc. is expanding a program offering $4 prescriptions for some generic drugs to 14 more states, two weeks after rolling out the low-cost program in Florida, the world''s largest retailer said Thursday....

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