Content Tagged As retail

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  • Economists: Economy may be growing faster

    March 13, 2013 10:16 AM

    WASHINGTON - One economist says it looks like the impact of higher Social Security taxes and higher gasoline prices "hasn't been too bad." Paul Dales of Capital Economics is reacting to today's report on retail sales. The Commerce Department says Americans boosted their retail spending by 1.1 percent last month... more »
  • Juban Crossing back on track Play Video

    January 11, 2013 5:44 PM

    DENHAM SPRINGS - Construction at the Juban Crossing site restarted a few weeks ago, and Livingston Parish President Layton Ricks says the shopping center will become a reality. The major retail developed planned along I-12 has suffered through delays since the economic dip starting in 2008. He says developers... more »
  • Baton Rouge retail spending up 6 percent in Oct.

    December 28, 2012 9:03 AM

    BATON ROUGE - Retail spending in East Baton Rouge Parish rebounded in October after two lackluster months, rising 6 percent compared with the same month the year before. The latest sales tax collection figures released by the city-parish show businesses and consumers spent $647.7 million, up from $611.1 million... more »
  • Audit: Restaurant inspections don't ensure safety

    November 26, 2012 2:32 PM

    BATON ROUGE - A new audit says Louisiana's Office of Public Health has fallen short in its inspections of restaurants and other retail establishments that serve food, failing to ensure the meals are safe. The audit says the state issued permits to restaurants that didn't correct past violations, rarely assessed... more »
  • Holiday shoppers head online in droves to pick up Cyber Monday deals

    November 26, 2012 2:17 PM

    NEW YORK - Cyber Monday appears on track to becoming the biggest online shopping day ever, and web traffic isn't expected to peak for another several hours. IBM Benchmark says, as of noon Eastern time, sales were up more than 24 percent compared with last year. And ComScore says nearly... more »
  • Stocks open lower on new fiscal cliff warning

    November 26, 2012 10:29 AM

    NEW YORK - Stocks are opening lower after a warning from White House economists dampened what had been a huge weekend for retailers. Shoppers flooded stores in record numbers over the weekend, according to the National Retail Federation. The organization said 247 million shoppers visited stores and shopping websites during... more »
  • Dow climbs 172 in a Black Friday rally

    November 23, 2012 3:57 PM

    NEW YORK - Stocks rallied in an abbreviated session on Wall Street. The Dow Jones industrial average shot up 172 points to 13,009. That's the first close above 13,000 for the Dow since Election Day. The Standard & Poor's 500 index rose 18 points to 1,409. The S&P also racked... more »
  • Sandy knocks off big chunk of retail sales

    November 6, 2012 3:32 PM

    NEW YORK - A retail data service says Superstorm Sandy knocked off nearly $4 billion of retail sales last week in the hard-hit Mid-Atlantic and Northeast region, nearly 20 percent of the usual total. MasterCard Advisors' SpendingPulse says Tuesday that the region, which accounts for about 24 percent of retail... more »
  • Gas prices, cars push US retail sales up 0.9 pct.

    September 14, 2012 8:11 AM

    WASHINGTON - U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending. The Commerce Department says retail sales increased a seasonally adjusted 0.9 percent.... more »
  • US retail sales fell 0.5 percent in June

    July 16, 2012 8:45 AM

    WASHINGTON - Americans cut their spending at retail businesses for a third straight month, as a weak job market has made consumers more cautious. The Commerce Department says retail sales fell 0.5 percent in June from May. That followed declines of 0.2 percent and 0.5 percent in the previous... more »
  • Baton Rouge retail spending up 8 percent in Feb.

    April 17, 2012 7:11 AM

    BATON ROUGE - Retail spending by businesses and consumers in East Baton Rouge Parish rose 8 percent in February, the strongest February in four years. That's according to figures from the city-parish Finance Department. Based on sales tax collection figures, February had $626.8 million in total spending compared to $579.2... more »
  • That Santa feeling hasn't quite left shoppers yet

    December 27, 2010 4:10 PM

    NEW YORK - Forget the returns line: Americans hit the stores after Christmas to buy stuff, indulging the rediscovered retail appetite that may have made 2010's holiday shopping season the biggest ever. Revenue for the holiday season is on track to grow at its strongest rate since 2006. Total spending... more »
  • Holiday 2010: The year the shoppers came back

    December 25, 2010 9:43 AM

    NEW YORK - Shoppers came back in force for the holidays, right to the end. After two dreary years, Christmas 2010 will go down as the holiday Americans rediscovered how much they like to shop. People spent more than expected on family and friends and splurged on themselves, too, an... more »
  • Holiday shoppers sprint to end; retail revenues up

    December 22, 2010 2:21 PM

    CHICAGO - Holiday shoppers are racing to the end of the season at a more feverish pace this year, with retail revenue up 5.5 percent during the last weekend before Christmas. The figure, released by ShopperTrak on Wednesday, is a drastic improvement from a year ago, when revenue dropped 6.2... more »
  • Sales tax increase approved to pay for Juban Crossing

    December 20, 2010 7:28 PM

    LIVINGSTON - The Livingston Parish Council has approved a one-cent sales tax increase to help pay for development of a new retail center. Developers of the Juban Crossing retail center asked the parish for the increase after being turned down by the state. Supporters of the tax said... more »
  • Monroe woman pleads guilty in $175K theft

    March 16, 2010 5:16 AM

    A Monroe woman has pleaded guilty to selling about $175,000 worth of stolen merchandise over the Internet. Federal prosecutors say Stephanie R. Payne stole more than 11,000 items from a Monroe retailer between October and December 2009 and listed them for sale on eBay. Payne faces a maximum sentence of... more »
  • La. woman gets prison for $2M theft

    March 11, 2010 5:33 AM

    A former bookkeeper for a Louisiana retail company has been sentenced to more than three years in prison for embezzling nearly $2 million from her employer. Diann Tallieu, of Gretna, was ordered pay $1.9 million in restitution. Prosecutors say Tallieu had the authority to sign checks from one of her... more »
  • Weak holiday retail forecast

    October 6, 2009 7:21 AM

    The National Retailers Federation predicted a 1 percent decline in total sales for November and December combined, giving a lackluster outlook for the upcoming holiday shopping season. The projection from the world's largest retail trade group came amid forecasts that U.S. retailers saw a key measure of sales drop... more »

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