The retail stars look big and bright for Texas. Pitney Bowes Business Insight released its list of the top 10 U.S. metropolitan areas most likely to experience retail success for the rest of this year and into 2010, and Texas cities took four of the top spots.

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As Black Friday approaches, the National Retail Federation (NRF) reported that retail industry sales were flat in October compared with the previous month. This report, which excludes automobile, gas station and restaurant sales, represents a 1.3 percent drop year over year.

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New York–Great visual merchandising should not seem like visual merchandising at all, according to the panelists at Tuesday’s presentation on “Visual Merchandising and Store Design,” hosted by The Luxury Marketing Council at the Haworth showroom in New York City.

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The Deloitte Consumer Spending Index rose again in August, reaching its highest level since October 2007. The index, which monitors consumer cash flow to help predict future spending, moved up to 2.94 percent for August, up from a revised 2.39 percent gain a month ago.

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There will be as many as 10,000 retail store closures by the end of 2009, according to corporate consultancy Grant Thornton LLP.

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Global consumers are increasingly optimistic about the economy, however those in North America remain the exception to the rule.

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Michael Jackson’s charred locks of hair from his disastrous Pepsi commercial shoot are being turned into diamonds.

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Michael Jackson’s charred locks of hair from his disastrous Pepsi commercial shoot are being turned into diamonds.

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