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As Economic Pains Grow, Retailers Offer Huge Sales (WCBS-TV New York)

While we celebrate the birth of the United States this Fourth of July, it's not without concerns over the state of the nation, especially its economy. Every day brings more news of layoffs, higher prices and wage decreases. So what are retailers doing to counter all of this? They're throwing huge sales, to lure you into the stores.

Opening Glance: Specialty retailers mainly slip (AP via Yahoo! Finance)

Shares of specialty retailers mainly edged lower in morning trading Thursday ahead of the 4th of July holiday. Investors weighed a Labor Department report showing the unemployment rate held steady at 5.5 percent in June, as expected.

Opening Glance: Specialty retailers fall (AP via Yahoo! Finance)

Shares of specialty retailers fell while the broader market was mixed in early trading Thursday, on a light trading day before the July 4 holiday.

Luxury goods retailers fall short in online community building (InternetRetailer.com)

While retailers of luxury goods understand the importance of search engine optimization and offering a wide variety of products online, they fall short in building online communities, according to a new survey from the Luxury Institute.

Force payment up front, say gas retailers (CBC Prince Edward Island)

With incidents of gasoline theft increasing, some retailers on P.E.I. are calling for legislation to force consumers to pay for fuel before they start pumping.