Retail - Page 2

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The 4 States Killing Walmart

At the end of January, Wal-Mart Stores Inc. (NYSE: WMT) had 4,837 stores across all 50 U.S. states and the District of Columbia. That is 44% of Walmart's global total, ...
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June Retail Sales May Be Softer Than Expected

Retailers are announcing June U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 4.9% year-over-year, marking the largest monthly gain since January 2013. After the ...
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Family Dollar Earnings Will Bring More Pressure From Carl Icahn

Family Dollar Stores Inc. (NYSE: FDO) reported third-quarter fiscal 2014 results before markets opened Thursday. The discount retailer posted adjusted diluted earnings per share (EPS) of $0.85 on revenues of ...
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June Retail Sales Growth Forecast at 18-Month High

If the forecast for retail sales growth is accurate, U.S. retail same-store sales will rise 4.9% in June, marking the largest monthly gain since January 2013. Including comparable store sales ...
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Why Container Store Is Now at Post-IPO Low!

When the Container Store Group Inc. (NYSE: TCS) came public in November last year, the stock price doubled in the first half-hour of trading. Shares peaked at more than $47 ...
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American Apparel Claims Charney is Still Its CEO — Update

UPDATE: Hedge fund Standard General has reached a preliminary agreement to supply $25 million in financing to American Apparel as the company tries to stabilize its finances and reconstitutes its ...
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American Apparel Gives Control to Hedge Fund

The board of directors of troubled fashion retailer American Apparel Inc. (NYSEMKT: APP) has reached an agreement with hedge fund Standard General under which control of the company passes to ...
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Where Are Walmart’s Customers Going?

An improving job market has not helped Wal-Mart Stores Inc.'s (NYSE: WMT) sales. Bill Simon, CEO of Walmart U.S., made that observation to Reuters. What he did not say is ...
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American Apparel Needs a Merger

American Apparel Inc. (NYSEMKT: APP) may need to find a merger candidate or a retailer to buy it out. Battles between current creditors could put it in the untenable position ...
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Why American Apparel May Go Bankrupt

American Apparel (NYSE: APP), already hammered by the dismissal of CEO and founder Dov Charney, may not meet the covenants of key loans which the retailer likely needs to keep ...
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Hedge Fund Pushes for American Apparel Sale

The same hedge fund that forced the sale and breakup of Hostess Brands Inc. now aims to work the same trick on American Apparel Inc. (NYSE: APP). Monarch Alternative Capital ...
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Target Bans Firearms in Its Stores

In a post on the company's official blog site, Target Inc. (NYSE: TGT) said that beginning July 2 the stores will "respectfully request that guests not bring firearms into Target ...
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A Look at RadioShack at $0.99

RadioShack Corp. (NYSE: RSH) watched its stock tumble below $1.00 for the first time on June 20. Two days later the shares posted an all-time low of $0.81. A week ...
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American Apparel May Have to Take CEO Back

When American Apparel Inc. (NYSE: APP) fired its chief executive, the firing triggered a covenant on a $10 million loan that puts the loan into default. In order to cure ...
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Will Poison Pill Squash American Apparel’s Stock Price?

Saying that it will strengthen the company's ability to protect stockholders, American Apparel Inc. (NYSE: APP) announced on Saturday that the company has adopted a one-year stockholder rights plan. The ...
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