US retail sales rose 0.1% month-over-month in April following a jump of 6.6% in March. The difference is likely attributed to the warmer weather and the early Easter holiday pulling ... Read Full Story »
Food processor J.M. Smucker Co. (NYSE: SJM) announced this morning that it was lowering the price on its coffee brands by an average of 6% “in response to sustained declines ... Read Full Story »
Lost in the last night’s commotion over the $2 billion loss at JPMorgan Chase & Co. (NYSE: JPM) were weak reports from retail Nordstrom Inc. (NYSE: JWN), Kohl’s Corp. (NYSE: ... Read Full Story »
Sears (NASDAQ: SHLD), Overstock (NASDAQ: OSTK), and Abercrombie & Fitch (NYSE: ANF) are not particularly well-regarded as brands or particularly well-liked by Wall St. Perhaps coincidentally, each shows up near ... Read Full Story »
Macy’s Inc. (NYSE: M) reported first quarter results this morning that beat estimates on both EPS and revenues. The soft spot was the company’s guidance, and that is taking the ... Read Full Story »
JCPenney (NYSE: JCP) was set to be the next Sears or Kmart. But then Ron Johnson came on as CEO after a run as the head of Apple’s (NASDAQ: AAPL) retail ... Read Full Story »
PetMed Express Inc. (NASDAQ: PETS) is far from your usual company. The company specializes in online drug orders for your pets and it is arguable enough that the company could ... Read Full Story »
Groupon Inc. (NASDAQ: GRPN) may still be a troubled stock compared to the recent IPO trends. A couple of issues are helping it overcome some woes so far today. The ... Read Full Story »
McDonald's Corporation (NYSE: MCD) is supposed to be the king of defensive stocks. It pays a dividend of close to 3%, it was the best performing DJIA component in 2011, ... Read Full Story »
Sotheby's (NYSE: BID) is almost magically trading lower this morning on a sell-the-news reaction after the auction house (and oldest listed company on the NYSE) posted a record auction price of ... Read Full Story »
Barnes & Noble Inc. (NYSE: BKS) may be back in favor after the huge $600 million or so investment from Microsoft Corporation (NASDAQ: MSFT). Jana Partners disclosed in April that ... Read Full Story »
Visa, Inc. (NYSE: V) and Mastercard Incorporated (NYSE: MA) should both be trading higher this morning if you were only looking at the earnings reports from Wednesday. Both credit card ... Read Full Story »
Retailers are reporting April same-store sales today and it looks like the predictions for modest growth will come true. Research firm Retail Metrics Inc. forecast that same-store sales would grow ... Read Full Story »
Whole Foods Market, Inc. (NASDAQ: WFM) has managed to turn in yet another solid earnings report. The organic and natural foods grocer (and luxury store) has turned in $0.64 EPS ... Read Full Story »
Retailing giant Target Corp. (NYSE: TGT) will discontinue selling the Kindle family of tablets and e-readers by this summer. The Kindle devices are made by Amazon.com Inc. (NASDAQ: AMZN), and ... Read Full Story »