Retail

Groupon logo

Alphabet, Amazon, Wal-Mart, eBay: Who Might Buy Groupon?

Five years ago, Groupon Inc. (NASDAQ: GRPN) turned down a $6 billion buyout offer from Google, now Alphabet Inc. (NASDAQ: GOOGL). Less than a year later, the company staged an ...
Read Full Story »

Kohl’s Falls Flat on Holiday Quarter Update

Kohl’s Corp. (NYSE: KSS) slumped in Thursday’s session following a financial update for its current fiscal year. The numbers fell well below what analysts had expected. The company reported that ...
Read Full Story »
cardigans in fall colours

January Retail Sales Look to Be on the Soft Side

Retailers were announcing January U.S. same-store sales figures Thursday morning, and research firm Retail Metrics had forecast a year-over-year increase of just 0.3% for the month. For the fourth-quarter, Retail ...
Read Full Story »
blue cart

Lowe’s Using Acquisition to Expand in Canada

After an on-again, off-again courtship, Lowe's Companies Inc. (NYSE: LOW) is finally headed for the altar with Canada's Rona. Lowe's is paying about $2.3 billion in an all-cash transaction for ...
Read Full Story »
JCP appliances

Deutsche Bank Has 3 Consumer Favorite Top Pick Retail Stocks for 2016

Despite the fact that some on Wall Street discount the effect that lower gasoline prices have on the U.S. consumer, the bottom line is we are experiencing one of the ...
Read Full Story »
Mt. Rushmore

Best Buy Launches President’s Day Appliance Bargains

There's nothing very romantic about a new microwave or refrigerator, so Best Buy Co. Inc. (NYSE: BBY) has skipped the Valentine's Day holiday and pushed right on ahead a week, ...
Read Full Story »
Money close-up

How Michael Kors Knocked Earnings out of the Park

Michael Kors Holdings Ltd. (NYSE: KORS) reported its fiscal third-quarter financial results before the markets opened on Tuesday. The company had $1.59 in earnings per share (EPS) on $1.40 billion ...
Read Full Story »
Shoppers

January Retail Sales Growth Estimate a Meager 0.2%

Same-store sales for the month of January were weak, but still a couple of ticks higher than January 2015. But fourth-quarter earnings look to be far worse — down 1.4%. ...
Read Full Story »
Super Bowl 50 logo

Amazon Offers Super Bowl Deals on Prime Now

Amazon.com Inc. (NASDAQ: AMZN) has joined the army of retailers that have launched special sales as part of the lead up to Super Bowl 50. The e-commerce giant's management decided ...
Read Full Story »
DJI Phantom Professional drone

Best Buy Cuts Prices on Drones

Drones were one of the big sellers during the recent holiday season. According to the Federal Aviation Administration (FAA), nearly 300,000 owners registered their drones after the agency created a ...
Read Full Story »
Amazon.com logo

Amazon Promotes Big Screen TVs for Super Bowl 50, Fire HD10 for $50 Off

That Amazon.com Inc. (NASDAQ: AMZN) is offering promo pricing on big screen TVs in the week before Super Bowl 50 is probably no surprise. This is traditionally a good week ...
Read Full Story »
Walmart checkout

Walmart Best Performing Dow Stock Of 2016

A few months ago, Walmart (NYSE: WMT) found itself consigned to the retail junk yard. Too big. Too many more modest sized big box retailers. Amazon (NASDAQ: AMZN). No longer ...
Read Full Story »
self checkout

Amazon Revenue Reaches Half of Wal-Mart US Sales

Amazon.com Inc. (NASDAQ: AMZN) posted revenue of $35.7 billion in its most recently reported quarter, up 22% from the same quarter a year ago. Wall Street was disappointed not only ...
Read Full Story »
Best Buy store

Best Buy’s Future: Smaller, Differentiated, More Specialized

As brick-and-mortar retail electronics chains continue to bleed in the face of growing competition from Amazon.com Inc. (NASDAQ: AMZN) and now Alibaba Group Holding Ltd. (NYSE: BABA) internationally, the future ...
Read Full Story »
Alibaba

What to Look For in Alibaba Earnings

Alibaba Group Holding Ltd. (NYSE: BABA) is scheduled to report its fiscal third-quarter financial results before the markets open on Thursday. The consensus estimates from Thomson Reuters call for $5.81 ...
Read Full Story »