Online Shopping to Equal Stores’ This Holiday Season: Deloitte

U.S. consumers plan to spend equal amounts online and in brick-and-mortar stores this coming holiday season, the first time that online spending is forecast to match real-world spending, according to ...
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Thanksgiving Hours for 50 Retailers

U.S. retailers and malls have been puzzling over whether to remain open on the Thanksgiving holiday for a few years now. More than half of all Americans surveyed do not ...
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Walmart's Black Friday

Organization Claims Wal-Mart Sells Pornography

Wal-Mart Stores Inc. (NYSE: WMT) is coming under fire from an anti-pornography group for selling photo books the group says depict nude children and contain other exploitative materials. The National ...
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Why a Slight Loss Is Holding Groupon Way Back

Groupon Inc. (NASDAQ: GRPN) released its third-quarter financial results after the markets closed on Wednesday. The company posted a net loss of $0.01 per share and $720.5 million in revenue. ...
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Albertsons Updates Finances Again in Most Recent IPO Filing

Albertsons Companies has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 65.31 million ...
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Texas girl

Online Holiday Shopping to Be Nearly 50% of Sales

The desperate situation of retailers is about to become worse. Holiday shoppers intend to spend 47% of their money online, according to a new survey. E-commerce has only been in ...
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Target Recalls 127,000 Halloween Lights That Could Choke Children

According to the Consumer Product Safety Commission, Target Corp. (NYSE: TGT) has recalled 127,000 Halloween light products. The lights were made in China. The agency wrote: Name of product: LED ...
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Nearly 140 Million People Hate Thanksgiving Store Openings

The Thanksgiving weekend, which includes Black Friday, has bedeviled large retailers. Do they open Thanksgiving night, or at midnight going into Friday? Do they pressure workers to work when they ...
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17 Retail Brands With Highest Brand Loyalty

We took a look on Wednesday at the new 2016 Brand Loyalty survey results and the 20 brands at the top of the rankings. Of the 100 brands included in ...
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denim work shirt

Tractor Supply Earnings Aren’t Enough for Investors

When Tractor Supply Co. (NASDAQ: TSCO) released its third-quarter financial results after the markets closed on Wednesday, the company reported $0.67 in earnings per share (EPS) and $1.54 billion in ...
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Walgreens Earnings OK, Extends Rite Aid Merger Deadline

Walgreens Boots Alliance Inc. (NASDAQ: WBA) reported fourth-quarter and fiscal-year 2016 results before markets opened Thursday. The drugstore chain reported adjusted diluted earnings per share (EPS) of $1.07 on net ...
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Why Chinese Buyers Would Want to Acquire GNC

GNC Holdings Inc. (NYSE: GNC) could be up for grabs, according to a recent Wall Street Journal report. The important question in this discussion is not necessarily how much the ...
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Macy's in the mall

Macy’s to Open at 5 pm on Thanksgiving

Macy's Inc. (NYSE: M), the desperate retailer, will open its doors on 5 p.m. on Thanksgiving, a way to get a jump on dozens of retailers that will not be open at ...
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Beer Taps

Why New Hampshire Drinks More Beer Than Any Other State

According to a Beer Institute 2015 study, the U.S. beer industry generates $252.6 billion in economic activity each year, about 1.5% of total U.S. gross domestic product. Drinking-age Americans ...
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Sears store

Can a New CFO Save Sears?

Sears Holdings Corp. (NASDAQ: SHLD) announced Friday morning that it has promoted Senior Vice President Jason Hollar to chief financial officer, effective immediately. Not exactly fresh blood, as Hollar has ...
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