Retail

USPS Sorting Center

Can Staples Break the Postal Service?

Union workers for the U.S. Postal Service (USPS) plan to protest a deal between the Post Office and Staples Inc. (NASDAQ: SPLS) that was struck late last summer and has ...
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Amazon.com logo

Sales Taxes Do Indeed Hurt Amazon’s Sales

When Amazon.com Inc. (NASDAQ: AMZN) charges state and local sales taxes for its online purchases, shoppers spend about 10% less. And large purchases fall even more. The data come from ...
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cash register, not full

The 2014 Economic Impact of Easter: Slightly Lower Than 2013

24/7 Wall St. evaluates the cost of many major holidays and events in an attempt to measure what the economic contribution is. The National Retail Federation has a 2014 Easter ...
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Amazon.com logo

Would Amazon Buy Sears?

Every time the M&A market heats up, the number of preposterous ideas for business combinations rises. The market is once again afloat with cheap capital and a number of tech ...
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Rite Aid

Another Key Upgrade for Rite Aid

Rite Aid Corporation (NYSE: RAD) recently received great accolades for its earnings, and Goldman Sachs even gave it an incredible upgrade. On top of the stock still screening cheaply against ...
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Target store

How Target Is Trying to Fend Off Amazon

Target Corp. (NYSE: TGT) isn't about to let Amazon.com Inc. (NASDAQ: AMZN) keep nibbling away its market share, not without fighting back. To that end, the Minneapolis-based variety store operator ...
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shopping cart

Walmart Starts Wire Transfer Service

In yet another foray into the banking business, Wal-Mart Stores Inc. (NYSE: WMT) announced Thursday morning that it is launching a money transfer service that allows customers to transfer funds ...
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Zoes Image

Zoe’s Kitchen Gets Rekindled Interest and Jump, All Over Again

Zoe's Kitchen, Inc. (NYSE: ZOES) must think that another up day in the markets means that it is time to rally just like it was a normal IPO day elsewhere. ...
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Coffee spilled

Why You Should Expect Higher Coffee Prices Ahead

The futures price of coffee has basically doubled since early November, leaving one to ask how long can, say, Starbucks Corp. (NASDAQ: SBUX) go on until it has to boost ...
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JCP-logo

J.C. Penney Down 20% in the Past Week

The wariness about the turnaround at J.C. Penney Co. Inc. (NYSE: JCP) bubbled to the surface again in the past week. The wariness appears to have turned to outright fear ...
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McDonald's

Ronald McDonald Replaced by Farmer Dirk

Ronald McDonald, a spokesman for McDonald's Corp. (NYSE: MCD), has been mothballed. He began to make appearances for the fast-food giant in 1963. Although the company claims he still exists ...
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WAG-2

Will Walgreen Move HQ to Europe?

With more than 7,800 stores worldwide, Walgreen Co. (NYSE: WAG) was the sixth largest U.S. retailer, based on 2012 sales of nearly $67 billion. Virtually all those sales came in ...
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shopping

Retail Sales Blossom in March

Monday morning, the U.S. Census Bureau released advance estimates of retail and food services sales for March. Sales rose 1.1% to $433.9 billion, compared with February sales, and 3.8% year ...
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blue jeans

Coldwater Creek Bankruptcy Is Not a Canary in the Coal Mine

After failing to find a buyer, struggling women’s clothing retailer Coldwater Creek Inc. (NASDAQ: CWTR) has filed for Chapter 11 bankruptcy protection while it liquidates its stock and closes its ...
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179085199

The Next Wave of Dead Retailers

We all know that retailers like J.C. Penney Co. Inc. (NYSE: JCP) and RadioShack Inc. (NYSE: RSH) are in deep trouble. But quarterly results for four other big retailers -- ...
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