It was just on January 5 that we called the news on J.C. Penney Company, Inc. (NYSE: JCP)... Bad News Is Good News! Our take was that the company big ... Read Full Story »
Former Apple (NASDAQ: AAPL) retail chief Ron Johnson, hired to achieve a turnaround at JCPenney (NYSE: JCP), is off to a terrible start. The wobbly department store company may not ... Read Full Story »
Eurozone ministers reject a settlement between private bondholders and Greece. (Reuters) Macy’s (NYSE: M) sues Martha Stewart Omnimedia (NYSE: MSO) over a deal the media company did with JCPenney (NYSE: ... Read Full Story »
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: ... Read Full Story »
J. C. Penney Company, Inc. (NYSE: JCP) is getting hit pretty hard this morning. While current investors will not appreciate the drop, this is actually great news for those investors ... Read Full Story »
Customer service surveys cannot entirely distinguish between true, direct customer service on the one hand and brand perception and reputation of the company providing the service on the other. A ... Read Full Story »
What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a ... Read Full Story »
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears ... Read Full Story »
Still No Eurozone Rescue. The rescue of the financially weak eurozone nations becomes more confused by the day. U.S. Treasury Secretary Geithner continues to tour the region. He wants to convince area ... Read Full Story »
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) ... Read Full Story »
J. C. Penney Company, Inc. (NYSE: JCP) is a company which many investors and outsiders expect to be in a transformation. The first such addition under new management is a ... Read Full Story »
A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in ... Read Full Story »
Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and ... Read Full Story »
A number of retailers reported earnings this morning, and the results might be summarized as “mixed” at best. Wal-Mart Stores Inc. (NYSE: WMT), Home Depot Inc. (NYSE: HD), Saks Inc. ... Read Full Story »
The U.S. Supreme Court will hear arguments about the Obama health care law. (Reuters) Angela Merkel says Europe may face its greatest crisis since World War II. (Reuters) Italy’s Monti ... Read Full Story »