J.C. Penney Down 5% on Weak Retail Sales Data
As data for the Black Friday weekend begins to accumulate, it is becoming clear that the weekend was not a rousing success for retailers.
As data for the Black Friday weekend begins to accumulate, it is becoming clear that the weekend was not a rousing success for retailers.
Following the Black Friday strikes at more than 1,600 Walmart locations across the United States, fast-food workers will walk off the job in 160 cities on Thursday.
In general, as a plane’s capacity rises, so do its costs. Airlines try to offset rising prices by stuffing in a few more seats and with new fees charged to passengers.
The last time a barrel of crude oil sold for less than $64 was July 2009.
For the first time since being introduced, Chromebooks outsold iPads in U.S. classrooms during the third quarter of 2014.
On average, the cheapest gallon of regular gasoline in the United States this Monday morning is available in St. Louis.
Boeing sponsors an annual Aviation Geek Fest, and Bloomberg reported that tickets for this year's celebration sold out in three minutes.
November new light vehicle sales will be announced on Tuesday, and auto industry analysts expect decent growth year-over-year.
The week after the Thanksgiving holiday stacks up to be another quiet one on the IPO front.
Courtesy of JeepAutomakers will report U.S. new car sales for November on Tuesday, and analysts expect another month of growth. The analysts at Kelley Blue Book (KBB) are forecasting light vehicle sales of 1.27…
ThinkstockOnline traffic and sales posted new milestones over the past two days, with mobile traffic accounting for 52.1% of all online traffic on Thanksgiving Day and 49.6% of all traffic on Black Friday. Mobile…
ThinkstockExperts have already begun to mention the chance that the average price for a gallon of regular gasoline will drop below $2 in some parts of America. There are several states where this is…
One of the questions often asked by retail experts and investors is whether bricks-and-mortar companies and e-commerce operations can afford to deeply discount a large portion of the products they sell. If not, many…
courtesy of Wal-Mart StoresIt’s a marketing adage that keeping an existing customer is both cheaper and easier than wooing a new one. It takes time and money to become one of America’s most popular…
ThinkstockWest Texas Intermediate (WTI) crude oil for January delivery tumbled below $66 a barrel on Friday and closed at $66.15, down 10.5%, the lowest settlement in five years. Brent crude slipped 3.4% in London…
The Best Buy (NYSE: BBY) website is down. The site’s front page says “We’re sorry. BestBuy.com is current not available. Check back soon” What a disaster on Black Friday Company description, per Yahoo!…
ThinkstockTotal online traffic on Thanksgiving Day rose 14.3% this year compared with 2013, but the average order value was about 2% less. Mobile traffic accounted for over half (52.1%) of all online traffic, up…
blackfridayprotests.orgFor the third consecutive year, strikes and protests are taking place at Wal-Mart Stores Inc. (NYSE: WMT) locations around the country. Protesters are seeking minimum pay of $15 an hour and full-time work on…
ThinkstockAbout one-third of all data breaches in the retail sector are traceable to a third-party vendor. That’s what happened earlier this year when The Home Depot Inc. (NYSE: HD) were hit with a hacking…
ThinkstockThanksgiving Day online shopping posted some good news and some not-so-good news. As of 6:00 p.m. ET on Thanksgiving Day, online sales are up 12.2% compared with the same period a year ago and…