The Season to Be Jolly? Maybe Not for Sears, J. Crew, Penney’s
Several struggling retailers face a make-or-break holiday season. Sales have been lagging, cash flows have been drying up, and borrowing is getting more expensive.
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Is GameStop Back After Strong Q3?
GameStop Corp. (NYSE: GME) reported its fiscal third-quarter financial results after the markets closed on Tuesday. The company posted $0.54 in earnings per share (EPS) and $1.99 billion in revenue, compared with consensus estimates…
Why Lowe’s Earnings Won’t Invigorate Investors
Home improvement retailer Lowe's reported Q3 results Tuesday morning that were slightly better than analysts' consensus expectations. Investors have not been rewarding that kind of performance and so it may be with Lowe's.
Toys ‘R’ Us Helps Hyundai Sell Cars
Toys “R” Us is helping Hyundai sell its new Sonata. It is one of the novel ways the bankrupt retailer is trying to generate money outside its traditional business. Toys “R” Us has put…
Apple, Walmart Offer the Most Chemically Safe Products
Of 30 companies included in a recent study to determine progress to make and sell products that chemically safe, the top two were Apple and Walmart. There were also nine that earned grades of…
Why Can’t Analysts Make Up Their Minds About Walmart?
Goldman Sachs this morning cut its rating on Walmart stock from Buy to Hold while raising its price target. Not all analysts see Walmart's run ending so soon.
A Third of Holiday Spending to Happen Thanksgiving Weekend
The long weekend between Thanksgiving Day and Cyber Monday will attract 75% of all Americans who plan to purchase holiday gifts this year.
Why Analysts Are Taking Entirely Different Views on Walmart and Target in an Amazon World
Amazon.com has threatened retailers for years now with lower priced goods at the click of a mouse, but while some retailers have fought back and built out their e-commerce platforms, others have struggled to…
Foot Locker Becomes the Perfect Retailer
Foot Locker's shares rose sharply after it announced earnings, which was a partial counterbalance to a string of poor financial data from other retailers.
Why Abercrombie & Fitch Is Friday’s Biggest Earnings Winner
While the retail sector has been under assault by Amazon, most companies have been fairly muted in their performance. But it seems like Abercrombie & Fitch is breaking out, at least for now.
Daimler Sues Amazon Over Fake Mercedes-Benz Wheel Caps
Mercedes-Benz maker Daimler has filed suit in Los Angeles federal district court alleging that Amazon is selling fake Daimler products, knows about the fakes, and takes no serious action to stop the sales.
How Strong Comps Continue to Push Gap Even Higher
The Gap reported better-than-expected fiscal third-quarter financial results after the markets closed on Thursday.
Why Restoration Hardware’s Update Is So Important
After RH released updated guidance for its fiscal third quarter after the markets closed on Wednesday, the stock hit a new 52-week high in Thursday’s session.
L Brands Just Can’t Seem to Win With Earnings
L Brands shares pulled back after the company reported its most recent quarterly results late on Thursday.
Best Buy Offers Disappointing Holiday Quarter Outlook
Best Buy reported inline fiscal third-quarter financial results before the markets opened on Thursday, but shares retreated.