Retail - Page 2

Sears Hit With Major Downgrade, Shares Fall Again

Sears Holdings Corp. (NASDAQ: SHLD), owner of the Kmart and Sears retail chains, is already badly damaged by poor financial results, a weak balance sheet, lack of foot traffic and ...
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Home Depot to Pay Up to $1000 Bonuses for Hourly Workers

Another major U.S. employer has announced a one-time employee bonus payment related to the new tax law. Home Depot Inc. (NYSE: HD) announced Thursday morning that the company will pay ...
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Lowe’s Adds More Than 53,000 New Jobs

Lowe’s Companies Inc. (NYSE: LOW) is joining the parade of companies adding to their labor force. Previously, JPMorgan and Apple had announced that they were using their tax benefits to ...
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Toys ‘R’ Us to Close 180 US Stores

In a letter to customers posted on its blog Wednesday morning, Toys "R" Us CEO David Brandon said the company would be closing a "number of [U.S.] stores" as it ...
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Abercrombie & Fitch Wins Big With Q4 Guidance

Abercrombie & Fitch Co. (NYSE: ANF) shares made a handy gain to kick off the week after the company issued a business update. Besides shuffling some board members, this retailer ...
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Why Abercrombie & Fitch’s Turnaround May Have a Lot More Room to Run

Some ailing companies never manage to turn around for shareholders. Others manage to stage miraculous turnarounds. Abercrombie & Fitch Co. (NYSE: ANF) falls somewhere in the middle, but after it ...
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How the Waltons Control Walmart

The most recent annual meeting of Wal-Mart Stores Inc. (NYSE: WMT) was held in Bud Walton Arena at the University of Arkansas Campus, the same state where the world's largest ...
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Why GameStop Is Struggling Despite Strong Holiday Sales

GameStop Corp. (NYSE: GME) shares took a step back on Friday after the video game retailer issued an update for its 2017 holiday season. While video game sales were strong ...
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BJ’s Wholesale’s Bold Move to Hire Sam’s Club Workers

BJ's Wholesale has announced that it is willing to take job applications from workers laid off by Wal-Mart Stores Inc. (NYSE: WMT), which cut workers due to the shuttering of ...
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Walmart Boosts Pay and Benefits, Announces Employee Bonuses

Wal-Mart Stores Inc. (NYSE: WMT) announced minimum pay and other benefits for its more than 1 million U.S. employees. The world's largest retailer is raising its minimum wage by $1 ...
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Signet Goes Soft on 2018 Guidance

Signet Jewelers Ltd. (NYSE: SIG) saw its shares drop early on Wednesday after the company reported its holiday sales. Signet joined the list of retailers that ultimately disappointed investors during ...
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Sears Seeks More Refinancing After Big Q4 Sales Dip

Struggling retailer Sears Holdings Corp. (NASDAQ: SHLD) said this morning that same-store sales in the first two months (November and December) of its fiscal fourth quarter were down 16% to ...
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Urban Outfitters Holiday Sales Not Enough for Investors

Urban Outfitters Inc. (NASDAQ: URBN) appears to be one of the retailers that faced a tough holiday season. Along with the likes of Macy’s, Nordstrom and Sears, Urban Outfitters just ...
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Can Target Guidance Live Up to Expectations in 2018?

After this holiday season, the picture is becoming clearer about which companies can survive in an Amazon world. We’ve seen retailers like Macy’s, Sears and Nordstrom have a rocky start ...
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What Kohl’s Did Right This Holiday Season

Retailer Kohl's Corp. (NYSE: KSS) reported Monday morning that same-store sales in the two-month holiday period rose 6.9% year over year. The company took the occasion to raise its profit ...
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