Amazon Muted Despite Solid Q1 Earnings Beat
Amazon reported better-than-expected second-quarter financial results after markets closed Thursday.
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Is GameStop Doomed After Not Finding a Buyer?
GameStop shares were crushed on Tuesday after the video game retailer announced that it would no longer be pursuing the sale of its business. Reading between the lines here, it appears that no one…
Federal Pension Agency Seeks Halt to Lampert’s Acquisition of Sears Assets
The federal Pension Benefit Benefit Corporation has filed a motion with the bankruptcy court opposing the sale of Sears to former CEO Eddie Lampert and his hedge fund.
Should Other Jewelers Be Wary of Signet’s Warning?
Signet shares were crushed on Thursday after the firm reported its holiday season sales. While these numbers were disappointing for Signet, it’s possible that these could be reflective of a bigger problem within the…
101 Million Americans Subscribe to Amazon Prime
Amazon Prime reached a milestone of more than 100 million U.S. subscribers in 2018. Almost two-thirds of Amazon's U.S. customers are now subscribers to Prime.
Gymboree Latest Retailer to Go Bankrupt
Children's clothing company Gymboree will follow several other retailers into Chapter 11. The company is expected to liquidate all 800 stores under its flagship brand.
Sears Survives: Here Are Its 8 Largest Competitors
Pending a bankruptcy court's approval, Sears has avoided liquidation following an offer exceeding $5 billion from former CEO Eddie Lampert. But the store's survival is anything but guaranteed given the strength of the competition.
Gymboree Latest Retailer to Go Bankrupt
Children's clothing company Gymboree will follow several other retailers into Chapter 11. The company is expected to liquidate all 800 stores under its flagship brand.
Walmart Drops Prices 50% to Clear Inventory
Walmart, like most retailers, did not sell all the inventory it ordered for the holiday season. That is almost certainly the reason it has put a large number of items on sale for 50%…
Chances of Success for the Long-Awaited Turnaround of Bed Bath & Beyond
There is an old saying that nothing lasts forever. And that might even be true about home furnishings and products retailer Bed Bath & Beyond. After years of pressure on its shares, is this…
Macy’s Gets Coal for Christmas
Macy’s announced results from its holiday season early on Thursday, and it looks like Santa brought this retailer a lot of coal. The guidance for the coming year was not exactly spectacular either.
Sears.com May Survive
Sears may be dead soon. Kmart likely will go with it. But each brand could continue to live online and produce a stream of revenue for new owners.
How Many Stores Will JC Penney Close? Probably Several Dozen
J.C. Penney's new CEO has decided to close three stores this spring. That is not very many But the closings are not over.
Will Sears Survive This Bankruptcy?
Sears finds itself under the gun yet again as bankruptcy fears seem to be taking over. While the firm has gone nowhere but down in recent memory, bankruptcy appears all but imminent.
Some Good News for Dollar Stores
On some days investors get to see good news hit a sector from multiple angles. That was the case for the dollar store and discount store sector on Monday.