Why Costco Keeps Beating Profit Estimates
Costco reported an earnings beat for its first fiscal quarter last night and shares are trading above the stock's 52-week high in Friday's premarket.
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Conflicting Signals About Whether Holiday Sales Are Strong
It is hard to tell from its most recent National Retail Federation data about the holidays whether the retail industry is doing well.
Are Walmart’s New Ways to Help Employees Pay Bills a Way to Hold Off Raises?
Walmart has set a new series of programs to allow its employees access to part of their pay before they get their paychecks.
Target Fights Back Against Amazon With Latest Acquisition
Getting products to the consumer the fastest has been a growing trend among retailers. And so Target has acquired Shipt.
Costco-GM Auto Sale Interest Up 55% This Year
In an annual promotion offering selected GM vehicles to Costco members at special pricing, the retailer reported that 55% more members have signed on this year.
Why Would Sears CEO Edward Lampert Double Down on Retailer’s Future?
CEO Edward Lampert has decided to leverage Sears Holdings more and buy it time for its businesses to stabilize. What is he up to?
Short Sellers Lighten Up on JC Penney
The short interest in J.C. Penney dropped 17 million shares in the period that ended November 30. Perhaps short sellers do not expect the shares to fall further.
Will ‘Big and Tall’ Save JC Penney?
Struggling retailer J.C. Penney has announced a deal with men's clothing subscription service Bombfell to offer a package for "big and tall" customers.
How Can Dollar General Afford to Open 900 Stores?
Dollar General plans to open 900 new stores. It has been successful because it is in places the other retailers ain't.
How Dollar General Earnings Are Pushing the Stock to New Highs
After Dollar General reported better-than-expected fiscal third-quarter financial results, its shares briefly hit a 52-week high -- almost an all-time high.
Holiday Online Shopping Totals Over $65 Billion Since November 1
Online retail sales have averaged more than $1 billion a day since November 1 and have reached a total for the holiday season so far of more than $65 billion.
Name Change: Wal-Mart Becomes Walmart on February 1
Wal-Mart is changing its official name to Walmart after nearly 50 years. The change becomes effective in February and the company's stock ticker symbol will remain the same.
Home Depot Sets $15 Billion Buyback Plan, Confirms 2017 Guidance
On Wednesday morning, Home Depot announced a new $15 billion share buyback program, reaffirmed guidance for 2017 that it revised upward last month, and set targets for fiscal year 2020.
4 Top Retailers With Nothing to Fear From Amazon
A new Jefferies research report makes the case that certain softline retailers have the ability to fend off Amazon's massive reach.
American Eagle Missed Earnings Outweighed by Guidance
American Eagle Outfitters reported disappointing fiscal third-quarter financial results before the markets opened on Wednesday.