JC Penney and Macy’s Short Interest Surge Ahead of Holidays
Short sellers have bet that J.C. Penney and Macy's will have unusually harsh holidays. Both stocks have a very good chance they will continue to sell off.
Short sellers have bet that J.C. Penney and Macy's will have unusually harsh holidays. Both stocks have a very good chance they will continue to sell off.
Target's CEO for some reason believes that because his company has opened a new store in New York's Herald Square, the fortunes of the public corporation might be rescued. Herald Square is…
There is a chill in the air, and even though Halloween is several weeks away, Americans are starting to think about holiday shopping, as retailers complete their hiring plans.
The reasons to shop online grew again as Macy's has decided to open at 5 p.m. on Thanksgiving, a controversial decision for some who believe retail workers show have the entire holiday…
"Happy Death Day" was number one at the box office this past weekend, Macy's will open early on Thanksgiving, Apple may build phones with bending screens, and more important headlines.
As department stores struggle to overcome low profits and shrinking sales, customer service can't help but suffer. Here are how nine stores did in our recent customer survey.
Macy's hired 80,000 workers for the holidays, Toys "R" Us has filed Chapter 11, Amazon Web Services will begin to charge some customers by the second, and more important headlines.
Walmart had a strong run from the first half of the year. The stock's price has leveled off since then. Amazon's have leveled during the same period as well.
Macy's says it will add 80,000 workers for the holidays, mostly in distribution and warehouse operations as the company prepares the logistics for e-commerce sales.
The one trend in companies that have lost control of their narratives is that short sellers have continued to keep very negative views of the companies. Even those few that might be…
A large number of investors believe that J.C. Penney will continue to have trouble surviving in an extremely crowded retail market in which it has been eaten alive by competition.
Macy's and Best Buy both announced today expansions to the number of cities where the stores will be offering same-day deliver service.
Short interest in Macy's rose by nearly a third in the two week period that ended August 15 and about 12% of retailer's float was short.
In an era of fast fashion, fast food and fast internet, the old ways of doing business just don’t cut it. As more consumers shift to online shopping and business at many…
Tuesday was a very strong day for the U.S. broad markets with all major indices posting a gain on the day. Crude oil was positive as well after having fallen over the…