Tech giant Cisco Systems is expected to announce plans to lay off 14,000 employees in the coming weeks, nearly one-fifth of its total headcount, according to technology news site CRN. These layoffs…
The trouble is relentless across the brick-and-mortar retail world. Malls are closing or downsizing. At least six large retailers will have to merge, almost certainly in some combination with one another.
This past week was absolutely huge for the retail sector, with practically all the major retailers that reported notching up a win for the summer quarter.
The list of layoffs by traditional retailers stretches ever longer. Almost every company blames e-commerce, which indirectly means Amazon.com.
Macy's did not say how many people it will lay off when it shuts 100 locations, but the number could be close to 20,000.
Douglas A. McIntyre Nordstrom is scheduled to release its fiscal-second quarter financial results after the markets close on Thursday.
Macy's fiscal second-quarter earnings report could be signaling an inflection point, or as management put it, "a comeback."
Chris Lange Macy's is scheduled to report its fiscal second-quarter financial results before the markets open on Thursday.
Chris Lange The number of shares sold short in J.C. Penney was more than 87 million on the most recent settlement date, nearly a third of the entire float.
24/7 Wall St. has put together a preview of Valeant Pharmaceuticals, Alibaba and some of the other major companies reporting their quarterly results this coming week
Someone is doing something right in retail, and someone is doing something wrong. Ross Stores is set to open 31 new locations.
Most recently, the short interest in J.C. Penney shares stood at nearly 82 million, which is 27% of its float.
May 18, 2016: Here are four stocks trading with heavy volume among 66 equities making new 52-week lows in Wednesday’s session. NYSE decliners led advancers by about 2 to 1 while Nasdaq…
May 17, 2016: Here are four stocks trading with heavy volume among 71 equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by about 2 to 1 while Nasdaq…
It would not take many factors to push growth down to zero or even below. Several things have happened in the past month that should lead to the conclusion that the U.S.…
