courtesy J.C. Penney Co. Inc.The money that hoped to build back the confidence from investors and customers in the century-old J.C. Penney Co. Inc. (NYSE: JCP) is now almost completely gone. William…
ThinkstockRetailers are announcing August same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.2% year-over-year, compared with a 4.2% gain in July and a 4.3% gain in June.…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertJ.C Penney Co. Inc. (NYSE: JCP) continues to face unprecedented drops in traffic and sales that, to some extent, caused its largest shareholder Bill…
ThinkstockSo far this earnings season U.S. retailers haven’t put up a very good show. Retailers that have already reported results said that customers had become cautious again during the quarter and same-store…
ThinkstockU.S. railroads moved nearly 260,000 intermodal units (containers) in the week ended August 10. That is a 6.1% increase over the same week a year ago, and it is a hopeful sign…
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) sales are heavily concentrated in only about half the states in the U.S. To a lesser extent, Macy’s Inc.’s (NYSE: M)…
ThinkstockNordstrom Inc. (NYSE: JWN) reported second-quarter 2013 results after markets closed on Thursday. The department store chain posted quarterly diluted earnings per share (EPS) of $0.93 on revenues of $3.1 billion. In…
courtesy Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) reported second-quarter fiscal 2014 results before markets opened this morning. The retailing giant posted diluted earnings per share (EPS) of $1.24 on revenues of…
August 14, 2013: U.S. equity markets opened lower this morning even after the eurozone reported positive GDP growth in the second quarter, bringing an official end to the continent’s recession. Germany’s GDP…
thinkstockMacy’s Inc. (NYSE: M) reported second-quarter 2013 results before markets opened this morning. The department store giant posted quarterly diluted earnings per share (EPS) of $0.72 on revenues of $6.07 billion. In…
Paul Ausick August 13, 2013: U.S. equity markets opened slightly higher this morning following a report on retail sales from the Census Bureau that was stronger than expected. Stocks turned south quickly though, as…
ThinkstockRetailers are announcing July same-store sales figures today. Research firm Retail Metrics projects an overall gain of 4.1% year-over-year, compared with a 4.3% gain in June and a 3.8% gain in May.…
ThinkstockShares of Martha Stewart Living Omnimedia Inc. (NYSE: MSO) have fallen 65% in five years, as the company has lost money each of those years. Most of that drop has been because…
Douglas A. McIntyre courtesy of KFCThe country’s largest fast-food chains are expected to see walkouts in seven cities today as workers protest the industry’s low wages at some the nation’s most profitable companies. Walkouts are…
ThinkstockRetailers are announcing June same-store sales figures today. Research firm Retail Metrics projected an overall gain of 3.9% year-over-year, compared with a 3.5% gain in May and a 2.8% gain in April.…
