thinkstockTwo of the oldest brands in U.S. retailing are engaged in a struggle for survival. And if either is to defy a Darwinian end, some evolution will have to take place. Sears…
Paul Ausick Jim Henderson, via Wikimedia CommonsFor those who had hoped that Sears Holdings Corp. (NASDAQ: SHLD) would break out of its multiyear revenue and earnings funk, think again. After too many management changes to…
Douglas A. McIntyre ThinkstockLowe’s Companies (NYSE: LOW) announced this morning that Orchard Supply Hardware Stores (OSHWQ) did not receive a higher bid than the $205 million Lowe’s offered in June and that the company will…
Jim Henderson, via Wikimedia CommonsSears Holdings Corp. (NASDAQ: SHLD) has been on a long and slow turnaround path but seems unable to be turned around. We have questioned this company’s long-term viability…
Jon C. Ogg ThinkstockLowe’s Companies Inc. (NYSE: LOW) said this morning that it has concluded an asset purchase agreement to acquire the majority of the assets of Orchard Supply Hardware Stores Corp. (NASDAQ: OSH) for…
ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in March and April rose just 1.4% and 3%, respectively, so the most recent…
courtesy of Facebook Inc.Apple Inc’s (NASDAQ: AAPL) CEO Tim Cook says he expects the company to release more innovative devices. (Reuters) Investors are worried about why the Procter & Gamble Co. (NYSE:…
U.S. equity markets opened sharply lower again this morning, but this time reacting to yesterday’s comments by Fed Chairman Ben Bernanke that the Fed could slow its bond purchases in the next…
Jim Henderson, via Wikimedia CommonsAfter last night’s dismal company earnings report, Sears Holdings Corp. (NASDAQ: SHLD) does not appear to have many options left in its efforts to turn around the sinking…
ThinkstockEarnings from Sears Holdings Corp. (NASDAQ: SHLD) were so awful that Wall Street pushed its stock price down close to 10%. The question is whether the company can overcome the lack of…
MicrosoftProcter & Gamble Co. (NYSE: PG) fires CEO Bob McDonald and brings back A. G. Lafley. (Reuters) Google Inc. (NASDAQ: GOOG) may face antitrust investigations by the U.S. government. (Reuters) Carl Icahn may…
Sears might as well start working toward just give up on being a retailer. This is a decade-long turnaround that just cannot seem to turn around. Sears Holdings Corp. (NASDAQ: SHLD) reported that…
Jon C. Ogg Seattle-based software maker Tableau Software Inc. (NYSE: DATA) begins trading today following an initial public offering (IPO) of 8.2 million shares at a price of $31 a share. The offering is valued…
ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in February and March rose just 2% and 1.4%, respectively, so the most recent…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) has decided to waste money on a television commercial that asks customers to “come back.” Why? “We heard you.” Put another way, J.C.…
