ThinkstockIf you have ever heard of retailers getting more and more desperate to capture your Christmas and holiday spending dollars, 2012 is going to take the cake. Two holidays have generally been considered…
courtesy of TargetTarget Corp. (NYSE: TGT) has announced plans to open its stores for Black Friday sales at 9 p.m. on Thanksgiving, Nov. 22, in an effort to offer extended hours during…
courtesy of Wal-Mart StoresWal-Mart Stores Inc. (NYSE: WMT) has decided to increase the ante as it tries to take sales away from other big-box retailers, consumer electronics chains and department stores. It…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
The three major U.S. stock indexes opened flat this morning, and after a brief stay in positive territory, shares went negative and remained no better than flat for most of the day.…
Sears Hometown and Outlet Stores Inc. (NASDAQ: SHOS) began trading today following the close earlier this week of the rights offering from Sears Holdings Corp. (NASDAQ: SHLD). Shares were initially valued at…
Paul Ausick Sears Holdings Corp. (NASDAQ: SHLD) announced this morning that it has completed the subscription period for its rights offering that will spin off the company’s Sears Hometown and Outlet stores. The rights…
Paul Ausick The board of Xstrata approves a merger with Glencore. (Reuters) A U.S. appeals court says a lower court should reexamine a ban of the Samsung Galaxy Tab 10.1, which was part of a patent win…
Spain will cut its budget ahead of a possible request for aid. (Reuters) Bank of America Corp. (NYSE: BAC) tests systems that allow people to make payments via smartphone. (Reuters) Procter &…
Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per employee. Companies that can achieve the highest revenue with…
Toys”R”Us will add 45,000 temporary jobs for the holidays. As retailers usually announce, some of these people may get full-time jobs. Of course, most will not. If consumers continue to be worried…
Traditionally, consumers have either saved up for Christmas and holiday gift spending or added balances to their credit cards. That was before the recession and before the value hunt took off. The…
The stock market is up Thursday, with the Dow Jones Industrial Average up 0.23%, the Nasdaq up 0.18% and the S&P 500 up 0.16%. Today’s only winner went public Wednesday following a spinoff.…
247sam Sears Holdings Corp. (NASDAQ: SHLD) today launched a rights offering in advance of the planned IPO of its Sears Hometown and Outlet stores spinoff, scheduled for next month. More than 24 million…
Paul Ausick The three major U.S. stock indexes opened higher this morning and, following a morning dip, have remained in positive territory (barely) for most of the day. The first bit of big news…
