The press has been invited to an event at which new JP Penney (NYSE: JCP) CEO Ron Johnson will talk about what the company says is his exciting new strategy. What the invitation does…
Research In Motion (NASDAQ: RIMM) replaces its co-CEOs with the firm’s COO. (Reuters) A Reuters poll shows Japanese manufacturers have prepared for a eurozone break up. (Reuters) Apache (NYSE: APA) to buy…
Citing an inability to get “appropriate terms,” Target Corp. (NYSE: TGT) today announced that it would suspend its efforts to sell its credit card receivables until later this year. The company also…
After diving by -8.5% in one day in late December, Sears Holdings Corp. (NASDAQ: SHLD) has reversed that loss on speculation that the venerable retailer will be taken private. Sears has steadily…
Walmart (NYSE: WMT) added a new CEO to oversee its e-commerce operations. The general perception is that this business should be more competitive with Amazon.com (NASDAQ: AMZN). That will be hard to accomplish in…
TPG may invest $1 billion in troubled Olympus. (Reuters) President Obama to ask for a $1.2 trillion increase in the national debt ceiling. (Reuters) China’s foreign currency reserves drop to $3.18 trillion,…
Equities had a hard time deciding whether to follow a bull or a bear on Thursday. Retail sales were mixed, but weekly jobless claims rose unexpectedly and the fears are that the…
Target Corp. (NYSE: TGT) figures that its current $10 billion stock buyback program will end early this year, so the company has announced a new $5 billion share repurchase plan to take…
Paul Ausick Apple (NASDAQ: AAPL) will open 25 stores inside of Target (NYSE: TGT) stores. The news was featured in Apple Insider. The website reports that According to a source familiar with Apple’s plans,…
Apple Inc. (NASDAQ: AAPL) already gets a lot of prime display real estate at Target Corp. (NYSE: TGT) stores. But that space may be expanding soon. A report at Apple Insider says…
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: COST), Target…
Big box retailer Target Corp. (NYSE: TGT) posted a same-store sales gain of 1.6% for December, well short of the consensus estimate of 3.1%. This compares with a 7% same-store sales gain…
The long slow death march at Sears Holdings Corporation (NASDAQ: SHLD) is turning into a case study of what not do. Putting a hedge fund manager in charge of a huge retailer, and…
Customer service surveys cannot entirely distinguish between true, direct customer service on the one hand and brand perception and reputation of the company providing the service on the other. A look at…
What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a merger of…
