The number of U.S. smartphone owners who use either their mobile browser or a dedicated app to visit a retail site totaled 89.5 million in July, representing about 4 out of every…
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…
Can the activist Starboard Value L.P. fund run Office Depot Inc. (NYSE: ODP) better than its management or the managements of competitors Staples Inc. (NASDAQ: SPLS) or Office Max Inc. (NYSE: OMX) have been able…
CIA World FactbookThe government of India today approved two long-discussed moves to attract foreign direct investment (FDI) to the country. In the more important of the two actions, India has approved a…
Paul Ausick According to today’s report from the U.S. Census Bureau, retail and food services sales in August rose 0.9% month-over-month and 4.7% compared with August 2011. Economists had been expecting an increase of…
courtesy NintendoAfter more than a year since the product’s introduction, the Nintendo Wii U game controller finally has pricing, shipping dates, and more details on what the device can do. The company…
The Federal Reserve likely will release plans for a stimulus package after members meet today. (Reuters) EADS and BAE hold merger talks. (Reuters) Apple Inc.’s (NASDAQ: AAPL) iPhone 5 may have more…
What happened to the market as a whole today hardly mattered. The DJIA was up only 0.07% to 13,335. But, almost all of the news was focused on a handful of stocks. The Apple Inc.…
Digital media research firm comScore Inc. (NASDAQ: SCOR) has released its ranking of the top 50 U.S. web properties for August and the list is topped, once again, by the usual suspects.…
Coverage of the appearance of Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg at a conference run by tech news site TechCrunch was widespread. Zuckerberg said he was disappointed by the performance of Facebook stock…
A JP Morgan Chase & Co. (NYSE: JPM) analyst speculated that sales of the new Apple Inc. (NASDAQ: AAPL) iPhone 5 could add “between 0.25% and 0.5% to annualized economic growth in the fourth quarter.”…
In recent days we could not help but notice how Wal-Mart Stores Inc. (NYSE: WMT) made some significant reductions to its holiday layaway plans to make it more affordable and available. We…
Intel Corp. (NASDAQ: INTC) and Wal-Mart Stores Inc. (NYSE: WMT) are both very important barometers of the U.S. economy. Intel is for PCs and technology, and if the retail sector is gaining…
Costco Wholesale Corp. (NASDAQ: COST) reported that for August, comparable-store sales gained 6% year-over-year, and that its total sales increased 8% to $7.4 billion. Analysts polled by Thomson Reuters had a consensus…
Troubled retailer Sears Holdings (NASDAQ: SHLD), which was formed by a 2005 merger of Sears and Kmart, was thrown out of the S&P 500 as of September 4. It will be replaced by specialty chemical…
