Retailers were hoping to put a solid close to the holiday shopping season with plentiful day-after-Christmas sales aimed at wringing out shoppers’ last dollar. That was probably wishful thinking at Sears Holdings…
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears Holdings (NASDAQ:…
The death of an infant in Missouri has led Wal-Mart Stores Inc. (NYSE: WMT) to recall Enfamil baby formula manufactured by Mead Johnson Nutrition Co. (NYSE: MJN) from more than 3,000 US…
Throughout December we have been giving updates on dividends that will rise in the coming days and weeks from the 30 Dow Jones Industrial Average stocks. Many have already come true and…
E-Commerce activity continued to surge, and outpace bricks-and-mortar sales. Comscore reported holiday season retail e-commerce spending for the first 39 days of the November – December 2011 holiday season. For the holiday…
Jon Corzine of MF Global says he does not know where much of the firm’s funds went. (Reuters) Samsung wins the legal fight over whether it can sell its tablet PC in…
The Wall Street Journal reports that Walmart (NYSE: WMT) has started an investigation of bribery change in some of its overseas operations. The paper reports, The world’s largest retailer said in a regulatory filing…
Douglas A. McIntyre If the recent CNBC survey of US holiday shoppers accurately portrays what these shoppers plan to spend this year, US retailers can expect a pretty good year. Those surveyed said they plan…
Chico’s FAS (NYSE: CHS) said its growth story remains intact, even though consumer spending is expected to remain soft. Additionally, despite falling margins at its flagship stores and rising inventories, the women’s…
The board of Olympus may resign by late February. (Reuters) China says its annual rate of growth slowed between October and November. (Reuters) Congress pressures the CFTC for stronger regulation after the…
A plan approved by India’s cabinet to allow retail firms from outside the country to take control of retailers inside its borders has been killed by the nation’s congress. A number of big…
Douglas A. McIntyre S&P’s threat of a downgrade of eurozone nations puts huge pressure on the region’s leaders. (Reuters) An independent panel that reviewed the financial activity of Olympus suggests legal action be taken. (Reuters)…
Holiday e-commerce sales continue to set records. Amazon.com (NASDAQ: AMZN), which is the leader in e-commerce sales by far as a single company, is likely to be among the major beneficiaries of…
The cabinet in India has set new rules that would allow large outside retailers like Walmart (NYSE: WMT) to own 51% of local multiproduct retail establishments. But it appears that parliament will turn down…
Douglas A. McIntyre Smartphone pioneer Research in Motion Ltd. (NASDAQ: RIMM) has lowered its third-quarter guidance and said that it will take a “predominantly” non-cash charge of $485 million on its existing inventory of the…
