The signs have been pointing to a good holiday sales season for electronic gear like smartphones and tablets. But for many for the brick-and-mortar retailers, like Old Navy and Abercrombie & Fitch,…
As retailers face having only days to improve their sales results, they have turned to a part of their playbook that did not even exist a few years ago -- free shipping.
ThinkstockIt seems like we get new data every day reinforcing the message that online shopping (and spending) is better than ever this year. While we don’t know yet if this is poaching…
courtesy Best Buy Co. Inc.The shares of Best Buy Co. Inc. (NYSE: BBY) are up almost 250% this year. The company’s management has staged a turnaround, at least partially. But the progress is…
ThinkstockThe Obama administration appointed former Microsoft Corp. (NASDAQ: MSFT) executive Kurt DelBene as senior advisor to Kathleen Sebelius, Secretary of Health and Human Services. She is the person most blamed for the broken Healthcare.gov…
courtesy J.C. Penney Co. Inc.At one point Tuesday morning, shares of J.C. Penney Co. Inc. (NYSE: JCP) had dropped nearly 4.5% before bouncing back. There have been so many problems at the…
ThinkstockUPDATE, December 17, 2013, 1:10 p.m. — As we noted in our story on online sales earlier Tuesday morning, Google’s Product Listing Ads and Google Shopping have shown the largest percentage growth of…
Frank Golhen, via Wikimedia CommonsThis Friday, trading volume on some top stocks in the S&P 500 will soar. In addition to the normal volatility and volume associated with quadruple witching, the S&P…
courtesy of ebayWhile the S&P 500 index has gained nearly 25% in the past 12 months, online auction and retail site eBay Inc. (NASDAQ: EBAY) shares have gained a mere 0.5%. Over…
bfishshadow via Wikimedia CommonsA year ago, the idea that the Nasdaq Composite could reach its record high, set on March 10, 2000, seemed preposterous. That high was 5,132.52, and it had been driven…
ThinkstockUpdated 10:46 a.m. 12/16/2013. The strike by Amazon workers from Germany due to what they believe is low pay has not caused any concern, or excitement, among investors — although it was…
courtesy Wal-Mart Stores Inc.The spread of estimates of how holiday sales did over the period from Black Friday through Cyber Monday is wide. NRF reported that Thanksgiving Holiday spending reached $57.4 billion, which was…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) admitted that the discounts it gave on gifts during its Black Friday Deals Week and Cyber Monday Deals Week are over. Like every other retailer, it has…
ThinkstockIn the matter of how large the holiday sales pie will be this year, the size apparently will be small. That means retailers, both store-based and Internet-based, will need to take business…
MicrosoftIn an announcement Wednesday morning touting its sale of more than 2 million of its new Xbox One game consoles, Microsoft Corp. (NASDAQ: MSFT) said, “Demand is exceeding supply in our 13…
