courtesy Best Buy Co. Inc.Dell Inc. (NASDAQ: DELL) and Best Buy Co. Inc. (NYSE: BBY) are each in trouble as the business environments they helped to create become passe and investors wonder…
Wikimedia CommonsOnce exempt from most state and local sales taxes, Amazon.com Inc. (NASDAQ: AMZN) now collects the taxes in at least nine states, including New York, Texas, California, and Massachusetts. Some early…
ThinkstockA new survey by customer satisfaction research firm ForeSee has found that luxury shoppers are not getting the kind of service they expect from retailers catering to the high-end market. The top…
ThinkstockRetail sales for the holiday season just behind us rose about 4.8%, compared with sales during the 2011 holiday shopping season. Online sales rose by more than 14%, and that growth is…
courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place,…
Chicago Fed President Charles Evans says he expects gross domestic product to rise 2.5% this year. (Reuters) The U.S. government’s sale of shares in General Motors Co. (NYSE: GM) may help the…
ThinkstockToys“R”Us may no longer be a public company, but that does not mean that it is not an important barometer for toy companies. The company was acquired in a deal in 2005…
courtesy of AppleA massive trade exhibition like the Consumer Electronics Show which officially opened today in Las Vegas carries with it a low of ‘wow’ — and this year’s show is no…
ThinkstockTarget Corp. (NYSE: TGT) is taking its price matching a step further. Rather than just price matching during the holidays, Target will honor this year round. Target identified its list of competitors…
ThinkstockThe man who created Sears Holdings Corp. (NASDAQ: SHLD) in 2005, largely through the combination of Sears and Kmart, and then ruined the new public company, will take over as CEO of…
ThinkstockAfter all the Web 2.0 (or 3.0) flops of 2012, it turns out that 2013 may be a very interesting year for the Internet sector. We saw some key developments take place,…
ThinkstockJeff Bezos is adding billions to his net worth each year. With Amazon.com.com Inc. (NASDAQ: AMZN) running on fire you might wonder how many times this stock can keep hitting new all-time…
Jon C. Ogg courtesy of NetflixUsing words like “unprecedented” and “addictive” and “compelling,” Netflix Inc. (NASDAQ: NFLX) this morning announced that it has struck a deal with Warner Brothers Television Group (WBTV), which is ultimately…
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsResearch firm comScore reports that e-commerce sales for the November-December holiday season rose only 14% to $42.3 billion. That growth was weak, and the number modest…
courtesy Barnes & Noble Inc. Bookstore chain Barnes & Noble Inc. (NYSE: BKS) reported this morning that nine-week same-store sales fell 8.2% compared with the same period in 2011. B&N reported sales…
