Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and the worst…
Early reports on November same-store sales indicate that shoppers have been more than willing to part with their money. Limited Brands Inc. (NYSE: LTD), Costco Wholesale Corp. (NASDAQ: COST), Stage Stores Inc.…
Paul Ausick The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always be counted…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of September 30, 2011. These public stock holdings have been broken down into two…
Financial concerns about Italy have raised the issue of a breakup of the eurozone. (Reuters)China’s October imports rise but exports are weak. (Reuters)A deal to name a new prime minister in Greece…
October is not usually a strong month for retailers because shoppers take a break between the back-to-school buying and the coming holiday season. In October 2010, same-store retail sales rose just 1.6%…
The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed…
Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering that US GDP growth predictions are now below 2%; not good, either,…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.Chevron Corporation (NYSE: CVX) Cut to Underweight at JPMorgan. Chipotle Mexican…
Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal fourth-quarter and full fiscal year earnings before markets opened this morning. The headline numbers look pretty good, but the fine print might be telling…
Retail sales in August put up solid gains that were slowed somewhat by the effects of Hurricane Irene along the eastern seaboard. Among the stores reporting sales numbers today are Costco Wholesale…
Steve Jobs’s transition from CEO of Apple (NASDAQ: AAPL) to chairman has caused a great deal of ink to be spilt on the departure of other famous CEOs, such as Walt Disney,…
Online sales success has become critical to major retailers. All evidence shows that e-commerce continues to grow at double-digit annual rates while in-store sales in the U.S. have barely grown at all…
Shares in home improvement store Lowe’s Companies, Inc. (NYSE: LOW) were trading higher by around 3% in the pre-market this morning on news that the company will initiate a $5 billion stock…
