ThinkstockRetailers do not appear to be headed for uniformly upbeat sales increases in December. Research firm Retail Metrics has dropped its forecast for a same-store sales increase by another 10 basis points…
ThinkstockThe holiday shopping season got off to a fast start, but concluded with a whimper and not the anticipated bang. It appears that the booming start pulled sales forward and retailers didn’t…
ThinkstockCustomer satisfaction research firm ForeSee released its Holiday E-Retail Satisfaction Index for this year, and the overall score for online retailers was 78 on a 100-point scale, identical with last year’s reading.…
courtesy of Wal-Mart Stores Inc.What happened to bricks-and-mortar and e-commerce sales this holiday season? If Wall St.’s opinion has validity, online operations did well and old-school stores did not. The price of Wal-Mart…
U.S. equity markets opened higher this morning after the weekly report on new claims for U.S. unemployment benefits came in lower than expected (more coverage here) and the second estimate of GDP…
The stock market is up Thursday, with the Dow Jones Industrial Average up 0.30%, the Nasdaq up 0.62% and the S&P 500 up 0.37%. Today’s winner include a infrastructure and software company reporting strong…
247sam ThinkstockIf you have ever heard of retailers getting more and more desperate to capture your Christmas and holiday spending dollars, 2012 is going to take the cake. Two holidays have generally been considered…
U.S. equity markets opened slightly higher this morning, but by the end of the first hour stocks had turned south and remained in negative territory throughout the rest of the day. In…
ThinkstockApparently many executives decided to sell shares right before the presidential election. This is not an assumption that anything is wrong in the companies because insiders can sell shares for a myriad…
thinkstockKohl’s Corp. (NYSE: KSS) reported third-quarter 2012 earnings this morning. For the quarter, the department store chain posted diluted earnings per share (EPS) of $0.91 on revenues of $4.5 billion. In the…
Paul Ausick U.S. equity markets opened lower this morning as traders and investors tried to sort out their reactions to the re-election of President Obama. The initial reaction is that the U.S. economy is…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
Package delivery giant United Parcel Service Inc. (NYSE: UPS) said yesterday that it plans to hire 55,000 seasonal workers to sort, load, and help deliver packages during the coming holiday season. The…
Amazon.com Inc. (NASDAQ: AMZN) will hire more than 50,000 seasonal workers to staff up its 40 U.S. fulfillment centers for the coming holiday shopping season. Amazon joins the ranks of other large…
Despite the many economic headwinds still facing the U.S., much of the retail industry is anticipating a sharply improved holiday season compared to last year and is planning accordingly. Six of the…
