Best Buy Earnings Are Proof Amazon Is Killing Retail
Best Buy's rough quarter and rougher outlook underscore the impact of Amazon on traditional retailers. Will any big retailer be able to take on Amazon and remain standing?
Best Buy's rough quarter and rougher outlook underscore the impact of Amazon on traditional retailers. Will any big retailer be able to take on Amazon and remain standing?
Macy’s released mixed fiscal fourth-quarter financial results and an update on its CEO transition before the markets opened on Tuesday.
Toys"R"Us has cut as much as 15% of its headquarter staff, which equates to roughly 250 people. It joins many large retailers that have been the victims of slow holiday sales and…
24/7 Wall St. has put together a preview of some of the major retailers that will be reporting their quarterly earnings in the coming week.
The top analyst upgrades, downgrades and initiations seen on Friday include Arch Coal, Avis Budget, Capital One Financial, Hain Celestial, Hertz Global and Macy's.
Friday's analyst calls were dominated by the retail sector. Perhaps this is due to the proposed border adjustment tax looking dead on arrival.
Stocks were indicated marginally higher on Friday morning on what seems to be a very light news day. The Dow is still above 20,000 and the S&P 500 has gone above the…
Could there be a shift from brick-and-mortar shopping to e-commerce in the grocery industry as occurred in consumer electronics and department stores?
Macy's, DryShips, Fitbit, Mallinckrodt make new 52-week lows Wednesday.
Macy's, DryShips, V.F. Corporation, and Himax Technologies sank to new 52-week lows on Friday.
Macy's, Teva, DryShips, Merrimack Pharma lead Wednesday's 52-week low club.
Although the tailwind of the Trump rally has been incredibly strong, there are still companies holding back this rally. In fact, the Dow was just barely short of hitting the 20,000 mark…
Holiday season retail sales appear to be headed for even a worse-than-expected slump after Macy's and Kohl's report weak sales.
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Chipotle Mexican Grill, Hilton, Macy's, Mastercard, Mylan, Valero Energy, Western Digital and Travelers.
Macy's still identifies itself as "one of the nation’s premier retailers." Its departing CEO has made sure that is no longer true.