Men's Wearhouse announced Monday morning that it has begun a tender offer to acquire shares in Jos. A. Bank Clothiers in an all-cash offer of $5.75 a share. Last Friday, Jos. A.…
Paul Ausick ThinkstockIn a brief press announcement issued Thursday, Macy’s Inc. (NYSE: M) said that it has resolved its breach-of-contract suit with Martha Stewart Living Omnimedia Inc. (NYSE: MSO). The terms of the settlement…
Paul Ausick courtesy Best Buy Co. Inc.Whatever many retailers made in profits over the holiday season might wash away with after-Christmas sales. USA Today has made the point that discounts seem greater than usual.…
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,…
ThinkstockBuying a retail stock is often a pretty risky venture and it won’t get any less risky in 2014. The stocks can bounce around a lot, especially for those stores that report…
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…
courtesy of TargetMany retail stocks are higher over the past month. Investors have either received hard news, or have seen forecasts, that the largest companies in the sector, which include Wal-Mart Stores…
Courtesy Sony Corp.Sales of Sony Corp.’s (NYSE: SNE) PlayStation 4 reached 2.1 million units worldwide, temporarily giving it bragging rights over Microsoft Corp.’s (NASDAQ: MSFT) Xbox. Given that the PS4 just launched…
ThinkstockAs we head in to the final month of what has been a tremendous year for the stock market, the 24/7 staff is reviewing what the major Wall Street firms are recommending…
ThinkstockA survey for the National Retail Federation (NRF) estimated that more than 141 million different shoppers hit the stores over the four-day Thanksgiving holiday. That is slightly more than the 139 million…
ThinkstockRetailers are well into their Black Friday shopping day by now and we thought we’d take a look at how the stocks at ten leading retailers are reacting to early news of…
ThinkstockNow that Black Friday is virtually upon us and retailers are gearing up for what they hope will be a robust holiday shopping season, the folks at Gallup have published a survey…
ThinkstockBlack Friday is nearly here and with it comes an estimate of what retailers can expect in the way of traffic and sales. Consulting firm Deloitte LP has conducted an online survey…
ThinkstockNothing has done more to create anxiety among retailers, with the exception of a bad economy, than “showrooming.” Consumers come to stores for holiday deals, find what they like and then buy…
