Lost in the fog about the record 0.5% growth in December and 6.6% gain in 2010 retail sales was the reason behind it: discounts. Retailers — both large and small — learned…
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Aetna Inc. (NYSE: AET) Reiterated Neutral with $39 target at BofA/ML. AMR…
Last year seemed like another of unrelenting layoffs, but ten large companies added, in total, more than 200,000 jobs, according to Challenger, Gray & Christmas. Most of this increase in employment was…
Retail stores are reporting December sales today and the news is, at best mixed. Retailers reporting already include Target Corp. (NYSE: TGT), Costco Wholesale Corp. (NASDAQ: COST), BJ’s Wholesale Club Inc. (NYSE:…
Retailers are posting their November sales figures this morning, and the overall picture is looking bright. Shoppers are headed back to stores of every kind. Big-box retailer BJ’s Wholesale Club Inc. (NYSE:…
Several experts estimate that as many as 130 million shoppers will visit stores or online retail sites on Black Friday. The number is deceiving. The National Retail Federation expects the holiday sales…
Earnings season is getting thinner on which companies are reporting earnings, but we still have 5 key earnings due the rest of the week. Computer Sciences Corp. (NYSE: CSC), Cisco Systems Inc.…
Earnings season is winding down, but next week will bring several key earnings which could move the markets are can definitely move sectors. Top earnings we are watching are from priceline.com Inc.…
We already knew that September was not going to be as cautious in retail sales compared to some of the summer months. What was not known was that some of the gains…
These are some of this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes: Allstate Corporation (NYSE: ALL) Raised to Overweight at JPMorgan. AOL Inc. (NYSE: AOL) Cut…
The first half retail sales numbers were anemic and so were back-to-school numbers. It has been assumed that a weakening economy would harm 2010 holiday sales as well. Don’t tell that to…
The recession is, by the standard measurement, over. The National Bureau of Economic Research’s Business Cycle Dating Committee said the downturn ended in June 2009. Most polls of individuals and company executives…
Retailers are reporting August same-store sales numbers today, and on the whole the reports are positive after a very cautious and dismal July. August is prime back-to-school shopping time, the retailers second-largest…
The earnings report from Kohl’s Corporation (NYSE: KSS) was partly like the Macy’s Inc. (NYSE: M) report yesterday, but the outlook from Kohl’s leaves a simple observation: Macy’s is taking share from…
Free Wi-Fi has been a marketing tool at restaurant and beverage establishments including McDonald’s (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Now Walmart (NYSE: WMT) has decided the service will help it attract…
