Did Amazon Sales Surge 25% Over the Holidays?
Amazon.com Inc. (NASDAQ: AMZN) forecast it could post sales up as much as 25% in the current quarter which would take revenue for the period to $36.75 billion. If so, its ability…
Amazon.com Inc. (NASDAQ: AMZN) forecast it could post sales up as much as 25% in the current quarter which would take revenue for the period to $36.75 billion. If so, its ability…
Amazon.com will prove once more this holiday season that its business model continues to take revenue from retail competitors and companies in the cloud business.
This year's strength in retail has primarily come from online sellers, with Amazon perhaps benefiting the most. Brick-and-mortar retailers with strong e-commerce platforms also have been performing well.
Shares of retail turnaround candidate J.C. Penney have fallen 28% in the past three months, a sign that investors have given up on its holiday sales prospects.
With Christmas Day less the two weeks away, retailers continue to offer promotional pricing on items they hope will attract traffic either to their brick-and-mortar stores or to their online sites.
The short interest in J.C. Penney jumped 11% in late November, making it the 11th most shorted stock traded on the New York Stock Exchange.
After Sears Holdings announced another terrible quarter, its stock fell close to a new five-year low.
Barnes & Noble has now become J.C. Penney in 2012, the year its revenue and same-store sales dropped sharply.
Gap has now become J.C. Penney in 2012, when its revenue and same-store sales dropped sharply.
Sears now has become J.C. Penney in 2012, when its revenue and same-store sales dropped sharply.
A new Deutsche Bank research report zeroes on four retailers the analysts think came away as the big winners this year.
As the poor numbers from Thanksgiving, Black Friday and Cyber Monday pour in, many brick-and-mortar retail stocks have neared 52-week lows.
Target's website and e-commerce platform is taking on a huge number of customers, but this huge influx of consumers crashed the site for some time on Cyber Monday.
24/7 Wall St. has picked out a few major stocks to keep an eye on in this holiday period for an assortment of reasons.
After Black Friday and Small Business Saturday, all retailers are now turning their sites to Cyber Monday. Wait, Cyber Monday deals have already started. All of these online and in-store deals may…