Safeway's agreement to sell out to Cerberus Capital Management for as much as $40 a share says something about Kroger, the archrival of both Safeway and Cerberus's supermarket business Albertson's.
Thursday night's announcement that Cerberus Capital Management will acquire Safeway for $40 a share in cash and stock may offer be the last gasp for supermarket chains. Going big may be the…
In a swipe at Amazon.com and Target, Walmart last October quietly launched a subscription service to members of its Sam's Club stores that allows those members to receive free shipping on about…
J.C. Penney's CEO said the most difficult part of its turnaround is over. That is not true, and some of the retailer's most difficult days may be ahead. It has set painfully…
Douglas A. McIntyre ThinkstockThe sheer amount of data about people’s private online information that is available for sale by criminals reached a staggering 360 million credentials. It is a sign of just how powerful cyber-thieves…
courtesy of Sony Corp.Maybe it’s because Saturday is launch day in Japan for the PlayStation 4 from Sony Corp. (NYSE: SNE), but the company’s hot-selling new game console is practically non-existent on…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, February 13, 2014. They include Angie's List, Itron, NVIDIA, Regeneron and Sempra Energy.
ThinkstockNow that the holiday season is over, one thing is crystal clear. Fourth-quarter results are just in and revenue fell for most of the retailers. It was the rare company that did…
With a huge price surge driven in part by strong results from Facebook, the market value of Twitter has pressed above those of Target, the nation's second largest retailer, and CBS, one…
Douglas A. McIntyre Hackers roam the Internet world, seemingly randomly. They apparently operate in China, North Korea, Syria and parts unknown (maybe even within the United States). They are hard to find, which means they…
ThinkstockIt is unknown what the real damages are going to be from the Target Corp. (NYSE: TGT) data theft around the holidays of 2013. Target refers to this as a breach, but…
Jon C. Ogg ThinkstockThe magnitude of the debacle at Best Buy during December was not something Wall Street expected. Most firms had fallen in love with the story, and Best Buy was seen as the…
In the wake of a breach of Target customer accounts that allowed hackers to steal data from at least 70 million people, the huge retailer has decided one of the most important…
Douglas A. McIntyre courtesy J.C. Penney Co. Inc.A company can become broadly hated if it alienates a large enough group of people. It may frustrate customers with poor service, anger employees with unpleasant working conditions…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Friday, January 10.
