courtesy Best Buy Co. Inc.Holiday retailers fall into at least two groups so far this year. One group includes companies that face low expectations. Best Buy Co. Inc. (NYSE: BBY) and JCPenney…
ThinkstockAs hard as retailers, both online and in the real world, compete for sales over the long Thanksgiving holiday weekend, so to do online and research firms compete to see which can…
courtesy of TargetShopping online at Target Corp. (NYSE: TGT) stores is quite similar to the shopping experience at the Wal-Mart Stores Inc. (NYSE: WMT) website. The first thing on the homepage is…
Wikimedia CommonsResearch firm Comscore announced two pieces of data. The first is that Black Friday e-commerce sales rose about $1 billion for the first time ever — to $1.042 billion. The other…
ThinkstockWriting Off Greek Debt Discussions of a bailout of Greece have turned rapidly to what kind of write-off investors may have to take on Greek debt as the International Monetary Fund and…
ThinkstockWhile it is too early to say which individual companies have benefited the most, holiday e-commerce sales surged past $1 billion, according to research firm Comscore. It remains likely that the normal…
Wikimedia CommonsOnce a month, research firm Comscore releases a list of the 50 largest websites in the United States by traffic. Month after month, even year after year, Amazon.com Inc. (NASDAQ: AMZN)…
ThinkstockThe gap between rich and poor is well illustrated by the large multi-billion dollar corporations employing thousands of low-wage workers. With the Great Recession over, not only are many of these companies…
U.S. equity markets opened higher this morning but quickly turned south and bounced around lower all day. In Europe, the eurozone notched its second consecutive quarter of negative GDP growth, tossing the…
courtesy of TargetTarget Corp. (NYSE: TGT) reported third-quarter 2012 adjusted diluted earnings per share (EPS) of $0.90 and $16.93 billion in revenues before markets opened this morning. In the same period a…
Paul Ausick ThinkstockIf you have ever heard of retailers getting more and more desperate to capture your Christmas and holiday spending dollars, 2012 is going to take the cake. Two holidays have generally been considered…
courtesy of TargetTarget Corp. (NYSE: TGT) has announced plans to open its stores for Black Friday sales at 9 p.m. on Thanksgiving, Nov. 22, in an effort to offer extended hours during…
courtesy of Wal-Mart StoresWal-Mart Stores Inc. (NYSE: WMT) has decided to increase the ante as it tries to take sales away from other big-box retailers, consumer electronics chains and department stores. It…
thinkstockAs third quarter earnings results continue to pour in, overall earnings have been decidedly weaker. According to research firm Retail Metrics, the blended S&P 500 earnings growth rate for the third quarter…
Wikimedia CommonsA jury in Norfolk, Virginia, today awarded Vringo Inc. (NYSEMKT: VRNG) $30 million in patent infringement suit against Google Inc. (NASDAQ: GOOG) and several other companies. Vringo, originally a mobile phone…
