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Equities had a hard time deciding whether to follow a bull or a bear on Thursday. Retail sales were mixed, but weekly jobless claims rose unexpectedly and the fears are that the…
Equities had a hard time deciding whether to follow a bull or a bear on Thursday. Retail sales were mixed, but weekly jobless claims rose unexpectedly and the fears are that the…
Target Corp. (NYSE: TGT) figures that its current $10 billion stock buyback program will end early this year, so the company has announced a new $5 billion share repurchase plan to take…
Apple (NASDAQ: AAPL) will open 25 stores inside of Target (NYSE: TGT) stores. The news was featured in Apple Insider. The website reports that According to a source familiar with Apple’s plans,…
Apple Inc. (NASDAQ: AAPL) already gets a lot of prime display real estate at Target Corp. (NYSE: TGT) stores. But that space may be expanding soon. A report at Apple Insider says…
US retailers are reporting December same-store sales today, and here’s a wrap-up of the results as of about 10 a.m. this morning. Reports were in from Costco Wholesale Corp. (NASDAQ: COST), Target…
Big box retailer Target Corp. (NYSE: TGT) posted a same-store sales gain of 1.6% for December, well short of the consensus estimate of 3.1%. This compares with a 7% same-store sales gain…
The long slow death march at Sears Holdings Corporation (NASDAQ: SHLD) is turning into a case study of what not do. Putting a hedge fund manager in charge of a huge retailer, and…
Customer service surveys cannot entirely distinguish between true, direct customer service on the one hand and brand perception and reputation of the company providing the service on the other. A look at…
What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a merger of…
The numbers do not add up. Sears Holdings (NASDAQ: SHLD) has over 4,000 full-line and specialty stores. Same-store sales for the eight weeks that ended December 25 were down 5.2%. That figure…
Retailers were hoping to put a solid close to the holiday shopping season with plentiful day-after-Christmas sales aimed at wringing out shoppers’ last dollar. That was probably wishful thinking at Sears Holdings…
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears Holdings (NASDAQ:…
The death of an infant in Missouri has led Wal-Mart Stores Inc. (NYSE: WMT) to recall Enfamil baby formula manufactured by Mead Johnson Nutrition Co. (NYSE: MJN) from more than 3,000 US…
E-Commerce activity continued to surge, and outpace bricks-and-mortar sales. Comscore reported holiday season retail e-commerce spending for the first 39 days of the November – December 2011 holiday season. For the holiday…
If the recent CNBC survey of US holiday shoppers accurately portrays what these shoppers plan to spend this year, US retailers can expect a pretty good year. Those surveyed said they plan…