If you have been watching shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), you would know that the high-flyer has fallen from grace. After a prominent short seller became vocal against…
Filene’s Basement and parent company Syms declared bankruptcy recently. The situation is so grim that Syms will shutter all 46 locations, and 2,500 employees will lose their jobs. The company, founded in…
October is not usually a strong month for retailers because shoppers take a break between the back-to-school buying and the coming holiday season. In October 2010, same-store retail sales rose just 1.6%…
After years in the shadows of major media sites, blogs have come into their own. They now compete directly with the most well-funded online content sites, many of which are owned by…
Douglas A. McIntyre Walmart (NYSE: WMT) will begin to cut hours at some of its 24-hour stores, a sign of flagging traffic as the holiday retail period begins. Walmart has been in the process of…
There will be more “Going Out Of Business” sales after the first of the year than was expected just weeks ago. Deloitte’s annual holiday survey data shows that: Consumers who plan to…
Nokia’s new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run the Microsoft…
The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed…
Each year, hundreds of thousands of temporary workers are hired by retailers to handle the demands of the holiday season. The number of seasonal workers added is considered a bellwether for the…
While the debate rages over whether or not the U.S. should enact legislation aimed to curb currency manipulation — and specifically the Chinese peg to the U.S. dollar — the impact of…
99 Cents Only Stores (NYSE: NDN) was supposed to be acquired for somewhere between $22.00 and $24.00 per share according to reports in mid-September. The company was supposed to have interest from Apollo…
Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering that US GDP growth predictions are now below 2%; not good, either,…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of JC Penney Company, Inc. (NYSE: JCP), LM Ericsson Telephone Company (NASDAQ:…
Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal fourth-quarter and full fiscal year earnings before markets opened this morning. The headline numbers look pretty good, but the fine print might be telling…
U.S. retailers hired more than 627,000 seasonal workers during the October-December 2010 holiday season, a welcome boost from the mere 231,000 seasonal workers put on in 2008. Prospects for 2011 seasonal hiring…
