The turnaround efforts of new Sears Holdings (NASDAQ: SHLD) CEO Lou D’Ambrosio have died almost before they started. Sears reported especially poor earnings for the quarter that ended October 31. The figures show…
The markets opened lower this morning and not until mid-afternoon were equities able to put a mark above yesterday’s close. European stocks traded mixed all day, and that coupled with rising crude…
Two earnings reports this morning offer a contrast in the fortunes of companies that are in different parts of the retail sales chain. Target Corp. (NYSE: TGT) reported adjusted EPS of $0.87…
Earnings season may feel over, but this week is going to be riddled with key earnings reports that can move the market or move their sectors. The key earnings are all hitting…
Big retailer earnings due this week. Earnings from Dell (NASDAQ: DELL), Target (NYSE: TGT) and Walmart (NYSE: WMT) are due this week. The numbers from Target and Walmart, particularly their guidance for the current quarter,…
Target (NYSE: TGT) announced in late 2009 that it would no longer use Amazon.com’s (NASDAQ: AMZN) tech platform to run Target.com. The country’s second largest retailer wanted to completely control its online…
The retail jamboree known as Black Friday seems to start earlier every year. The door-buster sales used to begin in the wee hours of Friday morning, but several retailers have already announced…
Italian bonds yields drop. The Italian two-year note yield slid 53 basis points, after jumping 82 basis points yesterday. The level, a recent low, probably will not hold. Yields were well above 7% yesterday.The…
Best Buy Co. (NYSE: BBY) is facing yet one more tough reception of a company action after news that the electronics manufacturer is buying out its British partner of its U.S. mobile…
Wall St. has voted on how strong holiday sales will be this year. Shares of Best Buy (NYSE: BBY) and Target (NYSE: TGT) are down year to date. Walmart (NYSE: WMT) and…
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…
