Retail

Why Kroger Looks So Valuable to Warren Buffett, Even in the Age of Amazon and Walmart

When it comes to ranking the greatest investors, Warren Buffett has ranked among the best investors of the modern era and he has previously held the title of being the ...
Read Full Story »

Walmart Starts the Year on Down Note

Shares of Walmart Inc. (NYSE: WMT) are down 1.18% to $117.44. It is among the worst-performing Dow Jones industrial stocks. The index itself is higher by 3.01% to 29,398.08. The ...
Read Full Story »

As Wayfair Cuts Staff, Another Retailer Buckles

Wayfair Inc. (NYSE: W), a modest-sized online retailer, said it would cut 550 people. The company claimed that tariffs have hurt its sales, and the threat of an economic slowdown ...
Read Full Story »

Walmart Fires 293 Employees of New York City-based Jetblack Shopping Service

Ending a program begun in 2017, Walmart Inc. (NYSE: WMT) on Thursday announced that the first company to emerge from the massive retailer's Store No8 incubator has "graduate[d] from incubation ...
Read Full Story »

How Much Trouble Is Bed Bath & Beyond in After Preliminary Q4 Data?

Bed Bath & Beyond Inc. (NASDAQ: BYND) shares were crushed on Wednesday after the company announced its preliminary fourth-quarter results. Judging by the investor reaction alone, the results were not ...
Read Full Story »

Macy’s Stock Has Not Bottomed

Macy's Inc. (NYSE: M) announced difficult results, and even more troubling numbers for the near future. The stock rose, perhaps because the cost cuts could temporarily help the bottom line. ...
Read Full Story »

Macy’s CEO, Who Made $23 Million, Fires 2,000 and Guts Shareholders

Macy's Inc. (NYSE: M) CEO Jeff Gennette got his job in March 2017. Before that, he was the retailer's president. Gennette's compensation for 2018 and 2017 was over $23 million. ...
Read Full Story »

JC Penney Reveals NYSE Delisting Notice, Adds More Executives to Turnaround Effort

J.C. Penney Co. Inc. (NYSE: JCP) announced Monday morning that the company on Friday received a notice from the New York Stock Exchange that it no longer meets the exchange's ...
Read Full Story »

Is Express Bucking the Trend of Struggling Retailers?

Amid the pullbacks that retailers have experienced in and following this holiday season, there seems to be at least one retailer that made actual progress. We already have seen sales ...
Read Full Story »

Alternative Data Show Why Gap Absolutely Must Keep Old Navy In-House

There have been some rather harsh changes over the past two decades when it comes to selling apparel and in all levels of retailing. The so-called Retail Apocalypse is undeniably ...
Read Full Story »

Gap Is Still Falling Apart

The market rewarded news that Gap Inc. (NYSE: GPS) will not spin out its Old Navy brand, which has done better than the company's other divisions. The decision could not ...
Read Full Story »

Gap’s Surprise: ‘We Are Keeping Old Navy … Oh, and We Are Raising Earnings Guidance!’

There are many cycles that run through the business world. Over the past 20 years Wall Street has seen its waves of telling companies "buy other companies for scale and ...
Read Full Story »

Target Stock Hammered on Holiday Season Report

When Target Corp. (NYSE: TGT) reported third-quarter results back in November, the company forecast comparable sales growth of 3% to 4% for the fourth. In an announcement Wednesday morning, the ...
Read Full Story »

Are Five Below Holiday Sales Signaling a New Trend in Retail?

Five Below Inc. (NASDAQ: FIVE) shares were crushed on Monday after the company announced net sales results for its holiday period. This continues the trend of retailers being outfoxed by ...
Read Full Story »

Will JC Penney Stock Pick a Direction This Year?

While the S&P 500 posted a share price gain of around 29% last year, shares of department store retailer J.C. Penney & Co. Inc. (NYSE: JCP) rose by 1.75%. By ...
Read Full Story »