Retail
Costco posted its highest annual profit ever in the just-completed fiscal year. But investors seem wary of taking the share price higher despite positive analyst reaction to last night's earnings...
22 hours ago
BofA Securities just issued a research note on three top retailers: Dollar General, Walmart and Target. All are poised for good times ahead.
1 day ago
In a show of how quickly Walmart has evolved from a brick-and-mortar company to an e-commerce powerhouse, it will hire 20,000 temporary workers to staff its fulfillment centers for the holidays.
3 days ago
Last Updated: 3 days ago
Shopping mall owner Brookfield Property is firing about 20% of its 22,000 employees as the firm tries to align itself with the future of mall ownership.
3 days ago
Parts retailer AutoZone posted big fourth-quarter beats on both the top and bottom lines, which helped lift the shares early Tuesday.
3 days ago
The Census Bureau's advance report on August retail sales indicates the U.S. economy is going through a slow-motion recovery.
9 days ago
Amazon has launched a Luxury Stores section with iconic American fashion house Oscar de la Renta as its first store. Got to give the e-commerce behemoth credit for never giving up on selling luxury...
10 days ago
As U.S. retail stores re-open, consumer demand for online goods is trending down according to the latest data from Adobe Analytics.
10 days ago
Has video game retailer GameStop broken out of the downward spiral that had captured it for so long? Two analysts are optimistic about the company's near-term outlook.
11 days ago
Last Updated: 11 days ago
Amazon.com plans to add an extraordinary number of workers in the United States and Canada. The hiring binge is more bad news for America's brick-and-mortar retailers.
12 days ago
Though Lululemon Athletica topped estimates when it posted its fiscal second-quarter results this week, investors ultimately sent shares lower. Yet, analysts remain fairly positive on the stock.
14 days ago
Kroger reported second-quarter 2020 results that beat both top- and bottom-line estimates. Same-store sales rose by nearly 15% and digital sales more than doubled.
14 days ago
Bed Bath & Beyond stock has been beaten up so far this year, but one analyst thinks that it has the potential to rally.
15 days ago
The deal to rescue one of America's oldest retailers makes sense for lenders and mall owners, but it does not solve J.C. Penney's primary problem.
16 days ago
GameStop posted a fiscal second-quarter net loss per share of $1.40 on $942.0 million in revenue. The consensus estimates had called for a net loss of $1.13 per share and $1.02 billion in revenue.
16 days ago