5 Major Retailers That Crushed Shareholders Last Week
Retail stocks took a dive this past week as many retailers reported weak earnings. Some of these companies blamed the weather, weak comparable sales, guidance or even the rise of Amazon.
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How Nordstrom Can Stop the Bleeding
The past week has not been kind to retail stocks. A seemingly endless parade of missed expectations was capped off after the market closed Thursday when Nordstrom reported.
CEOs of Macy’s, Kohl’s and Nordstrom Make Tens of Millions of Dollars
As earnings fell apart at Macy's, Kohl's and Nordstrom, their CEOs made tens of millions of dollars.
Will Investors Lose Patience With JC Penney Turnaround?
J.C. Penney reported mixed first-quarter 2016 results and updated guidance before markets opened Friday morning.
Nordstrom Earnings Continue the Bloodletting in Retail
Nordstrom Inc. (NYSE: JWN) reported first quarter 2016 results after markets closed Thursday evening. The department store giant posted quarterly diluted earnings per share (EPS) of $0.26 on revenues of $3.2 billion. In the…
What to Expect from JC Penney Earnings
Before markets open Friday morning, retailer J.C. Penney is scheduled to report first-quarter 2016 results.
What to Expect From Nordstrom Earnings
Nordstrom is scheduled to report its fiscal first-quarter financial results after the markets close on Thursday.
Wal-Mart Free 2-Day Shipping Takes on Amazon Prime
Wal-Mart has kicked off a $49 per year subscription plan offering free two-day shipping to its customers. The program is available by invitation only.
Will Staples Close 200 Stores?
Staples will need to close a large number of stores, likely close to 200, based on its sales trends. Its current model is too inefficient.
Kohl’s Earnings Grease the Skids for a New 52-Week Low
Kohl's reported disappointing first-quarter 2016 results before markets opened Thursday morning and shares fell in premarket trading.
Macy’s Continues to Disappear
Macy's has already cut stores in an effort to downsize. The decision was too little too late. Shares of the retailer fell more than 13% to a new 52-week low Wednesday morning.
Gap Downgraded to Junk at Fitch
Gap has been downgraded to a junk rating at Fitch, after this week's disastrous earnings report.
Will Nike Valuation Hold Against Its 2020 Environmental Vision?
The Nike 2014-2015 Sustainable Business Report is full of information, but what will matter the most to investors is that Nike has set new targets for its fiscal year 2020.
Macy’s Earnings Hit by Weak Sales, Lowered Guidance
Macy’s reported mixed first-quarter 2016 results and hiked its dividend before markets opened Wednesday morning.
Staples Merger With Office Depot Killed
The Staples and Office Depot merger deal has been cancelled under pressure from the FTC.