Retail

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Costco Same-Store Sales Up 5% in December

Proving once again that it is the champion of big-box retail, Costco announced U.S. same-store sales in the important month of December rose 5%.

Douglas A. McIntyre · 12 years ago

Online Holiday Sales Top $53 Billion

ThinkstockThe two-month period between November 1st and December 31st saw an increase in online retail spending from desktop computers of 15% to a total of $53.3 billion. The Black Friday weekend, encompassing Thanksgiving Day…

Paul Ausick · 12 years ago

Amazon Loses Ground in Customer Service

Amazon has lost its number one position in customer service, and with it the image that its position against brick-and-mortar stores and niche online retailers is invulnerable.

Douglas A. McIntyre · 12 years ago

J.C. Penney Stock Signals Poor Holiday

J.C. Penney shares have are not trading like those of a retailer that good holiday sales. In fact, a sell-off of the stock indicates that the brief renaissance of the company's fortunes is over.

Douglas A. McIntyre · 12 years ago

Shake Shack Files for IPO

Shake Shack has filed with the Securities and Exchange Commission (SEC) for its initial public offering.

Chris Lange · 12 years ago

Holiday Retail Winners and Losers

Rising employment and lower gasoline prices both pumped some life into this year’s holiday shopping season, but there are going to winners and losers when the dust finally settles.

Paul Ausick · 12 years ago

American Apparel Cuts Factory Hours

According to a report in the New York Post, American Apparel has sharply reduced the time that its factories are open. It seems the retailer is low on cash.

Douglas A. McIntyre · 12 years ago