Retail Sales to Be Closely Watched This Week
ThinkstockConsumer spending is said to make up close to 70% of U.S. gross domestic product (GDP), so that means that retail sales are of a paramount importance. This Tuesday we will get to see…
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Newest first · Page 228American Apparel Shares Ready to Double
If American Apparel can grow again, and show that it does not need to eat through cash to stay afloat, the market will have a reason to bid its shares back above $2.
The 4 States Killing Walmart
In four large population states, the number of Walmart stores is half or less the average. Unless Walmart can boost its market penetration there, it will have serious difficulty posting sales growth.
June Retail Sales May Be Softer Than Expected
ThinkstockRetailers are announcing June U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 4.9% year-over-year, marking the largest monthly gain since January 2013. After the weather-related sales weakness in…
Family Dollar Earnings Will Bring More Pressure From Carl Icahn
Family Dollar Stores reported mixed third-quarter fiscal 2014 results before markets opened Thursday morning. Shares were down fractionally in premarket trading.
June Retail Sales Growth Forecast at 18-Month High
ThinkstockIf the forecast for retail sales growth is accurate, U.S. retail same-store sales will rise 4.9% in June, marking the largest monthly gain since January 2013. Including comparable store sales already reported from drug…
Why Container Store Is Now at Post-IPO Low!
The Container Store Group posted a new post-IPO low Wednesday morning following a dismal earnings report. The worse news, though, came in Container Store's guidance.
American Apparel Claims Charney is Still Its CEO — Update
courtesy of American Apparel imageUPDATE: Hedge fund Standard General has reached a preliminary agreement to supply $25 million in financing to American Apparel as the company tries to stabilize its finances and reconstitutes its…
American Apparel Gives Control to Hedge Fund
The board of directors of American Apparel has reached an agreement with hedge fund Standard General under which control of the company passes to the hedge fund.
Where Are Walmart’s Customers Going?
An improving job market has not helped Walmart's sales. Has the jobs recovery has hidden a lack of consumer spending or is Walmart losing its place as the largest retailer in America?
American Apparel Needs a Merger
Battles between current creditors could put American Apparel in the untenable position. It may need to find a merger candidate or a retailer to buy it out to avoid being sold.
Why American Apparel May Go Bankrupt
courtesy of American Apparel imageAmerican Apparel (NYSE: APP), already hammered by the dismissal of CEO and founder Dov Charney, may not meet the covenants of key loans which the retailer likely needs to keep…
Hedge Fund Pushes for American Apparel Sale
The same hedge fund that forced the sale and breakup of Hostess Brands now aims to work the same trick on American Apparel. It may get what it wants, but it won't happen soon.
Target Bans Firearms in Its Stores
Target said that beginning July 2 the stores will "respectfully request that guests not bring firearms into Target -- even in communities where it is permitted by law."
A Look at RadioShack at $0.99
RadioShack shares recently posted an all-time low of $0.81. A week later the shares have climbed 22% to $0.99. Is this a turnaround in the making or is bankruptcy inevitable?