Target Housecleaning Continues, Canadian President Replaced
It is no secret that the expansion of Target into Canada has been less than a rousing success. The company lost nearly $1 billion in its first year of operations north of the border.
It is no secret that the expansion of Target into Canada has been less than a rousing success. The company lost nearly $1 billion in its first year of operations north of the border.
Home Depot reported mixed first-quarter 2014 results before markets opened Tuesday morning, citing a slow start to the spring selling season. Shares were down in premarket trading.
7-Eleven Inc.From a single location in Texas in 1927, the 7-Eleven empire has grown to more than 52,000 stores in 15 countries. Those stores are no longer owned by a U.S. company but by…
A recent Bloomberg poll suggests that most Target customers are willing to forgive the massive data breach that came to light over this past holiday season.
Best Buy is set to report earnings this Thursday. It is a safe bet that its investors and market observers will be watching closely for how this painful turnaround story is progressing.
ThinkstockThis week will mark perhaps the beginning of the end of the corporate earnings season. We still have many earnings coming out, particularly in retail. Dow Jones Industrial Average component Home Depot Inc. (NYSE:…
Shares of J.C. Penney jumped more than 16% last Friday after the company posted surprisingly good first-quarter results Thursday evening. But the stock was down about 3% Monday morning.
E-commerce revenue is not rising at the rates it was several years ago, but it is still rising faster than retail in general. Desktop retail e-commerce spending rose 12% in the first quarter of…
In three of the past four years, Walmart has posted a year-over-year decline in U.S. same-store sales, and the gain the company posted in its 2012 fiscal year was a skimpy 0.2%.
Starbucks must have become so successful recently that its supply chains are strained. It seems to be running out of things more than it used to.
courtesy J.C. Penney Co. Inc.A lot of pixels have been burned since J.C. Penney Co. Inc. (NYSE: JCP) reported first quarter after Thursday’s market closed. The struggling retailer beat consensus estimates on both earnings…
courtesy of Whole Foods MarketInflation always seems like a dirty word we don’t want to talk about. In reality, the Federal Reserve is praying for some, and there are sectors that actually benefit from…
Three years after Apple's retail chief took over as CEO of J.C. Penney and set a course that nearly ruined the company, the century-old retailer is back. It has proven it can become a…
When retail behemoth Walmart reported its first-quarter earnings, the headlines and the reaction were atrocious. Now that the dust has settled, the question to ask if these results were really that bad.
Fitch pointed out that RadioShack had not received consent from its lenders to close up to 1,100 stores as contemplated by management. Fitch thinks this will lead it to close only 200 stores.