Can Groupon Survive and Thrive After Earnings?
24/7 Wall St. wanted to look at Groupon's earnings expectations, as well as looking to see whether the daily deals and discounts website is a winner or it needs to create a living will.
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Newest first · Page 236Target CEO Sacked
Target sacked Gregg Steinhafel, its CEO/president/chairman, and there should be little doubt about why: the massive data breach that hit the company just before the holiday season.
CVS Blames Nasty Weather for Profit Miss
CVS Caremark reported mixed first-quarter 2014 results before markets opened on Friday morning. The company said harsh weather and the timing of the Easter holiday had an impact on the results.
Rite Aid Turnaround Brings Stock High Not Seen Since 2001
Rite Aid has moved back to profitability, and now it appears that the drug store chain's same-store sales report for April is the best comparable sales report in 10 years.
Is Avon Finally Set to Turn Around?
Beleaguered beauty products company Avon has struggled for years to turn itself around. When Sheri McCoy was brought on as CEO a little more than two years ago, she promised a turnaround.
Walmart Gets Into Car Insurance
As Walmart works to keep its huge lead as the biggest retailer in the United States, it occasionally launches products and services that take it far away from its primary business -- like auto…
J.C. Penney Stages Strong Rally
Over the past 12 months, J.C. Penney has dropped more than 50% of its value. Since the beginning of the year, the stock is down just 10%, and in the past five days shares…
Starbucks Earnings: Growing Stores AND Operating Margin
courtesy of Starbucks Corp.Starbucks Corp. (NASDAQ: SBUX) is out with its second quarter earnings for its fiscal 2014. The coffee retailing giant reported earnings of $0.56 per share on revenues of $3.87 billion. Thomson…
Inflation Evidence Grows in Retail: Walmart vs. Target, and Others
ThinkstockWith all the funny money printed and quantitative easing measures after the recession, it has been amazing that the cost of goods has not risen through the roof. In fact, it has baffled many…
Amazon Now Tackling Costco and Sam’s Club?
Amazon.com is quietly taking aim at warehouse stores with a new service called Amazon Prime Pantry. Could it be that Amazon has come up with a solution to a nonexistent problem?
Can Staples Break the Postal Service?
courtesy of USPSUnion workers for the U.S. Postal Service (USPS) plan to protest a deal between the Post Office and Staples Inc. (NASDAQ: SPLS) that was struck late last summer and has so far…
Sales Taxes Do Indeed Hurt Amazon’s Sales
When Amazon.com charges state and local sales taxes for its online purchases, shoppers spend about 10% less, according to researchers at The Ohio State University. And large purchases fall even more.
The 2014 Economic Impact of Easter: Slightly Lower Than 2013
Thinkstock24/7 Wall St. evaluates the cost of many major holidays and events in an attempt to measure what the economic contribution is. The National Retail Federation has a 2014 Easter Spending Survey which was…
Would Amazon Buy Sears?
Wikimedia CommonsEvery time the M&A market heats up, the number of preposterous ideas for business combinations rises. The market is once again afloat with cheap capital and a number of tech companies hold more…
Another Key Upgrade for Rite Aid
courtesy of RiteAidRite Aid Corporation (NYSE: RAD) recently received great accolades for its earnings, and Goldman Sachs even gave it an incredible upgrade. On top of the stock still screening cheaply against peers on…