Rite Aid Earnings Show Turnaround Lives, With Value Too
On top of acquiring RediClinic on Thursday, the retail pharmacy operator Rite Aid announced earnings of $0.06 per share on revenues of roughly $6.6 billion. Rite Aid continues to please.
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Newest first · Page 238Bed Bath and Beyond Delivers Another Earnings Flop
ThinkstockBed Bath & Beyond Inc. (NASDAQ: BBBY) is out with its earnings report of $1.60 per share for its fourth quarter. The retail giant earned $1.68 per share a year ago, and estimates were…
Sears Continues Tumble After Land’s End Spin-Off
Sears Holdings continues to drop after completing its spin-off of Lands' End, which began trading Monday on the Nasdaq.
Walmart Still Struggles in India
Walmart tried for at least the past two years to persuade the government of India to allow more foreign direct investment in the country so that the giant retailer could bring its superstores to…
Lands’ End Begins Trading With Low-Quality Products
Sears Holdings completed its spin-off of Lands' End on Monday morning, when shares of the mail-order clothing retailer began "regular-way" trading. Sears stock has tanked Monday morning.
No Big Macs for Crimea; No Tacos for Putin
ThinkstockMcDonald’s Corp. (NYSE: MCD) will close its three restaurants in Crimea, saying that it is “currently evaluating potential business and regulatory implications which may result from the evolving situation” in the peninsula annexed by…
Amazon’s Aggressive Easter Sales
The Easter holiday is still more than two weeks away, and Amazon.com has trimmed prices on some holiday items and slashed prices on others. The online retail giant must have a motive for this…
GrubHub IPO Magic Value Now Almost $3 Billion
GrubHub raised a higher-than-expected $192 million in an initial public offering, after pricing the shares above the marketed range. GrubHub's market value at one point topped $3.4 billion.
Is Liberty Media Throwing in the Towel on Barnes & Noble?
Is Liberty Media's decision to reduce its stake in Barnes & Noble a matter of stepping aside so the bookseller can spread its wings, or is it throwing in the towel on the company…
GrubHub IPO Price Range Raised, Strong Demand Despite High Valuation
GrubHub SEC FilingThe initial public offering (IPO) of GrubHub Inc. just got a bit pricier. The company is offering 4 million shares of common stock, and selling stockholders are offering an additional 3.03 million…
Retailers With the Most Facebook and Twitter Followers
Nearly every product, store, sports team, band, movie, you name it is on Facebook and Twitter. Savvy retailers understand that it is not just the young who use and are drawn to social media.
UBS Says Only Five Retail Stocks Are Worth Buying
ThinkstockInvestors who own consumer discretionary stocks have been battered this year. The sector is down 4.53% and is the worst overall performer in the S&P. After being a market leader the past two years,…
Best Buy Back in Deep Trouble
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) started a turnaround under CEO Hubert Joly who joined the huge consumer electronics company in August 2012. The company had been damaged by the success…
Walmart Sues Visa — More Suits to Come
The world's largest retailer filed suit with the federal court in western Arkansas, claiming that credit card company Visa charged excessive card swipe fees. Is MasterCard next?
Walmart’s Biggest Problem
Local merchants and politicians have effectively blocked Walmart's expansion in many of America's largest cities, and that almost certainly not will change. Walmart has become hemmed in.