Wikimedia CommonsPoor results for the holiday quarter were supposed to injure Wall Street’s sentiment on Amazon.com Inc. (NASDAQ: AMZN). On the contrary, it has continued to rise, leaving observers to ask whether the relentless…
Safeway's agreement to sell out to Cerberus Capital Management for as much as $40 a share says something about Kroger, the archrival of both Safeway and Cerberus's supermarket business Albertson's.
Big Lots reported better-than-expected fourth-quarter and full-year 2013 earnings before markets opened Friday morning. The retailer also announced that it plans to shut down its Canadian operations.
Thursday night's announcement that Cerberus Capital Management will acquire Safeway for $40 a share in cash and stock may offer be the last gasp for supermarket chains. Going big may be the last chance…
Wikimedia CommonsThe Gap Inc. (NYSE: GPS) may have raised its minimum wage, but the move is so far not helping out the company’s same-store sales data. In fact, the company’s same-store sales were bad…
The office supplies sector was challenged even before Thursday. Now things are worse after Staples said that its sales are being challenged and that it would close some 225 of its more than 2,200…
In a swipe at Amazon.com and Target, Walmart last October quietly launched a subscription service to members of its Sam's Club stores that allows those members to receive free shipping on about 700 items.
Despite a new team running the show, and despite that RadioShack has ample liquidity to operate normally for now, the stark reality that up to 1,100 stores needed to be closed only highlights how…
ThinkstockRetailers are announcing February U.S. same-store sales figures Thursday. Research firm Retail Metrics projected an overall gain of 2.7% year-over-year. Retail sales gained just 2% in February of 2013, excluding drug store sales. Including…
Office supplies retailer Staples reported disappointing fourth-quarter and full year 2013 results before markets opened Thursday morning. The company said it will close 225 stores in North America by the end of 2015.
Costco Wholesale reported disappointing second-quarter fiscal 2014 results before markets opened Thursday morning. The company did not offer any guidance and shares were down in premarket trading.
Fast Retailing CEO Tadashi Yanai said the Japanese company could become the world's largest retailer by 2020 -- even without acquisitions. But the company has no large presence in the United States.
In the dead of night, after markets closed on Monday, Standard & Poor's issued a research update on J.C. Penney. Well, not exactly the dead of night, but in the late afternoon after markets…
RadioShack reported deeper than expected net losses for the fourth-quarter and full-year 2013 results before markets opened Tuesday morning. The company also said it will close up to 1,000 stores.
Wikimedia CommonsGap’s (NYSE: GPS) earnings in the fourth quarter and for the 2013 fiscal year were good enough to get modest applause from Wall Street. However, unlike other large American retailers, its revenue outside…