Weather May Have Wrecked January Retail Sales
ThinkstockIt’s a good thing that the month of January typically accounts for just 20% of most retailers’ fourth quarter sales. This January has been a particularly harsh one, at least as far as the…
Retail
All Retail Articles
Newest first · Page 245CVS Pharmacies Snuff Out Cigarette Sales
Drug store operator and health benefits management company CVS Caremark said Wednesday morning that it would stop selling cigarettes and other tobacco products at its 7,600 U.S. stores by October 1 of this year.
How Many Stores Will J.C. Penney Close?
One thing that is clear from the recent J.C. Penney announcement about holiday sales is that the sinking retailer has far too many stores. A restructuring is almost certainly in the offing for J.C.…
Is J.C. Penney Stock Really Only Worth $3?
courtesy J.C. Penney Co. Inc.J.C. Penney Co. (NYSE: JCP) does not exactly have that many fans and champions on Wall Street nor on Main Street these days. The stock may be only at $5.68…
J.C. Penney Holiday Sales Not as Good as They Appear
J.C. Penney shares were up in premarket trading Tuesday morning after the struggling retailer announced preliminary results for the company's same-store sales in the fourth quarter and for the nine-week holiday sales period.
The Long-Term Costs of the RadioShack Super Bowl Ad
RadioShack is actually ticking up on the admission by the company that it has to shed its very outdated image. But investors should ask what the ultimate cost will be in capital spending to…
Retail Wrecks: Amazon to J.C. Penney
ThinkstockNow that the holiday season is over, one thing is crystal clear. Fourth-quarter results are just in and revenue fell for most of the retailers. It was the rare company that did well in…
Walmart Stumbles, Warns on Profits
Walmart issued a profit warning Friday morning, citing higher contingency payments in Brazil, higher lease expenses in China and a restructuring of Sam's Club stores in the United States.
The Long Start of a Schultz Succession Plan at Starbucks
Coffee-house giant Starbucks has a new chief operating officer. The question that investors and company fans should be asking is if Howard Schultz is thinking about stepping aside as CEO any time soon.
Walmart to Tighten Controls on Vendors, Donkey Meat
A donkey meat recall earlier in January at some Walmart Chinese stores has resulted in the company's adoption of tighter controls on its Chinese suppliers. Walmart will begin DNA testing of the meat products…
J.C. Penney Poison Pill May Make It Immune to Activists and Acquirers
J. C. Penney remains challenged. A new release from the company signals one of two outcomes. First is that it could be taken over against its will. The second is that the company thinks…
Management Change Rocks Abercrombie: Now More Acquirable
Embattled teen retailer Abercrombie & Fitch announced Tuesday it is separating the roles of chairman and CEO, and it has named three new directors. Mike Jeffries will remain CEO.
Where Will Retail Industry’s Next Layoffs Be?
There are indications, with holiday numbers in, that several other large retailers will have to cut stores and staff, and that some of these cuts will be large. The most likely candidates for this…
Cost of Target Data Theft Spreads, Credit Unions Now… Banks Next?
ThinkstockIt is unknown what the real damages are going to be from the Target Corp. (NYSE: TGT) data theft around the holidays of 2013. Target refers to this as a breach, but by getting…
Can a Hedge Fund Save RadioShack?
RadioShackShares of struggling electronics retailer RadioShack Corp. (NYSE: RSH) were up more than 16 percent on Wednesday on news that a hedge-fund manager who likes investing in troubled companies has taken an 8.1 percent…