ThinkstockThe magnitude of the debacle at Best Buy during December was not something Wall Street expected. Most firms had fallen in love with the story, and Best Buy was seen as the proverbial Phoenix…
If Wall Street believed that Amazon.com had a surge in holiday sales, that optimism did not correlate with the stock price. Or it could have been that the high end of Amazon's fourth-quarter forecast…
ThinkstockBest Buy Co., Inc. (NYSE: BBY) wasn’t the only stock hit by its admission that deep discounting failed to boost holiday sales. Investors dumped Best Buy shares heavily in response, and they drove down…
Best Buy shares were crushed in premarket trading Thursday after the company reported disappointing holiday sales and forecast a larger-than-expected decline in quarterly operating margins.
Amazon.com workers in Delaware turned down the opportunity to join the International Association of Machinists and Aerospace Workers by a margin of 21 to six. The win for Amazon was much, much larger than…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertJ. C. Penney Company Inc. (NYSE: JCP) is raising the white flag of surrender on some of its operations. Late on Wednesday came word that the…
ThinkstockAeropostale Inc. (NYSE: ARO) surged on Wednesday after reports that the apparel maker has approached at least two private equity firms to see if there is interest in acquiring the company. Bloomberg first reported…
The National Retail Federation (NRF) has now released the holiday numbers, and the naysayers were proven wrong despite some of the worst December weather in years.
In the wake of a breach of Target customer accounts that allowed hackers to steal data from at least 70 million people, the huge retailer has decided one of the most important things it…
Most of the nation's largest retailers have announced the results of holiday sales. Among the retailers that have not said a thing about how well they did in the past two months is Amazon.com.
Credit Suisse maintained its Underperform rating on Sears. What stands out the most is its price target of $20, given that Sears closed at $36.71 on Friday.
Sterne Agee's Sam Poser has released his top picks for 2014 in the footwear and apparel sector. His call is based on compelling new products, improving growth strategies and efficient operations at each company.
Jim Henderson, via Wikimedia CommonsSears Holdings Corporation (NASDAQ: SHLD) needs to seriously decide what its future will bring. Nothing seems to work, and the guidance it issued after the close of trading on Thursday…
Bed Bath & Beyond is finally getting the dose of reality that should have been seen in 2013. Analysts have chimed in to the downside after the disappointing earnings report.