ThinkstockUpdated 10:46 a.m. 12/16/2013. The strike by Amazon workers from Germany due to what they believe is low pay has not caused any concern, or excitement, among investors — although it was reported everywhere…
ThinkstockPerhaps it was the bad weather in the Northeast the kept many shoppers home this weekend or perhaps shoppers are waiting for retailers to drop prices further, but the result seems to be that…
courtesy Wal-Mart Stores Inc.The spread of estimates of how holiday sales did over the period from Black Friday through Cyber Monday is wide. NRF reported that Thanksgiving Holiday spending reached $57.4 billion, which was a slight…
Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) admitted that the discounts it gave on gifts during its Black Friday Deals Week and Cyber Monday Deals Week are over. Like every other retailer, it has to keep…
lululemonAfter yoga clothing maker Lululemon Athletica Inc. (NASDAQ: LULU) reported third-quarter earnings Thursday morning, shares fell about 9%, even though the company’s earnings per share (EPS) and revenues both beat consensus estimates. The trouble…
ThinkstockIn the matter of how large the holiday sales pie will be this year, the size apparently will be small. That means retailers, both store-based and Internet-based, will need to take business from one…
ThinkstockShopper traffic fell 21.6% year-over-year in the week ending December 8th according to the latest survey data from ShopperTrak released Wednesday. Sales compared with the same period a year ago were , down 2.9%.…
ThinkstockIt is coming close to year-end, and 24/7 Wall St. is looking out for which CEOs and groups of company insiders are selling big blocks of stocks and bringing in millions of dollars going…
ThinkstockAt the company’s investor and analyst conference on Wednesday, home improvement giant Home Depot Inc. (NYSE: HD) will reaffirm its guidance for the current fiscal year, offer financial targets for fiscal 2014 and announce…
ThinkstockHow long can a company survive selling high-priced (some might say overpriced) yoga clothing for women? We are about to find out as yoga apparel maker Lululemon Athletica Inc. (NASDAQ: LULU) is getting a…
ThinkstockThe board of directors at Abercrombie & Fitch (NYSE: ANF) has decided to extend the contract of CEO Michael Jeffries, and activist investor Engaged Capital LLC could not be more displeased. The fund had…
ThinkstockSo far, the list of reasons shoppers may let down the retail industry this year includes unemployment that is still at high levels, weak store sales over the Thanksgiving weekend and a consumer spending trend that has been…
courtesy Wal-Mart Stores Inc.Major retailers have not let up on offering discounts — even a little. The trend could pull in shoppers who did not exhaust their budgets on the Thanksgiving to Black Friday…
ThinkstockShares of Barnes & Noble Inc. (NYSE: BKS) tumbled nearly 12% on Friday following the announcement that the U.S. Securities and Exchange Commission (SEC) was launching an investigation into the company’s accounting practices. The…
What do the demographics of American’s shoppers look like, and where do they shop based on their incomes? Gallup claims it knows, Americans with annual household incomes of $75,000 or more are significantly more…