Retail

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Sears Gives Up, Files for Land’s End Spin-Off

ThinkstockIn a terse press statement Friday morning, Sears Holdings Corp. (NASDAQ: SHLD) said that it has filed with the U.S. Securities and Exchange Commission (SEC) to spin off its Land’s End stores in a…

Paul Ausick · 13 years ago

How Starbucks Attracts Holiday Shoppers

courtesy of Starbucks Corp.Got a coffee lover on your holiday gift list? Then Starbucks Corp. (NASDAQ: SBUX) has you covered. For Cyber Week 2013, that is through December 6, Starbucks has a buy one…

Trey Thoelcke · 13 years ago

Big Lots Stock Crushed on Canadian Store Closing

ThinkstockBig Lots Inc. (NYSE: BIG) reported third-quarter fiscal 2013 results after markets closed Thursday evening. The discount retailer posted an adjusted diluted earnings per share (EPS) loss of $0.16 and $1.15 billion in revenues.…

Paul Ausick · 13 years ago

Another Mega Storm Threatens Holiday Sales

ThinkstockMany holiday season analysts point to the skies to determine how well retail sales may do. Their logic is that very bad weather will keep people out of malls and shopping centers. Many of…

Douglas A. McIntyre · 13 years ago

Is J.C. Penney Management Unlucky or Bad?

courtesy J.C. Penney Co. Inc.News comes out of J.C. Penney Co. Inc. (NYSE: JCP) every day, making it one of the longest running dramas in American businesses — one that is now more than…

Douglas A. McIntyre · 13 years ago

Dollar Store Theme Alive and Well for 2014

Dollar General Corp. (NYSE: DG) keeps continuing to amaze investors and skeptics alike. The company’s post-earnings report reaction was very different from Dollar Tree Inc. (NASDAQ: DLTR). What is happening is that some value…

Jon C. Ogg · 13 years ago

J.C. Penney Stock Price Tanks on News of Hedge Fund Sale

courtesy J.C. Penney Co. Inc.On Wednesday the head of hedge fund Hayman Capital Management, Kyle Bass, pointed to General Motors Co. (NYSE: GM) as a stock with nearly 40% upside to its current price.…

Paul Ausick · 13 years ago

Fast-Food Worker Strikes Spread to 100 Cities

ThinkstockProtests and strikes by fast-food workers are expected to spread to 100 U.S. cities Thursday. This comes a little more than a year after a strike in New York, when 200 workers walked off…

Trey Thoelcke · 13 years ago

Can Walmart and McDonald’s Afford a $15 Minimum Wage?

courtesy Wal-Mart Stores Inc.The holiday season seems as good a time as any to question whether Wal-Mart Stores Inc. (NYSE: WMT) can afford to pay its workforce, some of whom make as little as…

Douglas A. McIntyre · 13 years ago

Amazon Says It Sets Weekend Kindle Sales Record

Wikimedia CommonsWithout mentioning a single fact, Amazon.com Inc. (NASDAQ: AMZN) said Wednesday morning that the past weekend’s shopping was the best ever for its Kindle family of products. Fact-free announcements are standard procedure for…

Paul Ausick · 13 years ago

Retail Sales Elation Gets a Dose of Reality From Express Inc. Report

ThinkstockSpecialty apparel retailer Express Inc. (NYSE: EXPR) saw its shares get crushed in premarket trading Wednesday morning. The company reported third-quarter results before markets opened, missing the earnings per share estimate by $0.02 but…

Paul Ausick · 13 years ago

Target Shares Slide on Walmart and Amazon Worries

courtesy of TargetMany retail stocks are higher over the past month. Investors have either received hard news, or have seen forecasts, that the largest companies in the sector, which include Wal-Mart Stores Inc. (NYSE:…

Douglas A. McIntyre · 13 years ago