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Cyber Monday Numbers Reach Best Online Sales Day Ever

ThinkstockE-commerce has come of age, and is no longer the little brother of bricks and mortar retail. What proponents of Amazon (NASDAQ: AMZN) have known all along, research released today supported–online holiday sales are…

Douglas A. McIntyre · 13 years ago

Activist Investor Demands New Abercrombie CEO

ThinkstockJoining what should be a large chorus calling for replacing Abercrombie & Fitch Co. (NYSE: ANF) CEO Michael Jeffries, activist investor Engaged Capital, headed by Glenn Welling, has sent a letter to the A&F’s…

Paul Ausick · 13 years ago

Jefferies Top Merger and LBO Stock Picks for 2014

thinkstockLeveraged buyout (LBO) activity within the specialty retail space has heated up over the past year and a half, with the completion of the Rue 21 takeout in October the most recent deal. The…

Lee Jackson · 13 years ago

Cyber Monday Success: Online Sales Set New Record

ThinkstockOnline shopping on Cyber Monday lived up to its billing, topping Black Friday’s online sales of around $2 billion with a new record of $2.29 billion. That is very close to an estimate of…

Paul Ausick · 13 years ago

Organic and Natural Grocery Chain Dies in D.C. and Maryland

ThinkstockApparently being all organic, natural or healthy is no longer an assured success in the grocery store business. A company called Natural Markets Food Group has announced that it will be closing its six…

Jon C. Ogg · 13 years ago

Will Cyber Monday Offset Weak Holiday Shopping Start?

ThinkstockA survey for the National Retail Federation (NRF) estimated that more than 141 million different shoppers hit the stores over the four-day Thanksgiving holiday. That is slightly more than the 139 million that hit…

Paul Ausick · 13 years ago

Retailers Hurt by Slow Holiday Sales

ThinkstockThe worst fears of the retail industry were realized as holiday retail sales fell below expectations. Research firm ShopperTrak reported that Thanksgiving and Black Friday only produced $12.3 billion dollars for the industry. That…

Douglas A. McIntyre · 13 years ago

Amazon and Walmart: Weekend Sprint Over, Holiday Marathon Begins

courtesy of Wal-Mart Stores Inc.Thanksgiving online sales may have gone above $1 billion for the first time. Wal-Mart Stores Inc. (NYSE: WMT) may have had record-breaking Black Friday sales. But the big Thanksgiving holiday…

Douglas A. McIntyre · 13 years ago

Thanksgiving Day Shopping Soon to Top Black Friday?

ThinkstockResults for the shopping extravaganza known as Black Friday have begun to come in and by all accounts, Thanksgiving Day and Black Friday shoppers held up their end of the bargain. Retailers’ promotional prices…

Paul Ausick · 13 years ago

Amazon Tablet Sales Hammer Competition

Amazon.com Inc.If the fourth quarter matters as much to tablet sales as it does to other consumer electronics devices, Amazon (NASDAQ: AMZN) will almost certainly have a huge lead. New research shows Kindle sales…

Douglas A. McIntyre · 13 years ago

Can Amazon Have A $25 Billion Holiday Quarter?

ThinkstockWhat would a huge holiday quarter look like for Amazon (NASDAQ: AMZN)? Revenue of $25 billion. At that level Amazon would prove that its sales can continue to grow at an unexpectedly rapid pace,…

Douglas A. McIntyre · 13 years ago

The Day After Black Friday: Cyber Monday

ThinkstockWhat has become the largest day for online sales in any given year is nearly upon us again. Cyber Monday, the first Monday after the long Thanksgiving weekend, is right around the corner, and…

Paul Ausick · 13 years ago