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Old Navy to Give Away $1 Million on Black Friday

thinkstockForget about opening early on Thanksgiving as a way to draw holiday shoppers. The Gap Inc. (NYSE: GPS) division Old Navy will give one shopper $1 million on Black Friday. Clothing retailers with stores…

Douglas A. McIntyre · 13 years ago

Why is J.C. Penney Having its Biggest Sale Ever?

courtesy J.C. Penney Co. Inc.Struggling retailer J.C. Penney Co. Inc. (NYSE: JCP) has started what it is billing as “Our Biggest Sale of Them All” and plans to run it through Saturday, November 9th.…

Paul Ausick · 13 years ago

RadioShack: The Turnaround That Cannot Turn Around

ThinkstockRadioShack Corp. (NYSE: RSH) is one of the 2013 turnarounds that almost looked promising earlier in the year. It turns out that RadioShack’s systemic issues are too much for the new CEO to somehow…

Jon C. Ogg · 13 years ago

Kmart to Open Early on Thanksgiving

ThinkstockKmart and Sears, the two major divisions of Sears Holdings Corp. (NASDAQ: SHLD) will join the group of large retailers that hope to move the start of the holiday season closer and closer to…

Douglas A. McIntyre · 13 years ago

Risk in J.C. Penney Stock Rebound

Courtesy J.C. Penney Co. Inc.; photo by Chris RupertThere is a growing school of thought that J.C. Penney Co. Inc. (NYSE: JCP) has started to walk out of the deep woods of retail oblivion…

Douglas A. McIntyre · 13 years ago

The Container Store IPO Doubles out of the Gate!

Courtesy The Container Store Group Inc.The Container Store Group Inc. (NYSE: TCS) retails home storage and organization products under the Elfa brand, and the company’s initial public offering (IPO) Friday morning has caused an…

Paul Ausick · 13 years ago

U.S Retail Sales Confirm Shaky Consumer Confidence

ThinkstockRetails sales in the United States totaled $425.9 billion in September, according to new data from the U.S. Census Bureau. That was a seasonally adjusted 0.1% decrease from the previous month, the first decline…

Trey Thoelcke · 13 years ago

Sears, Searching for Profits, May Spin Off Lands’ End

Jim Henderson, via Wikimedia CommonsIn a quarterly update press release Tuesday morning, Sears Holdings Corp. (NASDAQ: SHLD) reviewed actions it has taken or is contemplating in an effort to “improve our financial flexibility and…

Paul Ausick · 13 years ago

Walmart to Promote 25,000 Workers

courtesy Making Change at Walmart and UFCWAs a means to counter what has been an outcry over the amount of money Wal-Mart Stores Inc. (NYSE: WMT) makes, the world’s largest retailer will promote 25,000…

Douglas A. McIntyre · 13 years ago

Amazon.com: Where Market Share Trumps Profits

http://www.amazon.com/amazon-coinsAnalysts and pundits (ahem!) are spending a good part of Friday morning extolling the virtues of the earnings report from Amazon.com Inc. (NASDAQ: AMZN) that was released after markets closed the previous night. The…

Paul Ausick · 13 years ago

Penney’s Woes Could Squeeze U.S. Malls

courtesy J.C. Penney Co. Inc.Early estimates for the holiday shopping season vary widely, from a forecast of 2.4% growth from ShopperTrak to a 3.9% growth forecast from the National Retail Federation. Customer traffic at…

Paul Ausick · 13 years ago

FedEx Forecasts Early Peak in Holiday Shipping

By Tkgd2007 at en.wikipedia , from Wikimedia CommonsFedEx Corp. (NYSE: FDX) expects December 2 to be its peak shipping day this holiday season. Most analysts believe this means e-commerce will rob bricks-and-mortar companies of sales. The activity…

Douglas A. McIntyre · 13 years ago