More Stores Opening on Thanksgiving
ThinkstockThanksgiving has been one of those holidays in America that has long been considered sacred as a day off of work for just about everyone short of skeleton hospital crews and traffic police. That…
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Newest first · Page 258Retailers Look Weak: Costco, Family Dollar Earnings
ThinkstockTwo major retail chains reported fiscal fourth-quarter results Wednesday morning, and while neither one was a complete dud, they did not set off fireworks either. Costco Wholesale Corp. (NASDAQ: COST) and Family Dollar Stores…
Daily Deals Site for Moms Called Zulily Files for IPO — Beating Gilt
ThinkstockEarlier today we saw the social media stocks taking a tumble. We simply blame this on an attack on high-flyers, now that Congress and the president refuse to even speak with each other. Now…
J.C. Penney Same-Store Sales Look Better, but Don’t Be Fooled
thinkstockFor the month of September, J.C. Penney Co. Inc. (NYSE: JCP) reported that same-store sales improved by 5.8%, compared with the decline in same-store sales posted in August. Said clearly, same-store sales fell 9.8%…
How Deeply Will J.C. Penney Cut Merchandise Prices?
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertAmong the many scores of problems that J.C. Penney Co. Inc. (NYSE: JCP) has is how deeply it should cut the prices of merchandise to bring…
Holiday Retail Forecast Too Low to Aid Weak Companies
courtesy J.C. Penney Co. Inc.The National Retail Federation (NRF) reports that the industry should post a 3.9% increase in sales to $602.1 billion. On its face, the number looks good. However, if the forecast…
Brace for Downside in Key Retail Store Sales
ThinkstockThe outlook for retailers reporting September same-store sales on Thursday offers substantial improvement over September 2012, but there are significant downside risks to the early estimates. Research firm Retail Metrics estimates that same-store sales…
Burlington Shares Pop on IPO
ThinkstockIn an initial public offering (IPO) on Wednesday morning, Burlington Stores Inc. (NASDAQ: BURL) sold 13.3 million shares at an IPO price of $17 a share and quickly jumped 38% to trade around $23.45.…
Why Nike Is a Buy Now
Wikimedia CommonsNike Inc. (NYSE: NKE) has several things going for it. It is a newly added Dow Jones Industrial Average component. We also expect the company to raise its dividend in the next few…
Walgreen Earnings Follow Better Same-Store Sales
courtesy of WalgreenWalgreen Co. (NYSE: WAG) posted fourth-quarter and fiscal-year 2013 results before markets opened Tuesday morning. The drugstore chain reported adjusted diluted earnings per share (EPS) of $0.73 on revenues of $17.94 billion.…
Retailers Hiring the Most Employees for the Holidays
courtesy of Wal-Mart Stores Inc.As the holiday season approaches, retailers are preparing for the busiest shopping time of the year by increasing their workforces. Five of the nation’s largest retailers will add nearly 300,000…
Container Store Files for IPO
ThinkstockThe Container Store Group Inc. has joined the waves of well-known companies looking to come public in an initial public offering. Formal terms have not been set other than that the IPO will be…
Counter-Take: J.C. Penney Offering Was Just to Get Rid of Short Sellers
J. C. Penney Co. Inc. (NYSE: JCP) has done serious damage yet again to its reputation. Earlier in the year its finances were said to be just fine. Then a fresh report from Goldman…
J.C. Penney Shares Get No Help from Secondary Offering
courtesy J.C. Penney Co. Inc.Before markets opened on Friday morning, J.C. Penney Co. Inc. (NYSE: JCP) priced a secondary offering of 84 million shares of common stock at $9.65 a share, about 7.4% below…
McDonald’s Balanced Food and Beverages Could Kill It
courtesy of McDonald'sAfter decades of serving people food and beverages that can cause customers heart problems, diabetes and perhaps cancer, McDonald’s Corp. (NYSE: MCD) has finally done what it should — make a good…