thinkstockJ.C. Penney Co. Inc. (NYSE: JCP) tried to calm the markets earlier today when the company indicated that same-store sales patterns were improving. Anyone who invested in the shares later in the day as…
ThinkstockYou have seen many fast-food and casual dining chains aim to get more and more of those food spending dollars over the years. If you are a partier, you already know where to go,…
courtesy J.C. Penney Co. Inc.After posting a new 52-week low on Wednesday, Thursday’s premarket trading in shares of J.C. Penney Co. Inc. (NYSE: JCP) ticked up a little. The company issued an announcement this…
courtesy Wal-Mart Stores Inc.Update: This story edited to include Walmart’s denial of a report of a cut in orders. Mega-retailer Wal-Mart Stores Inc. (NYSE: WMT) has denied as “blatantly false” reports that it has…
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) is the king of retailing, with the largest presence of all retailers with more than 2 million workers and with what may be…
courtesy J.C. Penney Co. Inc.Update: At the time of writing, we had not seen the news that Goldman Sachs had downgraded J.C. Penney stock to Underperform. Given that the bank was reported earlier this…
courtesy J.C. Penney Co. Inc.So far this year, J.C. Penney Co. Inc. (NYSE: JCP) has borrowed about $3 billion to buy its way out of the hole it dug for itself under former CEO…
ThinkstockMajor U.S. retailers are announcing their hiring plans for the coming holiday shopping season, and the first two announcements have come in below last year’s totals. Kohl’s Corp. (NYSE: KSS) said last Thursday that…
Courtesy Tesco plcLondon-listed grocery store chain Tesco announced Monday morning that the store is launching its own branded seven-inch tablet. The device, which will go by the brand name Hudl, is priced at £119…
courtesy of StarbucksNothing worth adding. The letter speaks for itself: Tuesday, September 17, 2013 Posted by Howard Schultz, Starbucks chairman, president and chief executive officer Dear Fellow Americans, Few topics in America generate a…
thinkstockPrivate equity firm Sycamore Partners and its affiliates appear to be on a mission to snatch poorly performing retailers from the jaws of oblivion. The firm said Tuesday morning that it had acquired a…
ThinkstockRetail sales during the 2013 holiday shopping season are forecast to rise by 2.4%, but store traffic is expected to decline by 1.4% from year-ago levels. Compared with last year’s sales gain of 3%,…
courtesy J.C. Penney Co. Inc.The money that hoped to build back the confidence from investors and customers in the century-old J.C. Penney Co. Inc. (NYSE: JCP) is now almost completely gone. William Ackman of…
ThinkstockLululemon Athletica Inc. (NASDAQ: LULU) has been one of the largest and greatest IPO-to-riches stories of the past decade. That was the case right up until the company proved that it could make blunders…
Jim Henderson, via Wikimedia CommonsSears Holdings Corp. (NASDAQ: SHLD) is still an awful retailer, yet shares rose by 13% or so on Tuesday after a report opined that Sears could be worth more than…