Surprise in Retail Sales Data
thinkstockRetail chain sales are down 0.5% for the first three weeks of June versus May, according to Redbook Research, but the report is actually a gain of 2.8% from a year ago. What is…
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Newest first · Page 264Barnes & Noble Company Earnings Have Evaporated
ThinkstockBarnes & Noble Inc. (NYSE: BKS) reported fourth-quarter and full-year fiscal 2013 results before markets opened this morning. The bookstore chain reported a quarterly diluted earnings per share (EPS) loss of $2.11 on revenues…
Walgreen Company Earnings Not What the Doctor Ordered
courtesy of WalgreenWalgreen Co. (NYSE: WAG) reported third-quarter fiscal 2013 results before markets opened this morning. The drugstore chain reported adjusted diluted earnings per share (EPS) of $0.85 on revenues of $18.31 billion. In…
Amazon Stores Leave Walmart.com Further Behind
courtesy Making Change at Walmart and UFCWSome retail analysts believe that if Wal-Mart Stores Inc. (NYSE: WMT) is to keep its presence as the largest retailer in the United States, it eventually will have…
Zimmer Has Large Investor Allies to Take Back Men’s Warehouse
ThinkstockGeorge Zimmer, founder and former executive chairman of Men’s Warehouse Inc. (NYSE: MW), likely can take back control of the retailer. And he does not have to look far for allies that can help…
Neiman Marcus Files for IPO, Coming Public Again
courtesy of NeimanMarcus.comNeiman Marcus is going to become a public company again. After going private in a private equity buyout, the upscale retail department store has filed its paperwork with the U.S. Securities and…
The Men’s Warehouse Goofball Board
ThinkstockThe board of Men’s Warehouse Inc. (NYSE: WM) is made up of people who should not be on any public board. The irony is that all were added on the watch of fired chairman…
Kroger Company Earnings Lead to Better Outlook
ThinkstockThe Kroger Co. (NYSE: KR) reported first-quarter 2013 results before markets opened this morning. The grocery chain reported quarterly diluted earnings per share (EPS) of $0.92 on revenues of $30 billion. In the same…
Highly Unusual Firing of Founder George Zimmer, More Unusual Stock Price Reaction
ThinkstockThe Men’s Wearhouse Inc. (NYSE: MW) really is not down as much in the price of its stock as one might have been braced for. The men’s apparel retailer terminated George Zimmer from his…
Lululemon: Is the Stock a Buy or a Sell?
ThinkstockSince Lululemon Athletica Inc. (NASDAQ: LULU) posted its first-quarter earnings a week ago, the share price has dropped from $82.28 to $66.15 at last Friday’s close. That is down nearly 20% — and the…
Lowe’s Acquires Home Improvement Chain Orchard Supply
ThinkstockLowe’s Companies Inc. (NYSE: LOW) said this morning that it has concluded an asset purchase agreement to acquire the majority of the assets of Orchard Supply Hardware Stores Corp. (NASDAQ: OSH) for $205 million…
Smithfield Foods Company Earnings Weak, but Who Cares?
ThinkstockSmithfield Foods Inc. (NYSE: SFD) reported fourth quarter and fiscal year 2013 results before markets opened this morning. The food processing firm reported diluted earnings per share (EPS) of $0.21 on revenues of $3.3…
Microsoft Mini-Stores in Best Buy to Push Windows 8
courtesy of MicrosoftBest Buy Co. Inc. (NYSE: BBY) and Microsoft Corp. (NASDAQ: MSFT) have decided to set a deal for the world’s largest software company to have a store within a store, where Microsoft…
Windows Stores Inside Best Buy, Chasing Apple and Samsung
courtesy Best Buy Co. Inc.Sometimes copying a successful proven strategy is far more rewarding than the risks of trying something new that has never been seen before. Remember how Apple Inc. (NASDAQ: AAPL) did…
SeaWorld Launches Ambitious Dividend Yield After IPO, Sort Of
ThinkstockSeaWorld Entertainment Inc. (NYSE: SEAS) is still a fairly new public company since it launched its IPO just in April. Shares are handily higher as well, and now shareholders are getting another boost from…