A Truce in the U.S.-Mexico Tomato Wars
ThinkstockThe tomato wars between Mexico and the United States are over. The announcement was front page news, although it is hard to see why that happened. According to The New York Times: The United…
Retail
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Newest first · Page 277Best Buy Tries to Smack Down 24/7 Wall St.
courtesy Best Buy Co. Inc.Over the weekend, a Best Buy Co. Inc. (NYSE: BBY) public relations department manager, Jonathan Sandler, decided to mount a personal attack on a 24/7 Wall St. writer for an analysis…
Best Buy Knuckles Under
courtesy Best Buy Co. Inc.The management of Best Buy Co. Inc. (NYSE: BBY) finally has come to its senses — at least in part. The retailer will close 15 of its large stores in Canada.…
Insiders Dump $400 Million Worth of Five Below Stock
Five Below Inc. (NASDAQ: FIVE) has enjoyed a rather good run since its 2012 initial public offering. The company sells products that cost under $5 and are supposed to be targeted towards children. Now…
Amazon.com Regains Ground on Operating Margin
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) has reported its important fourth quarter earnings report. Operating income increased 56% to $405 million in the fourth quarter. The retailer of almost everything…
Hostess Close to Deal for Twinkies
courtesy of Hostess Brands Inc.A deal worth more than $400 million may be on the table as soon as tomorrow for Hostess Twinkies and other of the bankrupt Hostess Brands Inc.’s popular snack food…
J.C. Penney Will Offer More Sales, Diminish Role of Martha Stewart Brand
courtesy J.C. Penney Co. Inc.A dispute between Martha Stewart Living Omnimedia Inc. (NYSE: MSO) and Macy’s Inc. (NYSE: M) over a licensing deal between Stewart and J.C. Penney Co. Inc. (NYSE: JCP) is set…
E-commerce Giants Ruin Life for the Rest of the Industry
ThinkstockWhen the online audience heft of Amazon.com Inc. (NASDAQ: AMZN), eBay Inc. (NASDAQ: EBAY), Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT) are taken into account, it is clear how much of…
Who Will Charge the New Credit Card Surcharge?
ThinkstockBeginning this week, merchants may charge a 4% premium for people who use credit cards for their purchases. A settlement in a legal action between card companies and merchants has triggered that fee. Now,…
Starbucks Earnings In Line, Outlook Doesn’t Impress
courtesy of StarbucksStarbucks Corp. (NASDAQ: SBUX) reported fiscal 2013 first quarter results after markets closed today. For the quarter, the coffee roaster and restaurant company posted diluted earnings per share (EPS) of $0.57 on…
Retail Sales Growth Choppy So Far This Year
ThinkstockFor the third consecutive week since the beginning of the year, the ICSC-Goldman Sachs index of retail sales is down. For the week ending January 19th, sales fell 1.5% from the previous week. For…
McDonald’s Results Just Okay
courtesy of McDonald'sMcDonald’s Corp. (NYSE: MCD) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the fast-food restaurant chain posted diluted earnings per share (EPS) of $1.38 on revenues…
Coach Battered After Earnings, Revenues Miss
ThinkstockCoach Inc. (NYSE: COH) reported second-quarter fiscal 2013 results before markets opened this morning. The luxury goods firm posted diluted quarterly earnings per share (EPS) of $1.23 on revenues of $1.5 billion. In the…
Walmart Increasing Its Presence in Canada
courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) is making an expansion in Canada, which some investors may say is on the heels of a similar move from rival Target Corp. (NYSE: TGT)…
Walmart Goes Small
courtesy of Wal-Mart Stores Inc.Retail giant Wal-Mart Stores Inc. (NYSE: WMT) has revealed plans to open a 2,500-square foot store on the campus of Georgia Tech. The store will be, by far, the smallest…