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Amazon Suffering from Sales Tax Collections?

Wikimedia CommonsOnce exempt from most state and local sales taxes, Amazon.com Inc. (NASDAQ: AMZN) now collects the taxes in at least nine states, including New York, Texas, California, and Massachusetts. Some early research indicated…

Paul Ausick · 14 years ago

Luxury Shoppers Hard to Please

ThinkstockA new survey by customer satisfaction research firm ForeSee has found that luxury shoppers are not getting the kind of service they expect from retailers catering to the high-end market. The top scoring retailers…

Paul Ausick · 14 years ago

Now What for RadioShack?

ThinkstockElectronics retailer RadioShack Corp. (NYSE: RSH) this morning announced that it will end its relationship with Target Corp. (NYSE: TGT) in mid-April. RadioShack operated Target Mobile kiosks in 1,500 Target stores in the United…

Paul Ausick · 14 years ago

Holiday Sales Slide at Best Buy

courtesy Best Buy Co. Inc.Electronics retailer Best Buy Co. Inc. (NYSE: BBY) announced this morning that total sales for the nine weeks of the 2012 holiday season declined 0.4% while same-store sales fell by…

Paul Ausick · 14 years ago

Supervalu Asset Sales, Earnings Please Investors

ThinkstockRetail grocery store chain Supervalu Inc. (NYSE: SVU) this morning reported third fiscal quarter adjusted diluted earnings per share (EPS) of $0.08 on sales of $7.9 billion. In the same period a year ago,…

Paul Ausick · 14 years ago

Icahn Now in Herbalife Fray?

ThinkstockHedge fund Pershing Square Capital Management and its CEO, William Ackman, made a lot of waves (and headlines) with Ackman’s takedown of Herbalife Inc. (NYSE: HLF). Calling the weight loss and nutritional supplement company…

Paul Ausick · 14 years ago

Tiffany Lowers Guidance After Flat Holiday Sales

courtesy Tiffany & Co.Luxury retailer Tiffany & Co. (NYSE: TIF) this morning reported same-store sales totals for the two months of November and December 2012. The store also lowered its full fiscal year guidance.…

Paul Ausick · 14 years ago

Dan Loeb Jumps in Behind Herablife

ThinkstockHerbalife Ltd. (NYSE: HLF) is getting a very strange move in this activist shareholder battle. Last night we noted that Bill Ackman of Pershing Square was out with its summary document stating its case…

Jon C. Ogg · 14 years ago

GameStop Warning, Delivers Coal in the Holiday Stockings

courtesy GameStop Corp.GameStop Corp. (NYSE: GME) is showing that some hot video games did not exactly translate into the great video game recovery for which investors have been waiting (and waiting and waiting). The…

Jon C. Ogg · 14 years ago

Lampert, the Man Who Ruined Sears, Takes Over

ThinkstockThe man who created Sears Holdings Corp. (NASDAQ: SHLD) in 2005, largely through the combination of Sears and Kmart, and then ruined the new public company, will take over as CEO of the firm…

Douglas A. McIntyre · 14 years ago

Yum! Brands Learns About China the Hard Way

courtesy of KFCYum! Brands Inc. (NYSE: YUM) filed an 8-K with the SEC that drove down its share price. Problems with the Chinese government have hurt its sales: Due to adverse publicity associated with…

Douglas A. McIntyre · 14 years ago