ThinkstockRetail e-commerce spending rose 15% year-over-year in the third quarter to $41.9 billion according to the latest data from comScore Inc. (NASDAQ: SCOR). Sequentially, however, online retail spending was down 2.8% from the second…
ThinkstockKraft Foods Group Inc. (NASDAQ: KRFT) said this morning that new products and increased advertising helped it exceed Wall St. expectations. It also stood by its forecast for 2013. The food and beverage company…
Wikimedia CommonsHas Amazon.com Inc. (NASDAQ: AMZN) got a deal for you! For just $7.99 a month, you get the company’s Prime free 2-day shipping service plus access to the company’s streaming video service. For…
courtesy of Office DepotOffice Depot Inc. (NYSE: ODP) said this morning that it swung to a third-quarter loss of $69.6 million, or $0.25 per share, due in part to declining same-store sales in North…
thinkstockRestoration Hardware Holdings Inc. (NYSE: RH) is opening for trading despite the delays seen in other IPOs due to Hurricane Sandy closing the exchanges. The high-end furniture and fixture retailer sold some 5,164,332 shares…
thinkstockRalph Lauren Corp. (NYSE: RL) reported fiscal second-quarter 2013 earnings this morning. The apparel company posted diluted earnings per share (EPS) of $2.29 on revenues of $1.86 billion. In the same period a year…
ThinkstockStarbucks Corp. (NASDAQ: SBUX) is surging after its earnings report as traffic rose for the coffee giant. Sales rose a sharp 6% for its same-store sales. The earnings reported by Starbucks came in at…
courtesy of TargetSeveral retailers are announcing October same-store sales today, and the reports are generally good. Research firm Retail Metrics projects an overall gain of 4.6% for the month, excluding the impact of drug…
thinkstockCostco Wholesale Corp. (NASDAQ: COST) this morning reported a better-than-expected rise in October same-store sales, due in part to higher gasoline prices and a weak dollar. The company said its net sales in October…
courtesy PVH Corp.PVH Corp. (NYSE: PVH) announced this morning that it has entered a definitive merger agreement with The Warnaco Group Inc. (NYSE: WRC) and will acquire Warnaco for $2.9 billion. The transaction includes…
Wikimedia CommonsWhich industries benefited from Hurricane Sandy? Very few, one has to suppose. But among those must be e-commerce, which means another victory for Amazon.com Inc. (NASDAQ: AMZN), even if it was not entirely…
Tumi Holdings Inc. (NYSE: TUMI) may have reported a tenfold rise in net income and it may have raised its full-year guidance. The problem is that the company submitted a filing with the Securities and…
Burger King Worldwide Inc. (NYSE: BKW) reported third-quarter 2012 results before markets opened this morning. The fast-food restaurateur posted adjusted diluted earnings per share (EPS) of $0.17 on revenues of $451 million. In the…
Friday’s IPO comes from The WhiteWave Foods Company (NYSE: WWAV). This is a packaged food and beverage outfit, and its top brands include plant-based foods and beverages, coffee creamers and beverages, and premium dairy products.…
Amazon.com Inc. (NASDAQ: AMZN) has reported that sales were up 27% to $13.81 billion and its loss was $0.23 in normalized EPS after backing out items. Thomson Reuters was calling for -$0.08 EPS and…