Retailers were hoping to put a solid close to the holiday shopping season with plentiful day-after-Christmas sales aimed at wringing out shoppers’ last dollar. That was probably wishful thinking at Sears Holdings Corp. (NASDAQ:…
Investors walked away from several retail stocks late this year. Those companies probably will continue to falter in 2012 and 2013. Best Buy (NYSE: BBY), Gap (NYSE: GPS) and Sears Holdings (NASDAQ: SHLD) shares sold…
The list of reasons that Best Buy’s (NASDAQ: BBY) board should fire CEO Brian Dunn just got longer. A number of orders made by customers from bestbuy.com will not be delivered by Christmas. And,…
Gallup data confirms what Comscore and National Retail Federation research have already hinted. Holiday sales in 2011 may rise to levels that were hardly dreamed of just months ago. This will encourage economists to…
Starbucks Corporation (NASDAQ: SBUX) has given its shareholders the ultimate gift of all this holiday season. This stock did not just hit a new 52-week high today. Starbucks shares hit an all-time high of…
Food producers have been battling rising commodity costs, higher fuel costs, and higher packaging costs by raising their prices. That appears to be working decently for ConAgra Foods Inc. (NYSE: CAG) and not so…
Holiday shoppers have been spending in force this year, both in brick-and-mortar stores and, even more strongly on-line. Sales are up more than 3% overall and on-line sales are 15% higher than a year…
Amazon.com is the largest e-commerce retailer in the world. In the third quarter of this year the company’s net sales increased 44% to $10.88 billion, compared with $7.56 billion in the third quarter of…
The National Retail Federation, the association that represents the country’s retail companies, sharply upgraded it forecast of holiday sales. That forecast is still threatened by the faltering economy and, even if it is correct,…
Diamond Foods, Inc. (NASDAQ: DMND) had a huge day on Friday after a research report indicated that the company’s accounting review would not yield much in irregularities in payments to walnut growers. A report…
FedEx (NYSE: FDX) expects December 12 to be the busiest day in its history, as far as shipments through its system are concerned. That is one more sign that the consumer has attained a level…
How wealthy does someone have to be to be wealthy? Not too much, according to a new poll by Gallup. The data show that Americans, who the government says have a median household income nationwide of…
Layoffs were part of the business news yesterday. Enough people lost jobs in a series of three “downsizings” to reminds those who believe unemployment continues to fall that the economy still struggles. Pacific Sunwear of…
Chico’s FAS (NYSE: CHS) said its growth story remains intact, even though consumer spending is expected to remain soft. Additionally, despite falling margins at its flagship stores and rising inventories, the women’s clothing retailer…
With the focus on holiday shopping, now is a good time to have a look at potential upside gains in specialty retail stocks. We’ve looked at five stocks that we’ve been watching in the…