The Real Reason Why Retail Sales Rose? Discounts
Lost in the fog about the record 0.5% growth in December and 6.6% gain in 2010 retail sales was the reason behind it: discounts. Retailers — both large and small — learned their lesson…
Lost in the fog about the record 0.5% growth in December and 6.6% gain in 2010 retail sales was the reason behind it: discounts. Retailers — both large and small — learned their lesson…
lululemonShares of Lululemon Athletica Inc. (NASDAQ: LULU) had a great 2010 and the company had already risen after raising its guidance after earnings in early December. When things go well they must go incredibly…
RadioShack Corp. (NYSE: RSH) is off to a very rough start in 2011. Its stock has only enjoyed one day of gains since the start of the year. Yesterday brought much carnage to its…
Sears Holdings Corp. (NASDAQ: SHLD) today reported same-store sales and estimated net income for its fourth fiscal quarter ending January 29th. Same-store sales at Kmart and Sears stores were off a combined -1.7% for…
Sales at Family Dollar Stores, Inc. (NYSE: FDO) were the best in 12 years. That sounds great until the realization that earnings missed analysts’ estimates and the company’s shares are indicated down sharply in…
China’s online retail market turned over about $49 billion in business during 2010. Amazon.com Inc. (NASDAQ: AMZN) will post about half that amount as revenue for the current fiscal year, and the total US…
Sonic Solutions (NASDAQ: SNIC) has announced that its RoxioNow platform will be used for a new video download and distribution platform for none other than Sears Holdings Corp. (NASDAQ: SHLD). We recently covered how…
The third generation of Amazon.com’s (NASDAQ: AMZN) Kindle e-reader was the best selling product in the e-commerce firm’s history. The announcement was confused with a number of pieces of data which did not quite…
The National Retail Federation predicts retail sales will rise 3.3% this holiday season. MasterCard SpendingPulse, a research operation, says that store activity has accelerated sharply in the last week. The NRF figure may turn…
‘Tis the season for loss leaders. Maybe retailers were scared by the ho-ho horrible recent holiday seasons or maybe they were concerned that consumers remained as worried as ever about the economy though it…
Darden Restaurants, Inc. (NYSE: DRI) is experiencing what investors need to recognize as an equilibrium imbalance between unrealistic expectations and the growth realities of the economy. Last night the company met earnings estimates but…
Free shipping has begun to draw more and more customers to online retail sites. The surge of consumers could continue into 2011 and next holiday season. Large store chains like Best Buy (NYSE: BBY),…
The prices of goods sold online has moved up sharply according to data from MIT. The movement higher has outpaced the Consumer Price Index recently, a possible sign of inflation in the cost of…
Last-minute shoppers plan to be out in force this holiday season. A survey of shoppers by American Express Co. (NYSE: AXP). The survey indicates that 84% of shoppers haven’t finished yet and more than…
McDonald’s (NYSE: MCD) is tired of taking blame for soaring childhood obesity rates and the resulting Type 2 diabetes and heart disease. The company’s CEO Jim Skinner told the FT that the “food police” have…