Lampert’s Surprise For Sears Holders (SHLD)
Sears Holdings Corporation (NASDAQ: SHLD) has been a significant winner lately even though it has been a very poor retailer for most of its recent history. But Eddie Lampert’s surprises was that he not…
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Newest first · Page 330Hershey And Cadbury: Are Private Meetings Private?
By Douglas A, McIntyre One way to fight a hostile takeover is to find a “white knight”. Cadbury (NYSE:CBY) is doing just that in clandestine meetings with Hershey (NYSE:HSY). The meetings are no longer…
Costco (COST) Numbers A Sign Of Retail Recovery
CostCo’s (NASDAQ:COST) December numbers look like a strong sign that retail sales are recovering, at least in the affluent end of the warehould sales business. CostCo reported net sales of $8.26 billion for the month…
What Will Hershey (HSY) Have To Pay For Cadbury (CBY)? $20 Billion
Hershey Co. (NYSE: HSY) may be posturing to top Kraft Food Inc.’s (NYSE: KFT) bid for Cadbury Plc. (NYSE: CBY) Hershey would likely make a friendly bid, at least 10 percent higher, between $19…
Only 1.5% Of Cadbury (CBY) Shareholders Have Backed Kraft Offer
Kraft (NYSE:KFT) says that 1.52% of Cadbury (NYSE:CBY) shareholders have backed its offer to buy the UK firm. The offer will stay open until February 2, but that probably will not matter. Kraft has raised the cash…
Buffett Potential Kraft-Cadbury Roadblock (BRK-A, KFT, CBY)
Berkshire Hathaway Inc. (NYSE: BRK-A) has made one of its more unusual press releases. The company said that it has voted “no” on Kraft’s proposal to authorize the issuance of up to 370 million…
Holiday Retail A Wreck Even With Late Spending
It is likely that there were very few winners among retailers this holiday season. Mid-market chains such as Macy’s (NYSE:M) and Nordstrom (NYSE:JWN) probably had bad results. Perennially weak retailers which include Abercrombie & Fitch (NYSE:ANF) almost…
Brutal Year For E-Commerce, Online Holiday Sales Up Only 3.5%
There had been a great deal of hope among online retailers that 2009 would be a substantial improvement over 2008, a year in which e-commerce revenue growth was the worst it has been since…
“Tavern On The Green”, A Monument To Excess, Closes
“Tavern on the Green”, one of the most lavish restaurants in New York City, will close on New Year’s Eve. The Central Park icon once took in more receipts than any other eatery in…
Neiman Marcus And Sears Crushed In New E-Commerce Survey
Customer satisfaction with the e-commerce operations at Neiman Marcus and Sears (NASDAQ:SHLD) was particularly bad this shopping season based on research covering the 40 largest US retailers based on internet revenue. The poll results come from a survey of 10,000 …
IPO Filing: Excel Trust, A REIT Soon-To-Be (EXL)
There was an interesting filing for an initial public offering that was put in at the SEC after most investors, brokers, advisors, and traders had already headed home either for Christmas of for the…
Amazon’s (AMZN) Kindle Is Its Top Selling Holiday Product Ever
The Kindle has become the most purchased item given as a gift in the history of the powerful e-commerce site, Amazon.com (NASDAQ:AMZN). And, Amazon announced that “On Christmas Day, for the first time ever, customers purchased more…
Wal-Mart Will Extend Discounts; Can Target and Amazon Follow?
In an unexpected announcement this morning, Wal-Mart (NYSE:WMT) said it plans to extend its holiday season discounts beyond December 25th. The world’s largest retailer plans to offer a $50 Wal-Mart gift card to buyers…
E-Commerce Posts Record Day Over $900 Million
The e-commerce industry posted its first $900 million day, ever. Online research firm comScore reports that on December 15, e-commerce sales hit $913 million. The surge held put holiday online sales up 4% to almost $24.8…
Nike’s Comments on Future with Tiger Woods (NKE)
Most people in America now are probably not as interested in what Nike Inc. (NYSE: NKE) did for earnings after the closing bell today, but the Tiger Woods story is still big news. Our…