Put Gap (GPS) Out Of Its Misery: Auction Off The Parts
Being a Gap (GPS) shareholder has been a long nightmare and that got worse today. Gap’s same store sales in October fell 16%. The retailer reported net sales of $1.08 billion for the four-week…
Retail
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Newest first · Page 351All Hail Wal-Mart (WMT)
The magnificence of being big and having extraordinary buying power put Wal-Mart (WMT) at the head of the retailing industry again. It can cut prices to consumers in a way that would ruin its…
Jim Cramer Takes on Yum! CEO (YUM)
Tonight on CNBC’s MAD MONEY, Jim Cramer hosted Doug Novak, CEO of Yum! Brands Inc. (NYSE: YUM), to discuss the economy and the company’s place in casual dining during a major economic slowdown. With…
Whole Foods Dismal Report Masked By Investment (WFMI)
Whole Foods Market Inc. (NASDAQ: WFMI) posted dismal earnings of $0.01 EPS on revenues of $1.79 billion. Thomson Reuters (First Call) had estimates pegged at $0.13 EPS and $1.81 billion. While this also marked…
The Grinch Steals Christmas For Good
The "Whos" down in "Whoville" has better watch themselves. The Grinch will steal Christmas. But, unlike the ending of the Dr. Seuss book, it won’t be given back to them at the last minute.…
Blue Nile Shows Zero Visibility (NILE)
Blue Nile, Inc. (NASDAQ: NILE) has posted its quarterly earnings, and it looks like the results are probably not as bad as many would have guessed. The leading online retailer of diamonds and fine…
Coldwater Creek Up You Know Which Creek (CWTR)
Coldwater Creek Inc. (NASDAQ: CWTR) has issued an earnings warning after the close of trading. Its preliminary third quarter results show sales of approximately $225 million. But that is only the start of it. …
Store Closings Aside: Circuit City (CC) Can’t Make It To 2009
Today’s financial news headlines and stories are about how Circuit City (CC) is closing 155 stores in the hope of staying in business. The real story is in the fine print. Based on the…
If Sears (SHLD) Can’t Extend Credit, Sales Could Fall 10%
Sears (SHLD) is already one of the weakest retailers in the US. Firms such as Wal-Mart (WMT) and Best Buy (BBY) have, in most cases, better merchandise, better store locations, and buying power to…
Cybex Treadmill Recall, One More Woe (CYBI)
Cybex International Inc. (NASDAQ: CYBI) has another issue to worry about besides a stalling economy and weak sales of exercise equipment ahead. The Consumer Product Safety Commission released today that the company is subject…
Wal-Mart (WMT): Winner And Still Champion
Over the last several years, Wal-Mart (WMT) turned away from its strength of providing everyday low prices on items ranging from drugs to lawn mowers. It tried to move upscale with fashion lines and…
Ackman’s Target Efforts Could Save Sears & Lampert (TGT, SHLD)
Target Corporation (NYSE:TGT) has confirmed that activist Bill Ackman’s Pershing Square has shared various ideas for an alternative ownership structure related to Target real estate. It also said that this has been going on…
Can Under Armour Outrun The Recession? (UA)
Under Armour, Inc. (NYSE: UA) is set to report earnings on Tuesday around 7:00 AM EST. The sporting apparel operation is expected to post earnings of $0.50 per share on $227.4 million in revenue. …
Dillard’s Under Activist Fire As Management Buys Shares (DDS)
Anyone who bought Dillard’s Inc. (NYSE: DDS) shares late Friday looking for a bounce caught a break. The stock is rallying sharply after management bought shares of stock in the open market and two…
Amazon.com Far From Immune To Consumer Slowdown (AMZN)
Amazon.com Inc. (NASDAQ: AMZN) today posted earnings of $0.27 per share and $4.26 billion in revenue. First Call had estimates were $0.25 EPS and $4.27 billion in revenue. When the company last reported earnings…