retail

Gap’s Surprise: ‘We Are Keeping Old Navy … Oh, and We Are Raising Earnings Guidance!’

There are many cycles that run through the business world. Over the past 20 years Wall Street has seen its waves of telling companies "buy other companies for scale and ...
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Holiday Retail Sales Growth Were Better Than Many Troubled Retailers Are Suggesting

At the start of every January, many retailers start to release their readings on same-store sales and total sales trends for the holidays. This is the most important reporting of ...
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3 Top Retail Picks for Stronger Than Expected Gains in 2020, With Runners-Up

As each year comes to an end, Wall Street strategists, analysts and investors are forced to think about what is likely to occur in the markets. With the Dow Jones ...
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Retail Hires Most Seasonal Workers Since 2012

U.S. retailers have added 622,500 workers to their payrolls so far this holiday season, according to a new report from outplacement firm Challenger, Gray & Christmas. That's the highest two-month ...
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Why 2020 Is Looking Better and Better for Nike

There are some times in the markets when none of the traditional cautions seem to matter. Some U.S. companies do the bulk of their manufacturing overseas and may face continued ...
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Retail Sales Data Look Far Better on Annual Gains Than Monthly Gains

Retail sales posted a small gain in October's monthly readings but looked solid on the year-over-year readings. This appears to be setting a path that will support another solid holiday ...
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What Investors Are Seeing in JC Penney Q3 Results

J.C. Penney Co. Inc. (NYSE: JCP) reported third-quarter 2019 results before markets opened Friday. The struggling retailer reported an adjusted net loss per share of $0.30 and $2.38 billion in ...
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Early Estimates of Americans’ Holiday Spending May Be Too Low

In early October, the National Retail Federation (NRF) estimated 2019 holiday season sales would rise by 3.8% to 4.2% year over year to total between $727.9 billion and $730.7 billion. ...
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US Retail Sales Projected to Top $1 Trillion This Holiday Season

Americans are expected to spend just over $1 trillion this holiday season, despite a shopping season that it six days shorter and anxiety over the U.S. economy. That projection marks ...
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Many Problems & Caveats Face Any Would-Be Acquirer of Walgreens, Even Warren Buffett

It's one thing to think that there is a value investor's dream awaiting in the shares of Walgreens Boots Alliance Inc. (NASDAQ: WBA). It's another thing to really consider that ...
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Is Amazon Growing Fast Enough for Investors?

Amazon.com Inc. (NASDAQ: AMZN) released third-quarter financial results after markets closed Thursday. The e-commerce empire said that it had $4.23 in earnings per share (EPS) and $69.98 billion in revenue, ...
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Weak Retail Sales Weigh on the Markets

In a sensitive economy in which growth is slowing enough that recession fears are high, every single economic report is given a very close look. Retail sales matter when it ...
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An Amazing Number of People Can’t Remember What Gifts They Got Last Year

U.S. consumers are expected to loosen their wallets a bit this year and spend around 4% more on holiday gift giving than they did last year. From a retailer's perspective, ...
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US Firms to Hire Fewer Seasonal Workers This Year

Citing data from the U.S. Bureau of Labor Statistics (BLS), outplacement firm Challenger, Gray & Christmas is predicting that the number of seasonal jobs offered this year will be no ...
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Target, UPS Set Seasonal Hiring Plans

It's nearly that time of year again. Now that back-to-school shopping is behind us, U.S. retailers are looking ahead to the holiday season, which generates as much as 30% of ...
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