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Retail

The Worst Performing Retailers of 2019

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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Amazon Limps Out of the Holiday Season

Spending rose 3.4% this holiday season, which is measured by retail sales starting November 1. Online sales rose by 18.8%, while in-store sales were up only 1.2%. This trend should ...
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DieHard Brand Worth $200 Million to Eddie Lampert

Advance Auto Parts Inc. (NYSE: AAP) announced Monday that it had acquired the DieHard brand for $200 million in cash from Eddie Lampert's Transform Holdco (aka Transformco), a company formed ...
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Only 4 Shopping Days Left Until Christmas

It is so late in the holiday season that experts already have begun to give tardy gift-buyers last-minute advice. For those who do not care whether they give their gifts ...
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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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More Than 9300 Stores Have Closed in America This Year

What has been called the retail apocalypse continues to ravage the brick-and-mortar retail industry. New research shows American retailers closed more than 9,300 stores in the first 50 weeks of ...
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How Rite Aid Surprised Investors With Q3 Earnings

Rite Aid Corp. (NYSE: RAD) reported fiscal third-quarter 2020 results before markets opened Thursday. The drug store chain reported quarterly adjusted diluted earnings per share (EPS) of $0.54 on revenues ...
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Collapsing Bed Bath & Beyond Can’t Fire Its Way to Survival

New Bed Bath & Beyond Inc. (NASDAQ: BBBY) CEO Mark Tritton has decided that among his best moves to turn around the company is to fire virtually all senior management. ...
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Nordstrom, Rite Aid and Other Retail Stocks With Recent Golden Crosses

Golden crosses and death crosses are common signals in technical analysis and refer to the relationship between short-term and long-term moving averages. The golden cross typically is seen as a ...
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Only 9 Shopping Days Left Until Christmas

It is late enough in the holiday season that experts have already begun to give tardy gift-buyers last-minute advice. For those who do not care whether they give their gifts ...
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Only 11 Shopping Days Until Christmas

Barring any last-minute problems, 2019 should be one of the most successful shopping seasons on record, especially for American retailers. Cyber Monday, in particular, was a sign of consumer strength. ...
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Are Analysts Too Optimistic on Lululemon After Earnings?

Lululemon Athletica Inc. (NASDAQ: LULU) released fiscal third-quarter financial results after markets closed Wednesday. Although this quarter was fairly positive, the stock sold off, after having nearly doubled so far ...
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Does Costco Deserve More Credit for Q1 Earnings?

When Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal first-quarter financial results after the markets closed on Thursday, the retailer said that it had $1.90 in earnings per share (EPS) ...
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JC Penney Staggers Into Holidays

While some retailers already have started to trumpet their holiday successes, at least one can barely hang on to the impression it may still exist in 2020. J.C. Penney Co. ...
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Will Costco Keep Up the Pace With Earnings After the Close?

Costco Wholesale Corp. (NASDAQ: COST) is set to report its fiscal first-quarter financial results after the markets close on Thursday. The consensus estimates are calling for $1.71 in earnings per ...
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