This year, there are more pros than cons for retail sector
Though recent statistical data painted a rosy picture of household earnings, the upbeat mood has been spoiled to some extent...
Retail
Nordstrom turns down buyout bid from founding family
It’s no secret that the Nordstrom family has been trying to take the company private for quite a while now....
Target Corporation Q4 2017 earnings results
Discount store Target Corp. reported a double-digit increase in sales and earnings for its holiday quarter, thanks to the new...
RBC cuts McDonald’s price after value menu fails, stock registers record fall
Call it weird or illogical! An ambitious discount offer has turned ominous for fast food chain McDonald’s, when analysts cut...
Foot Locker Q4 2017 earnings snapshot
Athletic footwear and apparel retailer Foot Locker (FL) reported a loss of $49 million in the fourth quarter. The company’s...
J. C. Penney Company, Inc. Q4 2017 earnings snapshot
J. C. Penney today reported earnings for its holiday quarter, reflecting marginal gains in sales, impacted by lower promotional activity...
Old Navy keeps Gap Inc. afloat
Gap Inc. reported an 8% increase in total sales for its fourth quarter of 2017 while its same-store sales beat...
Gap Inc. Q4 2017 earnings results
Gap’s sales increased 9% to $4.8 billion in the quarter with US contributing 80% to sales, helped by strong holiday...
Kohl’s Corporation Q4 2017 earnings results
Kohl’s (KSS) reported its fourth quarter results today. Revenue improved 9.2% to $6.78 billion, and profits came in at $468...
Best Buy Co. Inc. Q4 2018 earnings snapshot
Home products and electronics retailer Best Buy reported splendid holiday-quarter sales and earnings. Sales jumped 13.9% to $15.3 billion, driven...
Dietary supplements market has great growth opportunities
Many investors stay away from pharma stocks as their research and products often tend to mirror rocket science. Also, growth...
Premium push: Starbucks opens first Reserve store at Seattle HQ
Coffee has always been a beverage that is appealing to all age-groups, and the recent trend of customers drifting en...
Macy’s makes a stellar comeback
Department store chain Macy’s has finally woken up from a sales stupor, posting a gain in sales for its fourth...
Macy’s Inc: Q4 2017 Earnings Snapshot
Retailer Macy’s reported strong results for the final quarter of 2017, thanks to the strong holiday sales. Macy’s shares surged...
No playtime for Toys R Us, shuts 200 more stores
What used to be your favorite childhood haunt is going through some slippery time. Toys R Us, a name synonymous...
Retail war turns virtual with simulated merchandise, digital warehouses
Imagine being able to click photos of an Egyptian pyramid moments after picking your new camera from the shelves of...
General Mills gets its fill of Blue Buffalo
Blue Buffalo Pet Products will now have a new home at General Mills. The consumer-foods giant plans to buy the...
What’s in a name? More dollars and customers, feels Priceline
It is doubtful if any other business sector in the US has witnessed as much volatility in recent times as...
Gun-makers see ballistic pull to divest stock
The mass shooting incident at Marjory Stoneman Douglas High School in Florida has left the country in grief. Debates on...
Spilling Bean: Behind L.L.Bean’s latest returns policy revamp
“You take that back!” People are not easy to please. They will always have grievances about the food they eat,...
Les Paul guitar-maker might face the music of bankruptcy
Gibson Brands Inc., the iconic guitar company, whose instruments have been played by legends such as Bob Marley and Jimmy...