Charlie O'Shea, a vice president at Moody's Investors Service, follows Wal-Mart Stores Inc, Target Corp, Kohls Corp, Toys R Us Inc and Best Buy Co Inc- some of the biggest forces during the holiday shopping season. Also, some of the specialty retailers are pulling back on Thanksgiving Weekend store hours, which makes sense as our view is, this is more of a...» Read More
*Hudson's Bay pledges to keep all Kaufhof staff. DUESSELDORF, Germany, June 15- Canadian retailer Hudson's Bay is buying German department store chain Kaufhof from Metro for 2.8 billion euros as a launch pad to expand into Europe. Hudson's Bay, which operates department stores in Canada and U.S. luxury chains Saks Fifth Avenue and Lord& Taylor, said the deal, due to...
LONDON, June 3- Dixons Carphone, the European electricals and mobile phone retailer, raised profit guidance for its 2014-15 year after quarterly trading smashed expectations on the back of market share gains, particularly in the UK. The firm, formed by last year's merger between Dixons Retail and Carphone Warehouse, said sales at stores open over a year were up 9...
LONDON, June 3- Dixons Carphone, the European electricals and mobile phone retailer, raised profit guidance for its 2014-15 year after quarterly trading smashed expectations. The firm, formed by last year's merger between Dixons Retail and Carphone Warehouse, said sales at stores open over a year were up 9 percent in the 17 weeks to May 2, its fiscal fourth quarter.
Hiroaki Sakamoto, MD for Asia Pacific at Panasonic System Solutions, explains why the Osaka-based firm turned its focus away from consumer business to the business-to-business (B2B) segment.
Chinese smartphone giant, Xiaomi, is set to open its doors to U.S. and European consumers shortly.
Amir Anvarzadeh, director of Japan Equity Sales at BGC Securities, discusses news that Toshiba cancelled a dividend payment and withdrew its earnings outlook last Friday as it expanded an accounting probe.
Sharp and its main banks are to meet on Thursday to agree on a nearly $2 billion rescue and overhaul plan for the loss-making electronics maker.
Michael Robinson, chief technology strategist at Money Map Press, says Apple's inclusion in the blue-chip Dow is a "nice symbolic move," but it's not a catalyst for the company's outlook.
John Petrides, managing director & portfolio manager at Point View Wealth Management and Scott Nations, chief investment officer & president at NationsShares, debate the outlook of Apple's shares.
Jan Dawson, chief analyst at Jackdaw Research, says the launch on Monday unveiled some interesting new details about Apple's smartwatch line, but there were no huge surprises.
Neil Hennessy, portfolio manager & chief investment officer at Hennessy Funds, says the Apple Watch isn't new technology and lacks the "aura" of iPhones.
Katie Boehret, deputy reviews editor at Re/Code, says the Apple Watch exemplifies Apple's ability to redefine an existing product and describes the coolest feature of the smartwatch.
Salus Capital offered Radioshack $500 million in turnaround financing, Dow Jones reported Monday, citing sources close to the matter.
Prosecutors raided LG Electronics' headquarters amid a probe of whether LG damaged rival Samsung Electronics' washing machines at German retail stores, LG said.
RadioShack rejected claims that it breached covenants on a $250 million term loan.
Tim Bajarin, President at Creative Strategies, says the tech giant is is facing very strong competition in servers.
People who purchase new Chromebooks during the holiday season will receive 1TB of free Google Drive storage as part of a deal.
RadioShack is evaluating a $585 million financing package led by UBS AG and hedge fund Standard General LP it tries to avert bankruptcy.
Ahead of a highly anticipated launch, video of a fully functional Apple iPhone 6 has leaked, 9to5Mac reports.
Japanese firms are finding it difficult to secure sufficient workers, hit by a labor shortage that is pushing up hiring costs and eating into profits.