Black Friday discounts have "lost their luster" as sales are starting even earlier, Stacey Widlitz, founder of SW Retail Advisors says, adding that Target could be a good stock pick in the retail space.» Read More
Thanks to Tim J. for sending me a link to the BEST WEB SITE EVER (ok, I exaggerate): www.despair.com. On Despair.com, they take on the corporate motivational crud you've been forced to eat for years, like those posters which promise to stimulate 'Hope,' 'Success' and 'Teamwork', and turn them on their "corporate head," with a special twist.
Target and other retailers are expected to report gloomy October sales on Thursday. Is anything in the group worth buying?
Could it be a "black-and-blue" Friday for Blu-ray? There are rumblings about a big announcement coming from Wal-Mart that could give a big boost to HD-DVD. I'm hearing that the company will begin selling the Toshiba HD-A2 for $98 in a special one-day, in-store secret sale. The unit sells for $198 at Circuit City and Amazon, so this is a steep discount.
Here's an update to my previous post: Best Buy now confirms it will match Wal-Mart's $98 HD-DVD sale on Friday on the Toshiba HD-A2 DVD player. The web site Gizmodo says Best Buy online is already sold out, but that local pick-up might work. And Blu-ray? The ball's in your court.
Cut early, be aggressive and roll out gradually. That's Wal-Mart's spacer price strategy for the holidays. And the marketing team at Wal-Mart follows that dictate when it unveils some big ticket price cuts this Friday--more than 2 weeks ahead of "Black Friday," which has traditionally been the kickoff of the holiday shopping season.
You gotta hand it to the folks over at Goldman Sachs, but particularly Brent Bracelin at Pacific Crest Securities who issued a note on Oct. 8, raising his estimates on Dell and singing the company's praises as it emerges from a financial purgatory gripping the company for more than a year.
Wal-Mart Stores said Wednesday it will begin offering this week the type of holiday discounts it typically reserves for "Black Friday" -- the day after Thanksgiving that typically marks the start of the ultra-competitive holiday shopping season.
Fashion parties are inherently uncomfortable, well-dressed and sometimes awkward events. They can also be a lot of fun for anyone who enjoys getting dressed up having cocktails and looking at beautiful objects/designs. When fashion intersects with retail (the business of selling these sometimes artistic/sometimes commercially minded clothing creations), my job occasionally involves attending some of these parties.
So you've heard all the pundits/writers/retail investors (including me) talk about traffic declining at malls across the country. While that is widely read as a sign that shoppers are heading to the malls less and shopping less frequently, I had an interesting conversation with an analyst who thinks that might not actually be the case.
RadioShack reported a third quarter profit on Monday against a year-earlier loss, but its sales continued to fall amid intense competition in the electronics sector.
Get ready for an onslaught of holiday bargains. Almost three-quarters of chief marketing officers expect U.S. retailers to offer more discounts and promotions this holiday than last year, to entice shoppers who are being squeezed by the credit crunch, according to a survey released Monday by BDO Seidman.
The footwear maker Skechers has a bit of a sketchy record, but Cramer thinks it could be turning the corner. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
"American Gangster"--starring Denzel Washington and Russell Crowe--is one of the most highly anticipated Oscar contenders. It's not hitting theaters until a week from today, November 2nd, but it's already available on Manhattan's piracy central, Canal Street, and in downtown Los Angeles.
“Power Lunch” is at the Mall of America outside Minneapolis/St. Paul, to look at alternative energy and consumer activity -- and a surprise definition for "retail stocks." Here's what some of the guests on the program are saying.
A World Series game broke out in the middle of a Taco Bell commercial last night. In case you didn’t hear, Jacoby Ellsbury stole a base in the bottom of the fourth last night. Two innings later, Fox flashed to a conversation the night before between Royce Clayton and Ellsbury where they discussed the promotion. Then to the stolen base.
I feel a bit like I'm on a news version of some struggling teen pop singer tour (don't they always include malls?) Lately I have been spending a lot of time in stores. Yesterday it was Costco in Clifton, NJ. In the past month work has sent me to: a New York City Best Buy, a Miami-area Wal-Mart, two malls in New Jersey and one on Long Island. That's just a few.
Right before his big Game 1 performance last night, I sat down with the most marketable player on the Red Sox--David Ortiz. With the big bat and the great smile, he's the guy everyone wants to hug. This 31-year-old from the Dominican Republic has the most to gain if the team wins its second title in four years.
This is a big couple of days for Apple; as if the company's blockbuster earnings at the beginning of the week wasn't big enough news on its own. Friday will bring the official release of the company's highly anticipated, and delayed operating system "Leopard."
Times are tough for the retail and apparel stocks. But VF Corp. sticks out to Cramer as a lone buy in a sea of sell, sell, sells.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Futures trading up as Motorola beat expectations and guided upward while EMC was in line and both are up nicely pre-open. There's strength in Europe, strength in Asia, third Quarter GDP in China rose 11.5%. That was in line with expectations. Chinese stocks are the only major market down in Asia, down 5%, probably on worries that more rate hikes are likely.