NEW YORK— The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks. Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company.» Read More
Rarity, complexity and condition make all the difference when looking for a luxury watch. But while there are major gains to be made, it takes a good eye to know the difference between a clever investment, and a waste of time.
An outlook on what Petsmart expects in service sales, with Robert Moran, PetSmart CEO, who shares the company's plans for expansion.
Indian jewelry retailer Gitanjali has launched the world’s first gold and diamond ATM machine, adding the gems to its offering of precious metals vending machines as it seeks to capitalize on the craze for jewelry in India.
Just because a company has compelling long-term prospects is not a reason to buy the stock, says Mad Money's Jim Cramer. Go with something that's doing better right now, like VF Corp or Deckers, if it sells off after it reports on Thursday.
Mad Money's Cramer takes a look at battleground stock, ZAGG, and says although it makes very cool and popular covers for all kinds of portable gadgets, it faces price competition from other companies. Discussing how the company plans to keep its competitive edge, with Robert Pederson, ZAGG chairman/CEO.
Blake Mycoskie is the brains behind TOMS, a for-profit company with a feel-good twist, that aims to make philanthropy fashionable, while growing a global brand. Armed with his new book, Mycoskie talks about growth, conscious capitalism and his thoughts on taking his company public.
As we head into the thick of retail earnings season the threat of higher input costs is still weighing on investors’ minds. Most retailers were forced to start passing through select price increases in Q2, and we will hear just how that went over with the consumer as earnings hit the tape. While it is early in the game indications are so far so good.
Sex sells, duh. And, apparently, during an economic recession, sex-related sales—from Trojan condoms to wine and chocolate—have been particularly hot.
Even though most consumers are just starting to work on their summer tan, retailers are already plotting how they will convince you come Black Friday that you can’t live without that must-have sweater, over-priced pair of boots or flat screen TV. With rising input costs, food inflation and continued heavy prices at the pump my prediction is The Grinch and Heat Miser will wipe the floor with the Snow Miser.
The upcoming listings of retailers Coach, Prada and Samsonite in Hong Kong are a sign that the future growth of the retail and luxury industry is in China, according to one analyst.
Bob Vetere, American Pet Products Association president, with a look at the $50 billion pet products industry.
Spending by rich Americans on luxury goods is set to grow by $26.6 billion in 2011, with the number of affluent families planning to spend more almost doubling in the past three years, a poll found Friday.
Mad Money host Jim Cramer talks to Phillips-Van Heusen CEO Manny Chirico about his company's earnings and outlook.
Retail stocks continue on their slide as investors worry about the world's second largest consumer market. NetNet spoke with Brian Sozzi, a StarMine top-ranked Equity Research Retail analyst, about his outlook on the sector.