Best Buy and Bed Bath & Beyond were red hot in 2013, but both have gone ice cold. CNBC's Dominic Chu and Seema Mody debate which company has a better chance of turning things around in 2014.
The co-founder and former CEO of Staples, Thomas Stemberg, tells CNBC retailers must cut prices to compete with Amazon.
Some of Friday's midday movers:
Few groups matter more to investors than retail. And lately the sector isn't sending very good messages.
U.S. stocks ended lower on Thursday as Best Buy Co. fell sharply.
It's hard to drown out all the negative noise coming from the retail sector this year, but not everyone had a bad holiday.
Mike Binger, Gradient Investments, explains why he prefers to buy Target over Best Buy. Mike Vogelzang, Boston Advisors president and CIO, weighs in.
Jan Kniffen, Worldwide Enterprises CEO, discusses JC Penney's decision to close 33 stores. Herb Greenberg, TheStreet.com columnist, weighs in on the retail sector.
Best Buy reported a disappointing holiday season with U.S. comps down 0.9 percent. CNBC's Courtney Reagan reports.
European equities closed lower on Thursday, just below 5-1/2-year highs.
CNBC's Courtney Reagan reports Best Buy's stock is getting pounded after holiday sales dropped nearly 1 percent. The FMHR traders weigh in on the scuffling retailer.
CNBC's Jim Cramer explains what pumped up Best Buy stock, setting it up for huge losses on Thursday.
Joe Feldman, Telsey Advisory Group assistant director of research, discusses Best Buy's holiday sales miss and explains his optimistic outlook. "Best buy is a highly relevant retailer and will be for some time," Feldman says.
Best Buy comparable store sales fell by 0.9%, analysts expected an increase of 2%. CNBC's Courtney Reagan discusses her conversation with CEO Hubert Joly about the negative numbers.
Best Buy said revenue and sales at its established U.S stores fell in the holiday season due to intense discounting by rivals.
Happy Thursday. Welcome to the always commercial-free morning six-pack.
Brian Nagel, Oppenheimer analyst, has the read on Best Buy's holiday sales numbers, citing the ongoing challenges in the consumer electronics space.
Efforts to eliminate showrooming from shoppers' behavior paid off in 2013, as a significantly smaller dollar amount was spent from this behavior.
Analysts say retailers' big challenge will be to figure out a way to attract customers without giving away the store, as many did this holiday.
Companies are investing more in employee wellness programs—a trend that's getting companies such as Fitbit a lot of attention.