Coach, which has been trying to regain its cachet in the luxury handbag market, reported its first growth in quarterly profit in three years. » Read More
After decades of overspending, Americans seem to be finally understanding that trillion dollar deficits have long-term consequences and must be addressed.
Will Washington make like the Grinch and steal Christmas?
With 4 retail stocks hitting all-time highs ahead of Black Friday, how should you position? Click here and find out. We've updated this post with even more trades!
As shoppers hit the stores this Thanksgiving weekend, investors are likely to keep bidding up retail stocks even as some of those stocks hit multi-year or even all-time highs.
With 4 retail stocks hitting all-time highs ahead of Black Friday, how should you position?
Cramer makes the call on viewers' favorite stocks.
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Ann Taylor spacer announcing today it's planning to significantly expand its factory outlet footprint. The retailer, which already has 110 outlets, is set to open about 35 new LOFT outlet stores and five Ann Taylor Factory stores in 2011.The new stores expected to generate $75 million dollars in revenue in their first year.
Just in time for the holidays, it looks like the luxury consumer is back. “We’ve been hearing that luxury goods sales globally, have been accelerating, and it’s in all categories, whether it is watches and jewelry or whether it is fashion and leather goods," said Dana Telsey, chief information officer at Telsey Advisory Group, in an interview on CNBC. "The demand is there.”
With the holiday shopping season right around the corner, investors are scrambling to place their bets now, hoping to peg the big winner. We may have found one.
Investors shouldn’t have overreacted to the company’s quarter, Cramer said. But hey, at least they have you an entry point.
Coach shares reached its highest since 2007 on Tuesday after the luxury retailers trumped analyst expectations, posting a 34 percent growth in quarterly earnings. The brand's Chief Executive Lew Frankfort tells CNBC how they did it and what's in store for the future.
Stocks ended slightly higher, but remained at about the same place where they started Tuesday as investors held steady under a raft of earnings in anticipation of next week's elections and likely announcement of a new economic stimulus program from the Federal Reserve.
Stocks rose ahead of the market close Tuesday, led by consumer cyclical stocks. Stocks were pressured for most of the afternoon as investors held steady under a raft of earnings in anticipation of next week's elections and likely announcement of a new economic stimulus program from the Fed.
Plus, another name from the sector that Cramer says you must watch.
Stocks struggled to remain in positive territory Tuesday after a rise in consumer confidence offset disappointing reports on home prices and earnings.