J.C. Penney said it is pursuing the potential sale and partial leaseback of its headquarters building in Plano, Texas in an effort to cut costs.» Read More
CNBC's David Faber reports that JCPenney shares are down more than Target on softer sales.
Traders are watching retail stocks ahead of tomorrow's same store sales data. Which stocks could get a boost from the event? JC O'Hara, Phoenix Partners Group, and Anthony Chukumba, BB&T Capital Markets, discuss.
Retailers are expected to report healthy sales gains in December, as a last-minute flurry of shoppers scooped up marked-down merchandise.
First Solar, one of the most consistently shorted stocks in the S&P 500 Index, is on track to close 2011 with a loss of 75 percent.
The Saturday before Christmas is too crucial to retailers to be left in the hands of procrastinating shoppers, so many stores are having “Super Saturday” this weekend, the New York Times reports.
Don't be fooled by Black Friday. There are hot, and not-so hot stocks to watch in retail, says Stacey Widlitz, president of S.W. Retail Advisors.
Stocks spiked in the final minutes of trading Wednesday following a report that the G20 is considering a $600 billion IMF lending program to euro zone, but came off their highs after the IMF denied the report. Investors were also closely waiting for the key EU summit at the end of the week.
Developments in retail are coming at a fast and furious pace. What must you know about JCPenney and Talbots and how should you trade the changes?
JCPenney's plan to take a $38.5 million stake in Martha Stewart Living Omnimedia is "one of the first cards played in what will be a full hand of moves" by Chief Executive Ron Johnson, "to change the perception of the JCPenney brand," said Piper Jaffray retail analyst Jeff Klinefelter.
J.C. Penney is buying a minority stake in Martha Stewart Living Omnimedia for $38.5 million, the latest move by the department store to revive its brand.
Futures were hugging the flatline Wednesday as investors took a breather following to days of gains to see if EU officials could come up with a plan to deal with the region's debt crisis during a summit at the end of the week.
My prediction that next year J.C. Penney will be the hottest retail stock got a ton of pushback. None was as well-reasoned as Brian McGough, Managing Director of the Retail Sector at Hedgeye Risk Management.
CNBC's Herb Greenberg makes his number one prediction for 2012 on J.C. Penny, with CNBC's Jim Cramer, and Brian McGough, Hedgeye managing director of retail
Amazon.com and Nordstrom performed well, but “Fast Money” pros called out the lack of net gains and upcoming employment report.
Two big retail players restructure, hard times for other brand names and ETFS become a scapegoat for market volatility.
Europe: The patient is on the table. Martin Wolff, in an editorial in the Financial Times this morning, said that euro zone officials who insisted on treaty changes that would take two years to enact before they would act decisively were akin to doctors who were treating a critically ill patient by working out an exercise program to ensure he didn't have another heart attack. It's an apt analogy.
Short interest in Teradyne and R.R. Donnelley & Sons increased 34 percent and 16 percent, respectively, in the past month, with more than 10 percent of their float sold short.
Black Friday has historically been regarded as the day when retailers move from a loss into profit for the year. While the explanation no longer holds much relevance, this year the day after Thanksgiving could be critical for several major retailers.
Forget about the newspaper circular. If consumers are looking for Black Friday deals, chances are, they'll look where they spend a ton of time: Facebook. This year more than ever Facebook is a key tool for retailers to connect with shoppers. And this year big brands aren't just trying to get fans to buy, they're trying to spread their message to fans *friends* -- to leverage the site for the power of its networks.
As shoppers hunt down bargains and gift ideas for the holidays, it will be hard for some to remember a time when they couldn’t pull out their smartphone and hunt down a store location, compare a product’s price, or scan customer reviews.