Stocks closed higher Wednesday, helped by an upbeat start to earnings season and the Fed's latest Beige Book report, giving investors a chance to breathe a sigh of relief following a string of declines.
It’s going to take more than a new CEO to fix Best Buy’s problems, but at least it’s a start. At best, it’s a signal the board is getting ready to be more aggressive about shaking things up and reinventing the brand.
Can we blame Brian Dunn for Best Buy’s current woes? While many are pointing to Dunn’s shortcomings as a CEO, it's important to look at history and see that he inherited a lot of the company's current troubles.
Although the growth in CEO compensation slowed last year, the pay numbers are still eye-popping. The New York Times reports.
Retailers turned in very solid gains in March, but the big question now is: can the momentum continue?
March retail sales strong: March same-store sales up 3.9 percent, well above estimates of 3.3 percent, according to RetailMetrics. Now for the bad news...
Best Buy's decision to close 50 of its U.S. stores and focus on its Geek Squad service company through 100 small mobile locations in fiscal 2013 is the latest example of how the "big box" is struggling against digital competition.
Retail needs to adapt or die. That was the call to action sounded by Eddie Lampert, founder of ESL Partners, which controls about 60 percent of Sears Holdings, in an interview with CNBC Wednesday. In a rare media appearance, Lampert said the changes in the retail industry have been great for the consumer, but there is a question about whether it has been great for business.
What should you make of Danaher and Starbucks as these stocks touch new 52-week highs?
JPMorgan is reducing J.C. Penney's F12 same-store sales estimates since sales trends appear softer than anticipated, with the Fast Money traders.
In a reversal of fortune five hedge fund managers who fell off Absolute Return + Alpha magazine annual ranking of the top earning hedge fund managers, known as 'The Rich List'. The magazine’s goal is to bring transparency to the secretive space of the hedge fund industry.
If strong sales have piqued your interest in retailers, trade the space like this.
As teen retailer Urban Outfitters prepares to release its quarterly earnings on Monday after the closing bell, two analysts expressed their concerns about the space’s intense competition.
A short position in JC Penney may have looked like a smooth move at the time, but as it turned out, Zach Karabell fumbled the play
Fast Money trader Zach Karabell explains why he shorted JCP, which popped after he made that call.
Cramer makes the call on viewers' favorite stocks.
A lot of retailers are going to profit as J.C. Penney continues its turnaround, Morgan Stanley analyst Michelle Clark told CNBC Thursday.
Jim Cramer’s researcher, Nicole Urken, highlights a "Mad Money" theme to look out for throughout 2012—how innovation is a key driver for names across sectors.
Good results or bad — It won’t be long before retailers have to rip off the monthly same-store sales Band-Aid when the report comes out Thursday.
Stocks ended narrowly mixed in another lackluster session Friday as investors hesitated to remain long ahead of the weekend, but the major indexes still posted gains for the week with the S&P logging its best finish since June 2008.