It is the latest move in a competitive environment that has had retailers trying to out-promote one another since Thanksgiving.» Read More
This holiday season, Americans may not spend their green unless they see more red.
As retailers experiment with earlier Black Friday promotions, restaurants are extending their hours too, in hopes of squeezing out additional sales.
“Retail has become downright treacherous,” said Cramer. Stocks that should be doing quite well just aren’t.
For retailers, the outlook for this holiday season is shaping up as a mirror of the widening wealth gap of the American shopping public.
Nov 20- J.C. Penney Co Inc on Wednesday said November sales were encouraging and popular house brands were lifting gross profit margin, suggesting the struggling department store operator is turning a corner.
Retail analysts are wondering how much J.C. Penney's drastic price cuts could dent other stores' sales this holiday season.
Department store chain J.C. Penney becomes "just another retailer" after third-quarter earnings, CNBC's Jim Cramer said.
J.C. Penney is reporting a wider third-quarter loss, but the results showed its business is starting to stabilize.
Many factors could affect whether shoppers open their wallets this holiday season. But one thing is clear: The pressure is on.
Not even $3 billion could convince Snapchat's founders to go work for Facebook's Mark Zuckerberg, but it was a better week for Amazon and Apple.
Stores are facing a backlash for opening on Thanksgiving but trader Todd Schoenberger asks: Does anyone really like making small talk with Uncle Frank? C'mon This is America. Let's shop!
Target, Kohl's, and QVC are among retailers opening technology test labs in the San Francisco area to improve their websites and create mobile apps.
Mark Megalli, an investment professional with the hedge fund Level Global Investors LP, obtained inside information that helped his firm avoid about $2.4 million in losses and make $853,655 in ill-gotten profits, the SEC said in a statement.
Wal-Mart forecast a disappointing Thanksgiving-to-Christmas season, saying it expects sales to be flat, and Kohl's said it would spend more on ads.
*Cisco shares tumble after revenue warning. Gains in the technology-heavy Nasdaq and the Dow were held back by Cisco Systems, however, after the networking giant reported disappointing results on Wednesday. Cisco shares fell as much as 13 percent on Thursday.
Playing defense in the Affordable Care Act battle, President Obama said people may keep health care policies that don’t meet the new standards.
U.S. stocks rose on Thursday, lifting the Dow industrials and S&P 500 to their loftiest levels, as investors embraced signals sent by Janet Yellen.
Kohl's shares fell sharply Thursday after the retailer posted earnings and revenue that fell short of market expectations.
Nov 14- Wal-Mart Stores Inc on Thursday forecast a disappointing profit for the holiday season after reporting its third straight quarterly decline in U.S. comparable sales because of fewer shopper visits.
*Cuts full-year earnings forecast to $4.08- $4.23/ share from $4.15- $4.35. Nov 14- Department store chain Kohl's Corp cut its full-year earnings forecast after reporting lower-than-expected quarterly results as fewer customers visited its stores, leading to a surprise fall in same-store sales.