Kohl's announced on Thursday that it will extend its holiday hours to 24 hours in the days leading up to Christmas.» Read More
Weakness today on: Bhutto assassination, weaker-than-expected jobless claims, durable goods. Gold, oil, bonds rally. Weak: emerging markets, financials. Airlines, down 2% yesterday, another 2% today: AMR, Northwest, Continental at new lows. Some retailers like Macys and Kohls also at new lows -- but the season was not the disaster some depicted.
Retailers opened earlier than ever on the day after Christmas on Wednesday and slashed prices with hopes of salvaging a holiday season that is falling short of already modest expectations.
Stocks closed lower as fears that inflation was hampering holiday gift-buying combined with wider concerns about the state of the economy.
Last holiday shopping season, Wal-Mart was struggling to get sales on track as lower-income shoppers snubbed its efforts to imitate smaller rival Target by stocking its stores with trendy but cheap products. This year, it's Target that is struggling.
Retailers rallied Tuesday on high hopes for November same-store sales numbers, which come out later this week. Which stocks might you trust with your money?
Retailers want to rack up sales now. But consumers are playing the waiting game for bigger discounts closer to Christmas
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U.S. retailers may be touting their environmental-friendliness this year, but just about the only "green" in evidence for the holidays is in the usual Christmas decorations.
Shares of retailers' stocks sank on Monday, after consumers swarmed stores on "Black Friday," the day after Thanksgiving, but focused on hunting for discounts.
Discounters, department stores and chains that sell electronics and teen fashions lured big crowds over the weekend as the holiday shopping season got off to a strong start.
The lure of bargains trumped economic concerns at the start of the holiday shopping season. Retailers logged sales that were up significantly from a year ago.
Everyone has heard predictions of a tapped-out consumer. And though they haven't materialized in the past, this time is likely to be different.
Markets at the close ending at the lows again. Fourth 200 point decline in the Dow this month. More than 300 stocks at the NYSE hit new lows today, the highest level since the August lows. Technicals have now become very important, with the S&P slipping below last week's low.
The turkey’s not even in the oven, but the annual game of chicken has begun. Consumers are waiting to see if retailers grow desperate and cut prices deeper than planned.
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Stocks a bit weaker this morning as Lowe's joins JC Penney, Kohl's, and Ann Taylor in lowering guidance...down 4% pre-open, and Goldman downgrades Citi to a sell, saying it may have to write off $15 billion in debt losses over the next two quarters. With all that has happened to Citi, traders griping this is a little late, down 4% pre-open.
Look for KSS to go back to $56, if not higher. Also, why Avon is a stock to stick with.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Electronics are in, women's clothes are out -- and leather handbags and jewelry are on the fence heading into next week's unofficial start to the 2007 holiday season. U.S. consumers are struggling with soaring fuel and food costs and the falling housing sector.
The fourth quarter is now half over, and fourth quarter earnings estimates have been coming down quickly for financials and retailers. Both Kohl's and Ann Taylor lowered their guidance. Ann Taylor noted that "Traffic trends were particularly soft in the month of October," though they improved in November
Wall Street has little to look for in terms of economic data Friday, but there could be spillover from Thursday's scaredy-cat markets.