Of the 10 Cyber Monday promotions since 2005, the major department stores have all traded down at least 9 of the 10 sessions.» Read More
Former New York City Police Commissioner Bernard Kerik says terrorists will eventually attempt a Paris-style attack in the United States.
CNBC's Courtney Reagan, reports on the heightened security measures planned to keep the event secure.
For a big group of stocks within the S&P 500, performance trends have been either decidedly positive or negative.
Nov 24- Black Friday comes early to Saks Fifth Avenue stores this year. The luxury retailer, owned by Canadian department store operator Hudson's Bay Co, will start Black Friday sales on Wednesday, Chief Executive Jerry Storch said. Others including Target Corp, J.C. Penney Co Inc and Kohl's Corp have also stepped up promotions and deals as they look to grab a piece...
This holiday season will be the first time consumers spend real money on Facebook, Twitter and Pinterest. Is the "buy" button here to stay?
With Black Friday approaching, traders questioned whether traditional retailers could cut into Amazon's digital dominance.
Black Friday has lost its luster, thanks to a deflationary spiral that's turned 40 percent off promotions into just another day at the mall.
U.S. stocks closed higher Friday, helped by gains in retail stocks, as investors looked to central banker comments.
NEW YORK— Everyone likes the idea of same-day delivery. This year, Amazon has been making an aggressive push to offer same-day delivery to people who've paid its $99 fee for Prime loyalty club membership. "Over the past 18 to 24 months Amazon has been pushing the bar" for fast and cheap delivery, said Daphne Carmeli, CEO of Deliv, a startup that works with retailers to...
“Mad Money” host Jim Cramer dishes on which beverage companies will continue to win when the Fed raises rates.
Jim Cramer says this week was the most amazing transformation he has ever seen before. But can the bull continue to dance?
The "Fast Money" traders give their final trades of the day.
But there was a raft of stronger reports from retailers ranging from Abercrombie& Fitch to Foot Locker, and indexes that track retail shares have had a surge this week that has surpassed any in the past two years. Abercrombie& Fitch soared more than 27 percent in trading— its biggest one-day percentage gain in three years— after a shift in strategy helped double...
For the retailers that have been knocking on death's door, this holiday shopping season has taken on an added sense of urgency.
NEW YORK— The stock market closed out its best week of the year Friday as big gains by retailers and technology companies pushed major indexes higher. Stocks faded as Friday wore on, but they still finished higher. The index climbed Monday and Wednesday as the U.S. market didn't seem to be affected by a string of unsettling international events, including last...
Nov 20- Abercrombie& Fitch Co's quarterly same-store sales fell less than expected and its profit more than doubled as the teen apparel retailer boosted gross margin by offering fewer promotions and controlling costs. The company's shares surged 17 percent to $22.80 in early trading on Friday. The company hired top designers from brands such as Ralph Lauren...
Retail stocks have had it rough lately, but with the crucial holiday season ahead, Goldman Sachs says investors aren't nervous enough.
NEW YORK— Corporate America has a profit problem. U.S company earnings are falling for the first time since 2009, when the economy was still reeling from the Great Recession. The main culprit is the plunging price of oil, which has decimated earnings at big energy companies like Exxon Mobil and Chevron.
A majority of U.S. consumers plan to go to Amazon.com for most of their online holiday shopping, according to a Reuters/Ipsos poll.
*Best Buy will report quarterly earnings on Thursday. *Sears' woes create opportunity for Best Buy in appliances. CHICAGO, Nov 18- Best Buy Co Inc is betting that appliance sales will drive significant revenue growth in the future, a strategy that is likely to benefit the biggest U.S. electronics chain when it reports earnings on Thursday.