It's not even Thanksgiving, but a handful of retailers already have coal in their stockings in the eyes of customers.» Read More
*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.
Bidders have found little appeal in disfavored retail stocks, even as chains sink to valuations that were appealing in the past.
Many activist hedge fund names faltered in recent months, but there are some still doing well. Here's their names.
Jim Cramer explains why Target didn't exceed earnings expectations.
CHICAGO, Nov 18- Target Corp on Wednesday reported a higher quarterly profit and raised the low end of its fiscal-year forecast, but its shares fell nearly 5 percent because of slower growth in online sales and margin pressures. Macy's Inc and Nordstrom Inc have reported similar problems. Target's gross margins were slightly lower than a year earlier because of...
If retailers' doorbuster deals are giving you a sense of deja vu this holiday shopping season, it may not be all in your head.
As earnings create an uncertain outlook for the U.S. consumer, "Fast Money" traders are sticking with what has worked this year.
Jim Cramer makes the case for why it has been so hard to turn a profit this year. But sometimes too much negativity can produce the unexpected...
Nov 17- TJX Cos Inc, the owner of off-price chains TJ Maxx and Marshalls, reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and household goods. TJX also raised its comparable sales growth forecast for the year ending January, indicating healthy demand for the...
Tuesday's earnings reports dispelled some fears that consumers are keeping their wallets clamped shut as the holidays approach.
Looking for a great holiday season deal? These battered stocks may be offering the biggest discount of all.
Nov 17- TJX Cos Inc, the owner of off-price chains TJ Maxx and Marshalls, reported a higher-than-expected increase in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and home goods. TJX sells home furnishings and apparel brands such as Dolce and Gabbana or Juicy Couture priced 20-60 percent lower...
Retailers need to stop trying to cater to everyone, Nicole Miller CEO Bud Konheim said.
Home Depot delivered quarterly earnings that topped analysts' expectations, helped by strong demand from professional contractors and builders.
Jim Cramer warned that the underbelly of this market is an ugly one. Monday's rally was just a patriotic one, so get ready for more pain.
Oil once more has the stock market over a barrel, and it will likely be a major focus for markets in the week ahead.
Retailers are getting clobbered today, but don't miss the key story.
U.S. sovereign bond yields sank on Friday, as volatility in stocks has revived safe-haven demand for government paper, ahead of October retail sales data.
Nov 13- Slumping same-store sales at upscale U.S. department store operator Nordstrom Inc could point to more than a glut in retailers' inventories, not just a longer-than-usual spell of warm weather and fewer spendthrift tourists. Trouble at Nordstrom- seen as head-and-shoulder above rivals such as Macy's Inc and cheaper retailers including Kohl's Corp in...
Art Cashin explains what investors should keep an eye on as the market tumbles.