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Amazon.com and Nordstrom performed well, but “Fast Money” pros called out the lack of net gains and upcoming employment report.
Two big retail players restructure, hard times for other brand names and ETFS become a scapegoat for market volatility.
Europe: The patient is on the table. Martin Wolff, in an editorial in the Financial Times this morning, said that euro zone officials who insisted on treaty changes that would take two years to enact before they would act decisively were akin to doctors who were treating a critically ill patient by working out an exercise program to ensure he didn't have another heart attack. It's an apt analogy.
Futures turned lower Thursday following news that weekly jobless claims climbed unexpectedly last week and following a sharp rally in the previous session.
Luxury retailer's guidance could spell trouble for sector, but all high-end retail stocks are not created the same, Fast Money pros said.
Don’t rush out to buy Monday’s big gainers, Cramer says. You don’t need excessive risk to get excessive reward.
If you didn't invest in retailer stocks before Black Friday, now may be the time to jump in, Rochdale Securities Senior Equity Analyst David Abella told CNBC Monday.
The results are in. According to Shopper Trak, sales increased 6.6% on Black Friday. Consumers were inspired by record breaking discounts and store openings as early as 9 p.m. on Turkey Day. That was enough to get the average American to skip dessert, push back from the dinner table and hit the stores in search of savings.
On Friday chatter on the floor had everything to do with the underlying message in the market and what to make of it.
Stocks closed in negative territory in thin, shortened trading Friday as investors were reluctant to go long ahead of the weekend and amid ongoing worries over the euro zone. The Dow and S&P posted their worst Thanksgiving week since the Great Depression on a percentage basis.
Black Friday has historically been regarded as the day when retailers move from a loss into profit for the year. While the explanation no longer holds much relevance, this year the day after Thanksgiving could be critical for several major retailers.
Macy's CEO Terry Lundgren said the department store is in a "great position" this holiday season.
Futures declined Friday following the Thanksgiving holiday as investors returned to focusing on the euro zone debt crisis.
The low-end and midrange retailers cut prices to attract shoppers, while executives at luxury stores say that they are actually able to sell more at full price than in recent boom years. The New York Times reports.
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Based on what I am seeing in stores leading up to Black Friday this year I am wondering if retailers really all view us as just a bunch of turkeys?
Retailers are counting on shoppers to return to an old holiday tradition: buying gifts for themselves.
Maybe it should not come as a surprise that consumers are pulling back just in time for the holidays
Wal-Mart Stores Inc. will be kicking off the official start to the holiday shopping season with special deals starting on Thanksgiving night. It's the latest retailer to woo crowds earlier than last year in a bid to get a jump on the competition.
Stocks plunged sharply to log their worst day in six weeks Wednesday as investors were rattled by fears over the euro zone crisis.