Analysts said there's much work to be done at Wal-Mart, which has posted negative domestic same-stores sales for the past five quarters.» Read More
Shoppers jammed stores over the last weekend before Christmas to try to scoop up bargains. But the spending surge may not be enough to offset what is shaping up to be a mediocre December for some retailers.
I haven't leafed through a catalog all year. In fact, catalogs go straight from my mailbox to the recycle trash bin. Take away the catalogs and the other junk mail I ignore, and I'd blissfully have nearly no mail at all.
So the good news is that I'm not alone. I have only made one Christmas gift purchase so far this season. Yes, budgeting is always a big factor in when purchases are made but honestly, I can't say that I'm waiting to get a better deal. My new retail shopping theory involves a demographic argument: unless you have a kid or tons of little young nieces, nephews, cousins, godchildren, etc., shopping early isn't such a high priority.
Retailers want to rack up sales now. But consumers are playing the waiting game for bigger discounts closer to Christmas
Sears Holdings Chairman Eddie Lampert said Friday that much of Wall Street and the media have underestimated the strength of the retailer and the progress it has made.
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The e-mails never stop coming into the Fast Money in-box. Jeff Macke, on vacation, writes in to the show about Sears…
Stocks closed slightly higher as investors waited to see whether tonight's speech by Federal Reserve Chairman Ben Bernanke would signal further cuts in interest rates.
Yes, Sears reported a dismal quarter. But Cramer won't abandon ship: "The guy is too darn good."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.
Sears Holdings reported sharply lower quarterly earnings Thursday, sending its shares down more than 13 percent, as sales fell at its U.S. Kmart and Sears stores and it cut prices to rid itself of excess inventory.
So is this is a tradable bottom or just a head fake? Bulls point to the still-huge short position in financials, the large cash positions, and the hopes that the strength of the rally will suck in other players looking for a last year-end play to add a point or two to their bottom line profits.
The bad news that was scaring the markets has, for now, become the good news. Remember Monday. Things were dire. The major stock indexes were in a tailspin, sinking to a level 10% from October's highs, technically a correction. But that's all changed, and in part it's because the markets are now convinced the Fed recognizes what ails it.
Restoration Hardware, the boutique housewares chain that agreed to a management-led buyout, said Tuesday it would provide private financial data to new suitor Sears Holdings if Sears agreed to refrain from a hostile takeover and other conditions.
Sears Holdings has proposed buying furnishings retailer Restoration Hardware for $6.75 per share, according to a regulatory filing Monday.
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.
Retailers are hoping last week's strong start to the holiday shopping season at malls and stores translates into a busy buying season online, which officially begins Monday. A number of retailers are hosting one-day sales or special offers for the occasion. Internet research firm comScore estimated online sales may exceed $700 million.
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.
The unofficial start to the holiday shopping season is just around the corner and Dev Shapiro has left nothing to chance. The Dallas resident and veteran bargain hunter has spent the last three weeks developing a plan of attack for Black Friday sales, the day after Thanksgiving when retailers across the country slash prices on everything from flat screen TV’s to the hottest Christmas toys.
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.
Tuesday's rally has opened a buying window that won't be around forever.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.