Retailers are eyeing shopping mall vacancies to house spinoff concepts, as they search for ways to grow sales organically.» Read More
Stocks are at new highs, but where are the bargains? Big financials are mounting an impressive rally.
*Staples, Costco shares down after results; Kroger up. *Crimea's parliament voted on Thursday to join Russia and its Moscow- backed government set a referendum for March 16 on the decision, in a dramatic escalation of the crisis between Russia and the West over the Ukrainian Black Sea peninsula.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, as markets gear up for the all-important NFP jobs report.
Staples forecast a fall in quarterly sales and said it would close up to 225 stores in North America by 2015.
Some of the names on the move ahead of the open.
*Staples, Costco shares down after results. *Crimea's parliament voted to join Russia on Thursday and its Moscow- backed government set a referendum for March 16 on the decision, in a dramatic escalation of the crisis between Russia and the West over the Ukrainian Black Sea peninsula.
March 6- Staples Inc, the largest U.S. office supplies retailer, forecast a fall in current-quarter sales as it loses customers to mass market chains and e-retailers, and the company said it would close up to 225 stores in North America by 2015..
March 6- Staples Inc, the largest U.S. office supplies retailer, reported a 10.6 percent decline in quarterly sales, hurt mainly by a fall in same-store sales in North America, and said it planned to close 225 stores by 2015.. Staples' sales fell to $5.87 billion in the fourth quarter ended Feb. 1 from $6.57 billion, a year earlier.
In addition, questions over whether Russia could be drawn into the conflict in Ukraine will likely weigh on investor sentiment. "It will be interesting to see the action on S&P futures on Sunday night based on the kind of developments we see in Ukraine.
While the markets are hoping to see a March thaw, reports of February data in the week ahead may show the economy is still feeling a bit chilled.
This week on Talking Squawk: Tour some lavish digs, find out how you can ask Warren Buffett a question and get stock picks.
Feb 25- Office supply retailer Office Depot Inc reported a surprise quarterly loss as same-store retail sales fell 4 percent in North America, sending its shares reeling. Office Depot shares fell about 15 percent in premarket trading on Tuesday, while those of rival Staples Inc dropped 2.5 percent.
LONDON, Feb 14- As a slowdown in emerging markets takes the shine off shares in consumer goods makers like Nestle, Unilever, Danone and Procter& Gamble, hungry investors have been sampling more of the companies that supply them.
This could bring in an additional $8.9 billion in revenue annually to the agency, if just 10 percent of those under-served turned to the Postal Service. "The Postal Service also is among the most trusted companies in America and trust is a critical element for implementing financial services."
Analysts say retailers' big challenge will be to figure out a way to attract customers without giving away the store, as many did this holiday.
UPS, embarrassed by deliveries that failed to reach clients in time for Christmas, may have a shrunken fleet of jets to blame. The WSJ reports.
StellaService, which rates retail customer service, scored sites on meeting promised delivery dates on holiday orders.
Three-D printing has been a breakout tech story this year, but the question is whether the printers will end up in people's homes.
Right now, the internet is largely a human-to-human affair. But the devices are coming. And they're talking, says the CEO of LogMeIn.
Spending on gift cards is expected to reach a record high this year, as shoppers search for practical gifts.