Target, which started its subscription service by offering 150 baby products, is expanding the program tenfold by adding nearly 1,600 items.» Read More
The American consumer is cutting back--even at the most important (and typically extravagant) spending times of the year. That's the one clear headline from all the recent retail numbers. Markdowns ate profits, that's also clear. But figuring out just what's going on with the consumer involves a few shades of gray...
Big box retailers like Wal-Mart and Costco saw sales that exceeded expectations, but most niche retailers saw their sales drop or saw sales grow less than expected.
Discount retailer Target said December sales at its stores open at least a year rose 0.6 percent, adjusted for a calendar shift, compared with analysts' expectation for a gain of 0.2 percent.
In a long-expected move, discount retailer Target said Wednesday that Chairman and Chief Executive Bob Ulrich will retire May 1 and be replaced by President Gregg Steinhafel.
Some electronics retailers had huge success in 2007, but the year left others bruised. A CES retail panel featured executives from both kinds of companies.
U.S. stocks ended the day flat but there was plenty of action as oil passed through par, gold hit a new high and Bed Bath & Beyond put up "beyond" bad numbers. All that and more in the "Word on the Street."
The markets closed the week mostly flat on rising oil, global tensions and dismal housing numbers. Find out where the traders think you can make money next week.
Sometimes a stock is hot and other time it just burns. Following are the Fast Money misfires.
Retail dragged down the market in light post-Christmas trading. What's the word on the Street?
Now that Christmas is over, some analysts are saying it was the worst Holiday season in years. Can you trade it?
U.S. stocks managed a largely flat close Wednesday -- despite disappointing holiday retail news -- as the battered financial sector and energy companies gave a boost to the broader market.
Retail stocks were trading lower on Wednesday, sparked in part by a profit-warning from discount retailer Target.
Retailers opened earlier than ever on the day after Christmas on Wednesday and slashed prices with hopes of salvaging a holiday season that is falling short of already modest expectations.
Activist hedge fund Pershing Square Capital raised its stake in Target to nearly 10 percent, a U.S. Securities and Exchange Commission filing said.
Target said Wednesday it is taking longer than expected to determine whether to sell its credit-card assets, hampered in part by current market conditions.
It's later than you think: Today is the last day to buy online at big box.com stores like Sears, Target, Wal-Mart and Amazon in time for regular Christmas delivery. E-commerce is drawing more customers than ever before.
Stocks closed lower as fears that inflation was hampering holiday gift-buying combined with wider concerns about the state of the economy.
Holiday 2007 hasn't even happened yet but buyers and retailers are beginning to stock the shelves and clothing racks for 2008. With that in mind, I put together a list of some of the biggest questions that the retail industry is mulling over right now that will affect 2008.
Last holiday shopping season, Wal-Mart was struggling to get sales on track as lower-income shoppers snubbed its efforts to imitate smaller rival Target by stocking its stores with trendy but cheap products. This year, it's Target that is struggling.
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.