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Retailers are expected to report healthy sales gains in December, as a last-minute flurry of shoppers scooped up marked-down merchandise.
While both professionals and do-it-yourself investors try to prognosticate the new year, we're always dealt our fair share of surprises — good and bad. Here are five stocks that turned in the biggest negative surprises for investors.
Restaurants that have filed for Chapter 11 bankruptcy protection this year, including Friendly’s, Chevys, Sbarro and Perkins, barely bringing in enough cash to cover basic expenses. Yet they somehow keep hanging on — leaving too many restaurants chasing after scarce dining dollars.
At some point, no one is a long-term holder. The long-term buy and hold investors are not as willing to buy and hold as they used to be.
Sears' decision to close up to 120 Kmart stores shows a retailer struggling to draw shoppers at a time of increasing competition, Credit Suisse retail analyst Gary Balter told CNBC.
Sears Holdings' announcement that it will close between 100 and 120 locations should not really be a surprise. Since the combination of Sears and Kmart, management has focused on everything BUT the most important item: the customer. Stock buybacks and cost cutting have ruled while Target, Kohl's and Wal-Mart have focused on sprucing up stores and grabbing a larger share of the consumer wallet.
The largest U.S. specialty electronics retailer said late Wednesday that "overwhelming demand for some products from Bestbuy.com has led to a problem redeeming online orders made in November and December.
CNBC's Jane Wells has the details of online sales slowing as we inch towards the end of the holiday season from the Target.com fufillment center in Tucson.
One analyst says this is the year online sales will go to the next level. Target, for instance, revamped its website in preparation for the holidays. CNBC's Jane Wells reports.
Christmas this year has come to the neighborhood pawnshop — and business is booming like never before, the New York Times reports.
With the holidays looming, it’s easy to fall prey to retail tactics that coax you to spend more as you frantically gather gifts for those on your list. Here are some tips to avoid these spending traps.
The Saturday before Christmas is too crucial to retailers to be left in the hands of procrastinating shoppers, so many stores are having “Super Saturday” this weekend, the New York Times reports.
The hitless season has retailers stocking less, leaning on classic items rather than new ones and possibly discounting less in the final days before Christmas. And with no Tickle Me Elmo or Zhu Zhu Pets to draw crushing crowds to the toy aisles, most retailers are being careful not to get stuck with unsold toys. The New York Times reports.
Best Buy may have been one of the biggest winners on Black Friday, but the shopping frenzy on Thanksgiving weekend probably didn't fix the company's core issues as it tries to shake its image as Amazon's showroom.
Used to be, customers would come running when stores cut prices. But these days, more Americans are becoming blase about bargains.
J.C. Penney is buying a minority stake in Martha Stewart Living Omnimedia for $38.5 million, the latest move by the department store to revive its brand.
In the file of better late than never, thought I'd post Friday's picks from Options Action - the focus: Deutsche Bank and Target.
Using research from Morningstar and S&P Capital IQ data, TheStreet.com has picked seven funds that could help investors get healthy returns with a minimal amount of risk to their capital along with a few of their top individual holdings.
The "Fast Money" traders outline what moves they plan to make in the final day of trading this week.
In the wake of this year's Black Friday shopping frenzy, many were asking how retailers were going to do to maintain the momentum throughout the holiday shopping season. We now have the answer: Let's make it Black Friday everyday!