The Americans are coming. And the Japanese and Europeans. Australia is being invaded by a swathe of foreign retailers, piling pressure on a local industry already battered by weak consumer spending and ruthless internet competition.
The year is almost over, but "Mad Money" host Jim Cramer isn't heading for the bench. He’s in the game!
U.S. markets were up overnight on optimism that a "fiscal cliff" deal might be possible. We'll see.
Just as Black Friday spilled over into Thanksgiving night, Cyber Monday has gone from being a one-day event to a tentpole for more than a week’s worth of promotions and discounts, NBCNews.com reports.
In its latest holiday forecast, IBM predicts shoppers will be decking the halls this holiday season, leading to a jump of nearly 7 percent in home furnishings sales during November and December.
The upscale furniture retailer, backed by private equity firms Catterton Partners and Tower Three Partners LLC, opened New York Stock Exchange trading at $32.05 after pricing at the high end of the expected range at $24.
NEW YORK-- Williams-Sonoma's potential for international expansion could position the company for solid sales growth in the near and long term, William Blair as it raised its rating on the upscale home goods company.
Oct 11- Williams Sonoma Inc:. *William Blair raises Williams Sonoma Inc to outperform from market. Reuters Station users, click. 1568.
Facebook is testing "Collections," which will allow users to share products and even buy the items through the social network.
LONDON, Oct 5- London's Oxford Street, one of world's busiest shopping strips, is suffering from flat-lining demand, signalling that the global economic gloom has spread to leading retail areas.
Take a look at some of Tuesday’s morning movers:
Retailers may want to take a hard look at Pinterest if they aren't already doing so. Evidence continues to suggest the social media website is a good way to generate customer leads. That's certainly the experience Wayfair, an ecommerce company that sells home furnishings, is having.
Further increase in gasoline prices may force Americans to cut spending, and in turn may hurt consumer-related stocks, says a new report from Barclays Capital.
Take a look at some of Thursday morning's early movers:
Hedge funds took profits in large cap consumer discretionary stocks in the fourth quarter of 2011 and put more money to work in the tech sector, which has been the top performer so far this year.
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Stocks closed higher in thin trading Thursday, led by strength in materials and industrials, erasing losses after several weak economic reports from earlier in the session.
“Fast Money” pros sounded bullish on Target — but not just because of plans to launch special Apple displays within 25 of its locations.
Shares of the following companies are showing unusual moves in Thursday's trading session.
Euro yo-yo: Euro rallies on strong Spanish and Italian bond auctions, drops when European Central Bank leaves rates unchanged, rallies on poor U.S. retail sales and initial jobless claims.