"Fast Money Halftime Report" traders talks about e-commerce retail in competition with big box retail like Wal-Mart. Mario Gabelli, chairman of Gabelli Funds, discusses what retail he owns.
CHICAGO, May 18- Wal-Mart Stores Inc on Thursday reported higher-than-expected quarterly sales at established U.S. stores, as investments to bring more customers into the discount retailer paid off and a bigger push into e-commerce boosted online purchases, sending its shares flirting near a 52- week high. Wal-Mart and analysts said the company is...
CHICAGO, May 18- Wal-Mart Stores Inc on Thursday reported higher-than-expected quarterly sales at established U.S. stores, as a huge investment to bring more customers into the discount retailer paid off and a bigger push into e-commerce boosted online purchases, sending its shares to a 52- week high. "Wal-Mart's long string of investments in labor and...
CHICAGO, May 18- Wal-Mart Stores Inc on Thursday reported higher-than-expected quarterly sales at established U.S. stores, as more customers visited the discount retailer and its e-commerce push boosted online purchases, sending its shares up 1.3 percent in early trade. Wal-Mart's strong results show the retailer is benefiting from its $2.7 billion...
CHICAGO, May 18- Wal-Mart Stores Inc on Thursday reported slightly higher-than-expected quarterly sales at established U.S. stores as customer visits increased and online purchases accelerated. Earnings per share came to $1 in the first quarter ended on April 30, exceeding the analysts' average estimate of 96 cents, according to Thomson Reuters I/B/E/S.
JPMorgan reiterates its overweight rating on Amazon predicting the company's e-commerce market share will rise to 50 percent by 2019.
The "Squawk Box" news team discusses some of the morning's most provocative headlines.
MKM Partners reiterates its buy rating for Alibaba and expects "strong results" when it reports earnings on Thursday.
Since launching in 2010, Pinterest has amassed more than 175 million active users around the world, as well as 1 million businesses.
May 15- Investment firms TPG Group Holding Advisers Inc and Dragoneer Investment Group LLC jointly reported an 8 percent stake in Etsy Inc, the Brooklyn- based online retailer of handmade goods, Etsy disclosed in filings on Monday. The disclosure comes just weeks after activist hedge fund Black and White Capital LP, which owns roughly 2 percent of Etsy, urged the...
It took Amazon 18 years as a public company to catch Walmart in market value. It took less than another two years for Amazon to be worth twice as much.
Jim Cramer spoke with top executives to see which trends are transforming business and moving markets.
The retail sector is facing its worst performance since the Great Recession — an alarm for smaller shops, NBC News reports.
Penny's net sales dropped 3.7 percent to $2.71 billion, declining for the third straight quarter and just short of the average analyst estimate of $2.77 billion, according to Thomson Reuters I/B/E/S. Sales at clothing stores fell 0.5 percent in April, while sales at online retailers, such as Amamzon.com Inc, jumped 1.4 percent, according to data released by the...
The "Squawk on the Street" crew talks about the rough week for retailers as earnings show weak sales and Amazon continues to take market share.
Department stores have to reinvent themselves, says Dana Telsey, Telsey Advisors Group CEO, discussing retail's dismal quarter and what they must do to bring back consumers and remain competitive in the retail game.
A boon in prestige beauty sales has driven hordes of consumers to Sephora — buying up the next hottest lip kit, N.Y. Times reports.
"I'm going to leave this interview and I'm going to go play golf," Citron Research's Andrew Left told CNBC.
A Condé Nast and Goldman Sachs survey showed teens loved the online retailer because of its efficiency, speed and convenience.
*Website to go live on June 6. PARIS, May 10- LVMH is launching a multi-brand e-commerce website inspired by its exclusive Parisian department store Le Bon Marche, as the world's biggest luxury goods group steps up the digital side of its business. LVMH, controlled by French billionaire Bernard Arnault, said the new site would go live on June 6 in more than 70...