Retail
Retail Articles
Best Buy was downgraded to Underperform from Neutral at Merrill Lynch, and the firm slashed its price objective to $50 from $70 on Monday.
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There was a while when investors believed that Best Buy had broken free from Amazon's gravity. That has been short-lived.
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U.S. retail sales rose slightly month over month in November and by more than 4% year over year as the holiday shopping season hit full stride.
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Costco Wholesale shares retreated early Friday after it released mixed fiscal first-quarter financial results late on Thursday.
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Costco is scheduled to release its most recent quarterly results after the markets close on Thursday. Analysts expect to see top and bottom line growth from last year.
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American Eagle Outfitters is scheduled to release its fiscal third-quarter financial results after the markets close on Tuesday.
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DSW released better-than-expected fiscal third-quarter financial results before the markets opened on Tuesday.
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Home improvement retailer Lowe's will close a number of its stores between now and the end of its fiscal year, the latest brick-and-mortar retailer to cut its national footprint.
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Stitch Fix shares fell after it reported its fiscal first-quarter financial results after the markets closed on Monday.
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While most economists believe the holiday retail season will be good, Walmart's ongoing reliance on traditional retail outlets will continue to drag on its prospects.
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Lululemon Athletica shares tumbled Friday after it released mixed third-quarter results after the markets closed on Thursday.
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Former Sears CEO Eddie Lampert and partners have offered to acquire virtually all of the assets of Sears for a total compensation package of $4.6 billion.
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Michaels released better-than-expected fiscal third-quarter financial results before the markets opened on Thursday.
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Kroger shares retreated after it reported mixed fiscal third-quarter financial results before the markets opened on Thursday.
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Kroger has come up with a way to help it compete with Amazon.com's grocery business and Walmart's large grocery operations. It will open locations inside of Walgreens stores.
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