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The Ratings Game: Profit and sales warnings batter retail stocks, but Lululemon shines
News 1 day ago
The Ratings Game: Profit and sales warnings batter retail stocks, but Lululemon shines

A group of retail stocks were trading sharply lower Monday, after a series of sales and profit warnings that further cemented the perception that...

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Economic Preview: Economy capped off strong 2018 with big holiday season, but we won’t know for sure due to government shutdown
News 3 days ago
Economic Preview: Economy capped off strong 2018 with big holiday season, but we won’t know for sure due to government shutdown

Delay in retail, housing reports leave Wall Street partly in the dark Retailers rang up the strongest sales in 2019 in six years, credit card...

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Target will be ‘one of the top’ holiday performers: Moody’s
News 5 days ago
Target will be ‘one of the top’ holiday performers: Moody’s

Target reported 5.7% same-store sales growth, but shares sink after underperformance by others in the sector Target Corp. is poised to “be one of...

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Residents of Philadelphia found a novel way around the city’s ‘unpopular’ soda tax
News 5 days ago
Residents of Philadelphia found a novel way around the city’s ‘unpopular’ soda tax

Nearly two years on, the verdict is in on Philadelphia’s “soda tax.” The tax, justified as a kind of “sin tax” in the national war on obesity, did...

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Do drug treatment facilities really lower property values? Finally, an answer
News 5 days ago
Do drug treatment facilities really lower property values? Finally, an answer

As the opioid crisis rages on, those affected struggle to find treatment. One potential reason? People don’t want rehab centers in their backyards....

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Macy’s has only itself to blame for lackluster holiday performance, analyst says
News 5 days ago
Macy’s has only itself to blame for lackluster holiday performance, analyst says

Macy’s shares plummeted 19% on Thursday, and are dragging down the sector One analyst says many Macy’s stores were lacking in holiday cheer. Macy’s...

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Kohl’s same-store sales deceleration overshadows a positive story
News 5 days ago
Kohl’s same-store sales deceleration overshadows a positive story

Kohl’s Corp.’s 1.2% same-store sales growth over the holiday period fell short of the high expectations set by the fourth quarter last year, but...

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These are the pieces of the Sears that still have value in a liquidation
News 1 week ago
These are the pieces of the Sears that still have value in a liquidation

Just when you thought Sears Holdings Corp. was on its way out, the bankrupt department store retailer could be saved once again by a $120 million...

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Outside the Box: Why the housing and mortgage crisis is far from over
News 1 week ago
Outside the Box: Why the housing and mortgage crisis is far from over

With major data providers reporting that mortgage delinquencies continue to decline, Wall Street and the pundits are more convinced than ever that...

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Judge halts NYC’s crackdown on Airbnb and other home-sharing platforms
News 1 week ago
Judge halts NYC’s crackdown on Airbnb and other home-sharing platforms

A Manhattan federal judge shot down New York City’s attempted crackdown on Airbnb on Thursday with a ruling claiming the city ran afoul of the...

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Earnings Results: New Year cheer for investors in battered U.K. retailers
News 1 week ago
Earnings Results: New Year cheer for investors in battered U.K. retailers

Investors in Britain’s battered retailers breathed a sigh of relief Thursday following positive figures from clothing giant Next the first listed...

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The Wall Street Journal: Amazon plans to expand reach of its Whole Foods stores
News 2 weeks ago
The Wall Street Journal: Amazon plans to expand reach of its Whole Foods stores

Amazon.com Inc. is planning to build and expand Whole Foods stores across the U. S., people familiar with the plans said, to put more customers...

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Here’s a list of the 80 new store closures Sears has announced
News 2 weeks ago
Here’s a list of the 80 new store closures Sears has announced

Time could be running out for Sears Holding Corp., but in the meantime the bankrupt retailer continues to announce store closures. Sears SHLDQ,...

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Sears may shutter for good if Eddie Lampert doesn’t make a formal takeover bid today
News 2 weeks ago
Sears may shutter for good if Eddie Lampert doesn’t make a formal takeover bid today

Sears Holding Corp. may be close to the end. The bankrupt retailer will be broken up if Eddie Lampert, Sears chief executive and head of the hedge...

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Economic Report: Pending home sales slump again in November as housing market faces big chill
News 2 weeks ago
Economic Report: Pending home sales slump again in November as housing market faces big chill

Pending U. S. home sales were down 7.7% as compared with November 2017 Pending sales of U. S. homes fell again in November, reflecting a prolonged...

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What NOT to buy during post-Christmas and end-of-year sales
News 2 weeks ago
What NOT to buy during post-Christmas and end-of-year sales

While the holidays are drawing to a close, it’s still a decent time to find a deal as many retailers promote sales to move merchandise off their...

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The Wall Street Journal: Chinese property stocks have surged in fourth quarter
News 2 weeks ago
The Wall Street Journal: Chinese property stocks have surged in fourth quarter

Major Chinese property stocks have rebounded in the fourth quarter as Beijing works to stabilize the sector. Shares of major Chinese developers...

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Hostile bid for pot producer Aphria comes from billionaire Ohio family’s new U.S. company
News 2 weeks ago
Hostile bid for pot producer Aphria comes from billionaire Ohio family’s new U.S. company

A newly formed U. S. cannabis operation — backed by a storied Ohio family that has built a fortune in the retail business — is making a hostile bid...

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Lululemon tops two analysts’ lists for 2019
News 2 weeks ago
Lululemon tops two analysts’ lists for 2019

Lululemon Athletica Inc. is the top pick for 2019 at MKM Partners and Cowen, with analysts talking up the lack of in-store promotions and high...

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Outside the Box: 3 surprising things I learned from visiting 50 California marijuana dispensaries
News 3 weeks ago
Outside the Box: 3 surprising things I learned from visiting 50 California marijuana dispensaries

California has been the capital of cannabis since 1997, when medical marijuana first became legal. One year after it was legalized for recreational...

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In One Chart: This is the most expensive city to buy holiday gifts this holiday season
News 3 weeks ago
In One Chart: This is the most expensive city to buy holiday gifts this holiday season

From a Santa Claus’ suit to Christmas tree trimmings, the color red is all over the place this time of year — and renters might know that...

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Where to do last-minute toy shopping now that Toys ‘R’ Us is gone
News 3 weeks ago
Where to do last-minute toy shopping now that Toys ‘R’ Us is gone

Without Toys “R” Us, some parents are finding that last-minute toy shopping isn’t all fun and games this holiday season. Around 61% of holiday...

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The Wall Street Journal: Gymboree seeks bankruptcy loan, may close most of its stores
News 3 weeks ago
The Wall Street Journal: Gymboree seeks bankruptcy loan, may close most of its stores

Children’s retailer Gymboree Group Inc. is shopping for a bankruptcy loan as it prepares for a second chapter 11 filing in less than two years,...

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In some of the country’s most expensive cities, rent prices are starting to do something unexpected
News 4 weeks ago
In some of the country’s most expensive cities, rent prices are starting to do something unexpected

In cities like Seattle, the rent has indeed gotten too damn high — so high, in fact, that prices have flattened. Rent prices in Seattle, the...

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Upscale British chocolatier takes aim at Hershey and Godiva
News 4 weeks ago
Upscale British chocolatier takes aim at Hershey and Godiva

Hotel Chocolat has a message for U. S. rivals: our chocolate is way better than yours. The not-so-festive tone underlines the second attempt by the...

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Google joins Amazon, Apple with major push for operations outside the West Coast
News 1 month ago
Google joins Amazon, Apple with major push for operations outside the West Coast

Alphabet Inc.’s Google announced a major real-estate expansion in New York City that will make the company one of the city’s largest commercial...

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NerdWallet: Your days of itemizing tax deductions might be over
News 1 month ago
NerdWallet: Your days of itemizing tax deductions might be over

Around this time of year, many taxpayers begin the annual ritual of pondering The Big Question: Do I take the standard deduction or spend time...

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The Ratings Game: Walgreens stock dives after Goldman downgrade on concerns about core business
News 1 month ago
The Ratings Game: Walgreens stock dives after Goldman downgrade on concerns about core business

Walgreens Boots Alliance Inc. shares fell 4% Friday, after Goldman Sachs downgraded the stock to sell from neutral, citing concerns about a...

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Which Americans have improved their well-being most since 2008? Hint: It’s not white men
News 1 month ago
Which Americans have improved their well-being most since 2008? Hint: It’s not white men

Most Americans are better off today than they were a decade ago. But for some, the improvements to their well-being have been especially notable....

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Outside the Box: 8 tiny towns that are home to Fortune 500 companies
News 1 month ago
Outside the Box: 8 tiny towns that are home to Fortune 500 companies

When you think of Fortune 500 companies and where they’re based, you probably picture major cities like Silicon Valley, New York City and Seattle....

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