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6 Retailers Trying To Make Black Friday Work For Them
Monday, November 9, 2015 - 4:16pm | 1408Read More...The Friday after Thanksgiving has long been the gateway to the holiday shopping season for Americans, but since its beginnings, the deals and shopping hours have become exponentially more fanatical. What began with stores opening for business a few hours earlier than normal became sales starting on...
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Prime Day: Amazon's Ploy To Get More Users Before Shopping Season
Monday, July 6, 2015 - 1:47pm | 384Read More...Amazon.com, Inc. (NASDAQ: AMZN) recently announced that to celebrate its 20th anniversary on July 15, it will organize a shopping event titled "Prime Day" on its platform exclusively for Amazon Prime customers. Tom's Guide editor-in-chief, Mark Spoonauer, was on CNBC Monday to discuss about...
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Expert: Alibaba's Jack Ma Won't Pick A Fight With Jeff Bezos
Wednesday, January 28, 2015 - 4:21pm | 438Read More...If investors were expecting a big fight between Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma and Amazon.com, Inc. (NASDAQ: AMZN) founder Jeff Bezos, they might be disappointed. Alibaba commands the Chinese online retail market with impressive results and a notable sales holiday, known...
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Mizuho Securities: December Retail Sales Improved As Month Progressed
Monday, January 5, 2015 - 11:45am | 265Read More...Betty Chen of Mizuho Securities commented in a note on Monday that December retail sales likely improved as the month progressed but were still below expectations. “Importantly, traffic remained soft (ShopperTrak reported flattish Super Saturday sales), forcing retailers to dial-up...
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Amazon Prime Reports Record-Breaking Holiday Season, Shares Rise
Friday, December 26, 2014 - 10:50am | 177Read More...Amazon.com, Inc. (NASDAQ: AMZN) announced Friday morning that its 20th holiday season was its most successful to date with record growth seen in Amazon Prime. According to a company press release, more than 10 million new members worldwide tried Prime for the first time. Amazon stated that its...
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Wedbush: Lululemon, Old Navy 'Traffic Winners' In Pre-Holiday Shopping Rush
Monday, December 22, 2014 - 10:40am | 262Read More...According to Morry Brown of Wedbush, Lululemon Athletica inc. (NASDAQ: LULU) along with Gap Inc (NYSE: GPS) owned Old Navy were “traffic winners” among specialty retailers. Brown commented in a note over the weekend that both retailers are “early seasons' winners”...
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Brean Capital Comments On November NPD Retail Video Game Data
Friday, December 12, 2014 - 11:21am | 198Read More...Todd Mitchell of Brean Capital commented in a note on Friday that November's NPD data that showed total retail video game industry sales declining 12 percent in November to $2.4 billion was better than the 18 percent decline projected. Mitchell notes that upside to estimates came from just over $1....
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Wunderlich: L Brands 'Trumps Black Friday Woes,' Momentum To Continue
Thursday, December 4, 2014 - 11:29am | 201Read More...L Brands Inc (NYSE: LB) reported on Thursday total November comps rose 8 percent from a year ago, driven by strong performances at Victoria Secret, PINK and Bath & Body Works. Danielle McCoy commented in a note on Thursday that L Brands focused on gifting, strong product collections,...
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Wal-Mart CEO Doug McMillon: Mobile Is Taking Over
Thursday, December 4, 2014 - 11:00am | 360Read More...Black Friday and Cyber Monday sales are out and it seems like brick and mortar giant, Wal-Mart Stores, Inc.(NYSE: WMT) is now also giving tough competition to its online counterparts. Wal-Mart announced having sold more goods than ever on a single day this Cyber Monday. Wal-Mart’s new CEO...
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Morgan Stanley: Aeropostale May Never Be Profitable Again
Thursday, December 4, 2014 - 10:00am | 220Read More...Kimberly Greenberger of Morgan Stanley is skeptical that Aeropostale Inc (NYSE: ARO) can earn a profit again. The analyst lowered her price target on shares to $2.00 from a previous $2.50 on Wednesday while maintaining an Underweight rating. “We believe there is a very high probability...
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Morgan Stanley Sees Holiday Strength In These 2 Apparel Retailers
Wednesday, December 3, 2014 - 4:50pm | 470Read More...A recent report by Morgan Stanley focused on apparel discounting and gross margins for the month of November. The study used pricing data collected weekly on thousands of apparel items. Discounting Morgan Stanley’s AlphaWise Apparel Discounting Index indicates that apparel...
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Brean Capital: Groupon 'Delivered The Goods' During Black Friday And Cyber Monday
Wednesday, December 3, 2014 - 11:09am | 311Read More...Tom Forte of Brean Capital said in a note on Wednesday he is now more bullish on shares of Groupon Inc (NASDAQ: GRPN) following the company's strong holiday sales. Groupon said on Tuesday that it achieved record North American sales on Black Friday and Cyber Monday and that those two days...
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Deutsche Bank: Costco Expected To Report November Same-Store- Sales Rose 6%
Tuesday, December 2, 2014 - 1:47pm | 176Read More...Paul Trussell of Deutsche Bank is expecting Costco Wholesale Corporation (NASDAQ: COST) to report "solid" November sales, including core same-store-sales rising 6 percent. "In our view, Costco continues to drive strong traffic trends both domestically and internationally,"...
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Mizuho: Expect Mixed November Comps For The Gap, L Brands And Zumiez
Tuesday, December 2, 2014 - 10:01am | 252Read More...Betty Chen of Mizuho Securities is expecting most retailers to demonstrate “flattish” sales trends in their November sales reports. “Lower gas prices and improving unemployment trends have not been overtly visible in overall consumer spending,” Chen wrote in a note on...
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Citigroup: Best Buy 'Clear Winner' On Black Friday
Monday, December 1, 2014 - 3:45pm | 365Read More...Best Buy Co Inc (NYSE: BBY) was a "clear winner" on Black Friday, benefiting from a recent uptick in consumer electronics demand and a strong selection of TVs, laptops, and tablet deals, an analyst said Monday. Citigroup's Kate McShane also singled out Williams-Sonoma, Inc. (NYSE...
