Brian Sozzi

Target (NYSE: TGT) has received its fair share of attention over the past few weeks because of its data breach that affected over 70 million American customers. Flying a bit under the radar is the company's recent expansion to Canada, which is off to a bumpy start. Target opened its first...

According to Barron’s, it’s “good-bye” time, not “buy” time for Best Buy (NYSE: BBY). It did not help that holiday sales fell almost a full percent compared to the two percent gain analysts expected. In addition, the company expects to report a decline in Q4 operating profit on February 27....

JC Penney (NYSE: JCP) announced on Wednesday that in an effort to cut costs and return to profitability will slash 2000 jobs and close down 33 stores. According to JCP's press release, the move should generate savings of $65 million. JC Penney's CEO, Myron Ullman, defends the decision, “While...

In a report published Monday, Belus Capital Advisors CEO and Chief Equities Strategist Brian Sozzi downgraded Starbucks Corporation (NASDAQ: SBUX) from Buy to Hold and lowered the price target from $90.00 to $75.00 due to operational concerns and a reduced probability that the company will raise...

Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...

In what is rapidly becoming a comedy of errors, Target (NYSE: TGT) announced Tuesday yet another major problem. This time the issue was an unspecified number of recently sold gift cards that were not properly activated and showed a zero balance. Target spokeswoman, Molly Snyder, in an email to...

Brian Sozzi, CEO and chief equities strategist of Belus Capital Advisors, shared his bearish thoughts on Wal-Mart's (NYSE: WMT) stock value Monday night on CNBC's Fast Money. “I think of Wal-Mart as the absolute loser stock. If you want to lose money, go invest in Wal-Mart in 2014...

Sears Holdings (NASDAQ: SHLD) owned, Kmart will open at 6 a.m. Thanksgiving Day and stay open for 41 consecutive hours until 11 p.m. on Black Friday. To date, this decision represents the earliest Thanksgiving Day opening of any major retailer yet. Black Friday as the traditional beginning of...

Sears Holdings (NASDAQ: SHLD) said Tuesday it was mulling over spinning off both its Land’s End and Sears Auto Center businesses, according to The New York Times. Brian Sozzi, chief equities strategist at Belus Capital Advisors said this is yet one more sign of impending doom for the brand. As...

The miserable second-quarter release put out by struggling retailer J.C. Penney (NYSE: JCP) this morning wasn't exactly a surprise, but the sheer size of the miss has bears licking their chops. J.C. Penney reported a loss of $2.16 per share, missing earnings estimates by over 103, while also...