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Apple's New iBeacon Features Personal Location-Based Ads
Friday, December 6, 2013 - 12:31pm | 563Read More...In this clip from the 2002 movie, Minority Report, Tom Cruise, aka John Anderson, walks through a crowded mall where he and other shoppers are besieged by personal ads, based on their proximity to display kiosks. Fast forward to Friday. Apple (NASDAQ: AAPL) announced it would begin using micro-...
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Market Wrap For December 5: Market Participants Anxiously Await Tomorrow's Employment Report
Thursday, December 5, 2013 - 6:00pm | 2246Read More...Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...
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ComScore Reports Big Black Friday Numbers
Monday, December 2, 2013 - 10:10am | 517Read More...There was a lot of speculation on whether this year’s Black Friday would be a shopping bonanza or an epic bust. It appears that the former is true if comScore's (NASDAQ: SCOR) data is correct. The data break down like this. American shoppers spent about $1.2 billion on Black Friday ($1.198 to...
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Retailers Face a Tough Holiday Shopping Season
Friday, November 29, 2013 - 2:51pm | 357Read More...When Morgan Stanley issued a report in late October, predicting the worst holiday shopping season since 2008, they apparently weren't lying. Reuters confirmed Morgan Stanley's thesis on Wednesday when it published an article with the headline, “For U.S. stores it is ugly out there: in more ways...
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Market Wrap For November 29: Early Closing Bell And End To November
Friday, November 29, 2013 - 2:29pm | 1069Read More...Volume was light across the board despite Friday's early close also marking the last trading day of November. In typical fashion, markets close at 1:00PM on the day following Thanksgiving. As was to be expected, news was rather light and the major indices ended the day almost flat. The Dow...
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Wal-Mart Used Wrist Bands to Control Crowds on Black Friday
Friday, November 29, 2013 - 11:58am | 549Read More...How do you control an excited, sometimes, angry, sometimes drunk, sometimes cold gang of thousands of shoppers trying to score the best deals on Black Friday (or Thursday evenings—whatever that’s called)? That was the challenge for retailers all over the country as stores like Target (NYSE: TGT...
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Apps That Will Save You Time and Money Through The Black Friday Weekend
Friday, November 29, 2013 - 8:49am | 746Read More...Increased smartphone usage is causing a rise in “showrooming” among consumers, a practice in which shoppers examine and test out products at the traditional retailers, but later purchase the item online at a lower price. Popular retailers are aiming to maintain their sales by matching the...
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Target's Best 2013 Black Friday Tech Deals
Thursday, November 28, 2013 - 12:50pm | 423Read More...Black Friday is right around the corner. Are you ready? This year, Target (NYSE: TGT) will be offering a plethora of notable electronics when it opens at 8:00 p.m. on Thursday, November 28. Target's Black Friday Preview ad is highlighted by a $229 50-inch TV by Element, as well as the Beats...
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Sears' Leading U.S. Retailers Downturn in Canada
Tuesday, November 26, 2013 - 5:12pm | 383Read More...Several years ago, Canada was considered a gold mine for U.S.-based retailers to expand and open up their stores. After all, Canadians have similar tastes, buying habits and an affection for American brands and retailers. Many parking lots in cities that are in close proximity to the Canadian...
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Brick-and-Mortar Stores Strike Back Against Online Retailers
Tuesday, November 26, 2013 - 1:44pm | 595Read More...Shoppers looking to avoid long lines and physically draining shopping experiences have started to shift away from brick-and-mortar retailers and more towards online shopping. Even the shoppers who travel to stores are “showrooming," a practice in which the shoppers examine and test out products...
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Market Wrap For November 21: Dow Re-Claims 16,000 level On Positive Job Data
Thursday, November 21, 2013 - 5:40pm | 2029Read More...Encouraging news coming from the job market was enough to send the major markets higher. Initial Jobless Claims declined 21,000 to 323,000 versus an estimated 335,000. As to be expected, the Senate Banking Panel Voted in favor to approve Janet Yellen as the next Fed Chair. The Dow gained 0....
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Some Say Pre-Thanksgiving Sales Push May Not Be Effective
Tuesday, November 19, 2013 - 1:32pm | 634Read More...Black Friday, as the official start of the holiday shopping season, is over. Thanks to a shortened holiday calendar with only four weeks between Thanksgiving and Christmas (not to mention the fact Hanukkah begins November 27), many retailers had already planned an early start to this important...
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Target Earnings Preview: Low Expectations For Q3
Monday, November 18, 2013 - 5:18pm | 726Read More...Target (NYSE: TGT), which has jumped on the open earlier on Thanksgiving Day bandwagon this year, is scheduled to report its fiscal third-quarter results Thursday, November 21, before the markets open. The question for investors is whether Target results will echo the disappointing third-quarter...
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Earnings Expectations For The Week Of November 18: More Retailers On Deck
Sunday, November 17, 2013 - 4:40pm | 1175Read More...The focus is on retail as the as the crucial holiday shopping season is set to get underway. Last week, Walmart (NYSE: WMT) and Kohl's (NYSE: KSS) offered weak third-quarter results, while Macy's (NYSE: M) and Nordstrom (NYSE: JWN) turned in earnings beats. Plenty more retailers are on deck this...
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Short Sellers Yield On Best Buy (BBY, RSH, SHLD)
Wednesday, November 13, 2013 - 4:20pm | 1003Read More...Judging by the share price, one would think Best Buy (NYSE: BBY) had turned itself around, though analysts' expectations for the most recent quarter are still very modest. Best Buy has been hitting new highs since August, and it looks like short sellers decided to get out of the way. Other...
















