Retail
The best Black Friday deal is not on Amazon. It is Amazon.
Even as all retailers struggle to generate footfalls by giving away massive discounts on Black Friday, one retailer is offering…
Hibbett Sports likely to post weak Q3 earnings
Sporting goods store Hibbett Sports (HIBB) is slated to release its third-quarter earnings on Tuesday before the bell. Analysts have…
Trouble in Toyland could mean trouble for retailers
The retail industry is counting on the holiday season to boost their sales and rake in profits. Toys are a…
GameStop (NYSE: GME) to divest its Spring Mobile unit for $700 million
GameStop (GME) to sell its Spring Mobile division for $700 million to the Sugar Land, Texas-based Prime Communications. Spring Mobile…
Retail sector may be heading to a dry holiday season
The run-up to the holiday season has never been so disappointing for the retail industry, with lackluster financial performance and…
SoftBank to invest $2 billion in online retailer Coupang
SoftBank Group Corp. is planning to invest $2 billion through its Vision Fund in South Korean online retailer Coupang. This…
IKEA Group to cut 7,500 jobs
IKEA Group looks to cut 7,500 jobs in the next couple of years, according to the company. The furniture giant…
3 stock market trends for the Black Friday week
As we speak, another Black Friday is here. Retailers are apparently busy with their eleventh-hour dash to make sure they…
Foot Locker (NYSE:FL) surpasses Q3 estimates, stock rallies
Foot Locker (FL) stock surges more than 10% in the after-market hours as its third quarter earnings and sales exceeded analysts'…