Retail
Think before returning items to Amazon, you may avoid a lifetime ban
One of the proclaimed policies of Amazon (AMZN) is to “be patient” with customers. Now, shoppers who so far enjoyed…
Best Buy stock slips on weak guidance, despite upbeat earnings
Best Buy’s (BBY) first-quarter earnings got a boost from broad-based revenue growth, aided by positive comparable store sales across all…
L Brands reports 8% jump in revenue; stock slips on weak guidance
The Columbus-based retailer L Brands (LB) reported a 7.7% increase in net sales, while earnings plunged almost 50% year-over-year to…
Red Robin shares tank 18% after insipid Q1 results
Restaurant chain Red Robin Gourmet Burgers (RRGB) saw its shares plunge 18% in the early hours of trading today, triggered…
Lowe’s shares fall on earnings miss
Lowe’s (LOW) today reported lower-than-expected Q1 earnings, sending its shares down as much as 8% during the pre-market trading. The…
JC Penney falls to record lows as CEO Marvin Ellison quits to head up Lowe’s
Troubled department store chain JC Penney (JCP) suffered yet another setback after Chairman and CEO Marvin Ellison stepped down amidst…
Costco’s rival BJ’s Wholesale Club to reenter public market
The membership-based warehouse operator BJ Wholesale Club, which competes with the likes of Costco (COST) and Sam’s Club, is all…