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Like Family Dollar and Dollar General? Here Are 3 Reasons You Should Love Orchids Paper
Monday, February 10, 2014 - 2:08pm | 347Read More...As fans of the Seattle Seahawks and Denver Broncos know, there are always winners and losers. In the retail sector, the losers include Sears, J.C. Penney, Bon-Ton Stores and Radio Shack, among many others. The winners include Family Dollar (NYSE: FDO) and Dollar General (NYSE: DG), as deep...
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Sozzi's Retail Roundup: Sears' Future Not Looking Good
Thursday, February 6, 2014 - 12:37pm | 405Read More...Brian Sozzi, CEO and Chief Equities Strategist at Belus Capital Advisors dropped by on Benzinga's PreMarket Prep on Wednesday to discuss retailers. Sears (NASDAQ: SHLD) is a retailer that Sozzi follows closely and wants to see succeed due to positive childhood memories. According to Sozzi, Sears'...
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Bon-Ton Stores Proves The Value Of Shorting A Stock
Friday, January 17, 2014 - 2:36pm | 324Read More...On December 5, 2013, Bon-Ton Stores (NASDAQ: BONT) closed at $17.51. That day, Benzinga published an article, "3 Reasons to Short Bon-Ton Stores." Bon-Ton Department Stores is now trading around $12.40 a share. It is off by well over 30 percent for the last month of market action. The reasons...
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Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Read More...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...
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Retailers Hoping For After-Christmas Sales Surge
Thursday, December 26, 2013 - 9:38am | 595Read More...Hoping to boost lagging end-of-year sales, a number of retailers announced a push to attract customers after Christmas. Many big-name stores are taking part – including Macy’s (NYSE: M), Wal-Mart (NYSE: WMT) and even online giant, Amazon (NASDAQ: AMZN). Some traditional bricks and mortar...
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Market Wrap For December 17: Markets Relatively Calm Before The Potential Storm
Tuesday, December 17, 2013 - 5:51pm | 2637Read More...The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...
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Market Wrap For November 4: Economy Is Steady, Tapering Could Be Around The Corner
Wednesday, December 4, 2013 - 6:16pm | 2104Read More...Stock futures declined before the equity markets opened after the ADP employment report showed a higher than expected 215,000 jobs were added during the month of November. Investors and traders were spooked by the report that solidifies the Fed's case to begin tapering. Traders and investors...
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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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Abbreviated Holiday Season Will Cost Stores $1.5 Billion
Wednesday, November 6, 2013 - 12:49pm | 588Read More...If you are wondering why more retailers are opening on Thanksgiving Day this year, the calendar might have a lot to do with it. Thanksgiving is on November 28, the latest it has been since 2002. That means six fewer days between Thanksgiving and Christmas and that translates to about $1.5...
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Will Kmart's 41-Hour Thanksgiving Shop-a-thon Be Enough?
Tuesday, November 5, 2013 - 12:11pm | 737Read More...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...
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Is Sears on Life Support?
Wednesday, October 30, 2013 - 8:31am | 619Read More...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...
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Halloween Business is Big Business
Friday, October 18, 2013 - 8:01am | 566Read More...This year, by October 31, 158 million Americans will have spent close to $7 billion on scary stuff. This will include scary decorations, scary costumes, and if you believe most health experts, scary candy. All this according to the National Retail Federation Halloween Spending Survey conducted...
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Amazon Should Root for Barnes & Noble to Stay Afloat (AMZN, BKS)
Monday, July 15, 2013 - 4:15pm | 547Read More...If Barnes & Noble (NYSE: BKS) goes down, Amazon.com (NASDAQ: AMZN) will feel the pain. It may sound counter-intuitive, but according to The New York Times, it’s true. The theory, born out by recent history in the book business, is that when customers lose the opportunity to browse at a...
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Not So Fast Best Buy, You Haven't Won the Showroom Battle Just Yet
Tuesday, February 19, 2013 - 11:09am | 513Read More...Best Buy (NYSE: BBY) is claiming victory over show-rooming. In a company press release the electronics retailer announced that it would price match selected online stores in addition to its longstanding policy of price matching local retailers. Is it premature to claim victory in a battle that...
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Stores Can Now Charge Extra If You Use Your Credit Card, But Will They?
Thursday, January 31, 2013 - 4:16pm | 637Read More...The headlines sound like ads from the latest Wes Craven horror flick. Watch out for the 'checkout fee'! screams CNN. Credit Card Users Brace for Possible ‘Checkout Fee’! cries Fox. Beware the credit card trap! hisses Inforum. As reported by most news outlets, including Fox News, the story...
















