Consumer
10 Retailers That Are Closing Hundreds of Stores in 2017
It shouldn’t come as a total surprise to hear that the retail sector has been crumbling as of late. As more Americans start to do their shopping online instead of at a store, conventional retailers ... [Read]
Consumer
The Retail Sector is Likely to Benefit From Back-To-School Shopping
As we approach September, University students are starting to think about back-to-school shopping. And it seems like they’re planning on spending more than ever this year. According to the National Retail Federation’s annual survey, back-to-university ... [Read]
Consumer
This is Why Abercrombie & Fitch’s Stock Dropped 21% Today – July 10, 2017
Once famous teen retailer Abercrombie & Fitch (NYSE:$ANF) saw its stock fall by about 21% on July 10, 2017. The plummet in price can be largely attributed to the retailer’s termination of a deal to ... [Read]
Consumer
Sears Holdings Announces Yet Another Round of Store Closures
Just a week ago, Sears Holdings (NASDAQ:$SHLD) announced it was closing 20 stores in addition to the 265 it had already closed this year. Today, on July 7, 2017, the retail company announced that it ... [Read]
Consumer
Online Textbook Rental Company Chegg Has Succeeded at Altering its Business Model
When a business model becomes outdated, it is not unusual for the company to face difficulties when trying to pivot the business in a new direction. However, Chegg (NYSE:$CHGG), an online textbook rental company, has ... [Read]
Consumer
Sears Holdings Shares Took Another Plunge Today
On July 6, Sears Holdings Corp. (NASDAQ:$SHLD) shares took a plunge as the recent rally that held up the stock stumbled to a halt amongst pessimistic reports about the company and the entire department store ... [Read]
Consumer
This Is Why Sears’ Stock Saw A Surprising Gain in June
Despite news of additional store closures, Sears Holdings Corp (NASDAQ:$SHLD) fought back from its potential doom thanks to Bruce Berkowitz, a board member at Sears Holdings and founder of the Fairholme Fund (MUTF:$FAIRX). Berkowitz gave ... [Read]
Consumer
These Retail Companies Have Faced Some of The Most Store Closures in 2017
Not a lot of other industries in the market have struggled as much as the retail industry so far this year. According to finance management company Credit Suisse (VTX:$CSGN), more than 8,000 stores in total ... [Read]
Consumer
4 Canadian Small Caps that Have Decreased Their Dividends Over the Last Five Years
Before you invest in a company, you should first look to see what the company’s market capitalization is. On top of that, you should see whether or not the company has increased or decreased their ... [Read]
Consumer
Sears Closes 20 Additional Stores In the Wake of Retail Industry Crisis
If the struggles of the retail industry haven’t been evident enough by Amazon’s (NASDAQ:$AMZN) acquisition of Whole Foods (NASDAQ:$WFM), retail giant Sears Holdings (NASDAQ:$SHLD) just announced that it is closing another 20 if its stores ... [Read]