|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.1968 - 0.2090|
|52 Week Range||0.1500 - 2.7700|
|Beta (5Y Monthly)||2.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 06, 2019 - Aug 08, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Retail sales increased 0.3% in December for the third straight month in a row. Moody’s VP & Senior Credit Officer Mickey Chadha joins Yahoo Finance’s Seana Smith on The Ticker to discuss.
Shares of the retail company plummeted, after it released lower than expected holiday sales results. Kotter Executive Vice President Kathy Gersch joins the On The Move panel to discuss what the next steps are for the retailer.
Although some retail brands struggled to stay alive, others outperformed this year. Yahoo Finance’s Myles Udland and Brian Sozzi break down which retail names remained strong in 2019.
In the month of November, U.S. Housing starts rose 3.2% and activity in the multifamily sector increased for the second straight month. Nareit Senior Economist Calvin Schnure joins Yahoo Finance’s Adam Shapiro, Julie Hyman, Rick Newman and Chief Economist Torsten Slok at Deutsche Bank Securities to discuss on On The Move.
Bobbi Brown, a renowned American makeup artist, is teaming up with MasterClass to share her makeup secrets, thoughts on the beauty industry and offer advice from her time in the boardroom in a new lifestyle class, which is now available on www.masterclass.com. Bobbi Brown, founder of Bobbi Brown Cosmetics joins Yahoo Finance’s Editor in Chief Andy Serwer, Adam Shapiro, Julie Hyman and Brian Sozzi on On The Move to discuss that and more.
As we approach 2020, Yahoo Finance has been covering some business milestones of the past decade, including the biggest corporate busts of the past 10 years.
J.C. Penney shares surge after the retailer reported a narrow quarterly loss for Q3. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss the company’s decline in sales, despite beating the markets expectations.
Gap CEO Art Peck says he's leaving the retailer as Sears announces it is closing another 96 stores. Yahoo Finance's Julie Hyman, Brian Cheung and Scott Gamm talk about the struggles these retailers face.
The owner of Sears and Kmart plans to close 96 stores by February, leaving only 182 locations left. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss the struggling retail chain’s effort to stay in business, on The First Trade.
Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. One of the biggest market laggards of the decade was shopping mall department store Sears Holdings Corp (OTC: SHLDQ).
Sears has sold the DieHard car battery brand as the struggling retailer continues to shed assets to raise cash. The company, created by Sears in 1967, was acquired by Advance Auto Parts for $200 million, the companies said Monday. Sears will still be able to sell DieHard goods in its stores.
Shares of Advance Auto Parts rose 1% after it announced that it was buying Sears' DieHard battery unit for $200 million in cash. "We are excited to acquire global ownership of an iconic American brand," Advance Auto Parts CEO Tom Greco said in a statement. Sears has struggled for years as consumers have flocked to more modern retailers and online purchases.
Fleet management company KeepTruckin is a well-known competitor in the electronic logging device market, but over the past year is has sharpened its focus on harnessing even more data to help fleets improve safety and drive down costs. A 10th-place finisher on the 2019 FreightTech 25 list, KeepTruckin leapt to No. 5 on the most recent list, announced at FreightWaves LIVE Chicago on Nov. 13. "We're super excited to be on the list again — especially moving up five spots, because all those companies are really strong," John Sears, KeepTruckin's senior data science manager, told FreightWaves.
As consumers flock towards their preferred retailer for Black Friday savings; the battle for top retailer may show how Streaming Giant Netflix may be in big trouble.
Early data into the Yahoo Finance newsroom indicates Black Friday and holiday sales will break records. According to Adobe Analytics online retail sales on Thursday are expected to hit $4.4 billion. That would be up 18.9% year-over-year. But those profits won’t necessarily help those troubled retailers who are expected to close brick and mortar stores.
The Boston-based investment is doubling down on its bet that operators of shopping centers will keep their grip on struggling properties longer than short sellers expect.
Transform Holdco, the company formed in January to buy the remaining assets of bankrupt retailer Sears Holdings Corp., disclosed late Thursday a list of the next Sears and Kmart stores to close by the end of February.
Transformco, the company formed in January to buy the remaining assets from the bankrupt Sears and Kmart chains, has laid off about 300 staffers at the company's Hoffman Estates headquarters and field offices, according to media reports. The company did not disclose how many people still work at the company headquarters. The news comes days after it was announced that 96 stores -- 51 Sears locations and 45 Kmart stores -- would be closing. Going-out-of-business sales will begin on Dec. 2. The SPDR S&P Retail ETF has gained 8.4% over the past year while the S&P 500 index is up 14.6% for the period.
Sears told Reuters on Thursday it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances. The new loan, put together in recent weeks, increases by roughly $100 million the $150 million of financing that Sears raised several weeks ago, said people familiar with the transaction, who were not authorized to discuss publicly some aspects of the deal. Lampert, through his hedge fund ESL Investments Inc, has contributed a significant portion to the new financing, the people added.