|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.1650 - 0.1800|
|52 Week Range||0.1200 - 0.4600|
|Beta (5Y Monthly)||2.18|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 07, 2019 - Aug 09, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Former Chairman & CEO of Toys 'R' Us and current CEO of Storch Advisors Jerry Storch joins Yahoo FInance’s Seana Smith to discuss the worse than expected drop in April’s retail sales and which sectors have been especially hard.
J.Crew has filed for chapter 11 bankruptcy amid the coronavirus outbreak. Yahoo Finance’s Emily McCormick joins Seana Smith to discuss what this means for the retail sector.
Camilla Yanushevksy, CFRA Equity Research Analyst, joined Yahoo Finance's Myles Udand, Dan Roberts, and Melody Hahm to discuss how coronavirus is impacting big name retailers.
Sears spun off its interests in shopping mall properties into a real estate investment trust called Seritage Growth Properties. Its shares are now valued at 80 times next year’s forecast for funds from operations.
Sears' billionaire owner Eddie Lampert rescued the retailer from liquidation in a $5.2 billion takeover during bankruptcy proceedings a year ago. Sears reached an agreement with Brigade for the $100 million financing in recent weeks, according to the sources, who spoke on the condition they not be identified because the negotiations were confidential. Lampert has also bankrolled Sears in recent months, the sources added, without disclosing the total amount of funding he provided.
Say the world 'architect,' and images immediately come to mind of grand homes or buildings, artistic designs and blueprints. But what an architect actually does, and how much one makes, varies widely.
The retail apocalypse has hollowed out malls across the U.S. And the downward trend has spurred a phenomenon, dubbed “ghost kitchens."
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.
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.
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.
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.
There are a few traditional retailers left that appear to have figured it all out. None are true department stores. I think one has to include COST.
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 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.
Hundreds of thousands of Americans have had their personal data exposed in another big data breach. This time the company reportedly responsible is Texas-based messaging firm TrueDialog, which operates a database of Americans' cell phone numbers for companies to send text messages for marketing purposes. The TrueDialog database is hosted by Microsoft Azure and runs on Oracle Marketing Cloud. Private text messages were left open and unsecured online for a long period of time, which left access open to users' medical information and login info to sites like Google and Facebook.
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.
According to the Wall Street Journal, Apple has been testing out a version of Apple Music for use in store. Yahoo Finance’s Dan Roberts, Heidi Chung and Kristin Myers discuss on YFi AM.
Situations such as Sears , where several years ago the value crowd became overly excited about the "value" inherent in Sears' owned buildings, were a wake-up call. Fortunately, I was not a believer in the Sears value story, nor the J.C. Penney real estate fantasy. Within retail/restaurants, struggling brands won't command premium prices, even when there is significant real estate involved.