Retail

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It’s hard to deny that online sales are on a hot streak, consistently posting sales growth that outpaces bricks-and-mortar. Mobile sales, in particular, are increasingly contributing to that traction, accounting for 11 percent of total e-commerce dollars in the second quarter, according to ComScore. Despite the rising share of desktop and mobile sales—which is expected …

The future of shopping

Courtney Reagan shows us what the future of retail could look like and explains why the mall of tomorrow will look nothing like it does today.

Turning point for Target?

Target cut its profit forecast as it is trying to win back customers and increase sales. But there may be a glimmer of hope in the retailer’s latest earnings report.

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Customers shop for back to school supplies at a Target store in Colma, Calif., Aug. 9, 2014.

Although the second quarter is shaping up to be another lackluster period for most retailers, the sector is beginning to show some signs of optimism, with several companies highlighting the back-to-school season as a bright spot in their earnings reports. Mid-tier department store Macy’s, which cut its same-store sales forecast for the year based on weakness …

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In a difficult retail environment, Target and Wal-Mart Stores are planning new initiatives in hopes of cracking open consumer wallets. Target plans to cater to late-night shopping by extending hours at more than half of its U.S. locations, the Wall Street Journal reported. Read More Two major grocery chains in potential data breaches Discount retailer Wal-Mart will staff each of its registers …

Wal-Mart cuts outlook

Wal-Mart, The world’s biggest retailer disappointed investors by cutting its earnings guidance for the year.

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Retail earnings are a mixed bag yet again. Wal-Mart reported earnings in line with expectations, but it wasn’t a great report. Traffic was down 1.1 percent, though higher average ticket helped. Full year guidance got cut by 25 cents, or about 5 percent, with management citing higher U.S. healthcare costs and more investment in Web assets. Are people …

Macy’s earnings miss

Macy’s, considered one of the stronger names in retail, surprised Wall Street with an earnings miss and a weak sales outlook.

Rising optimism

Today we learned that the federal budget deficit is lower, new employment data was positive and small business owner optimism was higher. Will the retailers that report earnings this week show that American consumers are optimistic?

Dispute erupts between Disney & Amazon

Amazon is taking on Disney in an effort to gain more control over pricing online.

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With back-to-school shopping in full swing you would think a new pair of jeans is at the top of most school kids’ lists, but you would be wrong. A growing trend in casual wear is all about comfort, and denim is still struggling to find its place. Retail and fashion experts alike are not afraid …

Back-to-school retail trend

As brick-and-mortar retailers gear up for back-to-school shopping, many are adopting a new technique to lift sales called “webrooming.”

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Amazon is taking yet another step toward elevating its offered convenience. The online site expanded its same-day delivery option with a new “Get It Today” feature available to Amazon Prime members in the Baltimore, Dallas, Indianapolis, New York City, Philadelphia and Washington. D.C., metro areas, according to an Amazon press release. Read More Retail in 25 years: …

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Are Target’s troubles merely anomalies, or symptomatic of the economy’s problems, despite relatively strong earnings reports? The retail giant lowered its outlook, telling investors it now expects 78 cents a share for the just completed (July-ending) quarter, well below earlier guidance of 85–$1.00. They cited promotional markdowns and lower than expected sales in Canada; meanwhile, U.S. …

PacSun

Although promotions will undoubtedly play a role in back-to-school sales, it’s not all about which retailers are delivering the best deals. As children and teens have a growing influence on purchases during the second-largest retail season of the year, experts said stores that offer the latest trends will position themselves to win the dogfight over …