3 Apparel Stocks to Add to Your Investment Portfolio in 2017
Most retail investors are aware of the beatings the retail sector has endured over the course of the past year. To put this into perspective, according to BankruptcyData.com, there have been more than 300 retailers ... [Read]
Amazon’s 2017 Prime Day Was Yet Another Success
The results are in and Amazon’s (NASDAQ:$AMZN) 2017 Prime Day proved what we already knew: The e-commerce giant owns the consumer. This year’s annual event ran laps around the records set in 2016, but the ... [Read]
Is Walmart Cutting Themselves Too Thin?
Walmart (NYSE:$WMT) ran into stocking issues back in 2013, leading to empty display shelves, and customers left without guidance due to lack of on-site staff. The issue was dismissed as a result of over-reduction of ... [Read]
Amazon Still Has a Long Journey Ahead if it Wants to Catch Up to the World’s Biggest Online Shopping Day
Today’s the day Amazon Prime members have been waiting for – it’s Amazon Prime Day 2017! However, Alibaba (NYSE:$BABA), a Chinese e-commerce giant, will still maintain its competitive edge, and the company can take it ... [Read]
These Are The Stocks That Amazon Will Dominate
The “Death by Amazon” index is comprised of 54 retailers that are deemed as the most threatened by Amazon’s aggressive business model. The index hit a 4-year low this week, and is down more than ... [Read]
Amazon is Close to Breaking Sales Record for Prime Day 2017
Amazon’s 2017 Prime Day only commenced this morning but already the Washington-based company is saying that its Prime Day sale is on track to be the biggest shopping event in its history by sales. Amazon ... [Read]
Best Buy Loses $1 Billion in Market Capitalization as Amazon’s Takeover Continues
Recode reported on the morning of July 10 that Amazon (NASDAQ:$AMZN) has been developing its own version of Best Buy’s (NYSE:$BBY) tech repair, protection, and installation service, Geek Squad. Almost immediately following the news, investors ... [Read]
This is Why Abercrombie & Fitch’s Stock Dropped 21% Today – July 10, 2017
Once famous teen retailer Abercrombie & Fitch (NYSE:$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]
This is Why Shares of Gap, Kohl’s, and Macy’s All Fell – July 10, 2017
What happened? After it was announced that teen-apparel retailer Abercrombie & Fitch (NYSE:$ANF) terminated its sales deal with potential buyers, the company’s stock fell by 21.1%. However, it wasn’t just Abercrombie & Fitch itself that ... [Read]
Sears Holdings Announces Yet Another Round of Store Closures
Just a week ago, Sears Holdings (NASDAQ:$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]