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Zacks News
Will Microsoft be Next in the Trillion Dollar Club?
by David Borun
The once venerable software giant is definitely back on track
Redevelopment Initiatives to Solidify PREIT's Woodland Mall
by Zacks Equity Research
In its latest efforts to sail through retail market blues, PREIT (PEI) commences construction at the premium Woodland Mall. Also, new-to-portfolio retailers will likely boost mall traffic and sales.
Retail Industry to Make a Comeback by Regaining its Rightful Spot
by Nimah Quadri
Over the past year, the retail industry has been in a downward spiral. A lot of U.S. malls saw a decline in occupancy rates of many different stores over the past two years.
Amazon Roundup: Healthcare, Employment, Hub, Alexa, More
by Sejuti Banerjea
The highlights for this Amazon (AMZN) roundup include a new CEO to head up its health insurance initiative, its physical expansion, its apartment house pickup service Hub and new skills for Alexa.
Amazon Extends Ties With Sears, Bolsters Retail Presence
by Zacks Equity Research
Amazon's (AMZN) expands partnership with Sears which will aid it in improving services and enriching customer experience.
Chico's Joins Retailers' Bandwagon to Offer Brands on Amazon
by Zacks Equity Research
Chico's FAS (CHS) emerges as the latest retailer to offer Chico's brand clothing and iconic jewelry on Amazon in mid-May. This move will not affect the company's control on its products' pricing.
Bear of the Day: Signet Jewelers Limited (SIG)
by David Borun
Retail Jewelry Stores are Badly Beaten by the Trend Toward Online Sales
What Can Target Learn From Wal-Mart's Retail Game?
by Swarup Gupta
Even though Target may be doing similar things, it is missing out on the speed and scale of Wal-Mart.
Here's Why Sears Holdings (SHLD) Stock Is Slipping Again
by Ryan McQueeney
Shares of Sears Holdings (SHLD) were down more than 9% in morning trading Monday after the struggling retail company announced that a key investor is leaving its board of directors.
Why Betting on REITs Could Be Risky Now
by Zacks Equity Research
Changes in consumer preferences and supply issues in a number of asset classes have affected the market fundamentals and are likely to continue thwarting growth of REITs in the coming months.
Can Kohl's Extended Tie-Up with Amazon Drive Store Traffic?
by Zacks Equity Research
Kohl's (KSS) extends its partnership with Amazon.com to lure customers and improve store traffic.
Kohl's and Amazon Strengthen Retail Partnership with Free Returns Plan
by Madeleine Johnson
On Tuesday, shares of department store Kohl's Corp. (KSS) popped, up over 4.5% at one point (though the stock is currently trading up about 1.3% in late-morning trading), after the retailer said it will begin to accept returns on select merchandise from Amazon.com (AMZN).
Nordstrom's New Inventory-Free Concept is Risky--But Just May Work
by Madeleine Johnson
On Monday, The Wall Street Journal reported that upscale department store chain Nordstrom (JWN) is readying a new concept that is much different than its other retail ventures: a store that doesn't even sell clothes.
PREIT Enhances Viewmont Mall with Anchor Improvement Program
by Zacks Equity Research
Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, announces opening of three new retailers at Viewmont Mall in Scranton, PA, within the space previously occupied by Sears.
Kohl's (KSS) Partners Amazon for Smart Homes, Shares Soar
by Zacks Equity Research
Kohl's (KSS) partners with Amazon.com to lure customers and attract store traffic.
PREIT Closes Sale of 17th Low-Productivity Mall for $33.2M
by Zacks Equity Research
Pennsylvania Real Estate Investment Trust (PEI), better known as PREIT, resorts to portfolio rejig, sells 17 lower productivity malls and other non-core properties since January 2013.
Retail Stocks Gain on Better-Than-Expected Earnings From Abercrombie, Sears
by Ryan McQueeney
The struggling retail industry received a nice lift on Thursday morning following the release of several better-than-expected earnings reports, including those of iconic names like Abercrombie & Fitch (ANF), Sears (SHLD), and Tiffany's (TIF).
Want to Work for Amazon? Its Giant Job Fair is Your Chance
by Megan Sanks
Amazon.com (AMZN) announced on Wednesday that it will be hosting a giant job fair, called "Amazon Jobs Day," on August 2nd.
The Not-So Shocking Demise of Sears
by Madeleine Johnson
On this week's episode of Shopping for Stocks, Editor Maddy Johnson dives into Sears Holdings (SHLD), and looks into how the retailer, once America's largest, fell so far from its former glory.
Why Is Sears (SHLD) Skyrocketing Today?
by Ryan McQueeney
Shares of Sears Holdings Corp. (SHLD) opened more than 20% higher on Thursday morning after the struggling retailer announced that it would begin selling its Kenmore appliances on Amazon (AMZN).
This is Why Sears (SHLD) Stock is Gaining Today
by Madeleine Johnson
On Monday, shares of department store Sears Holdings Corp. (SHLD) are gaining, up around 7.3% in midday trading after it was revealed that the company has received a new line of credit.
Zumiez (ZUMZ) Falls Victim to Soft Traffic Trends in Retail
by Zacks Equity Research
Mall-based specialty retailer, Zumiez Inc.'s (ZUMZ) story is no different from the other retailers which are struggling at the moment to combat the effects of soft mall and store traffic, volatile consumer spending and a competitive retail landscape.
Nordstrom (JWN) to Close Store Amid Department Store Woes
by Zacks Equity Research
Nordstrom Inc.'s (JWN) announcement to close a full-line store in Dulles comes as a bit of a surprise amid a market scenario where most department store chains are struggling due to store and mall traffic trends along with a tough retail landscape.
Nordstrom (JWN) to Open Second Rack Store in Milwaukee Area
by Zacks Equity Research
Nordstrom Inc. (JWN) is steering ahead with its store expansion plan evident from the announcement of its intention to open another Nordstrom Rack store in Wisconsin in fall of 2018.
American Eagle (AEO) Shares Tank 13% on Bleak Guidance, Store Closings
by Benjamin Rains
Shares of American Eagle Outfitters (AEO) plummeted on Wednesday after the clothing retailer reported its first quarter earnings. But the previous quarter proved not to be the issue. Instead, it's American Eagle's forecast that has investors jumping ship.