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Could Sears Stores Disappear? Brian Sozzi Thinks So
Thursday, February 26, 2015 - 1:20pm | 376In an article published on The Street on Thursday, Belus Capital Advisors CEO Brian Sozzi wrote that Sears Holdings Corp's (NASDAQ: SHLD) Chief Executive Officer and largest shareholder Eddie Lampert may have hinted that its stores may have to "virtually vanish" from America to...
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Brian Sozzi: Sears' Quarterly Loss Was 'Ugly'
Thursday, December 4, 2014 - 1:24pm | 317Sears Holdings Corp (NASDAQ: SHLD) reported its third-quarter results Thursday. The company reported a better-than-expected loss per share while revenue came in better than expected. However, same-store sales declined by 0.7 percent, worse than the 0.1 percent decline seen in the same...
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Wal-Mart, Target And Macy's All Don Black This Thanksgiving
Wednesday, November 5, 2014 - 1:09pm | 795Black Friday, the day after Thanksgiving, is the biggest shopping day of the year. Within the last few years, several major stores have opened their doors earlier and earlier; now, the pattern has continued pushing and several stores are set to open on Thanksgiving Day. This phenomenon, Black...
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The Year-Long Chain Of Retailer Data Breaches
Friday, October 17, 2014 - 3:15pm | 1063The Wall Street Journal reported on December 18, 2013 that Target Corporation (NYSE: TGT) had been the victim of an "extensive theft" of customers' credit and debit card data. Understandably, consumers panicked and investors worried. The timing couldn't have been worse, as...
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Sears Holders Shrug Off Latest Bad News From Kmart
Monday, October 13, 2014 - 1:05pm | 229Sears Holdings Corp (NASDAQ: SHLD) shares on Monday appeared to weather reports that its Kmart shoppers got hit with a hack attack that stole uncounted credit card numbers. Kmart President Alasdair James said that the scam was uncovered Thursday. Sears' shares have been hammered recently...
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6 Sure Signs The Holiday Shopping Season Is Already Here
Thursday, September 25, 2014 - 1:42pm | 957Autumn officially arrived at 10:29 p.m. ET September 22. Just ahead of that, the 2014 holiday shopping season began. For those who missed the signs, here are six sure indicators, along with the retailers that introduced them, offering proof positive that the holidays have arrived. 1....
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Brian Sozzi: Retailers Just Letting The Stores Die Everyday
Wednesday, January 8, 2014 - 2:56pm | 566The art of going viral may be redundant in 2014, but that doesn't mean it will stop happening. Brian Sozzi recently tweeted out pictures of few big-time retail and department stores. The Street and The Huffington Post both picked up on the less-than-desirable pictures, causing some of the...
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Retailers Hoping For After-Christmas Sales Surge
Thursday, December 26, 2013 - 9:38am | 595Hoping to boost lagging end-of-year sales, a number of retailers announced a push to attract customers after Christmas. Many big-name stores are taking part – including Macy’s (NYSE: M), Wal-Mart (NYSE: WMT) and even online giant, Amazon (NASDAQ: AMZN). Some traditional bricks and mortar...
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Some Say Pre-Thanksgiving Sales Push May Not Be Effective
Tuesday, November 19, 2013 - 1:32pm | 634Black Friday, as the official start of the holiday shopping season, is over. Thanks to a shortened holiday calendar with only four weeks between Thanksgiving and Christmas (not to mention the fact Hanukkah begins November 27), many retailers had already planned an early start to this important...
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Abbreviated Holiday Season Will Cost Stores $1.5 Billion
Wednesday, November 6, 2013 - 12:49pm | 588If you are wondering why more retailers are opening on Thanksgiving Day this year, the calendar might have a lot to do with it. Thanksgiving is on November 28, the latest it has been since 2002. That means six fewer days between Thanksgiving and Christmas and that translates to about $1.5...
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Will Kmart's 41-Hour Thanksgiving Shop-a-thon Be Enough?
Tuesday, November 5, 2013 - 12:11pm | 737Sears Holdings (NASDAQ: SHLD) owned, Kmart will open at 6 a.m. Thanksgiving Day and stay open for 41 consecutive hours until 11 p.m. on Black Friday. To date, this decision represents the earliest Thanksgiving Day opening of any major retailer yet. Black Friday as the traditional beginning of...
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Is Sears on Life Support?
Wednesday, October 30, 2013 - 8:31am | 619Sears Holdings (NASDAQ: SHLD) said Tuesday it was mulling over spinning off both its Land’s End and Sears Auto Center businesses, according to The New York Times. Brian Sozzi, chief equities strategist at Belus Capital Advisors said this is yet one more sign of impending doom for the brand. As...
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Retailers Hoping for a Black Friday Miracle (BBY, JCP, RSH, SHLD)
Tuesday, November 20, 2012 - 4:26pm | 845A number of retailers have struggled in 2012, most notably Best Buy (NYSE: BBY), JCPenney (NYSE: JCP), RadioShack (NYSE: RSH) and Sears Holdings (NYSE: SHLD). All have seen their stocks fall notably. However, given their vulnerable states, modest successes this holiday season might result in...
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Three Alternatives to Sears (AKAM, FISV, KLAC)
Thursday, August 30, 2012 - 5:24pm | 763Sears Holding (NASDAQ: SHLD) is to be booted from the S&P 500 because it no longer considered representative of the index, according to Standard & Poor's. That is, Sears has too few shares available for trading to be representative of one of the world's top 500 companies. For investors who...
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Sears Sales Continue to Fall but Losses Narrow and Stock Rises
Thursday, August 16, 2012 - 11:01am | 587Sears Holdings (NASDAQ: SHLD) posted a narrower second quarter loss this year than it did in 2011. Sears has cut expenses and reduced inventories in an attempt to turn the company highly profitable once again. Merchandise inventories fell to $8.7 billion from $9.3 billion in the second quarter....