The "Retail Ice Age" is sweeping the nation, and over 3,591 retail stores have shuttered their doors.
The "Retail Ice Age" Will Crush These 3 Companies Next
We predict these three retail companies will be the next to close...
By Casey Wilson, Associate Editor, Money Morning - • Print | Email
The "Retail Ice Age" is sweeping the nation, and over 3,591 retail stores have shuttered their doors.
We predict these three retail companies will be the next to close...
By Money Morning Staff Reports, Money Morning - • Print | Email
With Sears closing stores throughout the country, investors are wondering if there is any life left in Sears stock.
Our experts have been following Sears stock for years and have discovered the perfect way to profit from this once iconic brand.
Here's everything you need to know about profiting from Sears stock today...
By Casey Wilson, Associate Editor, Money Morning - • Print | Email
The retail sector is sinking, and thousands of American retail workers are finding themselves jobless.
In fact, the U.S. retail sector just had its worst two-month stretch since 2009 — the tail end of the Great Recession.
Just look at these staggering numbers...
By Jack Delaney, Sr. Cannabis Editor, Money Morning - • Print | Email
The death of retail stocks is on the way, as people spend more time shopping online than they do visiting malls.
Iconic department stores were simply too late to adjust to changing consumer habits.
However, we have a unique strategy that could let you profit from the demise of retail stores...
By Casey Wilson, Associate Editor, Money Morning - • Print | Email
Retail stores are closing and/or filing for bankruptcy at a record pace — more than during the financial collapse of 2008.
What exactly is happening to American retailers – and more importantly, how will this affect your investments?
By Casey Wilson, Associate Editor, Money Morning - • Print | Email
Another one bites the dust.
High-end retailer Vince just became the latest victim of the retail ice age.
Here's a look at what went wrong...
By Casey Wilson, Associate Editor, Money Morning - • Print | Email
Staples may have finally found a way out of the "Retail Ice Age."
The company is considering a sale, roughly one year after its failed tie-up with Office Depot.
By Michael E. Lewitt, Global Credit Strategist, Money Morning • @MichaelELewitt - • Print | Email
By all accounts, 2016's "Black Friday" was a success, surpassing $3 billion in sales for the first time in history. That might be welcome news for a retail industry that is now unambiguously in crisis, but most of the record spending was done online.
That's just another nail in the coffin for an industry that's seen a raft of bankruptcies lately, with mall-based fixtures like Sports Authority, RadioShack, Aéropostale, American Apparel, and PacSun all going belly-up.
I'm not trying to spoil anyone's festive mood, but it's my job to call it as I see it: This trend for these traditional retailers points straight down. No matter how much you personally spend this shopping season (and I do hope you get some good deals), the explosion of ecommerce, along with weak and/or increasingly selective consumers, makes traditional retailers' destruction inevitable.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The Amazon stock price hit an all-time intraday high of $757.34 Tuesday amid excitement over Prime Day.
What's even better is that the Amazon stock price rally is far from over.
By Jack Delaney, Sr. Cannabis Editor, Money Morning - • Print | Email
Sears Holdings Corp. (Nasdaq: SHLD) has a long and rich history, and its founders revolutionized the retail catalog.
But the only value Sears has left is in nostalgia, and you can't exactly put a price tag on that.