Did you know that a real estate research firm projects 15% of malls will close by 2025?
Well, Money Morning guru Keith Fitz-Gerald projects that number is closer to 50%.
By Money Morning Staff Reports, Money Morning - • Print | Email
Did you know that a real estate research firm projects 15% of malls will close by 2025?
Well, Money Morning guru Keith Fitz-Gerald projects that number is closer to 50%.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Wal-Mart Stores Inc. (NYSE: WMT), the world's largest retailer, is on tap to post results tomorrow before the open.
Investors want to know if they should buy Wal-Mart stock after Q1 earnings.
Here's what you need to know...
By Michael E. Lewitt, Global Credit Strategist, Money Morning • @MichaelELewitt - • Print | Email
Aeropostale's bankruptcy and Macy's 15% post-earnings plummet are just the latest indications that retail stocks are in crisis.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The Nike stock split date is quickly approaching, and through the deal, Nike Inc. (NYSE: NKE) will be providing investors with two shares of Nike stock for every one they already hold.
The split marks the seventh time the athletic apparel giant has split shares.
Here's what investors need to know about the Nike stock split now...
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report - • Print | Email
Millions of investors believe they need to invest in retail stocks because they're a mirror for the consumer-driven economy we live in. Thatusedto be true, but no more.
One sector has completely derailed the premise. This shift could be like backing Wal-Mart before it roared to 600% gains.
Here's what you need to know...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
After another 7% drop today, Urban Outfitters (URBN) stock has now dropped nearly 20% in the last two days.
Urban Outfitters Inc. (Nasdaq: URBN) shares fell to a 52-week low of $19.26 Tuesday morning following head-scratching news from the specialty retailer. Urban Outfitters announced Monday it has acquired Philadelphia's Vetri Family group of restaurants, including the Pizzeria Vetri chain.
Here's why that news sent the stock crashing...
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report - • Print | Email
Wal-Mart stock lost $18 billion in value this Wednesday after management revealed the company may take up to a 12% earnings hit in 2017.
But the real story here has nothing to do with Wal-Mart itself.
It's the change in the market's flow that's important for investors.
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report - • Print | Email
President Obama just doomed millions of hardworking Americans to the unemployment line and, at the same time, just made it harder for every retailer – large and small – to turn a profit.
This is the last thing you want to see as an investor as well.
Here's the latest reason why you should now think twice about holding retail stocks...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 - • Print | Email
RadioShack stock is still trading.
And what's more, it has been up as much as 234% since the electronics retailer delisted from the New York Stock Exchange then filed for Chapter 11 bankruptcy in February 2015.
Here's the reason behind these gains, and why you should stay away.
By Michael E. Lewitt, Global Credit Strategist, Money Morning • @MichaelELewitt - • Print | Email
Investors reacted with joy when Sears announced on November 6 that it would sell 200 to 300 of its stores
to a real estate investment trust (REIT) in 2015.
It was the "Big Bang" announcement investors had been waiting for since hedge fund billionaire Eddie Lampert combined Sears with the bankrupt retailer Kmart a decade ago.
But, after a quick share price pop, "be-careful-what-you-wish-for" investors have figured out that the REIT transaction will saddle the company with an additional $150 million in operating expenses and gut the company of its last remaining valuable assets.
And that makes the endgame for this iconic American retailer a foregone conclusion...