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Sears Starts Restructuring

Sears Holdings today announced a series of cost-cutting measures that it said will save the company at least $1 billion a year. The initiatives...

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Amazon Q4 Earnings Up 55%

Amazon reported a 55 percent increase in fourth-quarter profits, to $749 million for the three months ended Dec. 31, 2016. But its stock still...

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Lampert Lending Sears More Cash

Sears Holdings chairman, CEO and majority shareholder Eddie Lampert is ponying up another $200 million to keep his company going. The cash comes in...

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Best Buy Opens Appliance Outlets

For years Best Buy has disposed of open-box, pre-owned, refurbished and clearance items online via eBay, Cowboom (now closed) and Best Buy Outlet. More...

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Costco Squeezed By Price Drops In Tech

Costco said price declines, particularly in big-ticket categories like consumer electronics, impacted comp store sales in its first fiscal quarter. On an earnings call,...

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LeEco TVs, Phones Hitting Retail

LeEco, the Chinese tech manufacturer, content provider and new Vizio parent, is bringing its line of titular phones and TVs to retail. The products,...

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Lowe’s Black Friday Ad Leaked

Lowe’s 28-page Black Friday ad scan has been revealed. According to BFAds.net, which hoisted the pirated insert over the weekend, lead-off appliance deals include...

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