Shorting American Apparel Inc. is back in style.
The failure of United Parcel Service Inc. and FedEx Corp. to deliver packages in time for Christmas has exposed the perils of retailers promising to get last-minute gifts to customers.
Fewer Americans hit the malls the last week before Christmas even as retailers from Macy’s Inc. to Michael Kors Holdings Ltd. poured on the discounts.
At the height of the holiday shopping season, Target Corp. finds itself grappling to maintain customers’ loyalty in the wake of a breach that exposed data from 40 million debit and credit cards.
Natural gas futures will fall in the next month, based on a technical analysis of trend lines by Piper Jaffray Cos. that shows recent highs and lows.
Natural gas futures have reversed a two-year downtrend over the past several weeks and may top $5 in the third quarter, according to a technical analysis by Piper Jaffray Cos.
U.S. retail sales rose 3.5 percent during the holiday season this year, helped by deep discounts at malls and purchases of children’s apparel and jewelry, MasterCard Advisors SpendingPulse said.
West Texas Intermediate crude may tumble below $80 a barrel if it fails to breach $100, according to technical analysis by Piper Jaffray Cos.
"We will be seeing promotions significantly above the current 30 percent off, which are the opening table stakes."
- Craig Johnson on Nov 18, 2013
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