The past few years have been tough times for retailer Sears Holding (SHLD). The company has been steadily losing customers to rivals Target (TGT) and Wal-Mart (WMT), and today announced that following a dismal holiday season, it has decided to close between 100 and 120 of its Sears and K-Mart stores. Critics of the company blame its recent weakness to the company not having invested in remodeling its stores and to ...

With consumer sentiment still weak, and concerns over the global economy weighing on everyone's mind, a lot of people have been worried that retailers are going to report weak sales numbers this holiday season. We will not know for sure just willing people have been to spend this holiday season, but the fact that FedEx (FDX) recently saw its busiest shipping day ever is a positive sign. The company reported that ...

Online retailer Amazon.com (AMZN) will get its chance to impress Wall Street this afternoon when it reports its first quarter results after the closing bell. Going into this afternoon's quarterly report, analysts are expecting to see Amazon post earnings of $0.61 per share on revenues of $9.55 billion. During the same period last year the company had earnings of $0.66 per share with earnings of $7.13 billion. Why Amazon Earnings Are Important: Since Amazon ...

Shares of auto retailer CarMax (KMX) are trading sharply lower today following this morning's fourth quarter earnings report. As we noted yesterday in our CarMax earnings preview, analysts were expecting to see the company post fourth quarter earnings this morning of $0.38 per share. Earnings were higher than expected, at $).39 per share, marking the 9th straight quarter of analyst beating earnings for the company. During the same period last year CarMax ...

Home furnishing retailer Pier 1 Imports (PIR) is trading slightly higher today ahead of tomorrow's fourth quarter earnings report. With hopes building that the economic recovery is on solid footing, Wall Street will be looking for Pier 1 earnings as an indicator of just how much money people are putting back into their homes. For the quarter, analysts have forecast Pier 1 to report earnings of $0.31 per share. During the same ...