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 ...

The DOW closed at its highest in a year, as the market had its best week in the past 2 months, and snapping a two week losing streak. For the week, the DOW was up 4%, with the Nasdaq and S&P both up an impressive 4.5%. We got a couple pieces of good news today. The Commerce Department noted that the trade deficit fell by 3.6%, and we also got news that ...

September turned out to be a really good month for American retailers, which on the whole posted better than expected sales numbers. Today's report shows that retailers saw an increase of 0.6% in sales for the month of September, which has led several retailers to trade up to new 52 week highs today. Granted, the monthly numbers are in comparison to last September when retailers really struggled, but still good news ...