Coffee, Museums and Pizza: The Best Deals This Weekend
Every Friday, we scour the Internet for the best deals and freebies available for that weekend and beyond. Here's what we found this week.
Old Navy
Wall Street Watch: Dell Needs to Think Outside of the Box
Dell was once the envy of the consumer tech industry, but its days sales growth are long past. The PC maker saw its profitability drop sharply as sales tumbled 11% to $13.7 billion in the quarter that just ended -- even further than analysts expected.
Quebec to Big Retailers: Frenchify Your Signs
Walmart and several other leading North American retailers are going to court to fight orders from the Quebec Board of the French Language that their outdoor signs be modified in order to appear "more French."
Kim Kardashian and Old Navy Settle Lawsuit Over Ad
Kim Kardashian has settled a lawsuit against Old Navy claiming the clothing retailer violated her publicity rights by using a lookalike in an ad.
Clearance Sales Lured Shoppers to Boost Spending in July
Hot weather and clearance sales drew Americans into stores in July, giving retailers solid sales gains and helping offset worries about jobs and the economy. Three-quarters of retailers reporting results said they beat expectations.
Why Gap Will Never Be Great Again
Gap investors may feel pretty stoked right now. Shares of the company behind Old Navy, Banana Republic, and its namesake apparel chain have been on fire this year. But look closer and you'll see why this former fashion darling is still fading.
What to Watch This Week: New Tablets, Old Retailers
There's never a dull moment on Wall Street, especially when new tablets and old banks are in the way. Let's go over some of the items that will help shape the week ahead: The Kindle Fire, the Nook Tablet, and earnings reports from Sears, Gap, Hot Topic, Lowes Home Depot and Staples.
What Was Wall Street Thinking Last Week?
Some Street-related dispatches from last week's entry in the Human Comedy: Kim Kardashian filed a silly sounding but well-grounded lawsuit against Old Navy's use of a lookalike; gaming magnate Steve Wynn went all FOXNews on a conference call; and Barnes and Noble surged, nonsensically, on Borders' liquidation.
Gap Test Drives Apple's iPhone Point-of-Sale System
The same system Apple Store employees use to run credit card transactions on iPhones or iPod Touches is about to spread. Apple is offering it to other retailers, a move that could create a multifaceted win for Apple's enterprise business.
November Sales Should Be Strong for Retailers
With Black Friday providing a strong kick start to the holiday shopping season, major retailers are on track to see increases of 3% to 4% over last year when they release November sales figures on Thursday.
Gap's Fiscal 3Q Profit Falls 1.3% on Declining Old Navy Sales
Gap's (GPS) fiscal third-quarter profit fell 1.3% as negative same-store sales for the clothing retailer's Old Navy chain offset gains overseas. Shares fell in extended trading after the company failed to beat Wall Street earnings forecasts.
