nordstrom

Up or Down: 5 Retailing Leaders -- and 5 Laggards

Some merchants adjusted quickly to the "new normal" of penny-pinching shoppers, but others are still struggling with shrinking consumer budgets or headwinds they were fighting before the bottom fell out. Here's a look at the two groups that are going in two different directions.

Week in Preview: FOMC Meeting, Retail Earnings

At the upcoming Federal Open Markets Committee meeting, some quantitative easing may be on the table, given slowing economic. Plus, what to expect for the earnings of retailers like Nordstrom and Macy's.

Retailers Aren't Giving Investors Reasons to Buy

Industry sales in June were just slightly below estimates. But the variations among specific retailers were fairly broad, and few companies are offering better guidance for the second quarter, leaving investors little to get excited about.

June Retail Sales Forecast to Rise With the Mercury

The East Coast heat wave is warming up more than sidewalks: It's also helping retailers shake up sales. Merchants are expected to report healthy numbers when they post their June sales figures Thursday, and several could update their second-quarter guidance as a result.

May Retail Sales Rose, but Shoppers Remain Picky

Major retailers reported a 2.5% increase in comparable sales -- for stores open at least a year -- according to a tally by Thomson Reuters. Nearly all merchants blamed the shift of Memorial Day to May 31 -- a week later than last year -- for the lackluster results.

Consumers Cut Back on Spending in May

Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending on clothing and other nonessentials.

Why Retailers May Be Lowballing Their Forecasts

Recent earnings reports from a range of retailers sounded almost bipolar: The first quarter was great, but the second half won't be. In this case, they may be more concerned about spinning Wall Street's expectations than they are about a double-dip recession.

Are Investors Expecting Too Much From Retail?

Retailers post better-than-expected earnings results in the first quarter. But as they warn of risks in the second half of the year, The Street doesn't appear to be listening. Retailers will have to carefully manage expectations to avoid disappointing investors.

Nordstrom Profits Double But Miss Estimates

Nordstrom's fourth-quarter results missed Wall Street's estimates, but the upscale department-store chain isn't likely to get too many complaints since it more than doubled its profits. Management gave a conservative forecast for the year, saying it will pick up the pace of remodeling stores and stock stores carefully.

Investors Hope Department Stores Are Back in Vogue

The retail recovery is still going in fits and starts, but investors are betting that one beaten-down sector really is coming back: upscale department stores. Wall Street is expecting good news from Nordstrom, Saks and Bloomingdale's parent Macy's, which report earnings next week.

Retailers' Sales Rebounded in January

Retailers ended a rough fiscal year with better-than-expected sales in January. According to a tally of major retailers by Thomson Reuters, comparable sales at stores open at least a year rose 3.3%. That led some companies to boost their guidance for their upcoming year-end earnings reports.

Retailers' Holiday Sales Were Just Good Enough

Strong online sales, picky late shoppers and targeted discounting helped lift December retail sales above last year's totals -- but it won't be enough to put 2009 in the plus column. January's clearance sales won't be much help either; they will be shorter and more thinly stocked this year.

The devil wears Walmart

You've probably heard the story about the Lexus in the Walmart (WMT) parking lot. Or the Costco (COST) shopper stuffing the 48-roll pack of toilet...