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This holiday season, layaway is making a comeback at several large retailers. Layaway is the process of buying an item which you leave at the store and pay for over time, often with a one-time service charge but no credit check. It's not a perfect system, but here's why it beats those "no interest/no payments for X months" deals hands-down.
After a three-year search, Lou D'Ambrosio, a former technology executive, has been tapped to lead the struggling retailer.
Many of America's best-known retailers, including Walmart, Home Depot and JCPenney, will be stepping into the earnings spotlight this week. Their reports come on the heels of disappointing January retail sales numbers from the Commerce Department.
Beyond the next series of economic indicators, what really matters now is a strong holiday selling season. If it materializes, that could pole-vault the market to new highs, making 12,000 on the Dow by year-end well within reach. [Video]
Walmart (WMT) will try to pick up its holiday sales by remaining opened on Thanksgiving. Sears (SHLD) will match that.
When they write the story of the Great Recession, future historians will probably overlook the Ped Egg. That's a pity, because the device, which shaves dead skin off your feet like a cheese grater, is huge, downturn-defying success. In fact, the Ped Egg is the most successful product in the...
An improvement in sales at Kmart and cost-cutting overall helped Sears Holdings Corp. (SHLD) show better results in the third quarter. The parent of Sears and Kmart stores posted a net loss of $127 million, less than the $146 million it posted the same time last year. That translates to $1.09 per...
There is some debate about whether holiday sales will be up down or flat this year, but one thing is for sure: the annual tug of war between stores trying to entice shoppers to buy early and customers holding out for markdowns is underway. Stores have warned they've cut back inventory and they...
Perhaps the most important investment secret revealed ever: Investment in chocolate chip cookies trounces investment in the U.S. stock market. _____________________ Before the invention of the Cylon, there were, of course, the 11 chores Robots can already do for you. _____________________ My kids...
Wondering how Sears is holding up during the recession? Consider this: it logged $1 billion less in sales in this year's second quarter compared to last year's. Sears Holdings (SHLD) included several one-time earnings charges in the quarter it reported today. Once those were backed out, the...

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