Kroger agrees to buy rival grocery company Albertsons for $24.6 billion
Kroger is the second largest grocer by market share in the United States, behind Walmart, and Albertsons is fourth, after Costco. [...]
‘Black Friday is here’: Holiday sales are already on, with record-breaking deals
Holiday sales are starting earlier this year as retailers try to unload excess inventory and entice shoppers worried about inflation. [...]
Albertsons merger with Kroger could be announced this week
Albertsons' stock jumped and was briefly halted after news that the grocery chain may get acquired by grocery giant Kroger. [...]
Walgreens beats sales expectations, as it expands its health-care business
Walgreens' profit outlook for the new fiscal year is largely in line with Wall Street's expectations. [...]
Holiday bargains will dent retail profits. How investors can avoid taking a beating
The bargain hunting for holiday shoppers started earlier than the usual as Amazon kicked off a two-day Prime Early Access Sale on Tuesday. [...]
We’re continuing to build back a position we exited at much higher levels a year ago
This small buy reflects our push to increase exposure to high-quality companies that are on sale but do not carry a lot of economic sensitivity. [...]
Nike moves to curb automated bots and resale market with penalties
Nike is taking steps to curb the proliferation of sneaker-buying bots and resellers. [...]
3 takeaways from our daily meeting: Wall Street’s bounce, small buy, reviewing analyst notes
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
What to watch for this earnings season: Inflation, consumer health, dollar strength, oil prices
Third-quarter earnings season officially gets underway this week amid a slew of macroeconomic pressures. These are the 4 factors we'll be looking at. [...]
How Amazon’s big private-label business is growing and leaving small brands to protect against knockoffs
Amazon continues to invest in private labels such as AmazonBasics, despite accusations that the company copies some of its top-selling third-party pro [...]