Walmart’s chief merchandising officer to depart as retailer navigates tough sales environment
Redfield oversaw relationships with suppliers and the company's strategy across categories from food to general merchandise. [...]
Buy this retailer because of the warmer Northeast weather and its lawn & garden exposure, Wells Fargo says
The stage is set for an earlier spring in the Northeast, and this home improvement retailer could be "a 'sneaky' long," Wells Fargo says. [...]
Club meeting recap: Jim Cramer says Wells Fargo is a buy following a first-quarter earnings beat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
Early steps to improve operations and jazz up Burger King marketing are already boosting sales and customer satisfaction. [...]
Walmart sells Bonobos to WHP Global and Express in $75 million deal
Walmart has agreed to sell Bonobos to WHP Global and Express for $75 million after purchasing the DTC brand for $310 million in 2017. [...]
Washington Commanders near a deal to sell to 76ers owner for around $6 billion
The deal would represent a record price for a North American sports franchise. [...]
A flurry of news outside the portfolio has implications for 3 of our stocks
Any investor who wants to stay up-to-date needs to follow the news around the other major companies in the sector in which they're invested. [...]
Amazon CEO Andy Jassy needs to take a page out of Mark Zuckerberg’s cost-cutting playbook at Meta
We’re not as optimistic as Andy Jassy on Amazon’s future growth prospects if it doesn’t further cut costs. [...]
Demand for luxury watches shows no sign of fading, says Audemars Piguet CEO
The luxury watch market has seen soaring secondary market prices, boosted by new demand from younger generations. [...]
Rent the Runway’s losses narrow as company edges closer to profitability
Rent the Runway is edging closer to profitability after cutting costs and changing its subscription model to improve its value proposition. [...]