Category: Retail News
TJX Companies raises full-year guidance, posts 5.6% sales gain for the most recent quarter
TJX Companies has taken market share from competitors like Macy's and Target as price-sensitive consumers look for a deal amid persistent inflation. [...]
Target CEO Brian Cornell weighs in on price gouging accusations in retail
After Democratic presidential candidate Kamala Harris outlined a plan to stop price gouging, Target CEO Brian Cornell said there's no room for the tac [...]
Macy’s cuts sales forecast as department stores struggle to draw shoppers
Macy's beat quarterly earnings expectations but it cut its sales forecast for the full year. [...]
Target will report earnings before the bell. Here’s what to expect
Sales at the cheap chic retailer Target have gotten hit as consumers buy less discretionary merchandise. [...]
JD.com leads losses in Hong Kong, falling 10% after Walmart confirms stake sale
Walmart said the decision will allow it to "focus on our strong China operations for Walmart China and Sam's Club, and deploy capital towards other pr [...]
Beyoncé launches whiskey line with LVMH’s Moët Hennessy
As Moët Hennessy expands in the American whiskey market, SirDavis also serves to honor Beyonce's heritage. [...]
Shein sues Temu over copyright infringement, alleges rival loses money on every sale
Chinese-linked fast fashion leader Shein is suing its rival Temu, alleging its rival stole its designs and trade secrets. [...]
Jim Cramer names 3 stocks to possibly sell in this very overbought market
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Jim Cramer says a double developer stock upgrade signals city real estate back
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. [...]
Harley-Davidson drops diversity efforts after online pressure
"We do not have a DEI function today," and Harley-Davidson has not since April 2024, according to the statement. [...]