Category: Retail News
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. [...]
Lowe’s cuts full-year outlook as it expects home improvement sales to weaken
Lowe's said customers took on fewer discretionary home projects and unfavorable weather hurt sales of outdoor and seasonal items. [...]
California cracks down on organized retail crime with new package of laws
Retailers have called on governments to do more to combat retail theft, citing it as a growing challenge that's impacted profits, customers and staff. [...]
Some families expect to go into debt shopping for back to school, reports find. High prices are partly to blame
With back-to-school shopping in full swing, up to one-third of families say buying supplies for the new year will put them into debt. [...]
Jim Cramer questions an up-and-coming coffee chain’s strategy and looks at 2 more stock movers
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. [...]