Category: Retail News
Alibaba’s Taobao shopping app launches AI-powered English version in Singapore, jumps to first place in Apple’s App Store
Alibaba's Taobao app topped Singapore's Apple Store charts after launching an AI-powered English version on Tuesday, boosting accessibility for users. [...]
Why we started a position tied to housing and where we see this stock going
The stock started to work again over the past few months after bond yields plunged. [...]
Three key questions that will shape whether Coach and Michael Kors owners will merge
Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust challenge of their planned mer [...]
TJX, Costco and Best Buy stocks are an embarrassment of riches
All three retailers should continue to grow. [...]
Junior Bridgeman buying stake in Milwaukee Bucks in a deal that values team at $4 billion
Former NBA player Junior Bridgeman is set to buy a 10% stake in the Milwaukee Bucks, three sources familiar with the deal said. [...]
Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
In its latest quarter, same-store sales at BurgerFi's namesake chain tumbled 13%. [...]
How retailers and media companies are teaming up to bring live shopping to the 2024 VMAs
Viewers of the 2024 MTV VMAs will be able to shop the red carpet looks they're seeing in real time with new AI technology from Paramount Global and Sh [...]
Bank stock woes hold back the overall market, but Starbucks’ new CEO is full steam ahead
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. [...]
New Starbucks CEO Brian Niccol outlines priorities to end coffee chain’s slump
Starbucks named Brian Niccol as CEO in August, trusting him to turn around the coffee chain's slumping sales. [...]
Why a Wall Street downgrade of Costco is not a reason to sell the stock
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]