Category: Retail News
These 3 retail stocks are set up to win this back-to-school shopping season
Wall Street expects lackluster spending heading into this new school year — an environment that plays to the strengths of some retailers. [...]
Cramer says Walmart’s strong quarter may not be indicative of consumers as a whole
CNBC's Jim Cramer reviewed Walmart's quarter, suggesting its strong results are due to its strategy and might not broadly reflect the consumer economy [...]
Walmart says prices are coming down — except in one key area
Walmart said inflation was flat in its latest quarter, and revenue growth came from selling more units rather than from higher prices. [...]
TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold
After two years, Brinker International's turnaround of Chili's looks like it's taking hold, as the chain benefits from higher fast-food prices. [...]
Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. [...]
Starbucks and new CEO Brian Niccol, a perfect match? Why we’re holding the stock to find out
Niccol, who is coming from Chipotle, is up to the task of tackling the unique issues that have plagued Starbucks and stock. [...]
Walmart reports its earnings before the bell. Here’s what to expect
Walmart will report its quarterly earnings as economists and investors seek clarity about the consumer and the economy. [...]
Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock for leaving Chipotle
Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle. [...]
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn't foll [...]
Designer ‘dupes’ go mainstream as shoppers choose affordability over luxury. ‘It just makes more financial sense,’ expert says
More shoppers are buying dupes on TikTok Shop and other ecommerce platforms as a way to participate in a trend without breaking the bank. [...]