Category: Retail News
Beyond Meat to launch new steak alternative as it focuses on health
Shares of Beyond Meat have lost a third of their value this year, dragging its market value down to less than $400 million. [...]
We’re starting a position in another stock that should see a lift from Fed rate cuts
We're starting the position on the smaller side, leaving room for us to take advantage of any September volatility that may occur. [...]
Molson Coors pumps the brakes on DEI practices
Molson Coors is joining a growing list of companies bidding farewell to DEI practices like supplier quotas and DEI-based training programs. [...]
British luxury icon Burberry falls out of financial fashion with FTSE relegation
British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 amid mounting pressure on the 168-year-old retailer. [...]
Dollar Tree shares slide after discounter cuts full-year forecast
Dollar stores, in particular, have felt pinched as their core customer make tradeoffs after a prolonged period of pricier food and everyday costs. [...]
Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election
Theft at Dick's Sporting Goods had previously impacted its profits but the company now appears to be past those issues. [...]
TJ Maxx’s owner is bringing its secret sauce to new parts of the world — with a twist
TJX Companies announced a pair of international endeavors this summer, with hopes its "secret sauce" can sweeten the investments. [...]
Steph Curry says he wants to be an NBA owner in the future
Golden State Warriors superstar Steph Curry spoke to CNBC about his plans for after his NBA career. [...]
NFL season expected to spur record $35 billion in legal sports wagers
Licensed sportsbooks like DraftKings, FanDuel and ESPN Bet are working to claim a bigger share of the action. [...]
‘Golden era’ for Hong Kong retail is over as Chinese tourists continue to tighten their purse strings
Real estate analysts claimed that the shopping frenzy the city once experienced will not return "for a long, long time." [...]