Category: Retail News
Peloton shares rise 11% as turnaround plan takes hold, losses shrink
Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its balan [...]
Amazon’s cloud unit may need to pass the profit growth baton to e-commerce
Amazon's retail business has "big shoes to fill," according to one Wall Street research firm. [...]
We’re raising our price target on TJX after it delivered for bargain-hunters and investors
The stock was jumping around 6% and on pace for a record close Wednesday. [...]
Here’s why we’re holding a bit more cash than normal
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Jim Cramer says Toll Brothers can benefit from shortage of $1 million new homes
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. [...]
As strength training gets more popular, Peloton and Planet Fitness shift focus
With more women and young people opting for weights at the gym, both Peloton and Planet Fitness are expanding investments in strength over cardio. [...]
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. [...]