Category: Retail News
Jim Cramer’s Investing Club meeting Wednesday: Microsoft, P&G, Estee Lauder
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
If Bed Bath & Beyond closes more stores, these companies could benefit the most
Bed Bath & Beyond has already closed some locations and may have to shutter even more. That could boost its competitors, according to Telsey Advis [...]
Inflation is cooling, but prices on many items are going to stay high for months
As costs fall, some companies are still locked into long-term contracts or are boosting profits rather than lowering prices. [...]
Walmart raises minimum wage as retail labor market remains tight
The nation's largest private employer is raising its minimum wage to $14 an hour for store employees. [...]
Chewy’s push into pet telehealth runs into regulatory hurdles, skeptical veterinarians
Chewy wants to grow its veterinary telehealth service, Connect With a Vet, as part of an overall push into health care. [...]
Bernstein downgrades Lululemon, warns a reset is coming for the apparel stock
Lululemon is facing a growth inflection point — and it likely doesn't bode well for investors, Bernstein warned. [...]
Hate fast fashion? You can compost this new streetwear clothing line
Unless Collective is a startup aiming to disrupt the fast fashion sector, creating a line of completely compostable clothing and footwear. [...]
M&Ms says it’s pulling its beloved ‘spokescandies’ after right-wing outrage over shoes, gender
Candy maker Mars said it is replacing its M&Ms "spokescandies" with actress Maya Rudolph after facing right-wing criticism. [...]
Cowen upgrades Skechers, says footwear stock could rally nearly 40% as brand gains momentum
The firm said the shoe is gaining preference and earnings estimates are too conservative. [...]
JPMorgan double upgrades Wayfair, says it’s time to buy the beaten-down furniture stock
The stock could rally more than 30%, the firm said. [...]