Category: Retail News
Peloton posts mixed holiday results, dismal quarterly guidance
Peloton has made some progress in its turnaround plan, but the fitness company is expecting more dark days ahead after failing to reach a number of go [...]
Clothing brands failing to eradicate forced labor risk in supply chains, research finds
Many of the world's major fashion brands are failing to combat forced labor in their supply chains, according to a new report. [...]
Adidas won’t write off remaining Yeezy inventory, plans to sell ‘at least’ at cost
Adidas won't write off the majority of its unsold Yeezy inventory after its breakup with Ye, the rapper formerly known as Kanye West, over antisemitis [...]
Jim Cramer puts his faith in Starbucks CEO Laxman Narasimhan’s ability to turn things around
Investors should not get too excited in the short term since the turnaround of the coffee giant will take some more time, Jim Cramer added. [...]
Here are Jim Cramer’s rapid-fire takeaways on 6 stocks in the news Wednesday
UPS, Walmart, GM, Boeing, Novo Nordisk and Tesla are making headlines. Jim Cramer looks at each one. [...]
PGA Tour secures up to $3 billion from U.S. investors as LIV Golf merger hangs in the balance
Strategic Sports Group's investment in the PGA Tour comes as the professional golf organization's merger with the Saudi-backed LIV Golf is up in the a [...]
Walmart plans to add more than 150 large-format stores across the U.S.
Walmart already has a massive footprint, with more than 4,600 stores across the country. [...]
Starbucks’ earnings report was weak — but Wall Street expected worse
Starbucks executives said the challenges faced by the company are "transitory." [...]
Walmart announces 3-for-1 stock split as shares hover below all-time high
Walmart's shares hit their all-time high last year. [...]
Starbucks earnings disappoint as sales outside the U.S. lag
Starbucks stock has fallen 13% over the past year as investors worry about U.S. traffic and sales in China. [...]