Category: Retail News
CVS Health raises outlook as third quarter results beat estimates
CVS Health beat Wall Street's expectations in its third quarter earnings report. The company also announced an opioid settlement. [...]
Bullish on Estee Lauder, Starbucks, even as China set to hold back earnings
China's strict zero-Covid policy is a temporary overhang for Club holdings Starbucks (SBUX) and Estee Lauder (EL) that could weigh on earnings this we [...]
A ‘resale revolution’: Affluent shoppers embrace secondhand shopping
The resale business is now growing twice as fast as the broader retail market, helped, in part, by a surge of affluent shoppers. [...]
British online furniture seller Made.com suspends trading amid last-ditch rescue talks
The company, which listed in 2021, has suffered from consumers cutting back on big ticket items. [...]
3 takeaways from our daily meeting: Retail stocks, trimming positions, Qualcomm and Wynn
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon
ByteDance has launched a fashion website called If Yooou while Pinduoduo started an e-commerce site called Temu, selling items from electronics to clo [...]
3 takeaways from our daily meeting: Looking for new stocks, 2 trades, earnings recap
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Workers at NYC Starbucks and Amazon Go store file petition to unionize
Workers at the Starbucks and Amazon Go store in midtown Manhattan filed a petition for a union election on Friday. [...]
Mattress Mack’s $10 million bets on the World Series could net him a record $75 million
Mattress Mack, aka Jim McIngvale, has bet $10 million on the Houston Astros to win the World Series. [...]