Category: Retail News
Burberry shares sink 9% as luxury spending slowdown bites
Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of [...]
Walmart will report earnings before the bell. Here’s what to expect
The discounter has fared better than other retailers because of its low-price reputation and big grocery business. [...]
Target CEO says he’s pleased with the progress that’s been made against retail theft
Target CEO Brian Cornell said the company has been upfront about its problems with theft in order to advocate for government reforms for the industry. [...]
Off-price retailer TJX delivers another earnings beat, making its stock a buy
TJX Companies reported better-than-expected fiscal year 2024 third-quarter results on Wednesday, while again raising its outlook for the full fiscal y [...]
Target’s new favorite buzzword is ‘value’
Target is riffing off the playbook of rivals like Walmart this holiday shopping season. [...]
Target CEO claims customers are saying ‘a big thank you’ for locking up merchandise
Target CEO Brian Cornell spoke about the retailer's moves to lock up items as it reported better-than-expected earnings for the fiscal third quarter. [...]
Red Bull’s F1 dominance is translating to higher energy drink sales, team’s principal says
Red Bull has won 19 of the 20 Grand Prix weekends so far this season, led by world champion driver Max Verstappen. [...]
Here are our top 5 performing stocks from October to Wednesday’s Monthly Meeting
Since the Investing Club's October Monthly Meeting, the stock market has been moving higher. [...]
TJX Companies raises guidance again, says it expects a strong holiday as shoppers hunt for deals
TJX Companies raised its full year guidance again and said it's expecting a strong holiday as inflation-weary consumers continue to flock to its store [...]
Thanksgiving dinner will be cheaper this year thanks to lower turkey costs, survey shows
While Thanksgiving food costs less than it did a year ago, it's still much more expensive than it was before the pandemic. [...]