Category: Retail News
We’re taking a tough loss to avoid giving back a 40% rally and plan to use the cash elsewhere
From a portfolio management perspective, we're taking advantage of this broader market strength to sell a "loser" position. [...]
Walmart shares hit all-time high, as retailer’s value focus attracts shoppers and investors
The discounter Walmart has attracted more high-income households because of inflation and investments in its stores and website. [...]
Jim Cramer’s top 10 things to watch in the stock market Friday
U.S. stocks climb higher in premarket trading Friday, as employment growth slows in October. [...]
Restaurant Brands’ revenue misses estimates, hurt by Burger King’s underperformance
Burger King parent Restaurant Brands International's quarterly revenue fell short of Wall Street's expectations. [...]
Starbucks unveils plan to add 17,000 locations by 2030, cut $3 billion in costs
The announcement marks the latest stage in the company's broader "reinvention" strategy, which was laid out by former CEO Howard Schultz. [...]
E-cigarette use declines among high school students, FDA and CDC say
E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape produc [...]
Deal-hungry shoppers will squeeze holiday sales growth to pre-pandemic levels, retail group says
NRF expects higher wages and job security to give shoppers confidence to spring for gifts and decorations. But he acknowledged challenges. [...]
A slower holiday sales season won’t be a problem for these 4 consumer companies
Holiday sales growth is expected to be sluggish this year, but these Club stocks should still do well given the value they offer customers. [...]
Amazon to unveil buy now, pay later option from Affirm for small business owners
Amazon is rolling out its first buy now, pay later checkout option for small business owners via fintech player Affirm, CNBC has learned. [...]
Target CEO says shoppers are pulling back, even on groceries
Target is doubling down on its cautious outlook as it prepares for the holiday shopping season. [...]