Category: Retail News
In the college athlete pay era, women are emerging as big winners
The Nike NIL deal with NCAA college and high school basketball players shows the rising role of female student-athletes in the new era of endorsement [...]
Even as inflation bites, consumers are still turning to Amazon
New signs of rising inflation likely mean more pain for retail stocks, but club holding Amazon (AMZN) is consumers' most preferred online shopping pla [...]
Kroger has to win over Wall Street and Washington on its Albertsons deal – here’s how it plans to do that
Kroger and Albertsons must persuade federal regulators, investors and shoppers that the deal is beneficial. [...]
3 takeaways from our daily meeting: New market leaders, banks report, Club stocks next week
The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET. [...]
Consumer spending was flat in September and below expectations as inflation takes toll
Retail and food services sales in total were little changed for the month after rising 0.4% in August. [...]
Kroger agrees to buy rival grocery company Albertsons for $24.6 billion
Kroger is the second largest grocer by market share in the United States, behind Walmart, and Albertsons is fourth, after Costco. [...]
‘Black Friday is here’: Holiday sales are already on, with record-breaking deals
Holiday sales are starting earlier this year as retailers try to unload excess inventory and entice shoppers worried about inflation. [...]
Albertsons merger with Kroger could be announced this week
Albertsons' stock jumped and was briefly halted after news that the grocery chain may get acquired by grocery giant Kroger. [...]
Walgreens beats sales expectations, as it expands its health-care business
Walgreens' profit outlook for the new fiscal year is largely in line with Wall Street's expectations. [...]
Holiday bargains will dent retail profits. How investors can avoid taking a beating
The bargain hunting for holiday shoppers started earlier than the usual as Amazon kicked off a two-day Prime Early Access Sale on Tuesday. [...]