Category: Retail News
Anheuser-Busch says U.S. marketing head is leaving
U.S. marketing chief Benoit Garbe is leaving at the end of a year that saw Bud Light lose its sales title to Modelo Especial, capping a long slump for [...]
Cramer says TJX Companies, Palo Alto Networks are buys at current levels
The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET. [...]
Mom and pop shops are cutting software spending, creating jitters on Wall Street
Software vendors that serve small and medium-sized businesses have gotten hammered by investors recently due to concerning forecasts [...]
Macy’s stock pops 10% as inventory, margin improvement help profit beat estimates
Macy's earnings easily topped Wall Street's expectations. [...]
Starbucks workers file more labor complaints with NYC as union goes on largest-ever strike
Baristas at more than 200 Starbucks locations are striking on Red Cup Day, a busy promotion for the coffee chain. [...]
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. [...]