Category: Retail News
Buy this ‘recession-resistant’ auto retail stock, Citi says
The bank upgraded the auto parts retailer to buy and raised its price target to $1,040 per share from $983. [...]
Popeyes overtakes KFC as No. 2 chicken chain, but Chick-fil-A stays on top
Both Popeyes and KFC have lost market share to Chick-fil-A over the past year, according to Barclays research. [...]
Clorox says sales and profit took a big hit from cyberattack
Clorox, which makes its namesake bleach products and Pine-Sol, disclosed the cyberattack in August. [...]
Incoming Macy’s CEO calls Bloomingdale’s brand a ‘growth vehicle’ for the company
Incoming Macy's CEO Tony Spring and current CEO Jeff Gennette told CNBC's Jim Cramer about the strength of their brands, including high-end Bloomingda [...]
We’re adding to our position in this coffeemaker on a pullback, while expanding the Club’s bullpen
Following the recent weakness in U.S. equities markets, the S&P 500 is now the most oversold it's been since March. [...]
Here’s why Jim Cramer sees opportunity in the troubled stock of spice maker McCormick
McCormick (MKC) is increasingly becoming an attractive investment opportunity, CNBC's Jim Cramer said Tuesday. [...]
Macy’s will open up to 30 stores, as department store looks to strip malls as key part of its future
The department store operator's off-mall expansion is one of its key growth strategies. [...]
Chipotle tests automation for burrito bowls and salads
Chipotle Mexican Grill is testing a robot made with Hyphen technology that can assemble burrito bowls and salads. [...]
Oddity Tech expects revenue growth up to 31%, according to preliminary third-quarter results
Il Makiage and Spoiled Child parent company Oddity Tech started trading on the Nasdaq in July and has seen shares fall by about 50%. [...]
Kellogg’s cereal business begins trading as standalone company WK Kellogg
As part of the separation, Kellogg has been renamed Kellanova but is still trading under the ticker "K." [...]