Category: Retail News
Wells Fargo downgrades this athletic wear stock, cites 3 major headwinds
The bank downgraded shares of the athletic clothing company to equal weight from overweight Friday. [...]
How our retail stocks are battling a rise in theft — and why they are set up to win
First-quarter results revealed theft was a ding to profits at many retailers. Here's a look at how our holdings are dealing with the headwind. [...]
Flavored e-cigarette sales are booming despite federal crackdown
Disposable e-cigarettes, which have circumvented FDA restrictions, now comprise more than half the vaping market. [...]
Retailers Shein and Temu violate U.S. tariff law and evade human rights reviews on imports, House reports says
The violations enable the companies to avoid tariffs and human rights reviews on some shipments, lawmakers say. [...]
Amazon Prime Day is coming up. Here’s how to snag the best deals
Amazon Prime Day kicks off July 11 with deep discounts on Amazon's own devices as well as brands like Peloton, Victoria’s Secret, Yeti and Sony. [...]
Ocado shares jump more than 40% on speculation of Amazon takeover
The report suggests that big technology players could be weighing up their options with regards to Ocado and picks out Amazon as a potentially interes [...]
Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales
Darden's Olive Garden had a weaker-than-expected quarter, but LongHorn Steakhouse reported strong same-store sales growth. [...]
Boycotts rarely work — but anti-LGBTQ+ backlash is forcing companies into tough choices
The boycott of Bud Light is having a major effect on its sales, while the wave of anti-LGBTQ+ backlash is also affecting Target and Starbucks. [...]
Overstock.com wins auction for Bed Bath & Beyond’s intellectual property, digital assets
E-commerce discounter Overstock.com will buy Bed Bath & Beyond's intellectual property and digital assets for $21.5 million. [...]
Navigating the Shift to Digital Retail: A Business Roadmap
Explore strategies for successful digital retail transformation & unlock the potential of e-commerce with our comprehensive business roadmap. [...]