Category: Retail News
We’re adding more shares of this premier coffee giant, buying the dip since earnings
The reported quarter wasn't bad, but expectations were low. [...]
As mega cap tech stocks climb higher, we’re watching this ‘retail margin story’
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Foot Locker shares plunge more than 30% as it slashes guidance and blames ‘consumer softness’
Athletic apparel retailer Foot Locker reported another quarterly sales decline and missed revenue expectations as consumers continue to pull back from [...]
Peloton shares drop 20% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
Peloton's shares plunged 20% after the company posted a wider-than-expected loss and churn that it blamed on its Bike seat recall and seasonality. [...]
Abercrombie & Fitch shares soar more than 15% as retailer blows past earnings estimates, raises guidance
Abercrombie & Fitch has posted strong sales, even as other retailers see a weaker and choosier consumer. [...]
Bank of America downgrades Dick’s Sporting Goods after worst day on record
The firm cited headwinds and margin pressure ahead for the athletic retail company, on the back of its latest quarterly results. [...]
Starbucks adds third pumpkin drink to fall menu as chain celebrates 20 years of the pumpkin spice latte
This fall marks the 20th anniversary of the coffee chain's iconic pumpkin spice latte. [...]
Here are 6 stocks dominating the AI trade and 3 more that stand to benefit down the road
We surveyed the current artificial intelligence landscape — and with the help of a Goldman Sachs note, explored the AI trade after the trade. [...]
UPS workers approve massive new labor deal with big raises
The agreement is the largest collective bargaining agreement at a private-sector employer based on number of workers. [...]
Recalled baby products sold on Facebook draw the ire of powerful committee in Congress
The House Energy and Commerce Committee sent letters to over a dozen online retailers for details on compliance with consumer product safety standards [...]