Category: Retail News
Adidas will sell existing Yeezy items, donate some revenues
Adidas ended its partnership with Ye, formerly known as Kanye West, after he made a string of hateful and antisemitic remarks. [...]
Here’s why Jim Cramer is sticking with Foot Locker despite terrible quarter and big stock drop
When starting a position in Foot Locker in March, we knew the company would not be fixed quickly. But we still believe it can be fixed. [...]
Five takeaways about the consumer from Walmart, other retailers after a big week of earnings
Walmart, Home Depot and Target offered up the latest clues about the health of the American consumer — and previewed what could be ahead for the econo [...]
Cramer didn’t expect Foot Locker’s results to be this bad — but turnarounds take time
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Foot Locker shares drop 25% after big earnings miss, lower guidance
Foot Locker shares plunged 25% in premarket trading Friday after the company missed earnings expectations and cut its guidance. [...]
Jim Cramer tells young investors which ‘junior’ growth stocks to keep an eye on
CNBC's Jim Cramer gave young investors the low down on new companies that may be higher-risk, but have serious potential for higher-reward. [...]
Bowlero executive publicly comments on discrimination probe for first time as bowling alley chain continues torrid growth
Bowlero's executives have never spoken publicly about the federal discrimination probe its facing, but they were forced to address it during an earnin [...]
2 of our consumer stocks are in the headlines. Here’s what we think about the news
Constellation Brands (STZ) and Procter & Gamble (PG) were the subjects of Wall Street scrutiny Thursday. [...]
Peloton will offer safety guard for recalled Tread+ treadmill
Customers who own Peloton Tread+ treadmills can apply for a safety guard and get it installed. [...]
Here’s why retailers are staying upbeat about the year despite cautious views on this quarter
For now, retailers like Walmart and Target aren't throwing in the towel for the second half. [...]