Category: Retail News
Home Depot just forecast weak consumer demand — here’s what that could mean for the rest of the economy
The broader-market implications of Tuesday morning's post-earnings stock move for Home Depot are going to be significant. [...]
Home Depot posts worst revenue miss in about 20 years, lowers forecast as consumers delay big projects
The home improvement retailer said customers are taking on smaller projects and skipping big-ticket purchases, such as patio sets and grills. [...]
Amazon is focusing on using A.I. to get stuff delivered to you faster
Amazon aims to use artificial intelligence to speed up deliveries — by minimizing the distance between its products and customers, a top executive tol [...]
China’s recovery lifts U.S. companies’ sales as domestic consumers pull back spending
Many U.S. companies said China's recovery helped their quarterly sales, but demand hasn't snapped back as quickly as expected for some. [...]
Shifting to life post-Covid: How remote work transformed this city in the Midwest
Lansing, Michigan is one example of how downtowns have attempted to move away from office-centric economies. [...]
Wall Street downgrades Club names Disney and Estee Lauder. Here’s our view
Two firms issued bearish calls on Club holdings Walt Disney (DIS) and Estee Lauder (EL) late this week. [...]
Jim Cramer says off-price retailer TJX could be ‘eating the carcass’ of Bed Bath & Beyond
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Deutsche Bank gives its top pick into the big retail earnings next week
Retail earnings get underway next week and for Deutsche Bank, this name stands out as its top pick. [...]
Nordstrom wants off-price chain Rack to lead it out of sales slump
The department store operator is opening 20 Nordstrom Rack stores and zeroing in on best-selling brands. [...]
Adidas will sell some leftover Yeezy inventory instead of burning it, CEO says
Instead of burning excess Yeezy inventory, Adidas plans to sell some of it and donate the money to charity. [...]