Category: Retail News
3 takeaways from our daily meeting: Stocks under pressure, buying JNJ, AMD’s ugly preannouncement
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Overseas shipping costs are plummeting for retailers. The retail stocks that will benefit
Shipping costs are falling quickly, and Oppenheimer thinks some retailers can greatly benefit from it. [...]
‘The month of unprecedented deals’ — From Amazon to Target, here’s what you need to know about the early holiday sales going on now
Retailers are kicking off a slew of holiday deals earlier than ever before. Here's a rundown of some of sales events happening now. [...]
Cannabis company Canopy applauds Biden’s marijuana pardons as stock surges
Canopy Growth Corporation shares jumped 22% following President Biden's announcement that he will pardon thousands of people convicted of marijuana po [...]
Wall Street praises Costco as ‘best-in-class’ retailer following strong September sales
Wall Street responded favorably to Club holding Costco's (COST) September sales figures, proving yet again why the company is the Club's top retail pi [...]
Adidas says its relationship with Kanye West is under review
West partnered with Adidas in 2013 to manufacture and distribute items from his Yeezy clothing line. He's recently been publicly critical of the compa [...]
French court slashes Apple antitrust fine in blow to European regulators
A French court lowered a record 1.1 billion antitrust fine on Apple to 371.6 million euros, roughly a third the value of the original penalty. [...]
3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track
The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET. [...]
Gun industry faces a new wave of lawsuits that could reshape how firearms are sold
The gun industry has broad legal immunity from the fallout of mass shootings. Experts say plaintiffs in new lawsuits face an uphill battle. [...]
Peloton CEO says company has 6 months to show it can survive, 500 job cuts coming, report says
Peloton has six months to show it can survive as a standalone company, CEO Barry McCarthy said, according to a report. [...]