Category: Retail News
A bad downgrade from UBS provides a buying opportunity for this turnaround play
Part of call from UBS is related to a higher conviction in a consumer spending slowdown. [...]
Macy’s CEO Jeff Gennette, who’s led the company’s turnaround effort, will retire next year
Macy's said Bloomingdale's CEO Tony Spring will succeed Jeff Gennette in February. [...]
IHOP overhauls its menu: Cinn-A-Stack pancakes are back, savory crepes are in
IHOP is bringing back old favorites and unveiling new items as part of a menu overhaul. [...]
Bernie Sanders set to grill ex-Starbucks CEO Howard Schultz about alleged union busting
Starbucks Workers United has filed more than 500 complaints of unfair labor practices against the coffee chain. [...]
Lululemon shares jump as holiday-quarter sales surge
Lululemon's quarterly results beat Wall Street's expectations, sending shares higher. [...]
Dollar General in settlement talks over workplace safety violations, federal agency says
Dollar General is one of the Labor Department’s “severe violators” with regards to workplace safety conditions. [...]
Walmart sued by EEOC for firing deli worker with Crohn’s disease
The U.S. sued Walmart Monday for firing a North Carolina employee with Crohn's disease after allegedly refusing to grant her disability-related leave. [...]
Here are the Club’s 7 ‘safety stocks’ for a volatile economic environment
Jim Cramer provides his thoughts on the most recession-resistant stocks in our portfolio. [...]
Walgreens revenue rises despite sharp decline in demand for Covid tests, vaccines
Walgreens' quarterly results topped Wall Street's expectations, even as profit declined from a year earlier. [...]
Alibaba founder Jack Ma back in China after months abroad in sign Beijing may be warming to tech
Alibaba founder Jack Ma has been spotted in China in a potential sign that Beijing is warming to technology giants again after a crackdown on the sect [...]