Category: Retail News
Jim Cramer’s Investing Club meeting Monday: Buying opportunities, Starbucks, Nvidia
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Foot Locker touts ‘renewed’ Nike relationship as it reports slide in holiday-quarter profit
Foot Locker touted a 'renewed' relationship with Nike after the sneaker maker moved away from wholesalers for its direct to consumer channels. [...]
New Starbucks CEO Laxman Narasimhan takes over nearly two weeks earlier than expected
Starbucks' board announced Laxman Narasimhan as Howard Schultz's latest successor in September. [...]
America’s biggest companies say retail crime is an epidemic, but just how big of a problem is it?
Retailers and trade groups say organized retail crime has been on the rise, but the problem is far murkier than they've made it seem. [...]
Amazon sued for not telling New York store customers about facial recognition
Thanks to a 2021 law, New York is the only major American city to require businesses to post signs letting customers know they’re tracking biometric i [...]
Retailers see a tough year ahead, so they’re rolling out the recession playbook
Retailers including Target, Macy's and Kroger previewed their strategies for a slowdown in recent earnings reports. [...]
The Club’s recession-resistant retail stocks won’t be hurt by a ‘more reluctant’ U.S. consumer
American shoppers dramatically reined in spending in February compared with the start of the year, amid persistently high inflation. [...]
Unfairly swept up in Wednesday’s sell-off, these stocks now look more attractive
On market days like Wednesday, the Club is considering the impact that concerns about Credit Suisse's health have on our holdings. [...]
Zipline unveils P2 delivery drones that dock and recharge autonomously
Logistics startup Zipline wants to make deliveries by drone a sustainable, everyday convenience in the U.S. [...]
Kellogg’s snacking unit, which includes Cheez-It and Pringles, gets a new name: Kellanova
Kellanova, which will include brands like Pringles and Cheez-Its, will retain the "K" stock ticker currently used by Kellogg. [...]