Category: Retail News
Walmart and Home Depot are getting ready for a consumer slowdown
Walmart and Home Depot gave full-year outlooks that disappointed some investors, as shoppers contend with inflation. [...]
Home Depot says it will spend $1 billion to give hourly workers a raise
Home Depot is the latest retailer to signal that the labor market is still tight. [...]
Home Depot misses on revenue, issues muted outlook
Home Depot has remained resilient despite inflation and a shift in consumer spending habits. [...]
Walmart will report holiday-quarter earnings before the bell — here’s what to expect
Walmart will likely share its outlook for the year ahead, too. [...]
Covid’s ‘legacy of weirdness’: Layoffs spread, but some employers can’t hire fast enough
Retail sales and other economic data has been positive, despite inflation and rising interest rates. [...]
Scoring the best deals on Presidents’ Day holiday sales: 3 smart money moves to make as you shop
Amid ongoing high-inflation, consider these three strategies to help save money while you shop for holiday sales this President's Day. [...]
Inside Peloton’s rapid rise and bitter fall — and its attempt at a comeback
Peloton used to be the toast of Wall Street. Now, under CEO Barry McCarthy, it's a year into an aggressive turnaround that has altered the company's i [...]
Retailers could face cost cuts and slower sales this year
Walmart and other retailers are expected strike a more cautious tone and share more conservative outlooks for the year ahead. [...]
Citi says buy 3 stocks tied to the consumer for the same reasons we own them
Citi is bullish on Club holdings Estee Lauder (EL), Constellation Brands (STZ) and Procter & Gamble (PG). [...]
DraftKings stock surges after sports-betting company boosts outlook
DraftKings jumped after the sports betting company reported stronger than expected revenue and raised its outlook. [...]