Category: Retail News
Secondhand resale is getting cutthroat as platforms like Depop and Poshmark boom
The consumer culture on indie reselling platforms has shifted as more sellers compete to capture demand and more inflation-weary customers hunt for de [...]
Club meeting recap: Cramer says investors should find safety in defensive stocks like Costco
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Can Costco maintain its edge over Sam’s Club?
Sam's Club is betting that investments in robotics and technology can help it better engage with budget-conscious shoppers and take on its competitors [...]
Apple, Ford and Estee Lauder are in the news Thursday. Here are our takes
Apple, Ford and Estee Lauder made headlines Thursday. Here's our take on the news. [...]
N.J. deli stock fraud defendant renounced U.S. citizenship, prosecutors seek detention
Three men, including Peter Coker Jr. and his dad, are accused of pumping up the stock price of a New Jersey deli-owning company once valued at $100 mi [...]
Chewy and Petco earnings make it clear: Pet health care is their future
Chewy and Petco have bet big on pet health care, which could be the key to long-term success. [...]
Walmart lays off hundreds of workers at e-commerce facilities
Walmart joins a growing list of retailers, including Amazon and Target, that are cutting costs. [...]
Starbucks CEO says he’ll work a shift at the company’s cafes once a month
New Starbucks CEO Laxman Narasimhan plans to work a shift once a month at the company's cafes. [...]
Olive Garden parent raises revenue outlook as same-store sales jump
Darden's same-store sales grew 11.7% across all of its brands, which include chains like Olive Garden, LongHorn Steakhouse and The Capital Grille. [...]
Starbucks shareholders to vote on proposals for labor probe, succession planning
New Starbucks CEO Laxman Narasimhan will lead the company's shareholder meeting just days after his transition to the role. [...]