Category: Retail News
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. [...]
We’re buying more shares of this retailer as stocks point to an ugly open
When a sell-off in the futures market brings down the prices of everything, we like to separate what deserves to be down from what doesn't. [...]
Here’s how we navigated three sessions of SVB-sparked chaos and Tuesday’s bounce
We sought to be discerning with our Club portfolio and, eventually, opportunistic in stocks that we felt unreasonably sank. [...]
Tyson Foods to lay off 1,700 workers, close two chicken plants
In its latest quarter, Tyson said its chicken business underperformed expectations. [...]
Michael Jordan’s ‘Last Dance’ sneakers are going up for auction
The Air Jordans are expected to be the most expensive pair of sneakers ever to appear at auction, estimated to sell for between $2 million and $4 mill [...]
Etsy warns sellers of delay in processing payments due to Silicon Valley Bank collapse
One affected Etsy seller told NBC News the deposits delay would have a “catastrophic” effect on his business. [...]