Category: Retail News

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Kohl’s CEO Michelle Gass to step down, join Levi Strauss as CEO in waiting

The retailer has been under pressure and was the target of a failed acquisition bid. [...]

Major League Pickleball’s newest team owner is Anheuser-Busch

Beer giant Anheuser-Busch is getting in on the pickleball craze as an owner of a Major League Pickleball team. [...]

We’re increasing price targets on 3 of our stocks, including 2 crushing the boarder market

Following our price target changes on eight Club holdings last month, we're updating three more Tuesday. [...]

Wells Fargo’s downgrade of Costco underappreciates the retailer’s value

Wells Fargo downgraded Club holding Costco (COST) in a rare move Monday, citing "brewing headwinds" to the wholesale retailer's growth momentum. [...]

Here’s what we’ve learned about the health of the consumer this earnings season

A slate of earnings reports in recent weeks show consumers are tightening their belts and prioritizing essential purchases. [...]

Tyson CFO, also the chairman’s son, arrested for public intoxication, trespassing

Tyson Foods CFO John Tyson was arrested early Sunday after allegedly becoming intoxicated and falling asleep in the wrong house. [...]

Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter

Jim "Mattress Mack" McIngvale placed $10 million on his beloved Houston Astros to win this year's World Series, across several wagers. [...]

3 takeaways from our daily meeting: Industrials strong, potential midterm winners, Apple warning

Takeaways from the CNBC Investing Club's "Morning Meeting" on Monday, as Jim Cramer discusses the latest market moves and his thoughts on the midterm [...]

Sweetgreen is launching its first national dessert — a ‘healthy’ take on the Rice Krispies Treat

Sweetgreen worked with pastry chef Malcolm Livingston II to create the Crispy Rice Treat. [...]
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