Category: Retail News
JMP says this e-commerce stock could surge 45% as it continues to take market share
JMP Group upgraded Shopify shares to market outperform, while noting that the company should engage in greater expense discipline. [...]
Michael Jordan’s ‘Last Dance’ shoes just became the most expensive sneakers ever sold
Michael Jordan's shoes from the 'Last Dance' have set a new record for sneaker prices. [...]
Walmart to close four underperforming Chicago stores
Walmart locations in the Kenwood, Lakeview, Little Village and Chatham neighborhoods of Chicago will close April 16. [...]
Walmart chases higher profits powered by warehouse robots and automated claws
The big-box retailer is adding automation to more of its distribution centers, fulfillment centers and stores. [...]
Chipotle unveils sustainable-restaurant design as it aims to cut carbon footprint in half by 2030
Next year, more than 100 of the burrito chain's new locations will use all-electric equipment and some additional elements from the new design. [...]
Costco’s weaker sales offer a buying opportunity for investors
Costco Wholesale's (COST) weak March sales and subsequent drop in its stock price late last week offer an opportunity to buy shares of the retailer on [...]
Blocked emergency exits and ‘dangerous’ fire hazards: Dollar General again found in violation of federal workplace safety standards
Discount retailer Dollar General, which has been fined $15 million for safety violations since 2017, was penalized for fire hazards at a Pennsylvania [...]
Sweetgreen renames menu item after Chipotle sues for trademark infringement
The name change is part of a tentative agreement to resolve Chipotle's lawsuit against Sweetgreen. [...]
Starbucks customers are complaining about stomach issues from new olive oil-infused coffee
One customer described the Oleato beverage line as a "legit laxative." [...]
Club meeting recap: We’re sticking with Costco, despite weak monthly sales
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]