Category: Retail News
Roku will sell its first company-made smart TVs exclusively at Best Buy
Roku said it will sell its first company-made smart TVs exclusively at Best Buy and its website. [...]
Jefferies double downgrades Etsy, sees stock tumbling 25% as consumer spending slows
Etsy is having to spend more on marketing as the buyer churn rate goes up, the Wall Street firm said. [...]
Oklahoma Republican tells Teamsters president ‘shut your mouth’ in terse exchange at Senate hearing
The tense back-and-forth between O'Brien and Sen. Markwayne Mullin, R-Okla., escalated into a screaming match. [...]
Jim Cramer’s Investing Club meeting Wednesday: Stick with stocks, Costco, P&G
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
Adidas on Wednesday reported a substantial fourth-quarter loss and slashed its dividend, following the costly termination of its partnership with Kany [...]
Global brands look to boost media investment in women’s sports through a new partnership, The Women’s Sports Club
Global brands such as Nike, Coca-Cola and Delta are coming together to elevate investment in women's sports. [...]
WeightWatchers stock surges 70% after company agrees to buy obesity treatment platform
WeightWatchers has agreed to acquire telehealth obesity treatment company Sequence. [...]
Dick’s Sporting Goods smashes same-store sales expectations for holiday quarter
Dick's Sporting Goods same-store sales increased 5.3% in the fourth quarter, more than double analyst's estimates of 2.1%. [...]
Best Buy will set up in-home hospital care through a new deal with Atrium Health
The retailer is expanding its health-care business as sales of other consumer electronics slow. [...]
Lego sales leap 17% as fans buy bigger, more complicated sets
Lego sales rose as customers bought bigger, more complicated sets such as those from the Harry Potter and Star Wars lines. [...]