Category: Retail News
CNBC Daily Open: Markets took a beating — and there may be worse ahead
Stocks had their worst day in three months, with all major indexes losing at least 2%. The bottom may not be in as inflation remains stubborn. [...]
Starbucks is launching olive oil-infused coffee in Italy, plans U.S. release this spring
CEO Howard Schultz teased the release on Starbucks' earnings call, calling it "alchemy" and a "game-changer." [...]
The wedding boom is winding down but inflation is still driving up the cost to say ‘I do’
The average cost of a 2023 wedding is expected to be $29,000 as vendors say inflation is forcing them to raise their prices, according to data from Zo [...]
Jim Cramer’s Investing Club meeting Tuesday: TJX, oil, Club donation
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Walmart and Home Depot are getting ready for a consumer slowdown
Walmart and Home Depot gave full-year outlooks that disappointed some investors, as shoppers contend with inflation. [...]
Home Depot says it will spend $1 billion to give hourly workers a raise
Home Depot is the latest retailer to signal that the labor market is still tight. [...]
Home Depot misses on revenue, issues muted outlook
Home Depot has remained resilient despite inflation and a shift in consumer spending habits. [...]
Walmart will report holiday-quarter earnings before the bell — here’s what to expect
Walmart will likely share its outlook for the year ahead, too. [...]
Covid’s ‘legacy of weirdness’: Layoffs spread, but some employers can’t hire fast enough
Retail sales and other economic data has been positive, despite inflation and rising interest rates. [...]
Scoring the best deals on Presidents’ Day holiday sales: 3 smart money moves to make as you shop
Amid ongoing high-inflation, consider these three strategies to help save money while you shop for holiday sales this President's Day. [...]