Category: Retail News
Supreme Court rejects Trump ally Mike Lindell’s appeal in 2020 election lawsuit
The MyPillow CEO is fighting a defamation lawsuit filed by the voting machine company Dominion over his election conspiracy theories. [...]
Argus downgrades Nike to hold, says overstocked inventory will continue to weigh on retailer
Shares of Nike have come under pressure this year as the sports apparel giant dealt with global supply chain challenges. [...]
Disney executive Kareem Daniel joins McDonald’s expanding board
Daniel's appointment is part of a broader shakeup of the fast-food giant's board this year. [...]
Peloton will put bikes in every Hilton-owned hotel in the U.S.
Peloton will put bikes in all 5,400 Hilton-owned hotels in the U.S., the company announced Monday. [...]
Who needs another subscription service? Walmart is betting its millions of customers do
Walmart+ members tend to be more affluent than the average Walmart shopper, but 1 in 4 members receives government-provided food assistance. [...]
Sorry, hard seltzer — beer companies are into canned cocktails now
Canned cocktails are making a splash. Beer companies, drawing from previous success with hard seltzer, are getting in on the craze. [...]
What Nike’s earnings report tells us about 3 consumer stocks in our portfolio
A warning from Nike provides valuable insights for Club stocks Apple, Starbucks and TJX Companies. [...]
3 takeaways from our daily meeting: Still oversold, picking at chip stocks, Club names in the news
The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET. [...]
The union push could face a big obstacle in 2023 if the economy falls into a recession
Working conditions during the pandemic pushed many workers to organize — but fears about a potential recession could curb the union boom. [...]
Why some analysts think investors should buy Nike after its latest earnings report
Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some analysts s [...]