Category: Retail News
McDonald’s plans reorganization, job cuts as it accelerates restaurant openings
McDonald's will be evaluating staffing levels as the company undergoes a reorganization and refocuses its priorities to accelerate restaurant expansio [...]
Costco’s December sales beat shows the Club holding is still the retailer to own
Club holding Costco Wholesale (COST) delivered strong sales growth in December, demonstrating the retailer's ability to consistently attract customers [...]
Jim Cramer’s Investing Club meeting Friday: Stocks rise, Constellation, Wells Fargo
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
This ‘best-in-class’ western retailer can rally more than 30% as consumers buy country fashion, Bank of America says
Shares of under-the-radar foot and apparel retailer Boot Barn can rally 35% as consumers buy up western wear, Bank of America said Friday. [...]
Buy Lululemon, a ‘rare name with momentum’, Wells Fargo says in upgrade
It's time for investors to buy shares of Lululemon Athletica, according to Wells Fargo. [...]
KeyBanc says former meme stock Bed Bath & Beyond will fall to 10 cents after bankruptcy warning
Don't be surprised if this damaged retail stock falls as low as 10 cents a share, according to KeyBanc Capital Markets. [...]
Constellation CEO hints at stock buyback after shares take a beating. The Club would fully support the move
Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday. [...]
As Constellation’s shares fall on weak earnings, we see a buying opportunity
Alcoholic beverage producer Constellation Brands (STZ) reported mixed fiscal 2023 third-quarter earnings on Thursday, sending shares lower. [...]
Buy this retailer secretly buying back its stock, Bank of America says
A build up in share repurchases over the last few weeks is boosting Bank of America's confidence in the home retailer. [...]
Stitch Fix plans 20% job cuts as CEO steps down, founder Katrina Lake to reassume post
Stitch Fix founder Katrina Lake on Thursday announced the company will be cutting 20% of its salaried workforce and that she will reassume her post as [...]