Category: Retail News
Club meeting recap: Cramer says investors should find safety in defensive stocks like Costco
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Can Costco maintain its edge over Sam’s Club?
Sam's Club is betting that investments in robotics and technology can help it better engage with budget-conscious shoppers and take on its competitors [...]
Apple, Ford and Estee Lauder are in the news Thursday. Here are our takes
Apple, Ford and Estee Lauder made headlines Thursday. Here's our take on the news. [...]
N.J. deli stock fraud defendant renounced U.S. citizenship, prosecutors seek detention
Three men, including Peter Coker Jr. and his dad, are accused of pumping up the stock price of a New Jersey deli-owning company once valued at $100 mi [...]
Chewy and Petco earnings make it clear: Pet health care is their future
Chewy and Petco have bet big on pet health care, which could be the key to long-term success. [...]
Walmart lays off hundreds of workers at e-commerce facilities
Walmart joins a growing list of retailers, including Amazon and Target, that are cutting costs. [...]
Starbucks CEO says he’ll work a shift at the company’s cafes once a month
New Starbucks CEO Laxman Narasimhan plans to work a shift once a month at the company's cafes. [...]
Olive Garden parent raises revenue outlook as same-store sales jump
Darden's same-store sales grew 11.7% across all of its brands, which include chains like Olive Garden, LongHorn Steakhouse and The Capital Grille. [...]
Starbucks shareholders to vote on proposals for labor probe, succession planning
New Starbucks CEO Laxman Narasimhan will lead the company's shareholder meeting just days after his transition to the role. [...]
Carvana shares pop as company offers first-quarter guidance, restructures debt
Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earli [...]