Category: Retail News
Walmart-backed fintech startup plans to launch its own buy now, pay later loans
The fintech startup, called One, wants to launch a service that shoppers could use at Walmart's website and stores, as well as at other retailers. [...]
Grocery delivery firm Getir acquires embattled rival Gorillas as industry consolidates
The long-rumored takeover reportedly values Gorillas at $1.2 billion, down 15% from its last valuation. [...]
Activist Dan Loeb boosts stake in Bath & Body Works and seeks board shake-up, shares jump
Third Point's Loeb said the company's board has "made errors in structuring its executive compensation." [...]
Cowen names Costco a best idea, says wholesaler can be a big winner in 2023
The wholesaler not only has a sticky customer base, but could see more interest as more customers look for value. [...]
Here’s a map of Starbucks stores that voted to unionize
Friday marks the one-year anniversary of Starbucks Workers United's first win, in Buffalo, New York. [...]
Marijuana industry sales slow down after pandemic surge
After years of rapid growth, the U.S. cannabis industry is showing signs of fatigue amid challenging economic conditions and growing pains. [...]
Costco reports mixed quarter, but we see positive catalysts on the horizon
Costco Wholesale (COST) reported mixed fiscal first-quarter results after the closing bell Thursday, amid weaker consumer demand. [...]
Lululemon shares fall after company offers weak fourth quarter guidance
Lululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter. [...]
Jim Cramer’s Investing Club meeting Thursday: Buy Disney, Salesforce downgrade, Costco earnings
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
GameStop reports decline in revenue and sharp decrease in cash
GameStop posted a decline in revenue, but its net loss narrowed from a year ago. [...]