Category: Retail News
Investors in some retail stocks have more than holiday spending to worry about
Unusually high yields are often a red flag, suggesting that payouts might be unsustainable and at risk of being cut. [...]
How UPS, FedEx are preparing for the first ‘post-pandemic’ holiday season
UPS and FedEx are prepared for a holiday surge, the retail industry expects record sales this weekend, but consumer data remains mixed in peak shoppin [...]
The ‘gold standard’ for holiday purchases has ‘a huge drawback,’ analyst says — but it may still be the best way to pay on Black Friday
How you pay for your holiday purchases may be just as important as how much your spend. [...]
Walmart shooting suspect was disgruntled employee, law enforcement source says
At least seven people, including the suspect, were killed at the Walmart Supercenter in Chesapeake, Virginia. [...]
How drought cost America’s cotton industry billions
CNBC traveled to Texas, the largest cotton-producing state, to hear from farmers and others in the industry who are being hit hard by the ongoing drou [...]
3 takeaways from our daily meeting: 2 retailers we like and a strategy update
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
We’re adding to a China reopening stock, buying ahead of Covid rules eventually easing
This company gets about one-third of its sales from travel and its travel retail business is highly dependent on tourism in Asia. [...]
Nimble retailers Costco, TJX to benefit from improving supply chains, Cowen says
Global supply chains are normalizing and Club stocks Costco (COST) and TJX Companies (TJX) are poised to reap the rewards. [...]
Fanatics expands its Nike sports merchandise deal to Yomiuri Giants, Japan’s most popular baseball team
Fanatics is expanding its partnership with Nike to manufacture sports merchandise for the Yomiuri Giants, Japan's most successful and popular baseball [...]
Best Buy sticks to holiday-quarter outlook as electronics demand holds up
Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results. [...]