Category: Retail News
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. [...]
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. [...]
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. [...]
DraftKings says no evidence systems were breached following report of a hack
The company said it has identified less than $300,000 of customer funds that were affected by unusual activity. [...]
Barclays downgrades Williams-Sonoma and RH, warns of a weak housing cycle ahead
A weak housing cycle will hurt home furnishing retailers Williams-Sonoma and RH, according to Barclays. [...]
‘This is such an obvious opportunity’: New Goodwill store goes live online with a Picasso print, designer handbags and other treasures
With the resale business booming, Goodwill launched GoodwillFinds.com to meet the needs of shoppers increasingly interested in unique finds. [...]
Is Patagonia the end game for profits in a world of climate change?
Patagonia's decision to donate profits to climate change is an example of why private and family businesses often do more for the planet than the stoc [...]
Inflation forces mom and pop restaurants and chains like McDonald’s to lean on their strengths
Inflation is hitting the entire restaurant industry, but chains and independent eateries have different advantages when it comes to tackling higher co [...]