Category: Retail News
Wall Street absolutely loves this retailer, poised to benefit from the industry’s inventory issues
This off-price retailer is the beneficiary of the inventory glut and will benefit from bargain-hunting shoppers this holiday season, analysts said. [...]
As consumer spending rises, Costco remains the discount retailer to own
Fresh economic data and retail earnings showed consumers are still spending on essential goods, a trend that bodes well for Costco (COST). [...]
This under-the-radar cooler stock is ‘bear proof,’ Canaccord Genuity says
Investors should utilize the sharp pullback in this stock to buy into a company with 'solid fundamentals,' Canaccord Genuity says. [...]
Kohl’s pulls full-year outlook, citing retail volatility and economic headwinds
Kohl's said earlier this month that CEO Michelle Gass would step down in December. [...]
BMO downgrades Target, citing persistent inventory challenges ahead
BMO Capital Markets is losing faith in Target's growth story given the challenges it faces ahead. [...]
Starbucks union to strike at more than 100 locations on Red Cup Day, one of the chain’s busiest days of the year
At the 113 striking locations, the union will be distributing its own version of the reusable red cup. [...]
TJX hits an all-time high as reason we own off-price retailer played out in the quarter
The inventory glut at full-price chains proved to be a boon to TJX, whose brands include T.J. Maxx, Marshalls and HomeGoods. [...]
Analysts see one retailer winning this holiday and taking share as Target struggles
Here's what separates this big-box retailer from the pack, according to analysts. [...]
8 retails stocks to buy from top analysts as Target signals tough times for the sector
Target's recent earnings release doesn't bode well for retail. Still, Wall Street is bullish on these names in the space. [...]