Category: Retail News
Walmart, Disney among top 12 employers that laid off thousands during the pandemic, House inquiry finds
A survey by the House Select Subcommittee on the Coronavirus Crisis found the nation's largest employers laid off thousands between 2019 and 2021. [...]
Buy this resilient sports retailer with strong Nike ties, Bank of America says in upgrade
This company's strong relationship with Nike should boost share gains for the retailer going forward, Bank of America says [...]
Wells Fargo upgrades Ross Stores, calls stock one of the ‘best ways’ to play off-price retail
Ross Stores is one of the best ways investors can get in on the off-price retail trade, Wells Fargo says. [...]
Coca-Cola raises full-year outlook as earnings beat expectations
Shares of Coke have fallen about 3% this year, bringing its market value down to $247.6 billion. [...]
Adidas terminates partnership with Ye following rapper’s antisemitic remarks
The German sportswear giant had faced pressure from the public and its own employees to cut ties with Ye over a series of offensive comments. [...]
Talent agency CAA drops Ye, as film studio MRC ditches documentary because of his antisemitic remarks
Hollywood talent agency CAA dropped Ye, previously known as Kanye West, as a client. [...]
Investment has been pouring into technology in the agriculture space. How to play it
The pandemic brought new issues to the forefront that are creating potential opportunities for investors in the agriculture tech space. [...]
2 takeaways from our daily meeting: We like health care and staples, Club names in the news
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Beyond Meat is rolling out its steak substitute in grocery stores
Beyond Steak is coming to Kroger, Walmart and other grocery stores on Monday. [...]
Walmart overhauls its intimates and sleepwear line to keep pace in a competitive market
The renamed Walmart brand is debuting as the discounter gears up for the holidays and is attracting more shoppers with its low-priced groceries. [...]