Category: Retail News
Another beaten down recent IPO may go private. Here’s a look at who might be next
Amid the economic uncertainty, investors have been prizing companies with an established record, and that hasn't been great news for recent IPOs. [...]
Bed Bath & Beyond shares fall 10% after interim CEO Sue Gove appointed to position permanently
Bed Bath & Beyond has named interim CEO Sue Gove to the position permanently as the struggling retailer tries to boost sales. [...]
LeBron James, Kevin Durant and other big names invest in Fanatics lifestyle brand Mitchell & Ness
Fanatics' lifestyle brand Mitchell & Ness is getting a boost from LeBron James, Kevin Durant and other big names. [...]
Chipotle Mexican Grill’s earnings top estimates as price hikes lift revenue
The burrito chain said same-store sales rose 7.6% in the quarter. [...]
3 takeaways from our daily meeting: Halliburton earnings beat, Club stocks in the news, TJX is best-of-breed
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m ET. [...]
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. [...]