Category: Retail News
Deutsche Bank validates the Club case on holding Estee Lauder
Deutsche Bank upgraded Estee Lauder (EL) on the back of China's expected reopening. [...]
Here’s what America’s top CEOs are saying about a possible recession in 2023
The CEOs of JPMorgan, General Motors, Walmart and others are gearing up for a potential economic slowdown in 2023. [...]
Fanatics valuation hits $31 billion after $700 million investment round
Michael Rubin's sports platform company Fanatics has raised $700 million in capital, raising its value to $31 billion. [...]
Wedbush says sell GameStop shares before Wednesday’s earnings, stock still very much irrational
The stock's price is disconnected from business fundamentals, the firm says. [...]
Jim Cramer’s Investing Club meeting Tuesday: Bank pick, consumer play, Alphabet
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Rising thefts at Walmart could lead to price jumps, store closures, CEO says
Walmart stores are grappling with a jump in shoplifting that could lead to price spikes and closures, Walmart CEO Doug McMillon said Tuesday [...]
Walmart CEO says shoppers are being more selective as they deal with inflation
Americans are still feeling "stressed" by inflation, but the effects aren't being felt evenly across categories, Walmart CEO Doug McMillon. [...]
PepsiCo plans to cut hundreds of corporate jobs, report says
PepsiCo is eliminating hundreds of jobs in North American workforce, according to the Wall Street Journal. [...]
Nike and Kyrie Irving split up after antisemitism controversy
Nike said Monday that Brooklyn Nets star Kyrie Irving is no longer affiliated with the athletic wear giant. [...]
Jim Cramer’s Investing Club meeting Monday: Trimming oil, Starbucks, Eli Lilly
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]