Category: Retail News
Kroger hikes forecast after stronger grocery sales top estimates
Kroger raised its forecast after its earnings topped expectations, with inflation pushing up the prices that shoppers pay for groceries. [...]
Amazon CEO says Prime could become ‘standalone business,’ stands by layoffs
The CEO also highlighted shifts in consumer spending and made clear Amazon's intention to continue expanding into the health-care space. [...]
Why Wall Street’s bullish on 3 Club stocks Wednesday — and our take, too
Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street analysis on Wednesday. [...]
Jim Cramer’s Investing Club meeting Wednesday: Fed speech, stock picks, Alphabet’s costs
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
More Americans tapping buy now, pay later for holiday gifts shows ‘how stressed the economy is,’ Harvard researcher says
With prices near historic highs, more consumers are leaning on buy now, pay later to afford their holiday shopping. [...]
Kroger, Albertsons CEOs defend grocery tie-up, say deal won’t hurt competition
Leaders of the two companies faced questions about how the deal could shake up the competitive landscape — and the prices consumers pay at the store. [...]
Jim Cramer’s Investing Club meeting Tuesday: Stock picks, Disney pivot, Microsoft confidence
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Shopper turnout hit record high over Black Friday weekend, retail trade group says
A record number of holiday shoppers turned out from Thanksgiving Day to Cyber Monday, according to the National Retail Federation. [...]
These 4 tips can help you dig out of debt after record Black Friday and Cyber Monday spending
This year's holiday spending is setting new records, but it's not too late to avoid going into debt, experts say. [...]
Asset manager names 9 ‘cheap’ stocks to buy as recession fears grow
Steven Glass, managing director of Pella Funds Management, urged investors to be "hyper-vigilant" about valuations right now. [...]