Category: Retail News
Gap beats on third-quarter revenue, but tempers expectations for holiday season
Gap on Thursday beat Wall Street's quarterly revenue expectations, but gave a cautious outlook for the holiday season. [...]
Walmart and Target’s quarterly results lay bare the retailers’ stark differences
Walmart and Target's third-quarter results this week highlighted key differences between the retailers. [...]
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. [...]
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. [...]