Category: Retail News

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We’re locking in a big profit on our favorite retail stock after softer sales figures

We're turning a little more cautious about the name in the short term just in case November marks the beginning of a comparable sales slowdown. [...]

JPMorgan downgrades Victoria’s Secret, cites trouble for lingerie company’s core business

The firm noted that sales of intimates and apparel "lagged the balance of the business" amid a highly promotional environment. [...]

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. [...]

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. [...]
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