Category: Retail News
Wells Fargo downgrades Costco, says shares are too expensive given the ‘hurdles’ ahead
Costco's stock is too expensive given the headwinds the company faces in the month ahead, according to Wells Fargo. [...]
Why hearing aids are so expensive
The global hearing aid market was valued at over $10 billion in 2021. Critics say the five largest manufacturers, who control 90% of the market, keep [...]
New hope China may soften on Covid boosts our stocks most tied to world’s No. 2 economy
As always, we take speculation out of China with a grain of salt, but we're encouraged by news surrounding BioNTech's mRNA Covid vaccine there. [...]
Carvana stock on pace for worst day ever as outlook darkens for used vehicle market
Shares of Carvana were on pace for their worst day on record Friday after the company missed Wall Street's top- and bottom-line expectations for the t [...]
3 takeaways from our daily meeting: Equities mixed, hopes for China reopening, buying Coterra
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as chief of Adidas
Adidas has faced a recent public relations crisis in its dealings with Ye, formerly known as Kanye West. [...]
Retailers have a new holiday headache — people are opting to travel, not shop
The peak shopping season will test spending priorities of consumers who are facing high inflation. [...]
This deep value golf stock is set to triple, Jefferies predicts
Topgolf will likely continue beating expectations as more people discover the sport. [...]
Free returns may soon be a thing of the past as retailers roll out stricter policies
From shorter return windows to restocking fees, expect there to be limitations on what can be brought back and when. [...]
Starbucks delivered solid quarter and guidance, imagine when China fully reopens
Starbucks' (SBUX) results give us confidence that demand can endure the softness in the global economy and China's zero-Covid policy. [...]