Front Door of House with Stack of Delivery Boxes from Online Ordering and E-commerce getty Amazon had a spectacular year in 2021, reporting a 22% increase in net sales. But buried in the details there...
Tag: Consumer
Why Altria’s Stock Could Be a Buy and Philip Morris Isn’t
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...
Altria Stock Is a Buy and Philip Morris Isn’t, Says Goldman Sachs
Text size Analyst Bonnie Herzog raised her rating on Altria to Buy from Neutral and her price target to $57 from $48 Fabrice Coffrini/AFP via Getty Images Altria Group has been the standout in Big Tob...
JPMorgan Invests In Oakbrook Finance To Enhance Consumer Lending
Consumer lending platform provider Oakbrook Finance has completed a £142 million funding round, with JPMorgan and alternative investment advisors Atalaya Capital Investment leading the list of investo...
Nike Reports Earnings Monday. Don’t Get Your Hopes Up.
Text size The Nike store in Miami Beach, Fla. Joe Raedle/Getty Images Nike already had a China problem. Now you can add Europe to the list. The only question ahead of Monday’s earnings report is wheth...
Gas prices ‘without a doubt’ changing consumer behavior, AAA spokesman explains
Drivers around the nation are beginning to shift their driving habits in response to soaring gas prices as the White House attempts to present the pain at the pump in a full context. As of March 19, t...
Companies raise consumer prices but only sleuths can detect it
Alexanderford | E+ | Getty Images Americans are paying more for a broad swath of household goods these days. Even items without a higher sticker price may still cost more — it’s just hard to not...
Retail sales February 2022 come up short as inflation puts dent in consumer spending
An Amazon Prime truck pulls away after a delivery in Washington, DC, on February 17, 2022. Nicholas Kamm | AFP | Getty Images Consumers continued to spend in February through at a slower pace than exp...
High Price Drives Consumer Demand For Luxury Brands
“Price functions as a fee for the right to exhibit the logo of a well-known brand and co-brand … [+] oneself,” J.P. Kapferer and P. Valette-Florence report. getty The personal luxury goods...
Ontario Teachers’ Pension Plan Leads £210M Round in UK-Based Consumer Finance Platform Lendable
Lendable.co.uk, a major AI-powered consumer finance platform based in London, announced on Thursday it raised £210 million in a funding round led by the Ontario Teachers’ Pension Plan Board through ...
Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’ – Economics Bitcoin News
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year h...
MTO Brings Decentralised Consumer Protection to the Blockchain
Merchant Token was one of the most acclaimed ICO’s in the year 2021. By the end of the ICO, it had raised over 60 million dollars from investors to actualize the project. There was, and still is, the ...
American consumer still healthy, but lower-income shoppers at risk
Pedestrians carry Macy’s shopping bags in San Francisco, California, on Thursday, Sept. 16, 2021. David Paul Morris | Bloomberg | Getty Images Macy’s says the American consumer is still he...
Grab Stock Rebounds From Slump After Losses Widened
Text size A Grab Food delivery rider. Lauryn Ishak/Bloomberg Shares of Grab Holdings rebounded Friday following a slump after the Singapore-based ride-sharing and food delivery company reported a wide...
Buy Foot Locker Stock. It’s Gotten Hit Hard Enough.
Foot Locker shares have declined but that may be good news for bargain hunters. James Bugg/Bloomberg Text size Here’s a Hail Mary play: Buy Foot Locker after the stock’s recent post-earnings swoon. Fo...
What Does $5 a Gallon Gas Mean for the Average American?
The idea of paying $5 a gallon for gas scares most Americans — at least the ones who don’t live in California, where AAA reports that the price per gallon for gas currently sits at $5.07. ...
Consumer Companies React To Russian Conflict In Ukraine
Getty Images Takeaways Major consumer companies are pulling products and services out of Russia The stances some companies are taking (or not taking) have the potential to rouse investors Investors sh...
Starbucks Stock Has Gotten Crushed. This Analyst Says It’s Time to Buy.
Text size Starbucks stock still looks good for the long haul, Jefferies says. Scott Olson/Getty Images Starbucks stock is off roughly 25% year to date, but Jefferies argues that the market has it wron...