An American Airlines plane is de-iced as high winds whip around 7.5 inches of new snow at Minneapolis-St. Paul International Airport Thursday, December 22, 2022. Star Tribune Via Getty Images | Star T...
Tag: Retail industry
Jim Cramer’s Investing Club meeting Friday: Fed strategy, Club mantra
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The Fed isn’t ready t...
Marijuana black market undercuts legal business
A man smokes marijuana during a hip-hop performance at the 11th annual block party held by the Bushwick Collective in Brooklyn, New York, on June 4, 2022. Alex Kent | AFP | Getty Images Thriving, unre...
Jim Cramer’s Investing Club meeting Thursday: Estee Lauder, NFL deal
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. Buy EL before day-end We ...
Judge pauses SEC case in favor of criminal probe
Your Hometown Deli in Paulsboro, N.J. Google Earth A federal judge granted the Justice Department’s request to pause the Securities and Exchange Commission’s civil case regarding alleged f...
Under Armour picks new CEO: Marriott executive Stephanie Linnartz
Under Armour said Wednesday that it has hired Marriott International President Stephanie Linnartz to be its next CEO, capping off a seven-month hunt for a new boss that the company hopes will grow its...
Survey shows a Costco membership hike would face little resistance
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Investing Club holding Costco (COST). The survey says … According to a...
H&M Justin Bieber merchandise removed after criticism from pop star
Canadian singer-songwriter Justin Bieber arrives for the 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas on April 3, 2022. Angela Weiss | Afp | Getty Images H&M will no longer...
Nike (NKE) Q2 earnings 2023
Nike on Tuesday reported quarterly results that easily topped Wall Street’s expectations while raising its outlook, as the company touted its success in clearing through its hefty inventory pile...
Target under pressure, hopes value-hungry shoppers come to the rescue
Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are more prominent than in previous years. Meli...
FedEx (FDX) earnings Q2 2023
FedEx said Tuesday it would cut $1 billion more in costs after weak demand ate into its quarterly profit. The company in September announced cost-cutting measures that included parking planes and clos...
Millionaires plan to cut their holiday spending due to inflation
American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the wealth ladder, according to a CNB...
Kidults are the biggest sales driver for the toy industry
Disney’s Star Wars merchandise stuffed toys depicting Grogu character, commonly known as Baby Yoda. Chukrut Budru |Sopa Images | Lightrocket | Getty Images There are two things keeping the toy i...
Dollar General chases suburban shoppers with Popshelf
HENDERSONVILLE, Tennessee — Dollar General‘s next big strategy for growth is tucked in a strip mall in suburban Nashville, and it is coming to other cities soon. It’s a new store called Po...
Jim Cramer’s Investing Club meeting Monday: Fed, oil stocks, Disney
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. The Fed is winning Watching...
Costco reports mixed quarter, but positive catalysts on the horizon
Costco Wholesale (COST) reported mixed fiscal first-quarter results after the closing bell Thursday, amid weaker consumer demand. But the Club continues to see the fundamentals of the business as soli...
Lululemon (LULU) earnings Q3 2022
People line up to enter a store during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News...
GameStop (GME) earnings Q3 2022
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third q...
Jim Cramer’s Investing Club meeting Thursday: Disney, Salesforce
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. DIS buying opportunity CR...
Ferrero to buy Halo Top owner Wells to further U.S. expansion
Halo Top pints of ice cream in Los Angeles, California. Kirk Mckoy | Los Angeles Times | Getty Images Candy maker Ferrero is buying Wells Enterprises, the ice cream giant that owns Blue Bunny, Blue Ri...
Used vehicle demand and prices continue to decline from record highs
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale prices of used vehicles reached thei...
Rent the Runway (RENT) Q3 earnings 2022
Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported st...
Cigarette makers ordered to display warning signs at retailers
Altria’s Marlboro cigarettes sold at a store. Simon Dawson | Bloomberg | Getty Images Major cigarette companies will soon be required to post signs at retail locations warning of the health effe...
Jim Cramer’s Investing Club meeting Wednesday: China, Danaher, Apple
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Buy and hold EL Possible...
What to watch Club holding Costco reports quarterly results Thursday
Club holding Costco Wholesale (COST) is set to report its fiscal first-quarter results on Thursday after the closing bell, and we’ll be looking to see the impact on profitability at the retailer...
McDonald’s hopes discounts, contests boost mobile sales
Sopa Images | Lightrocket | Getty Images Last holiday season, McDonald’s leaned on singer Mariah Carey’s starpower and discounts to drive customers to their mobile app. This year, the Chic...
Fanatics valuation hits $31 billion after $700 million investment round
Fanatics CEO and co-chair Michael Rubin Shareif Ziyadat | Filmmagic | Getty Images Michael Rubin’s sports platform company Fanatics has raised $700 million in fresh capital, pushing its value to...
Walmart CEO says shoplifting could lead to price jumps, store closures
Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO Doug McMillon said Tuesday. “T...
PepsiCo plans to cut hundreds of jobs, report says
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo is eliminating hundreds of corporate jobs in North America, according to the...
Jim Cramer’s Investing Club meeting Tuesday: Bank pick, layoffs play
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. WFC is a buy Still like PG...