Carvana, CarGurus stocks started at hold rating by Citi

Citi analysts on Tuesday started covering Carvana Co. and CarGurus Inc. stocks at the equivalent of a hold rating, saying the online car marketplaces stand to benefit from growing consumer desire for ...

Retail investors are growing their BTC stack; whales’ holdings falling

Bitcoin ownership is still growing among retail investors, with three million BTC holdings at present, while whale accumulation is declining, with the recent number around nine million, according to G...

Toys R Us Owner WHP Bets On Retail Again With $260m Express Stake

Express wants to transform from mall staple to an international brand following its WHP tie-up. (AP … [+] Photo/Andrew Harnik) Copyright 2020 The Associated Press. All rights reserved Fashion ap...

Amazon One Is One-Click For Retail

After a cashier rang up my purchases at Whole Foods, I got my Amazon Prime member discounts and paid with my credit card. That doesn’t sound unusual, but what might be surprising is that I did it with...

Retail Investors Clash With Pros Over Best Stock Trade Before the Fed Rate Decision

(Bloomberg) — Ahead of this week’s Federal Reserve meeting — and in a year when many didn’t make the right calls — professional investors and do-it-yourselfers are sharply divided over the best ...

Kroger, Target, and High Prices: 2022’s Biggest Retail Stories

Covid created havoc for retailers in 2021. After a year when Americans suffered through lockdowns and most of us largely stayed at home, the great reopening of 2022 made it really hard for chains to d...

Gas prices are now lower than at this time last year. Could they fall below $3 a gallon in the months ahead?

Gas prices on Thursday were slightly less on average than they did one year ago — with a slim one-cent margin — but experts say there could be cheaper gas in the weeks and month to come. Thursday’s na...

One company could determine if U.S. corporate profits rise to a record next year

As Wall Street looks toward 2023, earnings growth for the companies that make up the S&P 500 index could hinge on just one of them: Amazon.com Inc. Amazon AMZN, -1.39%, the online retail giant who...

Toyota Halts Car’s Sales and Production for US

Toyota is known for a lot of different things, mainly automobiles, but the company also makes sewing machines, forklifts, robotics, boats and even houses. Of course, the main line of business Toyota h...

Paccar, Deere, and 10 More Companies That Raised Their Stock Dividends This Week

Text size Paccar said it will boost its regular dividend to 25 cents a share. Dreamstime Carrier Global, Deere , Zoetis , and Paccar were among the many large U.S. companies that declared dividend inc...

Keurig Dr Pepper Makes a Move Against Coke, Celsius, Monster

New energy drink products promising to give one that wake-up boost are popping up at seemingly every corner while the energy drink market is poised to reach $65.53 billion globally by 2028.  Compared ...

You’re Hired! No Interview Required in Tight Labor Market

Listen to article (2 minutes) Some employers racing to snap up workers in the tight labor market are omitting a step once considered crucial to hiring: the job interview. United Parcel Service Inc. ha...

Kohl’s, Macy’s, Toll Brothers, and 6 Other Stocks That Already Price in a Recession

The stock market has begun to reflect a high probability of a recession. Strategists at UBS screened for stocks that have clearly priced in that risk—and are worth considering. A recession seems in th...

Retailers Risk Alienating Shoppers With Stricter Return Policies

Retailers Risk Alienating Shoppers With Stricter Return Policies getty Retailers appear to have made a dent in the inventory glut this fall. According to the Federal Reserve’s latest statistics, level...

As Carvana Plunges, Consider These 5 Car Dealer Stocks

It was a bad week for Carvana —and a bad week for used-car dealers. But some auto-dealer stocks might still be worth buying. After falling almost 40% this past week, Carvana (ticker: CVNA) is off an i...

Kohl’s, PulteGroup, Macy’s and 6 Other Stocks That Already Price in a Recession

The stock market has begun to reflect a high probability of a recession. Strategists at UBS screened for stocks that have clearly priced in that risk—and are worth considering. A recession seems in th...

The Lesson of Blackstone’s Retail Real Estate Fund: Liquidity Matters.

The recent move by Blackstone giant retail real estate fund to limit redemptions after outsize withdrawal requests is a wake-up call for investors in a once-hot sector that may now face more regulator...

CVS Wants to Be a Healthcare Provider. So Why Doesn’t It Have Any Doctors?

Late last year, CVS Health CEO Karen Lynch unveiled a new strategy: Rather than remain simply a pit stop for toilet paper and flu shots, CVS stores would become a place that Americans—particularly old...

Costco stock falls after hours as retailer’s earnings disappoint, online sales fall

Costco Wholesale Corp. stock fell less than 1% in the extended session Thursday after the retailer missed Wall Street expectations for its fiscal first quarter and online sales dropped. Costco COST, -...

Google Moves to Cut Costs. The Tech Gravy Train Has Hit the Brakes.

After years of rapid growth amid bumper profits, the tech sector is now firmly in cost-cutting mode. Alphabet Google was the latest company to highlight this Thursday, confirming plans to merge the te...

Logistics Improvements Boost Chewy’s Profits

Online pet retailer Chewy delivered a profit in its third quarter and beat expectations for revenue … [+] and earnings. getty Online pet retailer Chewy said its third quarter results, released t...

Costco Misses Earnings and Revenue Expectations

Costco Wholesale got a sluggish start to its new fiscal year, missing earnings and revenue expectations and sending the stock lower in after-hours trading on Thursday. Investors had been wary headed i...

Costco Stock Slides After Q1 Earnings Miss, Weakening Autumn Sales

Costco Wholesale  (COST) – Get Free Report posted weaker-than-expected first quarter earnings Thursday as membership revenues missed Street forecasts amid a pullback in sales over the final week...

How New Innovations Are Helping Prevent Retail Injuries

According to the US Department of Labor, workplace injuries cost an estimated $161.5 billion yearly. In Wholesale and Retail Trade (WRT) establishments, lost workday injuries are caused mainly by slip...

How This New Shopping App Aims To Revolutionize The Local Retail Economy

New shopping app Arive brings local stores to your door in under two hours. Arive How do you balance convenience shopping with sustainability and support for the local retail economy? That was the pro...

GameStop reports worse-than-expected quarterly loss, revenue decline 

GameStop Corp. reported third-quarter results that missed analysts’ estimates as well as a revenue decline after the market close on Wednesday. GameStop GME, -4.83% said it lost $94.7 million, or 31 c...

Carvana, the Amazon of Used Cars, Is Collapsing

Carvana, the Amazon of used cars, on Wednesday is having one of its worst days on Wall Street. Carvana shares fell more than 36% to $4.27 as doubts about the company’s ability to meet its paymen...

Walmart Stock Price Enjoying the Retail Growth During Holidays

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Why Biotech Meat Cannot Compete With Animal Meat At Retail

syringe sticking out of raw chicken getty Even combining cell-cultured meat with plant-based ingredients will still prove impossible to compete with the real thing in the marketplace. Recently, the U....

GameStop’s third-quarter results on deck: What to expect from the meme-stock darling

Meme-stock darling GameStop Corp. reports its third-quarter results after the market closes on Wednesday, with analysts looking for a narrowing loss from the videogame retailer. GameStop GME, -7.12%, ...

Gaming Retail Giant ‘GameStop’ Yet Again Lays Off Staff

9 seconds ago | 2 mins read NFT News The company’s crypto wallet staff was struck especially hard. This year, GameStop debuted an NFT marketplace. According to reports and social media postings from i...

‘Tis The Season For Retail Tech To Shine

Holiday season. female in sparkle gold sequin santa hat with credit card browsing high fashion … [+] retail online store and on a smartphone while sitting on divan in the modern living room at C...