GameStop (NYSE: GME) stock price has been making big price swings over the last week, closing at $27.59 +1.54 (5.91%) on Tuesday, November 15, while also climbing +$3.04 (12.38%) over the past five da...
Tag: Retail
Amazon Begins Mass Job Cuts
Amazon (AMZN) – Get Free Report, the e-commerce giant, began Tuesday to carry out massive job cuts to respond to the economic slowdown likely to turn into a recession in the coming months. The...
The Organized Consumer — How To Respond To This Holiday’s Growing Retail Trend
Young couple walking in shopping mall for Christmas. Holding Christmas gifts and wearing warm … [+] clothing. getty With the peak holiday season fast approaching, rising prices and fluctuating s...
Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data
Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA, +0.7...
Cowen’s analyst reveals his top retail stock ahead of earnings
If he was allowed to buy one retail stock right now, Cowen’s Oliver Chen says he’d go for Target Corporation (NYSE: TGT). Target to report Q3 earnings this week Target is scheduled to report its Q3 re...
Retail traders massively withdraw their BTC from exchanges
FTX collapse has birthed renewed interest in self-custody among retail users, as many are now moving their Bitcoin (BTC) to cold wallets. Glassnode data, as analyzed by CryptoSlate, showed that retail...
Toronto’s New Adidas Store Is Setting The Stage For Experiential Retail In Canada
The Toronto Lab product section of Adidas’ store in Toronto Eaton Centre. Christine Do Experiential retail is becoming ubiquitous across the United States, especially for athletic brands. In the...
Market needs weak retail data to stay strong
The stock market’s current run could fizzle out if October retail sales data comes in hot next week, CNBC’s Jim Cramer warned on Friday. “If we see weak retail sales and learn that t...
Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore. Walmart Inc. Chief Executive Doug McMillon delivered the warning in person last month in a...
Can’t Beat ‘Em? Retail Investors Now Backing Institutions Competing For Control Of The Single-Family Rental Market
For years, single-family rentals have been a wise investment decision. Individual investors have been purchasing this type of asset for decades, accounting for the majority of single-family rental tra...
What the Stock Market and the Midterm Elections Have Common.
Investing and politics go together about as well as mango chutney and burned hair, and we prefer to focus on the stocks and leave the pontificating about the state of the nation to the Beltway pundits...
Home Depot, Walmart Kick Off Busy Week Of Retail Earnings; Tech Investors Eye Results from Cisco, Nvidia, AMAT
Dow Jones stocks Home Depot (HD) and Walmart (WMT) headline a busy week of retail earnings reports as Wall Street weighs the impact of higher interest rates on the economy. X Big box retailer Walmart ...
Healthcare Takes A Page From The Retail Playbook
Nomi Health’s Go Fund Yourself campaign shines a glaring light on the shortcomings of the current … [+] healthcare system. Courtesy of Nomi Health At the Las Vegas HLTH (pronounced health) confe...
High-Income Consumers Plan Fewer Gifts And More Travel, Cutting Into Retail Holiday 2022 Sales
An open empty gift box and female hands on the wooden table background. No gift concept. getty Throughout the critical holiday season of November and December, the National Retail Federation predicts ...
India’s Bengaluru Airport Ties Up 15-Year Retail Joint Venture With Dufry
Green oasis: An impression of how Bengaluru Airport’s Terminal 2 will look by next April. BIAL Global travel retailer Dufry will operate the duty-free shops at South India’s busiest airport unde...
Adobe’s October Ecommerce Report Holds Warning Signals For Holiday Retail
Discounts pushed online holiday purchases into October this year, but consumers spent slightly less … [+] than October 2021, according to Adobe Analytics. getty Adobe’s October ecommerce report,...
Carvana’s Earnings Crash Spurs Bond Selloff
Carvana Co. ’s bonds are touching all-time lows, spotlighting investors’ concerns about the used-car seller’s long-term trajectory as it burns cash and faces rising borrowing costs. Carvana’s long-ter...
Amazon Has Lost $1 Trillion in Market Cap. Ouch.
Amazon.com has now lost more than $1 trillion in market capitalization, the most ever by a U.S. company and the first time one company has shed that much market value. It’s a painful reminder to inves...
As FTX Falls to Binance, Retail Crypto Investors Rush for the Exits
Amid an escalating war with Binance founder Changpeng Zhao, charismatic FTX CEO Sam Bankman-Fried denied rumors that his crypto exchange was short on liquidity. The next day, FTX halted withdrawals. W...
Standard Chartered Bank to Explore Retail Crypto Opportunities in Hong Kong
London-based banking giant Standard Chartered plans to explore crypto trading opportunities in Hong Kong. The decision stemmed from recent revelations from the country’s Securities and Futures Commiss...
Retail begins accumulating Bitcoin while whales continue to sell
Retail investors owning less than 1 BTC are accumulating Bitcoin while whales holding over 10,000 BTC are selling, according to data analyzed by CryptoSlate. Since August, Bitcoin has been in a distri...
Digital Ocean Earnings Raise More Big Questions About the Cloud
DigitalOcean posted better-than-expected third quarter results, but the provider of cloud-based computing service to small- and medium-size businesses offered guidance for the fourth quarter that fell...
Digital Euro May Have Transaction Limits for Retail Users
With the European Central Bank (ECB) now developing the prototype for its Central Bank Digital Currency (CBDC) otherwise known as the Digital Euro, more details are now surfacing based on its potentia...
Rohit Chopra is cracking down on big banks and Big Tech. Is he out of control?
In March, Rohit Chopra was invited to give a virtual speech at the University of Pennsylvania, an Ivy League school known for churning out finance-minded graduates who fill the rosters of Wall Street ...
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in...