Symbotic Stock: Walmart Discloses It Holds a Stake in AI Company

Text size Walmart owns a stake in AI company Symbotic. Photo by George Frey/Getty Images Symbotic shares finished lower Tuesday after Walmart disclosed it holds a stake of 11.1% in the artificial inte...

Home-Compostable Coffee Pods – How Grind Is Redefining Product Sustainability

With home compostable coffee pods, London-based coffee company Grind are redefining sustainability … [+] in product design Grind “When the pandemic hit, the demand for our coffee product at home...

3 Trends Shaping Consumer Shopping Behavior

As US retail sales data start to show the effects of recent economic turbulence, brands and retailers are digging deep on ways they can stay relevant in shoppers’ wallets. VISIONS 2022, a report relea...

Why Conagra Brands and Albertsons Could Be havens

Text size Albertsons Companies stock is down just 10% for the year and is about flat since May 20.  Dreamstime The stock market has been a scary place this year, but grocery stocks may provide a haven...

LVMH Delivered On Retail Innovation At Viva Tech With Toshi, Bored Apes, Bulgari Utility NFTs & More

Tag Heuer Connected Calibre E4 watch with NFT gallery functionality for displaying Bored Apes, … [+] CryptoPunks held in your Web 3.0 wallet. LVMH / Tag Heuer During Paris innovation show Viva T...

Revlon Has Declared Bankruptcy. More Defaults Could Be on the Way.

Text size Cosmetics company Revlon has filed for Chapter 11 bankruptcy. There could be more defaults on the way for U.S. companies. Dreamstime With fears that a recession is looming, there could be mo...

Alibaba Stock Rises on Report About Ant’s Holding Company Bid

Text size A Reuters report says that China has accepted the application of Ant Group, which is an affiliate of Alibaba, to form a financial holding company. Here: Alibaba’s headquarters in Hangz...

Should You Buy Amazon, Walmart, Target, and Costco Stock?

Retail stocks have seen huge price drops because pretty much every retailer has issued a cautious guidance due to supply chain issues and increased costs. Retailers including Walmart (WMT) – Get...

U.S. Open/Father’s Day Combo Is Big Business For Golf Retail

PGA Tour Superstore, which recently opened its first store location in North Carolina, is projecting … [+] the biggest week for sales volume in the company’s history. PGA Tour Superstore T...

‘The Profit’ Star Marcus Lemonis Scooped Up Camping World Stock

Text size Marcus Lemonis, of the CNBC show “The Profit,” says RV company Camping World is “the most important thing” in his life. Michael Nagle/Bloomberg Camping World Holdings stock has tumbled in 20...

Retail Traders Who Drove Meme Frenzy Bail Out in Bear Market

(Bloomberg) — Stock traders who whipped up the meme craze that took Wall Street by storm last year are furiously rushing to the exits. Most Read from Bloomberg Roughly 50% of single-stock retail...

Indian Crypto Advocacy Body Press for Restoration of Instant Retail Payments Service – UPI (Report) Indian Crypto Advocacy Body Press for Restoration of Instant Retail Payments Service –

The Blockchain and Crypto Assets Council (BACC) has asked the National Payments Corporation of India (NPCI) to restore the UPI service to Indian crypto exchanges. In a letter, it requested a meeting w...

Escaping The Retail Supply Chain Squeeze

The “Uberization” of retail supply chains is underway with new cooperative models and hypernetworked logistics promising an escape for retailers stuck between the costly privilege of supply chain inde...

Gas Price Relief In Sight As Crude Oil Tumbles on Recession Fears

Updated at 1:32 pm EST U.S. drivers may get some near-term relief on gas prices heading into the Juneteenth holiday weekend as crude prices plunged to a three-week low in mid-day Friday trading amid o...

Revlon Stock Soars on Report of Potential Acquisition Out of Bankruptcy

Text size Revlon filed for bankruptcy earlier this week. Getty Images Revlon stock soared more than 75% in premarket trading Friday after a report said Indian conglomerate Reliance Industries (RIL.Ind...

Kroger Stock Dips on Earnings Report, Must Hold This Key Level

Kroger  (KR) – Get Kroger Company (The) Report stock lately has been struggling and is down about 1.7% on June 16. That’s after it traded about 2% higher in the premarket after the grocery giant...

Why Sustainability Investing May Be Retailing’s Crypto

Why Sustainability Investing May Be Retailing’s Crypto Unsplash It may seem like sustainability and ethical consumerism have been front-page news for a long time, but as a set of measurable corporate ...

Four value-stock picks from a fund manager who steers clear of the energy sector

Jensen Investment Management follows a simple rule for initial screenings of stocks: Companies need to have achieved returns on equity (ROE) of at least 15% annually, for at least 10 consecutive years...

Here’s what retail traders are buying in this choppy market

Retail traders are choosing to keep in the market amidst the ongoing volatility, but with a different strategy, JJ Kinahan said this morning on a CNBC interview. He’s the Chief Marketing Strategist at...

The Days of Big Pharma Are Over. Big Biotech Is on Its Way.

W hen GlaxoSmithKline spins off its enormous division selling drugstore staples like Advil and Tums next month, it will represent more than just the latest shuffling of assets among corporate giants. ...

Do Costco’s $4.99 Chickens Come With Too Heavy a Price?

One of Costco Wholesale’s  (COST) – Get Costco Wholesale Corporation Report most popular products is turning into a headache for the warehouse retailer, and it’s one the company does...

These 16 stocks in the S&P 500 crumpled at least 9% a day after the Fed raised rates

One day after U.S. stocks got a reprieve as the Federal Reserve lifted its target range for short-term interest rates by 0.75 percentage point, inflation fears built a new wall of worry to send U.S. s...

HKMA Announces Joint Research with Bank of Israel, BISIH for Retail CBDC

The Hong Kong Monetary Authority (HKMA) announced joint research with the Bank of Israel (BOI) and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre for retail Central Ban...

Apple Stock Has Dropped 25%. This Analyst Says It’s Still the Best Bet in Tech.

Text size Morgan Stanley cut its price target on Apple stock. Dreamstime Morgan Stanley is preparing for a slowdown in consumer spending on tech hardware, slashing target prices on stocks across the s...

Who Are The Influencers That Shape Retail?

Fashion influencers attend the Pitti Immagine Uomo fashion event on June 12, 2019 in Florence, … [+] Tuscany. (Photo credit by MIGUEL MEDINA/AFP via Getty Images) AFP via Getty Images We are con...

Dow futures slump over 500 points as post-Fed meeting gains evaporate

U.S. stock index futures slumped early Thursday, as the gains seen after the Federal Reserve’s biggest interest rate hike since 1994 quickly faded. What’s happening Futures on the Dow Jones Industrial...

Retail Moves From “The Great Acceleration” To “The Great Rebalancing.”

A Best Buy store, a retailer of consumer electronics, operating in the U.S., Canada and Mexico. getty During the early part of the pandemic, it became popular to say that we had experienced 10 years o...

No Medium-Term Lending Facility Rate Cut But Online Retail Sales Pick Up

China Last Night KraneShares Key News Asian equities were a sea of red excluding Hong Kong and China, which posted gains. The PBOC kept the 1-year medium-term lending facility rate at 2.85% despite th...

Bitcoin Retail Accumulation Continues, Why It’s the Right Time to Add BTC?

After a major bloodbath on Satoshi Street earlier on Monday, Bitcoin bears seem to be taking some rest for now. The world’s largest cryptocurrency continues to trade at under $22,000 levels as of now....

May retail, industrial production, fixed asset investment

BEIJING — China released economic data for May that topped muted expectations for a month hampered by Covid controls. Industrial production rose mildly by 0.7% in May from a year ago, versus an expect...

Online Marketplace Faire Gives $60 Million Boost To Retail Startups

Janel Andersen, who owns two stores in Berkeley, CA, used Faire’s inventory credit offer to quickly … [+] open her second store. Courtesy of Stitch + Sparrow Faire, the online marketplace ...

Binance resumes withdrawals as many retail crypto investors monitor exchanges

Major crypto exchange Binance has announced that it had resumed Bitcoin withdrawals after more than three hours amid extreme market volatility.  In an update during what many are calling cryptocurrenc...