Troubled discount home-goods retailer Tuesday Morning Corp. will close more than half its locations nationwide after filing for Chapter 11 bankruptcy protection for the second time in three years. The...
Tag: Retail
Walmart, Alibaba, Moderna, and More Stocks for Investors to Watch This Week
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Al Gore’s Firm Sells Alibaba Stock, TSMC, and Shopify. It Bought TI.
Generation Investment Management, chaired by former Vice President Al Gore, recently made big changes in its portfolio, reshuffling its holdings in the semiconductor business as its money managers cit...
Bed Bath & Beyond falls toward 8th-straight loss, the longest such streak in 3 months
Shares of Bed Bath & Beyond Inc. BBBY, -6.74% sank 6.5% in afternoon trading Thursday, to put them on track for an eighth straight decline. The losing streak comes after the stock rocketed 92.1% o...
Xumm Launches XRPL QR Payments Feature For Retail Stores
Developers also plan to expand the payment feature to the web. Xumm and XRPL Labs developers have launched a QR payments feature to allow users to make XRPL payments at retail stores with the native X...
Retail investors are pouring a record $1.5 billion per day into the stock market
Individual investors have been snapping up stocks at the fastest pace on record as U.S. equity markets have charged higher to start the year. Over the past month, retail investors funneled an average ...
Fiscal Retail Sales Up 9.4% Surpassing Pre-Pandemic Levels
Retail sales for the fiscal year were up 9.4% partly driven by e-commerce, curbside pickup, and … [+] mobile purchasing. getty The financial year for many retailers ends in January, and recently...
Apparel Industry Is Unprepared For New Sustainability Laws
Apparel Industry Is Unprepared For New Sustainability Laws getty One of the hot topics among fashion execs these days is what’s shaping up to be the industry’s next crisis — government regulation of s...
Want to play the lottery? These are the most speculative stocks of the year, by one measure
It’s 13-F season, which means the world gets to find out most of what the world’s top fund managers have been up, on a tape-delay basis. The likes of Warren Buffett and Carl Icahn it is fair to say ar...
Michael Burry and David Tepper snapped up Alibaba during the fourth quarter
High-profile investors Michael Burry and David Tepper were buying Alibaba during the fourth quarter, potentially putting them in a position to profit from the reopening of the Chinese economy. Scion A...
Bed Bath & Beyond’s $1 Billion Stock Deal: What to Know
It has been a whirlwind for Bed Bath & Beyond Inc.’s meme-stock investors, marked by a credit default, store closings and a last-gasp financing deal that saved the company from chapter 11. The tur...
Bitcoin Rallies as Stock Markets Tank After Hot U.S. Retail Sales
U.S. retail sales rose 3% in Jan. 2023 to $697 billion, beating analysts’ 2% estimates and exceeding December sales by 4.1% as healthy demand and CPI point to rising inflation. Rising retail sales sug...
Stocks rise after strong retail sales data
U.S. stocks capped a choppy session higher Wednesday as investors pondered the outlook for interest rates after economic data showed strong consumer spending and an uptick in inflation across January....
Jefferies downgraded this retail stock despite strong retail sales report
S&P 500 is trading down on Wednesday after the Census Bureau said retail sales were up way more than expected in January. American Eagle Outfitters stock lacks upside For the month, advanced retai...
Retail sales January 2023:
Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail sales for the month increased 3%, compared to expectations for a ri...
George Soros Snapped Up Tesla, Peloton, Crypto Stocks. What He Dumped.
Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter Sor...
The peak of this market rally is almost here, says JPMorgan. Time to ditch U.S. stocks, and buy these instead, says Wall Street giant.
Roses are red, violets are blue, will CPI turn into the stock market’s Waterloo? The inflation data showed higher prices remain sticky, even if overall pressure eased a bit. The stock market seems to ...
Berkshire Hathaway’s Buy in Truck-Stop Operator Pays Off
Berkshire Hathaway investors may soon get a read on one of the company’s better deals in the past decade—a 2017 purchase for nearly $3 billion of a 38.6% interest in Pilot Flying J, the country’s lead...
Walmart Closes Pickup-Only Grocery, But Others Are Just Getting Started
Walmart is closing its two pickup- and delivery-only concept stores in the Chicago suburb of Lincolnwood and in Bentonville, AR. Walmart opened the Lincolnwood store in 2019 on the site of a former Do...
6 Tips For Wooing Back Lost Retail Customers
Here are six ways to win back lost customer love. getty Seven in 10 relationships reportedly fail within the first year. Are retail-customer relationships any better? This is the right time of the yea...
Here are five companies to pick if Goldman Sachs is right about the stock market being flat in 2023
Hearts, flowers and CPI data. Get ready for Tuesday. And hell hath no fury like a disappointed Wall Street. The last time CPI let the markets down — last September — stocks melted down like chocolate....
Bitcoin whales, retail investors show contrasting behavior- Here’s why
The divergence between Bitcoin’s retail and whale behavior grew. Activity for the king coin increased, and traders remained positive. According to new data, the divergence between Bitcoin whales and r...
Shopify stock suffers one of its worst days yet as Wall Street wonders what is to come
Shopify Inc. shares suffered one of their worst days on record Thursday, after financial results failed to provide much clarity about the road ahead in 2023. Shopify SHOP, -15.88%, which acts as the b...