The average new car sold for $47,148 in May. That’s not quite the record high prices hit last December. But it’s close — May saw the second-highest prices on record. The average sale price increased b...
Tag: Retail
Earnings Are Under Threat, Another Blow to Sagging Stock Market
Stocks have tumbled this year in the face of rising interest rates. But with inflation showing little sign of cooling, many investors fear corporate earnings could be the market’s next support to fall...
Under Armour Stock Has Tanked. Director David Gibbs Scooped Up Shares.
Text size Under Armour stock plunged in early May after the company reported a first-quarter loss. Brandon Bell/Getty Images/Getty Images Under Armour stock has tumbled in 2022, but director David W. ...
Costco’s Cheap Gas Prices Are a Big Hit
Costco Wholesale is doing a booming business in gasoline by offering its members material savings that one Wall Street analyst has put at 37 cents a gallon. This comes at a time when prices have soare...
3 Beaten Down Stocks to Buy Now
People treat stocks differently than they do any other kind of purchase. Nobody walks into a Best Buy and sees the 65-inch television they always wanted on sale at 50% off and questions the intrinsic ...
Why the Stock Markets Are Falling So Hard
Text size Wall Street Bull Dreamstime This past week was another brutal one for the markets. Investors had plenty to worry about from the Fed to inflation and retail sales. The Dow Jones Industrial Av...
Target, Caterpillar, and 3 More Stocks Getting Higher Dividends
Text size Target is raising its quarterly dividend by 20%. Justin Sullivan/Getty Images Target and Caterpillar were among the U.S. companies that declared dividend increases this week. Target (ticker:...
How Rest And Wellness Brands Like Lunya And Ritual Are Redefining The Store Experience
Ritual’s new store on Abbot Kinney in Venice featuring the traceability map wall. Ritual In a 2021 report, McKinsey estimated global wellness to be a $1.5 trillion market, with a growth rate of ...
Carvana, ‘The Amazon of Car Dealers’, Fights its Biggest Battle
The way Ernie Garcia III sees it, the problem is not existential. Garcia, founder and CEO of Carvana (CVNA) – Get Carvana Co. Class A Report, the online used car retailer, gave a run down of hi...
Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief
“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...
Walmart’s Sam’s Club Solves a Huge Problem (Costco Hasn’t)
The supply chain mess caused by the covid pandemic forced retailers to get much smarter about how they get items into their stores. That’s actually something Walmart’s (WMT) – Get W...
A Guide for Retail Investors: How to Find Blue Chip NFTs?
Place/Date: – June 8th, 2022 at 4:10 pm UTC · 5 min read Source: MOJOR Nowadays, NFTs have become the most attractive emerging investment product. Despite the recent crypto market downturn, inve...
‘retail sector is a little harder to invest in’
Shares of Target Corp (NYSE: TGT) are up nearly 1.0% on Thursday after the retail behemoth announced a significant increase in its quarterly dividend. Target now has implied dividend yield of 2.78% Ta...
Novavax’s New Covid-19 Vaccine Might Be Late to the Party
It’s one thing to arrive fashionably late to a party, it’s another thing to waltz in when the last guests are stumbling out the door. For Novavax , which on Tuesday cleared a key step toward U.S. Food...
Kohl’s Suitor Wants to Buy the Chain by Selling Kohl’s Properties
Kohl’s beat back activists and is in talks to be sold for around $8 billion. But its suitor could bring a new set of challenges for the department-store chain. Franchise Group which owns the Vitamin S...
Apple is offering ‘buy now, pay later.’ 4 reasons to think twice before signing up
After months of speculation, Apple AAPL, -0.45% finally unveiled its buy now, pay later offering this week, wading into an industry that’s experienced explosive growth. But consumers should be wary of...
Costco discussing membership rate hikes after renewals hit 90%
Costco Wholesale Corp. is talking over membership fee hikes after reporting an all-time renewal rate high of 90%. The last time Costco raised its membership fee was in June 2017. Historically, fees ri...
Target’s latest warning is ‘a bad development for the retail industry,’ analyst explains
Target’s latest warning on Tuesday is apt to send shivers down the backs of its retail competitors in home and apparel. “While clearly a negative for Target, this is a bad development for ...
Target Inventory Warning Portends Retail Bloodbath
Target ’s inventory problem is turning out even worse than it expected just a short time ago. Its latest warning could portend a promotional bloodbath among retailers this summer. The retailer on Tues...
Costco Raises Prices While Target Lowers Them
The pandemic has disrupted a variety of retail chains. Covid has created supply-chain problems, where ordered items take longer to arrive, but that’s not the only problem facing retailers, inclu...
‘I respect every profession equally, but I feel like so many people look down on me for being a waitress’: Americans are tipping less. Should we step up to the plate?
I read your article about tipping. I’ve been serving and bartending for almost 16 years now, since I was 18. Waiting tables is so hard on your body, and a lot of people don’t appreciate all of the wor...