CNBC’s Jim Cramer on Wednesday said that inflation is peaking, which is good news for stocks that have been trampled in recent months. “The stock market … totally saw peak inflation coming...
Tag: Target Corp
Bed Bath & Beyond discontinues Wild Sage private brand as it tries to improve sales
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond is axing one of its private lab...
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation that’s sq...
PerkinElmer, Boeing, Global Payments, Bumble and more
Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S...
Jim Cramer warns investors not to miss their window to buy stocks
CNBC’s Jim Cramer on Thursday advised investors to seize the moment and buy some stocks, since the Federal Reserve appears to be nearing the end of its tightening cycle. “When the Fed gets...
Best Buy cuts sales forecast as inflation pressures shoppers
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Wednesday cut its forecast for its fiscal year and second quarter, saying it has seen...
Walmart’s slashed profit outlook sends consumer health warning
Shares of retailers including Macy’s, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consum...
Glossier to sell in Sephora, makeup brand’s first retail partner
Glossier makeup bottles John Sciulli | Getty Makeup company Glossier announced Tuesday that customers will be able to find its popular “Boy Brow” and “Cloud Paint” products at ...
Walmart, General Motors, Polaris and more
Check out the companies making headlines before the bell: Walmart (WMT) – Walmart slumped 9.5% in the premarket after cutting its outlook for the current quarter and full year. The retail giant said h...
Walmart, Target, Whirlpool and more
People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Check out the companies making headlines after hours. Walmart — Shares dropped more than 8% in exte...
3 reasons why executives are leaving retailers from GameStop to Gap
Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this yea...
Clothes are expensive even as retailers try to clear inventory
A customer shops for shirts at an American Eagle Outfitters store in San Francisco. David Paul Morris | Bloomberg | Getty Images Excess inventory has racked up in many retailers’ warehouses and ...
Why deal experts say you might want to skip it
Prime Day prices may not be Amazon’s best-ever offer Just because something is discounted on Prime Day doesn’t mean it’s the best deal you’ll see anywhere, or even all year. Na...
Walmart won’t hold rival event to Amazon Prime Day
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart ...
S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation
U.S. stocks end higher Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic grow...
Walmart to respond to Roe v Wade abortion decision, CEO says
Walmart CEO Doug McMillon speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Walmart CEO Doug McMillon told employees on Friday that the company is weighing how to r...
Kohl’s ends sale talks with Franchise Group, lowers outlook
Kohl’s announced Friday that it is terminating talks to sell its business, saying that the retail environment has significantly deteriorated since the beginning of its bidding process. The Kohl&...
Bed Bath & Beyond (BBBY) Q1 2022 earnings
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Bed Bath & Beyond is replacing CEO Mark Tritton in a leadership shakeup after the ret...
Target will cover employees’ travel to other states for abortions
A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned,...
3 trends to watch as retailers prep for back-to-school, holiday shopping
Pedestrians view the holiday windows at a store in New York, on Thursday, Dec. 2, 2021. Christopher Occhicone | Bloomberg | Getty Images Summer vacation season is just getting started, but retailers a...
Why the retail industry is facing a bankruptcy wave
Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California. Justin Sullivan | Getty Images The retail industry is up against a potential wave of bankruptcies follow...
Franchise Group considers lowering Kohl’s bid closer to $50 a share from $60
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotiations with Franchise Group, which is proposi...
Inflation and recession fears are squeezing some industries more than others
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP...
Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion
Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging U.S. ports, pushing ware...
Walmart strategy to launch apparel, home brands is being put to the test
Scoop is one of Walmart’s exclusive fashion brands. It has also struck deals with national brands like BCBG Paris. Melissa Repko | CNBC SPRINGDALE, Arkansas — Dressed-up mannequins. Eye-catching...
Simon Property CEO aims to create new sales event as inflation surges
David Simon, chairman and chief executive officer of Simon Property Group Patrick T. Fallon | Bloomberg | Getty Images David Simon, the chief executive officer of the biggest shopping mall owner in th...
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:...
Target warns of squeezed profits from aggressive inventory plan
Target warned investors Tuesday that its profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. The retailer slas...
Cramer greenlights tech stocks, says Target news suggests inflation is peaking
CNBC’s Jim Cramer on Tuesday gave investors his blessing to consider purchasing beaten-down tech stocks after Target‘s latest quarter indicated good news for the Federal Reserve‘s fi...