A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely du...
Tag: Target Corp
Retail giants report earnings, stay away from ‘toxic’ stocks
CNBC’s Jim Cramer said Friday that he’s breathing a sigh of relief as beaten-down stocks ‘have already taken enough hits,’ allowing investors to trade in a safer environment ne...
Target employees at Virginia store file for union election
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Target has joined the growing list of major companies where employee...
Victoria’s Secret takes beauty business to Amazon in wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Se...
Walmart unveils activewear line with Michelle Smith, Stacey Griffith
Fashion designer Michelle Smith and SoulCycle instructor Stacey Griffith are debuting their activewear line, Love & Sports, at Walmart. The line is designed to be fashion-forward, with vibrant col...
Bed Bath & Beyond stock jumps on report company received bids for Buybuy Baby unit
A view of the atmosphere during the Whitney Port & Bundle Organics #MomAsYouAre buybuyBABY product launch on November 17, 2018 in Torrance, California. Randy Shropshire | Getty Images Bed Bath &am...
American Eagle pitches internal supply chain platform to retail rivals
Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. He joined the retailer in 2018. Source: Julie Stapen Photography American Eagle wants to be more like Amazon. Not to get in...
50,000 retail store closures in U.S. by 2026 after pandemic pause
A pandemic shakeup in 2020 led to a surge in store closures, coupled with dozens retailers filing for bankruptcy, which emptied out shopping malls and left vacancies scattered along the streets major ...
Bed Bath & Beyond (BBBY) Q4 2021 earnings
Bed Bath and Beyond on Wednesday reported a surprising holiday-quarter loss, as the company ran low on inventory and struggled to move merchandise out of congested ports and onto shelves. Shares fell ...
Target tiptoes back into resale with new ThredUp deal
Target ThredUp website Source: Target Target is tiptoeing back into secondhand sales through a deal with resale company, ThredUp. The big-box retailer confirmed Friday that it launched a page on Thred...
Robinhood, EPAM Systems, Kroger and more
Kroger is opening automated warehouses around the country to build a larger and more profitable online grocery business. Kroger Check out the companies making headlines in midday trading Friday. Robin...
Levi Strauss & Co. (LEVI) reports Q1 2022 earnings beat
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Denim retailer ...
Walmart saved millions from elder gift card scams
A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze near...
Why ‘free’ shipping isn’t free
The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...
Lizzo launches Yitty shapewear brand in tie-up with Fabletics
As a young girl, Lizzo tried intensely to, literally, fit in. The now-superstar would wear body girdles and skin-tight corsets to school, contorting the shape of her body — an experience she said was ...
Businesses oppose Florida’s ‘Don’t Say Gay’ bill banning talk of LGBTQ issues in public schools
Revelers celebrate on 7th Avenue during the Tampa Pride Parade in the Ybor City neighborhood on March 26, 2022 in Tampa, Florida. The Tampa Pride was held in the wake of the passage of Florida’s...
Bed Bath & Beyond stock jumps after deal with activist investor Ryan Cohen
A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond announced Friday that it has struck a deal with act...
Target’s solar panel carports at California store may be a green model
Target has added carport canopies with solar panels to power one of its California stores with renewable energy. The retailer said it will test the approach and may expand it to other locations. Targe...
Walmart wants to hire more than 50,000 workers in new-business push
An employee restocks frozen food products at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Wednesday that it wants to hire more than 50,000 emp...
Retail sales will grow this year, but at a slower rate than in 2021, trade group says
Miami, Florida, Brickell City Centre shopping mall with Apple Store, Chanel and escalators. Jeff Greenberg | Universal Images Group | Getty Images Retail sales in the U.S. are expected to grow between...
NCAA March Madness prepares return to normal
A general view of the March Madness logo before game between the Syracuse Orange and the Houston Cougars in the Sweet Sixteen of the 2021 NCAA Tournament at Hinkle Fieldhouse. Aaron Doster | USA TODAY...
Ulta Beauty sees brand partnerships boosting makeup sales after Covid slump
Inside an Ulta store location in New York. Scott Mlyn | CNBC Ulta Beauty is banking on new brand partnerships to boost lagging makeup sales. For the full year 2021, cosmetics accounted for 43% of the ...
Kohl’s (KSS) issues long-term financial targets at investor day 2022
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s, facing activist pressure to consi...
Bed Bath & Beyond shares surge after GameStop chairman reveals big stake
Customers carry bags from Bed Bath & Beyond store on April 10, 2013 in Los Angeles, California. Kevork Djansezian | Getty Images News | Getty Images Bed Bath & Beyond surged 65% in premarket t...
Best Buy Stock: Earnings Reveal Tough Christmas Quarter. Company Raises Dividend.
Text size Best Buy is contending with short-term headwinds, but the electronics retailer is expecting business to pick up by fiscal 2025. Scott Olson/Getty Images Best Buy stock rose Thursday despite ...
Nordstrom shares soar as it makes progress but still has ways to go
Nordstrom signage outside one of the company’s full-line department stores. Tim Boyle | Getty Images News | Getty Images Nordstrom shares are soaring after the department store chain offered up ...
How Target plans to keep growing sales
A worker delivers an order to a drive up customer at a Target store on August 19, 2020 in Miami, Florida. Joe Raedle | Getty Images Inflation is soaring. The war in Ukraine is roiling equities and ene...
Target Gaps Higher On A Positive Reaction To Quarterly Earnings
(Photo by Scott Olson) Getty Images Target TGT beat earnings expectations before the opening bell on Tuesday, March 1. Shares gapped higher as the pandemic resulted in an increase in customers. Fourth...
Target, Kroger, Foot Locker and more
A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target – ...
Target (TGT) Q4 2021 earnings
Target on Tuesday said sales rose 9% in the fiscal fourth quarter, as it weathered supply chain challenges over the holidays and built on e-commerce and customer gains during the pandemic. The discoun...