Best Buy is best known for installing TVs and home theater systems. Now, its Geek Squad is helping to set up virtual hospital rooms. The consumer electronics retailer said Tuesday it has struck a thre...
Tag: Walmart Inc
Target invests in cheap chic as sales slow
An increased number of mannequins feature clothing and shoes throughout the remodeled Target store in Orange, California. Jeff Gritchen | MediaNews Group | Getty Images NEW YORK — As Target sees growt...
Target (TGT) earnings Q4 2022
A shopper leaves a Target store in New York, August 15, 2021. Scott Mlyn | CNBC Target on Tuesday topped Wall Street’s earnings expectations for the first time in a year, as its holiday-quarter ...
Stocks moving big midday: PANW, COIN, DKS, AMZN
Coinbase shares are down more than 83% this year Chesnot | Getty Images Check out the companies making headlines in midday trading. Coinbase — Shares of the cryptocurrency exchange fell 5% even after ...
Target bets on e-commerce, invests in delivery hubs
The Target Corporation logo displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Target said Wednesday it will spend $100 million to build a larger network of s...
Walmart CEO Doug McMillon vows to fight inflation
Doug McMillon, president and CEO of Walmart. Adam Jeffery | CNBC Walmart CEO Doug McMillon wants to help bring inflationary prices down by keeping his company’s own private brands priced low, te...
Walmart, Home Depot prepare for consumer slowdown
If you want to know how this year may be for the retail industry, look no further than Walmart‘s cautious outlook. The discounter easily topped expectations for the holiday quarter on Tuesday, b...
Walmart (WMT) earnings Q4 2023
Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 an...
Home Depot to give hourly workers a raise
A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly e...
WMT, HD, VIR and more
The Walmart logo is displayed outside their store near Bloomsburg. Paul Weaver | Lightrocket | Getty Images Check out the companies making the biggest moves in premarket trading: Walmart — Walmart sha...
Walmart, Home Depot kick off retail earnings this week
Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting from a pandemic-era s...
Walmart Reports Earnings Tuesday. What to Expect.
Keep an eye out for Walmart stock when the market opens on Tuesday, analysts say. The retail giant is poised to deliver another strong quarter, fueled in part by a strong holiday season, and shares ma...
TV prices sink ahead of the Super Bowl — here are the best deals
Nearly 200 million people will watch the Philadelphia Eagles face off against the Kansas City Chiefs in the Super Bowl on Feb. 12, which is a good reason to buy a brand-new television. While you may n...
Child killed, another injured in Baby Trend strollers
Baby Trend Sit N’ Stand Double stroller Source: U.S. Consumer Product Safety Commission A baby was killed and another was injured after they became entrapped in a popular Baby Trend stroller tha...
Amid food inflation, more shoppers turn to dollar stores for groceries
A man looks at frozen foods for sale at a Dollar Store in Alhambra, California on August 23, 2022. Frederic J. Brown | AFP | Getty Images Among all rising costs, sky-high grocery bills have been espec...
Walmart is rolling out sleek new store designs
Walmart has rolled out a new look at five flagship stores, including its big-box store in Teterboro, NJ. The remodeled stores have brighter lighting, mannequins and roomier aisles. Melissa Repko | CNB...
Walmart-owned Sam’s Club plans to open new stores
Shoppers stock up on merchandise at a Sam’s Club store in Streamwood, Illinois. Scott Olson | Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores i...
Walmart raises minimum wage as retail labor market remains tight
An employee arranges beauty product gift boxes displayed for sale at a Wal-Mart Stores Inc. location in Los Angeles, California. Patrick T. Fallon | Bloomberg | Getty Images Walmart said Tuesday it is...
Walmart and Salesforce partner to sell tech to retailers
As times get tighter in retail, Walmart is chasing a new side hustle. The retail giant, known for selling groceries, toothpaste, toys and more in its big-box stores, wants to sell more of its technolo...
Walgreens may have overstated theft concerns, CFO says
Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images A top Walgreens executive on Thursday ...
Retailers brace for tougher times and more frugal customers in 2023
A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado. Brent Lewis | Denver Post | Getty Images January is typically an overlooked month for retailers. Shoppers make return...
These states will raise their minimum wages in 2023
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in m...
‘Five days that killed the year’: These trading sessions accounted for 95% of the S&P 500’s losses in 2022
Just five trading sessions accounted for more than 95% of S&P 500 index losses in 2022, according to an analysis by Datatrek co-founder Nicholas Colas in a note published Wednesday, as stocks head...
Survey shows a Costco membership hike would face little resistance
Most American shoppers say they are willing to pay more for their retail club memberships — a sentiment that bodes well for Investing Club holding Costco (COST). The survey says … According to a...
Target under pressure, hopes value-hungry shoppers come to the rescue
Target is stressing value this holiday season, as consumers feel pinched by inflation. At its store in New Jersey, signs that advertise low-priced items are more prominent than in previous years. Meli...
Millionaires plan to cut their holiday spending due to inflation
American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the wealth ladder, according to a CNB...
Dollar General chases suburban shoppers with Popshelf
HENDERSONVILLE, Tennessee — Dollar General‘s next big strategy for growth is tucked in a strip mall in suburban Nashville, and it is coming to other cities soon. It’s a new store called Po...
Rent the Runway (RENT) Q3 earnings 2022
Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported st...