Main menu:
Created: Fri, 03 Feb 2023 19:07:27 GMT
Author:
The activist investor is building a stake in the department store chain as he looks to shake up its board, people familiar with the matter told CNBC.
Read more: Nordstrom could use an activist, but Ryan Cohen might not be the right one
Created: Fri, 03 Feb 2023 21:53:27 GMT
Author:
GameStop Chairman Ryan Cohen is targeting former Bed Bath & Beyond CEO Mark Tritton, a member of Nordstrom's board.
Read more: Nordstrom stock surges after activist investor Ryan Cohen buys stake in retailer
Created: Thu, 02 Feb 2023 22:21:39 GMT
Author:
Kohl's has locked in its interim CEO Tom Kingsbury permanently at the helm.
Read more: Kohl's names interim CEO Tom Kingsbury to the post permanently
Created: Fri, 03 Feb 2023 14:06:10 GMT
Author:
In China, Starbucks' second-largest market, transactions at cafes open at least 13 months plunged nearly 30%.
Read more: Starbucks misses expectations as China Covid surge hurts international sales
Created: Thu, 02 Feb 2023 16:37:26 GMT
Author:
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Read more: Jim Cramer's Investing Club meeting Thursday: Meta, Eli Lilly, Estee Lauder
Created: Thu, 02 Feb 2023 13:00:01 GMT
Author:
Amazon entered China in 2004 by acquiring Joyo.com. Complex regulatory approval and competition from Alibaba and JD.com impeded the company's expansion efforts.
Read more: Why Amazon Marketplace didn't survive in China
Created: Thu, 02 Feb 2023 12:45:01 GMT
Author:
The privately owned sandwich chain has reportedly hired advisors to explore a potential sale and is revamping restaurants.
Read more: Sandwich chain Subway's sales climb as turnaround takes hold ahead of potential sale
Created: Thu, 02 Feb 2023 12:30:01 GMT
Author:
The sports commerce giant's aim is to merge the world of hobbyists and collectors via curated and personality-driven content and entertainment.
Read more: Fanatics to start livestreamed shopping of trading cards, collectibles
Created: Fri, 03 Feb 2023 21:00:44 GMT
Author:
Black entrepreneurs saw historic gains in securing VC funding after the George Floyd racial justice reckoning, but financing dropped 45% in 2022.
Read more: Venture capital for Black entrepreneurs plummeted 45% in 2022, data shows
Created: Wed, 01 Feb 2023 18:50:57 GMT
Author:
Amazon’s Buy with Prime service could help rake in billions of dollars for the e-commerce giant.
Read more: Amazon could be sitting on another $3.5 billion business, Morgan Stanley says
Created: Wed, 01 Feb 2023 21:05:44 GMT
Author:
The pricey exercise machines posted a negative gross margin for the holiday quarter, but the fitness equipment maker's overall profit margin was positive.
Read more: Peloton CEO doesn't care that equipment is losing money, sees path forward in the app
Created: Wed, 01 Feb 2023 13:49:03 GMT
Author:
The Ark Invest portfolio manager said on "Squawk Box" that Amazon's number of robot workers is set to grow dramatically this decade.
Read more: Robots could surpass workers at Amazon by 2030, Cathie Wood says
Created: Wed, 01 Feb 2023 21:07:40 GMT
Author:
Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected fitness sales during its holiday quarter.
Read more: Peloton shares surge 26% after fitness company posts subscription revenue growth
Created: Wed, 01 Feb 2023 04:37:21 GMT
Author:
Years of zero-Covid measures have taught Chinese consumers they can get their fix of opulence on their own shores — and experts say this habit is here to stay.
Created: Tue, 31 Jan 2023 19:16:13 GMT
Author:
Nike is claiming patent infringement related to Lululemon's sale of the Chargefeel Mid, Chargefeel Low, Blissfeel and Strongfeel sneakers.
Read more: Here's why Nike is suing Lululemon over shoe designs
Created: Tue, 31 Jan 2023 15:16:00 GMT
Author:
McDonald's is expecting that short-term inflation will continue in 2023.
Read more: McDonald's profit grows as inflation-weary customers flock to its restaurants
Created: Mon, 30 Jan 2023 18:08:46 GMT
Author:
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Read more: Jim Cramer's Investing Club meeting Monday: Dow stocks, Fed, Ford
Created: Sat, 28 Jan 2023 13:00:01 GMT
Author:
Walmart is rolling out the sleeker look as it attracts higher-income households with lower-priced groceries.
Read more: Bright lights and snazzy mannequins: Walmart rolls out sleek new store designs
Created: Fri, 27 Jan 2023 14:49:36 GMT
Author:
Bed Bath & Beyond's potential bankruptcy could bode well for Target as the retailer picks up the sales from more store closures, Oppenheimer said.
Read more: Target is poised to benefit from Bed Bath & Beyond's demise, Oppenheimer says
Created: Thu, 26 Jan 2023 22:51:10 GMT
Author:
Shares of toymaker Hasbro fell more than 6% in extended trading after the company said it would cut around 1,000 jobs and warned of weak fourth-quarter results.
Read more: Hasbro warns of weak holiday quarter results, cuts 15% of its workforce
Created: Thu, 26 Jan 2023 22:08:57 GMT
Author:
LVMH's cautious optimism echoes positive comments earlier this month from Burberry and Swatch.
Read more: Luxury retailer LVMH is optimistic as it sees Chinese shoppers and tourists returning
Created: Fri, 27 Jan 2023 14:44:11 GMT
Author:
Bed Bath & Beyond again warned of potential bankruptcy, saying it doesn't have enough cash to pay down its debts.
Read more: Bed Bath & Beyond defaults on credit line, warns it can't pay down debts
Created: Thu, 26 Jan 2023 19:38:45 GMT
Author:
Dollar General was hit with $387,000 in fines for worker safety violations at three Southeast stores, the Department of Labor said Thursday.
Read more: Dollar General worker safety fines top $15 million since 2017, Labor Department says
Created: Thu, 26 Jan 2023 16:11:59 GMT
Author:
Certain retailers with high exposure to Chinese sales will likely see a boost from the country's reopening.
Created: Thu, 26 Jan 2023 16:14:54 GMT
Author:
Sam's Club is expanding after seeing sharp gains in sales and membership during the Covid pandemic.
Read more: Walmart-owned Sam's Club plans to open about 30 new stores over next five years
Created: Thu, 26 Jan 2023 13:59:49 GMT
Author:
Layoffs have hit white-collar workers, primarily in the tech industry, but low-wage retail and restaurant workers haven't faced any large-scale cuts.
Read more: Chipotle seeks to hire 15,000 restaurant workers ahead of busy spring months
Created: Thu, 26 Jan 2023 11:16:46 GMT
Author:
Levi Strauss sales fell, but still topped Wall Street's expectations. The company also offered positive revenue guidance.
Read more: Levi Strauss beats estimates, offers upbeat guidance for fiscal year
Created: Wed, 25 Jan 2023 20:27:57 GMT
Author:
Piper Sandler on Wednesday said it sees considerable upside for Club holding Estee Lauder (EL) as China's long-awaited economic reopening drives pent-up demand.
Created: Wed, 25 Jan 2023 17:16:41 GMT
Author:
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Read more: Jim Cramer's Investing Club meeting Wednesday: Microsoft, P&G, Estee Lauder
Created: Wed, 25 Jan 2023 17:08:28 GMT
Author:
Bed Bath & Beyond has already closed some locations and may have to shutter even more. That could boost its competitors, according to Telsey Advisory Group.
Read more: If Bed Bath & Beyond closes more stores, these companies could benefit the most