Latest in Prefers Retail
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Amazon’s cloud growth takes a backseat as this retail reality shines through
Often cloud growth drives Amazon’s stock movements after earnings, but this time analysts are keying in on overall profit as well as retail momentum for nondiscretionary purchases.Business - MarketWatch - November 1 -
4 retail stocks that look good even if the holiday shopping season is soft
Wall Street research firm Telsey Advisory Group is upbeat on Costco, Amazon, Best Buy and TJX Companies.Business - CNBC - November 2 -
Retailers brace for DEI blowback in lead-up to election, holiday shopping season
Some companies are concerned about attending public DEI events while others are strategizing on how to avoid criticism over their policies and programs.Business - CNBC - November 4 -
The PS5 Pro Is Available Now And Eligible For One-Day Delivery At Amazon
PS5 Pro $699 | Available ...Tech - GameSpot - November 7 -
Walmart and Other Retailers Cut Christmas Goods Imports This Year
A tepid holiday season forecast prompted many companies to slash their orders for trees, tinsel and other holiday gear.Business - Inc. - November 5 -
Trump's win could lead companies to push up prices. Here's why.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.Top stories - CBS News - November 6 -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - November 8 -
Will retail investors rekindle their love for Tesla? It could depend on Nvidia.
Elon Musk has become a close ally of President-elect Donald Trump, but is that enough to bring retail investors back to Tesla?Business - MarketWatch - November 8 -
China retail sales beat forecasts in October while real estate slump worsens
Retail sales grew by 4.8% year-on-year, the National Bureau of Statistics said Friday. That was above the 3.8% forecasted in a Reuters poll, and a pickup from 3.2% growth in September.Business - CNBC - November 15 -
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Retail Sales Rise in October as Americans Remain Willing to Spend
A mix of factors contributed to the uptick, as people bought more cars and home store sales went up as storm damage in the Southeast got fixed. It’s a good sign for the holiday shopping season.Business - Inc. - November 15 -
UK retailers warn Reeves of £7bn hit from Budget changes
Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sectorBusiness - Financial Times - November 19 -
British Land Expects Retail Park Boost as Shops Seek Cheaper Space
British Land expects more shops to move to retail parks to offset anticipated higher costs following the U.K. government’s budget last month.Business - The Wall Street Journal - November 20 -
TJX boosted by strength in Europe, as retailer posts earnings beat and raises guidance
TJX Cos.’ stock was flat in afternoon trade Wednesday after rising from its morning lows, which came even after the discount retailer’s fiscal third-quarter earnings topped estimates and it again ...Business - MarketWatch - November 20 -
We're changing our price target on TJX despite the retailer's light guidance
The company's outlook was not overly concerning given its proclivity to under-promise and over-deliver.Business - CNBC - November 20 -
Retail investors are feeling unusually optimistic about the market — here’s why
Most retail investors are feeling pretty good about their investments right now, and according to a recent survey, they expect the good times to continue.Business - MarketWatch - November 21 -
Cramer's week ahead: Earnings from Dell, CrowdStrike and several big retailers
Best Buy, Abercrombie & Fitch, Kohl's, Macy's, Burlington Stores and Dick's Sporting Goods all report Tuesday.Business - CNBC - November 22 -
US retailers stretch out Black Friday deals to lure flagging shoppers
Spending is key driver of US economy but shows signs of slowing as impact of past inflation lingersBusiness - Financial Times - 5 days ago -
Shoppers Are Picky Heading Into Black Friday. Retailers Could Win or Lose Big.
Companies say shoppers are still buying, but they want a deal.Business - The Wall Street Journal - 5 days ago -
Retail credit card interest rates hit all-time high
The average rate on credit cards from some of America's biggest retailers has soared to an all-time high of more than 30%, according to personal finance site Bankrate. That's up from just over 24% ...Top stories - CBS News - 4 days ago -
Kingfisher shares tumble as retailer warns on sales drop and Budget hit
Owner of DIY chain B&Q reports decline in quarterly sales and extra costs from BudgetWorld - Financial Times - 4 days ago -
Retailers saw a dismal fall quarter. The election seems to be turning things around.
Many U.S. retailers are hoping to put the fall quarter behind them.Top stories - NBC News - 3 days ago -
UK and Irish retailers pull products associated with Conor McGregor
Tesco and Musgrave take alcoholic drinks off shelves Woman won claim against him for damages in rape case Major retailers in the UK and Ireland are to stop selling alcoholic drinks associated ...World - The Guardian - 3 days ago -
Walmart U.S. CEO explains the retailer's DEI policy rollback
John Furner, president and CEO of Walmart U.S., talks about the company's decision to scale back its DEI policies.Top stories - CBS News - 3 days ago -
With Retailers Preparing for Black Friday, Here’s What’s Open on Thanksgiving
With Black Friday coming up, some retailers will be closed on Thanksgiving.Business - Inc. - 2 days ago -
Holiday Shopping Season Separates Winning Retailers From Losers
Consumers are seeking deals and being choosier about their spending in the crucial final weeks of the year, executives say.Business - The New York Times - 14 hours ago -
These two retailers tend to underperform the sector between Black Friday and year-end
Dick’s Sporting Goods Inc. and Best Buy Inc.’s stocks are likely to underperform in the period stretching from Black Friday to year-end as two retailers with the most exposure to the holiday ...Business - MarketWatch - 11 hours ago -
As retailers enter the holiday shopping season, the winners are pulling away from the pack
Retailers' earnings reports show a sharp divide between brands that are winning sales and those that are missing out.Business - CNBC - 11 hours ago -
Some retailers tell consumers Trump's tariffs are a reason to buy now
Some companies are weaving Trump's tariffs into their marketing efforts, telling consumers to buy now in case prices rise.Top stories - CBS News - 6 hours ago -
Buy Now Before Tariffs Hit, Retailers Are Telling Shoppers
Many businesses are urging customers to buy before President-elect Donald Trump’s proposed tariffs potentially raise costs—and prices.Business - The Wall Street Journal - 10 hours ago -
Chinese online retailer Temu faces European Union investigation into rogue traders and illegal goods
Chinese online retailer Temu is facing a European Union investigation over suspicions it’s failing to prevent the sale of illegal productsTech - ABC News - October 31 -
Ahead of Proposition 36 vote, state data show California is not tracking retail theft suspects after arrests
No one — not the Governor's Office, the CHP task force, nor the attorney general — can tell us how many of the people arrested by California's Organized Retail Crime Task Force were sentenced, let ...Top stories - CBS News - October 31