Rite Aid Adopts the Dreaded Reverse Stock Split
Rite Aid's shareholders have approved a reverse split of the company’s common stock. The move is of course not a positive one.
Retail
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Will Walmart Suffer as Chief Technology Officer Exits?
News came out on Wednesday afternoon that Jeremy King, executive vice president and chief technology officer for Walmart, was leaving the retail giant.
Starbucks Includes Accelerated Share Buyback in Annual Shareholder Meeting
Starbucks released a lot of news at its 2019 annual shareholder meeting. While much of it is socially oriented, there is also quite a bit for investors to chew on.
Why Michaels Earnings Are So Great
Michaels shares rallied after it reported better than expected fiscal fourth-quarter financial results Tuesday morning.
A Daring and Risky Turnaround Strategy by DSW
This turnaround strategy comes with big risks. It's one thing to sell other designers products for a profit in a highly competitive environment. By launching its own products the goal is to increase margins.
Why DSW Earnings Fell Short in Q4
DSW shares tumbled after it released mixed fiscal fourth-quarter financial results before the markets opened on Tuesday.
Two-Thirds of Voters Say Amazon Cancelling Queens HQ Bad for NY
A poll released Monday by Sienna College indicates that two-thirds of New York voters think that Amazon's cancellation of its announced plan for second headquarters in New York was bad for the state.
Why Ulta Earnings Are Beautiful
Ulta Beauty released better-than-expected fiscal fourth-quarter earnings before the markets opened on Friday.
Will It Take a Proxy Fight to Finally Turn GameStop Around?
GameStop is facing more problems as investors are threatening a proxy fight in a recent letter to the board of directors.
Why Dollar General Earnings Are Too Cheap for Investors
Dollar General released disappointing fiscal fourth-quarter financial results and announced a dividend hike before the markets opened on Thursday.
Amazon’s Contentious Move to Plastic Packaging
As Amazon (and other retailers who ship a lot of packages to consumers) works on cheaper flexible plastic packaging, recycling plants may not be ready to meet the challenges.
Chipotle Gets Its Most Bullish Call on Wall Street
BTIG Research reiterated Chipotle as a Buy, but the firm's Peter Saleh is the most bullish of all Wall Street analysts with official price targets.
What to Expect When Dollar General Reports Thursday
Dollar General is scheduled to release its fiscal fourth-quarter financial results before the markets open on Thursday.
Can Rite Aid Save Itself With This Restructuring?
Rite Aid shares made a sizable jump on Wednesday morning after the firm announced that there would be some changes in its executive leadership as well as some restructuring.
4 Top Large-Cap Stocks Are the Best Way to Play the Retail Rebound
24/7 Wall St. screened the Merrill Lynch retail coverage universe and found four large-cap stocks that are rated Buy, pay good dividends and look like the best way to play the retail turnaround.