Retail

Why Kroger Looks So Valuable to Warren Buffett, Even in the Age of Amazon and Walmart

Posted: February 16, 2020 at 10:31 am

When it comes to ranking the greatest investors, Warren Buffett has ranked among the best investors of the modern era and he has previously held the title of being the ...
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Walmart Starts the Year on Down Note

Posted: February 15, 2020 at 8:35 am

Shares of Walmart Inc. (NYSE: WMT) are down 1.18% to $117.44. It is among the worst-performing Dow Jones industrial stocks. The index itself is higher by 3.01% to 29,398.08. The ...
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As Wayfair Cuts Staff, Another Retailer Buckles

Posted: February 14, 2020 at 6:25 am

Wayfair Inc. (NYSE: W), a modest-sized online retailer, said it would cut 550 people. The company claimed that tariffs have hurt its sales, and the threat of an economic slowdown ...
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Walmart Fires 293 Employees of New York City-based Jetblack Shopping Service

Posted: February 13, 2020 at 1:25 pm

Ending a program begun in 2017, Walmart Inc. (NYSE: WMT) on Thursday announced that the first company to emerge from the massive retailer's Store No8 incubator has "graduate[d] from incubation ...
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How Much Trouble Is Bed Bath & Beyond in After Preliminary Q4 Data?

Posted: February 12, 2020 at 11:35 am

Bed Bath & Beyond Inc. (NASDAQ: BYND) shares were crushed on Wednesday after the company announced its preliminary fourth-quarter results. Judging by the investor reaction alone, the results were not ...
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Macy’s Stock Has Not Bottomed

Posted: February 6, 2020 at 6:40 am

Macy's Inc. (NYSE: M) announced difficult results, and even more troubling numbers for the near future. The stock rose, perhaps because the cost cuts could temporarily help the bottom line. ...
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Macy’s CEO, Who Made $23 Million, Fires 2,000 and Guts Shareholders

Posted: February 5, 2020 at 6:20 am

Macy's Inc. (NYSE: M) CEO Jeff Gennette got his job in March 2017. Before that, he was the retailer's president. Gennette's compensation for 2018 and 2017 was over $23 million. ...
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JC Penney Reveals NYSE Delisting Notice, Adds More Executives to Turnaround Effort

Posted: February 3, 2020 at 9:50 am

J.C. Penney Co. Inc. (NYSE: JCP) announced Monday morning that the company on Friday received a notice from the New York Stock Exchange that it no longer meets the exchange's ...
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Is Express Bucking the Trend of Struggling Retailers?

Posted: January 22, 2020 at 12:40 pm
Last updated: January 30, 2020 10:52 am

Amid the pullbacks that retailers have experienced in and following this holiday season, there seems to be at least one retailer that made actual progress. We already have seen sales ...
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Alternative Data Show Why Gap Absolutely Must Keep Old Navy In-House

Posted: January 17, 2020 at 1:30 pm
Last updated: January 30, 2020 11:04 am

There have been some rather harsh changes over the past two decades when it comes to selling apparel and in all levels of retailing. The so-called Retail Apocalypse is undeniably ...
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Gap Is Still Falling Apart

Posted: January 17, 2020 at 6:15 am
Last updated: January 30, 2020 11:05 am

The market rewarded news that Gap Inc. (NYSE: GPS) will not spin out its Old Navy brand, which has done better than the company's other divisions. The decision could not ...
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Gap’s Surprise: ‘We Are Keeping Old Navy … Oh, and We Are Raising Earnings Guidance!’

Posted: January 16, 2020 at 4:38 pm
Last updated: January 30, 2020 11:06 am

There are many cycles that run through the business world. Over the past 20 years Wall Street has seen its waves of telling companies "buy other companies for scale and ...
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Target Stock Hammered on Holiday Season Report

Posted: January 15, 2020 at 8:05 am
Last updated: January 30, 2020 11:13 am

When Target Corp. (NYSE: TGT) reported third-quarter results back in November, the company forecast comparable sales growth of 3% to 4% for the fourth. In an announcement Wednesday morning, the ...
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Are Five Below Holiday Sales Signaling a New Trend in Retail?

Posted: January 13, 2020 at 1:10 pm
Last updated: January 30, 2020 11:17 am

Five Below Inc. (NASDAQ: FIVE) shares were crushed on Monday after the company announced net sales results for its holiday period. This continues the trend of retailers being outfoxed by ...
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Will JC Penney Stock Pick a Direction This Year?

Posted: January 13, 2020 at 12:30 pm

While the S&P 500 posted a share price gain of around 29% last year, shares of department store retailer J.C. Penney & Co. Inc. (NYSE: JCP) rose by 1.75%. By ...
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