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Category: Retail & Wholesale


Industries, Retail & Wholesale

Tiffany misses on sales, shares slump 5% (TIF)

March 22, 2019

Via: Business Insider

The luxury retailer Tiffany on Friday reported fourth-quarter sales that fell short of Wall Street estimates, sending shares down 4% ahead of the opening bell. Tiffany said revenue totaled $1.32 billion, just missing the $1.33 billion that analysts surveyed by […]


Industries, Retail & Wholesale

Amazon’s focus on boosting profits could raise shares by 25%, KeyBanc analysts say

March 15, 2019

Via: CNBC

Closing pop-up stores, pushing the grocery business and focusing on advertising all will help Amazon boost profits, KeyBanc analysts said as they boosted the online retailer’s price target. The KeyBanc analysts raised their recommended allocation on Amazon to overweight and […]


Industries, Retail & Wholesale

Amazon didn’t kill the retail trade. Here’s the proof, says expert

February 28, 2019

Via: CNBC

Recent moves by retail stocks prove that Amazon hasn’t been able to squash all of its competitors, according to Susquehanna’s Stacey Gilbert. The SPDR S&P Retail ETF XRT was up 1 percent on Wednesday after Best Buy surged 16 percent […]


Industries, Retail & Wholesale

Home Depot Plans $15 Billion Buyback after Polar Vortex and Government Shutdown Hit Earnings

February 26, 2019

Via: Fortune

Home Depot Inc. plans to buy back as much as $15 billion of stock after quarterly earnings fell short of analysts’ expectations, casting doubt on a growth story that has lifted the stock 50 percent in the past three years. […]


Finance Tech, Industries, Retail & Wholesale, Trading

25 million tonnes of US soybeans will go unsold this year as a direct consequence of the trade war with China

February 22, 2019

Via: Business Insider

The trade war between Washington and Beijing has had a major impact on the US agricultural space over the past two years with the latest US department of agriculture (USDA) figures shining a light on the difficulties faced by farmers […]


Industries, Retail & Wholesale

Sears Survives for Now—But Will Be Smaller in More Ways Than One

February 13, 2019

Via: Fortune

When a bankruptcy judge approved Eddie Lampert’s $5.2 billion takeover bid for Sears Holdings on February 7, it was with a suggestion to “not to be a cartoon character.” Certainly his management style was unusual, visiting the company’s headquarters only […]


Industries, Retail & Wholesale

Eddie Lampert’s Winning Bankruptcy Bid Saves Sears—And 50,000 U.S. Jobs

January 16, 2019

Via: Fortune

Sears is saved—for now. The company’s chairman and hedge fund manager Edward Lampert won the U.S. department store chain in a bankruptcy auction with a bid of approximately $5.2 billion, according to Reuters and the Wall Street Journal. Lampert’s winning […]


Industries, Retail & Wholesale

Retail stocks could rally another 10 to 15 percent from here, says technician

January 8, 2019

Via: CNBC

Retail stocks are turning a new leaf in the new year. After ending 2018 with their worst quarter since 2008, the group has rallied more than 6 percent since the first trading day of the year. Craig Johnson, chief market […]


Industries, Retail & Wholesale

Retail is on pace for worst December ever, but new year rally could be ahead

December 26, 2018

Via: CNBC

There’s been little yuletide cheer for the retailers. The XRT retail ETF is down 17 percent this month, tracking for its worst December since its inception in 2006. One market watcher says indiscriminate selling may have unfairly taken retail down. […]


Industries, Retail & Wholesale

Tis the season to be jolly — but not if you’re a British clothing giant

December 21, 2018

Via: Market Watch

A cocktail of changing consumer habits, millennials’ aversion to shopping and the big Brexit clouds gathering over Britain’s high street have retail bosses quaking in their Prada loafers. On Monday, online fashion chain ASOS ASC, +4.22% usually a bankable star […]