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Category: Retail & Wholesale


Industries, Retail & Wholesale

American Eagle shares rise as retailer plots at least 200 store closures in malls, making Aerie a $2 billion brand

January 21, 2021

Via: CNBC

American Eagle shares rose Thursday afternoon, as the teen apparel retailer outlined plans to close hundreds of stores in the coming years, while it looks to grow it lingerie and active-wear brand Aerie to a $2 billion business. The stock […]


Industries, Retail & Wholesale

Target’s same-store sales up 17% over the holidays as it holds on to some of its pandemic gains

January 13, 2021

Via: CNBC

Target said Wednesday comparable sales rose 17.2% in November and December, as customers bought matching pajamas and gingerbread house kits to celebrate a cozy holiday at home during the pandemic. While online sales remained robust, shoppers also visited Target’s stores […]


Industries, Retail & Wholesale

Crocs shares soar on raised sales outlook through 2021

January 11, 2021

Via: CNBC

Crocs shares soared Monday after the retailer raised its outlook for the fourth quarter, and said it expects sales in 2021 to accelerate as much as 25%, building on the brand’s momentum during the holidays. The retailer’s stock was up […]


Industries, Retail & Wholesale

Walgreens shares rise after its earnings top estimates, fueled by higher drug sales

January 7, 2021

Via: CNBC

Walgreens Boots Alliance reported Thursday fiscal first-quarter earnings that exceeded Wall Street’s expectations, helped by stronger-than-expected pharmacy sales. Walgreens shares were up about 3% in premarket trading. Here’s what Walgreens reported compared with what analysts were expecting for the first […]


Industries, Retail & Wholesale

Alibaba Price Target Cut by Baird on Monopoly Investigation

December 28, 2020

Via: TheStreet

Alibaba (BABA) – Get Report had its price target cut by Baird analyst Colin Sebastian to $285 from $325 as China’s government investigates the internet titan on anti-trust grounds. The analyst maintained his outperform rating on the stock. Alibaba’s American […]


Industries, Retail & Wholesale

Even COVID can’t stop New York City’s sidewalk Christmas tree vendors

December 24, 2020

Via: Fortune

Every year, an army of friendly, woodsy-looking salespeople, many from Quebec, sell live Christmas trees on New York City sidewalks. Street vendors are ubiquitous on the city’s landscape, but New Yorkers have a particular fondness for the Christmas tree migrants. […]


Industries, Retail & Wholesale

Nike shares rip toward record high, as investors see digital bets paying off

December 21, 2020

Via: CNBC

Nike shares jumped more than 5% to a fresh intraday high Monday, despite a broader sell-off, as investors rallied behind the sneaker maker’s latest quarterly results and an upbeat outlook that not many retail companies have been able to offer […]


Industries, Retail & Wholesale

Retail sales fell 1.1% in November, biggest drop in 7 months

December 16, 2020

Via: ABC News

Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy. U.S. retail sales fell a seasonally adjusted 1.1% in November, according to the U.S. Commerce […]


Industries, Retail & Wholesale

November consumer prices up 0.2% as energy costs rise

December 10, 2020

Via: ABC News

U.S. consumer prices edged up 0.2% in November as a rise in the cost of energy and a number of other goods offset a drop in food costs. The gain in the consumer price index followed a flat reading in […]


Industries, Retail & Wholesale

Amazon Sellers Cash In With $4.8 Billion Holiday Sales Worldwide

December 1, 2020

Via: PYMNTS.com

Amazon merchants rang up over $4.8 billion in global sales Black Friday through Cyber Monday, a 60 percent increase over 2019 sales for the same period. More than 71,000 independent small- and medium-sized businesses worldwide have surpassed $100,000 in sales […]