Category: Retail & Wholesale

January 21, 2021

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 […]

January 13, 2021

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 […]

January 11, 2021

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 […]

January 7, 2021

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 […]

December 28, 2020

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 […]

December 24, 2020

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. […]

December 21, 2020

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 […]

December 16, 2020

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 […]

December 10, 2020

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 […]

December 1, 2020

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 […]