Category: Retail & Wholesale

Industries, Retail & Wholesale

Target feels inflation’s sting in first quarter, shares slip

May 18, 2022

Via: ABC News

Target took a big hit from higher costs during the first quarter despite brisk sales and shares appeared headed for their most severe sell-off since the Black Monday market crash of 1987. Profits for major retailers has come under pressure […]

Industries, Retail & Wholesale

Under Armour profit to take hit from higher costs, China curbs; shares tank

May 6, 2022


Under Armour Inc forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed COVID-19 curbs in China. Shares of Under Armour (NYSE:UA) tumbled over 21% in […]

Industries, Retail & Wholesale

U.S. Consumers Boosted Spending in March

April 29, 2022

Via: The Wall Street Journal

Consumers spent more in March, showing American households are absorbing high inflation and are positioned to propel the economy heading into the spring and summer. Personal-consumption expenditures increased a seasonally adjusted 1.1% in March from the prior month, the Commerce […]

Industries, Retail & Wholesale

Amazon shares plunge as it frets over rising costs and lower demand as COVID eases

April 28, 2022

Via: Sky News

The company’s first quarter results included its first quarterly loss since 2015 though the $3.8bn sum was blamed on a $7.6bn writedown in the value of its investment in electric vehicle start-up Rivian. However, the red ink was overshadowed by […]

Industries, Retail & Wholesale

Lowe’s posts strong Q4 results on strong housing market

February 23, 2022

Via: ABC News

Lowe’s Cos., the nation’s second-largest home improvement chain behind Home Depot, offered an upbeat annual outlook after reporting strong fiscal fourth-quarter results that showed a still sizzling housing market. The report, released Wednesday, follows a robust quarterly report from Home […]

Industries, Retail & Wholesale

Best Buy: New Business Initiative Could Lead To Higher Share Price

February 11, 2022

Via: Seeking Alpha

From the pandemic-low share prices in March of 2020, Best Buy (BBY) has made immense highs (over $140) and more recently fallen to under $100 per share. While this recent bearish behavior in price action comes largely from slowing growth […]

Industries, Retail & Wholesale

Avocado prices hit a record high as Super Bowl Sunday approaches — the biggest single-day demand of the year for the fruit

February 7, 2022

Via: Markets Insider

Your famous Super Bowl guacamole may cost you more this season, as avocado prices hit a record high. A 20-pound box of Hass avocados from Mexico’s largest exporter to the US costs $6.29 more than it did during the same […]

Industries, Retail & Wholesale

Expert Ratings For Ulta Beauty

January 26, 2022

Via: Markets Insider

According to 10 analyst offering 12-month price targets in the last 3 months, Ulta Beauty has an average price target of $458.2 with a high of $516.00 and a low of $365.00. Below is a summary of how these 10 […]

Industries, Retail & Wholesale

Wholesale prices jumped a record 9.7% in 2021

January 13, 2022

Via: ABC News

Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual record and providing further evidence that inflation is still present at all levels of the U.S. economy. The Labor Department reported Thursday that […]

Industries, Retail & Wholesale

Walmart, Kroger raise at-home Covid test prices after White House agreement expires

January 5, 2022

Via: NBC News

Walmart and Kroger raised the price of Abbott’s at-home Covid-19 test kit after an agreement with the White House to sell the tests at a reduced price expired, the companies said Tuesday. The BinaxNOW kit, one of the first at-home […]