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Retail
Presidential election prompts some Americans to ‘doom spend,’ report finds
Mario Tama | Getty Images News | Getty ImagesRetail therapy is thinly coating voters' anxieties from the presidential election — and their wallets know it.About 27% of polled shoppers say they are "doom spending" — that is, spending cash…
Cramer’s favorite stock of earnings season so far gets new props from
Amazon is getting the recognition it deserves on Wall Street after a great quarter. The news Morgan Stanley raised its Amazon price target Monday to $230 per share from $210 — implying 16% upside to Friday's close. The analysts cited the…
Peloton announces Ford exec Peter Stern as its next CEO
Peter Stern, CEO of Peloton Interactive.Courtesy: Peloton InteractivePeloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president. Stern, the president of…
4 retail stocks that look good even if the holiday shopping season is soft
The holiday shopping season is upon us, and our retail stocks are well-positioned to thrive, according to Wall Street research firm Telsey Advisory Group. The news In a note to clients this week, the retail-focused firm labeled Amazon ,…
A fast-changing Chinese coffee market awaits Starbucks CEO Niccol
People seen around the Starbucks coffee store in Shenzhen, China.Jakub Porzycki | Nurphoto | Getty ImagesOn Starbucks' fourth-quarter earnings call, newly installed CEO Brian Niccol told investors he needed to spend more time in China to…
Starbucks’ plan to return to its roots involves 200,000 Sharpies
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks CEO Brian Niccol said the coffee chain plans to buy about 200,000 Sharpie markers as part of his plan to take the coffee…
Starbucks will stop charging extra for dairy substitutes
Starbucks offers oat milk as a dairy-free option.Source: StarbucksStarbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks.The change goes into effect Nov.…
We’re making a flurry of trades: Buying 2 beaten-up stocks, taking profits
We're using proceeds from the sale to help fund our purchases of two other Club stocks.
Read More: We're making a flurry of trades: Buying 2 beaten-up stocks, taking profits
McDonald’s Quarter Pounder burgers to return to restaurants affected by E.
A double quarter pounder with cheese and fries arranged at a McDonald's restaurant in El Sobrante, California, US, on Wednesday, Oct. 23, 2024. David Paul Morris | Bloomberg | Getty ImagesMcDonald's Quarter Pounder burgers will return to…
Mattel, Hasbro lower guidance ahead of holiday season
Shoppers at a Walmart store on Black Friday in Secaucus, New Jersey, on Nov. 24, 2023.Victor J. Blue | Bloomberg | Getty ImagesMattel and Hasbro decreased their end-of-year guidance ahead of the key holiday season as toy sales continue…