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Retail
Jim Cramer is still skeptical of Starbucks despite a Goldman Sachs buy call
A new endorsement of Starbucks from a top Wall Street research firm doesn't budge our skepticism about the coffee giant's ability to deal with the multiple challenges holding back its stock. Goldman Sachs on Thursday initiated coverage…
Why Chinese EV tariffs may not work
The Chinese auto sector is increasingly making global automakers and politicians hot under the collar.In the early 1980s, the Chinese auto industry barely existed. Today the country has the capacity to make about 40 million vehicles…
Five Below has had a rough year so far. Here’s why
Since going public in 2012, discount retailer Five Below has grown its nationwide store count from less than 250 locations to more than 1,600. "It's been one of the success stories of U.S. retail over the past five or so years," said…
Tyson Foods suspends CFO John R. Tyson after second arrest
John R. Tyson speaks on stage during The Fight for Food: Value Chains and Partnerships at The 2022 Concordia Annual Summit in New York on September 21, 2022.Leigh Vogel | Getty ImagesTyson Foods said on Thursday it has suspended its…
Jake Paul launching men’s skin care line at Walmart
Jake Paul is launching a personal care brand geared toward men.Courtesy: WJake Paul is entering a new arena: skin care.The YouTube influencer-turned-boxer announced on Wednesday the launch of "W," a skin-care company targeted toward…
Sotheby’s, Fanatics team up to offer rare sports trading card auctions
A 1948 Leaf #79 Jackie Robinson card, which is the only true rookie card of the sports icon.FanaticsFanatics wants to expand the sports trading card industry. Now it's aiming to meet high-end collectors through a new partnership with…
The low-end consumer ‘is really being stretched,’ says Five Below CEO
A shopper browses a selection of body boards outside a Five Below store in Bloomington, Illinois, on July 25, 2018.Daniel Acker | Bloomberg | Getty ImagesWhile inflation is showing signs of easing, consumers in the country may still be…
Walmart hometown Bentonville Arkansas gets more expensive
BENTONVILLE, Ark. — When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Sometimes, the nearby creek would flood, and cows would…
Best Buy, Microsoft get price-target hikes — plus, TJX plans to enter a new
Club holdings Microsoft and Best Buy were the subject of upbeat Wall Street research, while TJX Companies hit an intraday high Friday on the same day it announced plans to enter a new international market. Here's a closer look at the…
GM EVs at Costco Auto help drive electric vehicle sales
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric…