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Retail
MAHA SNAP restrictions on junk food could change spending
The growing push to restrict Americans from using federal food aid to buy certain processed or sugary products is creating a new challenge for some of the biggest U.S. food and beverage companies. The U.S. Department of Agriculture as of…
Hollister partners with Target to sell dorm bedding, apparel
Abercrombie & Fitch's Hollister is branching out of its apparel roots and partnering with Target to start selling home and dorm decor for the first time as both brands look to new categories to drive growth. The collaboration, dubbed…
Why this year’s World Cup is happening at the perfect time for struggling
Nike 's recovering business needs a spark. This year's World Cup — hosted by the U.S., Canada, and Mexico — could be the match. "Football allows us to invite more people in places of the world where we probably cannot reach with other…
CarMax (KMX) Q1 earnings
A view of a CarMax dealership on April 10, 2025, in Santa Rosa, California.Justin Sullivan | Getty ImagesShares of CarMax fell roughly 8% during midday trading Wednesday after the company beat Wall Street's quarterly earnings…
How Carvana’s expansion to new vehicles could reshape the U.S. market
A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCAfter growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market.The company has quietly…
Dick’s Sporting Goods expanding Lids shops to 100 locations
A sign is posted in front of a Dick's Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty ImagesDick's Sporting Goods, the sporting goods retailer, announced a partnership to expand Lids shops to…
Here’s why Dick’s Sporting Goods latest quarter signals a bright spot for
Dick's Sporting Goods got enough right in its quarter to signal stabilizing demand for athletic footwear. It is a possible bright spot for beleaguered Nike , a stock on borrowed time in the portfolio. For starters, Foot Locker saw…
The key metric investors are focused on when Costco reports earnings
Costco continues to post strong sales gains, but one metric has been losing momentum and drawing closer scrutiny from investors. Heading into Thursday evening's fiscal third-quarter results, shareholders, including the Club, hope to see…
Nike has limited time to prove itself, especially after a tough analyst
Nike is on the clock — its turnaround efforts are taking too long. Our patience is wearing thin. The stock has been a "remarkable loser," Jim Cramer said Wednesday on CNBC. In a second day of broader market selling, Nike was giving back…
Pandemic car shortages are still pushing up new and used car prices
The shockwaves of the Covid-19 pandemic are still hitting the U.S. car market and pushing prices up, even for exceptionally old cars. The pandemic dealt a severe blow to the total supply of new cars, which has rippled down to the used…