Even as inflation bites, consumers are still turning to Amazon
A spate of fresh data this week showed consumers are feeling the sting from high inflation. While that likely means more pain for retail stocks,...
Retail industry
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Southeast Asia’s Zalora expects record-breaking Singles Day sales
Southeast Asian e-commerce company Zalora is anticipating record-breaking business this Singles Day amid economic reopening and increased tech adoption across the region. Speaking to CNBC...
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Adidas launches investigation into Ye conduct claims
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas said it is investigating accusations...
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While Valentine’s Day is getting more expensive, going into debt isn’t sexy
Even cupid is coming out of quarantine. Valentine’s Day spending is expected to reach $23.9 billion in 2022, the second-highest year on record, according to...
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Sweetgreen is launching its first national dessert — a ‘healthy’ take on the Rice Krispies Treat
Sweetgreen Crispy Rice Treat Source: Sweetgreen Sweetgreen is launching its take on Rice Krispies Treats, its first dessert since 2014. The Crispy Rice Treat is...
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Mattress Mack’s record $75 million Astros payout will cost Caesars, Penn big this quarter
Jim “Mattress Mack” McIngvale, of Houston, holds some of the tickets in Atlantic City N.J., Tuesday, Nov. 1, 2022, showing bets he has made on...
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PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution...
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Gopuff CEO Yakir Gola says its business model will outlast rivals as instant delivery space grows more crowded
A bag of groceries with the logo of American on-demand delivery start-up Gopuff. Gopuff As delivery start-ups race one another on speed, Gopuff co-founder and...
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Why Wall Street’s bullish on 3 Club stocks Wednesday — and our take, too
Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Here’s the latest analyst commentary on these Club...
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How we’re positioning our portfolio heading into the worst month of the year
How we’re positioning our portfolio heading into the worst month of the year Source: CNBC
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Retailers need to stoke the Christmas spirit to hit lofty holiday sales targets
Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Is it...
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Costco reports mixed quarter, but we see positive catalysts on the horizon
Costco Wholesale (COST) reported mixed fiscal first-quarter results after the closing bell Thursday, amid weaker consumer demand. But the Club continues to see the fundamentals...